Particle Network: Exploring the Necessity of Chain Abstraction
Without a product, chain abstraction is not a real solution to solve real problems.
JinseFinanceWithout a product, chain abstraction is not a real solution to solve real problems.
JinseFinanceParticle 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.
WilfredParticle Network, a developer of modular blockchain solutions, has raised $15 million in its first token sale to enable cross-chain transactions and liquidity.
ZeZhengBinance faces scrutiny over response to Chrome extension attack, resulting in substantial user losses. Debates ensue over compensation and user responsibility amidst concerns about platform security and communication.
Huang BoThe SlowMist security team reminds users to thoroughly review browser extensions before installation.
SlowMistThe 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.
JinseFinanceWith 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.
JinseFinanceThe 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.
JinseFinanceThe removal of its iOS and Chrome Extension wallets from the market is scheduled for November 1, 2023, although customers will still be able to access their wallets until October 1.
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