Insights The First Frontier for Chain Abstraction: The Crypto Economy Cryptocurrency is social technology encoded within financial technology. Much has been written about this to highlight the possibility of a decentralized, permissionless, intermediary-less Web. And yet, getting there hasn't been easy. As soon as one of Web3's problems is solved, others appear—user onboarding, regulatory frameworks,
Insights Chain Abstraction vs Account Abstraction (ft. Safe, Biconomy, Alchemy & Klaster): "Not All Abstractions Are Made Equal" We hear the same thing all the time: “BUT PARTICLE, chain abstraction and account abstraction are very similar ideas, but AA hasn’t yet managed to drive high adoption! How can chain abstraction take off, then?” Indeed, ChA is often mistaken for a repackaged version of AA. This originates from
Ecosystem Beyond UX: dApps On The Need For Chain Abstraction We’ve highlighted this over and over again: Fragmentation is the single largest issue standing between Web3 and consumer adoption. Usually, we focus on the ecosystem-wide imbalances that fragmentation creates: By altering the incentives of different Web3’s participants, it makes users’ experience more difficult—and, by extension, stops new
Insights Is Web3 Over-Investing In Infrastructure? Diving Into 2024’s Hottest Debate There is an ongoing discussion across Web3 regarding where development efforts and resources should be focused. There are two sides to it: * The “we need to focus on rolling out dApps ready for mass adoption” camp. This group claims Web3 should work (and invest) harder on releasing decentralized applications that
Community Universal Accounts Are Going Live! Here’s What’s Next and How To Prepare for It You read it well: Universal Accounts are going live! Throughout the past months, we’ve been positively surprised by the community’s support. Ever since we went live on Testnet, millions of Universal Account Testnet transactions have gone live through Particle Pioneer. We’ve also received increasingly positive feedback on
Product The Simplest Web3 Experience: Introducing Passkey Smart Wallet Ever since Particle Network was created, it’s been our mission to hyper-simplify the Web3 experience. If you’ve been following our latest updates, you know we’ve been advancing at breakneck speed toward our goal of unifying users’ accounts and balances across every chain. Meanwhile, however, we’ve also
Ecosystem Beating the ChA Drum: Q&A with Taiko on Chain Abstraction, its Ecosystem, and Embracing a Borderless Web3 It’s safe to say that Web3’s ecosystem of L2s and modular blockchains has finally solved scalability. Nowadays, cost-effective, expansive blockspace is accessible to any developer and end-user, defeating some of Web3’s major infrastructural issues. This marks the end of an era for Web3, leading to a new
Ecosystem Chain Abstraction Coalition: Our Arbitrum Orbit Co-Testnet Is Live on Particle Pioneer! Missed us yet? Well, The Chain Abstraction Coalition is back with another announcement! Assembling 60+ industry players (including huge names like Arbitrum, Avalanche, Berachain, Botanix, BNB Chain, Linea, and Polygon), the Coalition is committed to ending Web3’s fragmentation, steadily advancing towards a truly borderless ecosystem. Our latest Co-Testnet—which
Insights Entering the Abstraction Era: (Optimistic) Predictions for Crypto's Future Everyone’s an oracle in crypto. Predictions of future trends—or the outcome of current ones—can be found pretty much everywhere. And yet, there are currently two ideological camps in Web3: 1. Those who vouch for the "crypto is scaling faster than the Internet" thesis and think
Product Chain Abstraction Coalition: Our Arbitrum Co-Testnet Is Live on Particle Pioneer! The Chain Abstraction Coalition has done it again. This alliance, dedicated to ending the ecosystem’s fragmentation and featuring key industry names such as Avalanche, Berachain, Botanix, BNB Chain, Linea, and Polygon, continues to accelerate its mission to create a truly borderless ecosystem. And today, we’re taking another step
Ecosystem Conversations with a BERA: Unraveling Chain Abstraction in the World of Berachain The following is a recount of real events. Or maybe it’s based on a Telegram interview with Berachain’s Ecosystem team in light of them joining the Chain Abstraction Coalition. Our content team won’t tell us. Preface We first assembled the Chain Abstraction Coalition with the goal of
Insights Blockchain Interoperability & Chain Abstraction: Deeply Intertwined, But Not The Same Ever since the first smart contract networks appeared, the blockchain interoperability sector emerged with a clear goal: allowing users to freely navigate a multi-chain panorama, regardless of different blockchains’ standards, architecture, and economic structures. Meanwhile, the race to build better blockchains and scale existing ones hasn’t stopped. This has
Ecosystem Embracing the Chain Abstraction Experience: Q&A with Sei Chain abstraction is a natural response to Web3’s organic expansion. As new chains, L2s, and rollups emerge, the interconnectivity and seamless experience of chain abstraction (ChA) have become a top priority for our ecosystem. For blockchains themselves, this means a shift to a paradigm where they can compete based
Chain Abstraction Coalition: The Second Wave of Co-Testnets Is Now Live on Particle Pioneer! We recently announced the Chain Abstraction Coalition, bringing together major players in the Web3 space to address our ecosystem’s fragmentation. This coalition, comprised of 60+ leading networks like Arbitrum, Avalanche, Berachain, Botanix, BNB Chain, and Linea, is dedicated to fostering a borderless Web3 ecosystem. The first step of this
Chain Abstraction vs Intents: New Web3 paradigm, or repackaged solutions? Chain abstraction (ChA) is taking Web3’s spotlight as the next step of its development. Due to this, it’s only natural to see it compared to pre-existing technologies—particularly the ones that contributed to its emergence. Throughout our different blog posts, we’ve proposed crucial theoretical frameworks surrounding ChA.
