Many Blockchains, One Mission: Introducing The Chain Abstraction Coalition
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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.
Fragmentation has turned Web3 into a complex landscape of isolated islands. To navigate them, users need to endure endless difficulties, which ultimately stunts the industry’s growth and adoption. Luckily, however, Web3 has always distinguished itself by its openness, cooperation, and pragmatism.
That's why, as more voices converge around the chain abstraction vision, we are proud to celebrate that we're bringing together some of Web3’s leading ecosystems to jointly tackle fragmentation.
Let us introduce you to The Chain Abstraction Coalition.
The Chain Abstraction Coalition
We don’t see chain abstraction (ChA) as a technology that any one organization can exclusively develop or own.
Rather, we believe it to be a user experience exempt from the manual processes required to interact with multiple chains. This means that, necessarily, ChA can only be achieved through the collaboration of different members of Web3, at varying levels of the technology stack and across multiple disciplines.
With this vision in mind, the Chain Abstraction Coalition brings together different L1 and L2 blockchains, each with its own vision and approach, but all committed to offering developers and users a better experience… one that encourages innovation to flourish.
Members and first efforts
To make this coalition as impactful as possible, we needed partners with vibrant, growing ecosystems of their own.
As such, some notable networks participating in the Chain Abstraction Coalition are Arbitrum, Berachain, Avalanche, BNB Chain, Linea, and Botanix, among others. By joining the Coalition, these ecosystems showcase their commitment to offering superior interoperability features to their developers and end users.
Introducing Co-Testnets
Meet Web3’s new paradigm.
In the spirit of actionable, interactive cooperation that can immediately showcase the benefits of ChA to users, the Coalition will kickstart a campaign centered around the integration of Particle Network's Universal Accounts (see below) across multiple networks.
Within this campaign, hosted on Particle Pioneer, Particle's Testnet platform, users of Coalition ecosystems will be able to interact with Universal Accounts and experience chain abstraction for the first time. This will allow them to seamlessly move across blockchains with their Universal Account, enjoying other features like paying gas with any token through Universal Gas.
Since enabling these features will require deep integrations across Particle Network and the Coalition’s partners, all integrations will receive the name of “Co-Testnets”. Coalition networks will participate as Co-Testnets to introduce chain abstraction to their audiences, with each Co-Testnet grouping different sets of partners. The first Co-Testnet will be announced as soon as next week.
Furthermore, since Co-Testnets will be a part of Particle Pioneer, they will also grant users the ability to earn $PARTI points, enabling them to receive benefits and bonuses across Particle’s multiple community campaigns.
What are Particle Network Universal Accounts?
Universal Accounts are Particle Network’s flagship chain abstraction solution.
They provide an all-encompassing interaction point allowing you to manage and use your assets across all chains from a single interface. Universal Accounts also allow you to interact with dApps on any chain—all while making it easy for developers to deploy dApps that span multiple chains.
This chain abstraction solution is already fully usable on Testnet, accessible through Particle Pioneer. In its first version, users can pay gas for any transaction with any token (Universal Gas), send transactions across chains without the need for bridges, and freely use their tokens to interact with dApps on external chains.
Showcasing the utilization of Particle Network Universal Accounts and Universal Gas for a cross-chain interaction.
TL;DR? Chain abstraction is here to stay
Chain abstraction represents a pivotal step for Web3, one that can take it from a niche, financially-oriented industry, to one with products ready for mainstream consumption.
By bringing together Web3’s leading blockchain ecosystems, the Chain Abstraction Coalition addresses users’ and developers' ever-growing needs, underscoring the importance of creating a unified, easy-to-navigate ecosystem.
True chain abstraction can only be achieved through cooperation. And, through efforts like integrating Universal Accounts and hosting Co-Testnets, the Coalition seeks to demonstrate the practical benefits of chain abstraction to accelerate the innovation and mainstream adoption of Web3.
Particle Network's Wallet Abstraction solutions are 100% free for developers and teams. By integrating them, you can set your project in a path to leveraging chain abstraction.
About Particle Network
Particle Network is addressing Web3's fragmentation of users and liquidity through Universal Accounts. Particle's chain abstraction is powered by a Cosmos SDK L1 blockchain enabling the experience of a single account, balance, and address that can be used across all chains, allowing users to interact with any dApp and pay gas with any token.
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