【Particle Network】Modular L1 Blockchain Driving Chain Abstraction / Universal account, gas and liquidity / Dual staking and AggDA using Babylon / @ParticleNtwrk

Testnet V1 was opened to the public in May 2024 and the points program began.

Good morning.
This is mitsui from web3researcher.

Today I researched Particle Network.

🟣What is Particle Network?
⚙Dive a little deeper into the core architecture
💧TestNet Phase 1 is up and running
💬Chain Abstraction is coming

🟣What is a Particle Network?

Particle Network is a modular L1 blockchain that promotes chain abstraction and aims to address user and liquidity fragmentation in the web3 market.

Three core functions exist to achieve this.

• Universal Accounts: are smart accounts that leverage ERC-4337 to provide a single user address and balance across the ecosystem. With these accounts, Particle Network implements a custom cross-chain UserOperation structure, simplifying the management and use of smart contract wallets across all EVM chains and allowing control over accounts on heterogeneous blockchains such as Bitcoin and Solana. accounts on heterogeneous blockchains such as Bitcoin and Solana.

• Universal Liquidity: unifies the liquidity of all chains through the execution of multi-chain atomic transactions. This allows users to interact with new chains without holding tokens.

• Universal Gas: While the multi-chain ecosystem requires gas dedicated to multiple chains, users can pay for gas for cross-chain transactions using any token obtained from any blockchain. All transactions are ultimately settled on the Particle Network via the native token $PARTI.

I will explain each one a little more.

■Universal Accounts