Particle Network introduces the modular L1 blockchain for a multi-chain ecosystem
Particle Network introduces the modular L1 blockchain for a multi-chain ecosystem
- The modular L1 blockchain from Particle Network is a universal settlement layer for a multi-chain ecosystem.
- It has chain abstraction and universal accounts.
Particle Network has introduced its modular layer 1 blockchain, an upgrade that is based on chain abstraction and universal accounts to simplify the user experience across blockchains.
L1 from Particle Network is a blockchain based on Cosmos-SDK that "as a universal settlement layer for the multi-chain ecosystem".
" By relying on this chain onto the Cosmos SDK, we can basically design you modularly, keep your sovereignty, and at the same time outslive key functions such as validation and data availability to specialized ecosystem actors. Our L1 is also based on roller kit and uses the polaris frame work for Beracain EVM compatibility. href = "https://blog.particle.network/Porticle-network-modular-l1-chain-abstraction-announcement/"> blog entry . According to the Particle Network team, the chain abscover enables simplified user interactions in a multi-chain ecosystem. Within this framework, every user can interact with every product and asset in the rapidly growing web3 landscape. The chain abstraction enables functions for universal accounts that create an environment in this case that works like a single chain with uniform liquidity and sovereignty. chain absurd and universal accounts enable users to interact with different types of blockchain networks and decentralized applications (DAPPS). The Wallet abstraction of Particle means a universal web3 experience without having to worry about several wallets and bridging and other factors. The L1 will rely on Universal accounts to simplify intelligent contract management across all EVM chains as well as heterogeneous blockchains such as Bitcoin (BTC) and Solana (Sol). Universal Liquidity ensures uniform liquidity with an optimistic execution of nuclear transactions and swaps. There is also the Universal gas token that enables users to pay petrol with a single guestisk instead of with several units. a unique user experience
Source: Coinlist.me
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