Product Chain Abstraction Coalition: Our First Co-Testnet Is Now Live on Particle Pioneer! It’s time for action. Last week, we announced the Chain Abstraction Coalition: a groundbreaking collaboration of Web3's leading ecosystems, united in the mission of tackling our ecosystem’s fragmentation. This coalition brings together prominent networks like Arbitrum, Berachain, Avalanche, BNB Chain, Linea, and Botanix, all committed to
Ecosystem Many Blockchains, One Mission: Introducing The Chain Abstraction Coalition Blockchains brought you decentralization, at the cost of clunkiness. Modularity brought you scalability, at the cost of fragmentation. Chain abstraction is ending fragmentation to bring you freedom. The blockchain ecosystem’s rapid expansion has resulted in unprecedented scalability and cost-effectiveness. Yet, it has also led to an unprecedented problem: fragmentation.
Product One Account, 1000 Chains: Showcasing Universal Accounts Your Web3 experience might be about to change forever. A few months ago, we announced that we’d embarked on our most ambitious quest yet, aiming to solve Web3’s fragmentation of users and liquidity. Through our cornerstone solution, Universal Accounts (UAs), we’re providing an all-encompassing tool that allows
Insights Implementing Chain Abstraction: The Multi-Layer Framework Chain abstraction can only be achieved through multiple layers of technologies. As this vertical develops, it becomes clearer that chain abstraction is, rather than a technology, a multifaceted approach to simplifying the user experience of a fragmented ecosystem. This can be observed clearly, with multiple projects attempting to achieve chain
Our Testnet’s Phase 2 Is Now LIVE! Here's How To Participate & Earn $PARTI Points Dear Particle community, As our Mainnet launch approaches, we are glad to announce that we’ve entered Phase 2 of the Particle Network Testnet! Phase 1 finished with a bang: over 1.3M users activated Universal Accounts in Particle Pioneer, completing more than 122M transactions in total. This outstanding participation
Ecosystem We’ve Raised $25M to Unify All Chains! Dear community, We’re proud to announce that Particle Network has officially raised $25 Million to continue funding our vision of chain abstraction. This announcement comes after a $15M round led by Spartan Group and Gumi Crypto, with additional backing from SevenX Ventures, Morningstar Ventures, HashKey Capital, MH Ventures, UOB
Ecosystem Breaking Down Chain Abstraction: Foundational Solutions Way before modular blockchains and the L2 explosion, L1 optimization was the hottest conversation in Web3. The ecosystem assumed that a handful of networks would compete on equal terms for most of Web3’s activity. Instead, Web3 entered an era of modular expansion. This is already yielding hundreds and, eventually,
Insights State of Web3 Fragmentation: Addressing Web3's Biggest Problem & Its Solution We’ve talked extensively about Web3’s biggest problem: the fragmentation of users and liquidity across siloed blockchain networks. By now, it should be clear that this is a real problem hurting Web3 users’ experience almost regardless of preferred use cases and individual goals. However, it is rarely discussed that
Insights What is Chain Abstraction? Arriving at a Formal Definition TL;DR for non-nerds: “Chain abstraction” is typically used to refer to infrastructure that allows anyone to use decentralized applications without being aware of the manual steps associated with interacting with their underlying chains (such as bridging assets, managing multiple gas tokens, balances etc.) To continue impulsing this technology—which
Product We're Joining Forces with Babylon to Secure our L1! New Proof-of-Stake chains face a critical, yet often overlooked, security risk due to their native tokens’ nature. These tokens, typically the sole assets securing the network, are often subject to high volatility, which can reduce the security and integrity of the chain alongside its validator set. Meanwhile, as the most
