Polaris

Token

Solana

Cosmos

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 <ul>
 <li>Particle Network’s modular L1 blockchain is a universal settlement layer for a multi-chain ecosystem.</li>
 <li>It features Chain abstraction and Universal Accounts.</li>
 </ul>
 Particle Network has introduced its modular Layer-1 blockchain, an upgrade powered by chain abstraction and universal accounts to make user experience across blockchains easier.
 Particle Network’s L1 is a Cosmos-SDK-based blockchain that will act “as a universal settlement layer for the multi-chain ecosystem.”
 “Relying on the Cosmos SDK to build this <a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> allows us to make it intrinsically <a rel="noopener noreferrer nofollow" title="modular" href="https://thebittimes.com/tag/modular.html">modular</a>, retaining its sovereignty while outsourcing key functions like validation and data availability to specialized <a rel="noopener noreferrer nofollow" title="ecosystem" href="https://thebittimes.com/tag/ecosystem.html">ecosystem</a> actors. Our L1 is also based on Rollkit and uses Bera<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a>’s Polaris framework for EVM compatibility. Furthermore, it leverages a Universal Inter-Block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> Communication (IBC) protocol for interoperability, enabling cheap, fast cross-<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> transaction execution,” Particle Network noted in a blog post.
 <h2 id="span-style-font-weight-400-a-unique-user-experience-span">A unique user experience</h2>
 According to the Particle Network team, chain abstraction allows for simplified user interactions in a multi-chain ecosystem.
 Within this framework, any user can interact with any product and asset in the rapidly growing Web3 landscape. Chain abstraction enables functionality for Universal Accounts, which in this case, create an environment that works similar to a single chain with unified liquidity and sovereignty.
 Chain abstraction and universal accounts allow users to interact with different types of blockchain networks and decentralised applications (dApps). Particle’s Wallet Abstraction means a universal Web3 experience with no worries about multiple wallets and bridging among other factors.
 The L1 will rely on Universal Accounts for simplified smart contract management across all EVM <a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a>s as well as heterogeneous <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a>s like Bitcoin (BTC) and Solana (SOL).
 Universal Liquidity will provide for unified liquidity with optimistic execution of atomic transactions and swaps. There’s also Universal Gas Token that allows users to pay gas with a single gas token rather than multiple units.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/particle-network-introduces-modular-l1-blockchain-for-a-multi-chain-ecosystem-tbt83075.html">https://thebittimes.com/particle-network-introduces-modular-l1-blockchain-for-a-multi-chain-ecosystem-tbt83075.html</a>

Particle Network introduces modular L1 blockchain for a multi-chain ecosystem

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