Particle Network: Exploring the Necessity of Chain Abstraction
Without a product, chain abstraction is not a real solution to solve real problems.
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Without a product, chain abstraction is not a real solution to solve real problems.
Particle Network is at the forefront of blockchain innovation, pioneering a modular Layer 1 blockchain that simplifies cross-chain interactions. By introducing Universal Accounts, Particle Network enables users to manage a single address across multiple chains, abstracting gas fees and unifying liquidity. This seamless coordination across ecosystems empowers existing Layer 1 and Layer 2 solutions, setting a new standard in the blockchain industry.
Particle Network, a developer of modular blockchain solutions, has raised $15 million in its first token sale to enable cross-chain transactions and liquidity.
The current complex environment of high-performance L1, parallel EVM, L2 RaaS, L3 application chain, cross-chain and other tracks in the market has made modularization and chain abstraction two derivative twin narratives. In my opinion, "modularization" must have "chain abstraction" to a certain extent.
With the emergence of more and more public chains and Layer 2, the current Web3 experience is very fragmented. Different chains incentivize users to use their networks exclusively and require different wallets to interact with them.
The Particle Network People’s Launchpad goes live at 12 midnight UTC on February 5th and provides BTC holders and the ALLY community with an exclusive opportunity to participate in the Merlin Chain token distribution.
MetaMask introduction of version 10.28, users can now enjoy a dedicated NFT tab that simplifies viewing and transferring these unique tokens.
As more cryptocurrency projects are deployed, a simplified multichain experience becomes necessary for mainstream adoption.
Sega game producer Masayoshi Kikuchi said: "Future games will expand to new areas such as cloud games and NFTs, which is a natural extension."