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,
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
Product Universal Accounts: UX, DevX, and Technical Implementation Web3 is at a turning point in its goal to deliver decentralized solutions to the masses. The scalability problems that bugged our ecosystem for years led to the independent development of a myriad of L1, L2, and even L3 solutions. This has brought along secure, fast, and cheap blockchains, each
Community Our Testnet Is Now LIVE! Here's How To Participate & Earn $PARTI Points The Particle Network modular L1 is closer than ever. As we advance with giant leaps towards our Mainnet –a release we hope will transform the experience of using Web3–, today marks the beginning of a new era for Particle Network with a huge milestone: Testnet Phase 1. This Testnet features
Developer Onboarding Featured The Modular L1 Powering Chain Abstraction: Particle Network Note: This article was updated on 15/05/2024 to refine the explanation of certain components of Particle Network, as well as reflect conceptual developments that have occurred since its original publication. TL;DR: * L2s and rollups deliver the scalability blockchains need, but resulting in siloed ecosystems. Meanwhile, cross-chain interactions
Product Breaking Through Chain Abstraction on Bitcoin: BTC Connect The Bitcoin ecosystem has entered an accelerated growth and evolution phase. Many consider that 2023 and 2024 will be remembered as the years of bleeding-edge Web3 innovation arrived at Bitcoin. Amongst this revolution, a growing ecosystem of EVM-compatible L2s, Ordinals, BRC-20 tokens, and new dApps has sparked. However, despite abundant
Developer Onboarding Upgrading Our Site, Docs & DevEx: Web3 Developer Tools Overview Particle Network dev community, The last few months have been full of announcements and deep dives on our upcoming ecosystem. If you’ve kept an eye on our channels, you may also have seen that, as a part of our transition to a full-blown token-centric economy, we’ve dedicated considerable
Product BTC Connect: Bringing Account Abstraction to Bitcoin (Demo Inside!) Recently, we announced the development and initial partner ecosystem for BTC Connect –the first EVM-compatible ERC-4337 AA protocol for Bitcoin, supported by leading players in the BTC universe. Today, we are bringing you all the details about BTC Connect’s design and motivations, what it means for the larger Bitcoin
Developer Onboarding Particle Network 101: Developer Experience Edition We’ve remarked on it often, and we’ll say it again: Particle Network sits at a unique spot in the Web3 ecosystem. Serving end-users and developers, our mission is to make the experience of using Web3 as seamless as possible, providing developers with tools to create state-of-the-art dApps. And,
Technical/Security Why Is Shamir’s Secret Sharing NOT an MPC Security Solution For Private Keys? Private keys (and, to some extent, seed phrases) can be daunting to manage for non-tech-savvy users. And, even for knowledgeable ones, the perspective of securely storing keys forever might be overwhelming, even if they embrace the idea of self-custody. This specific need created a market of its own, leading to
Developer Onboarding Introducing Particle Network’s Omnichain Paymaster: Cross-Chain Gas Sponsorships As we progress through the simultaneous development of the many upgrades coming to Particle Network, we have successfully concluded the release of our Omnichain Paymaster. This service, directly integrated into Particle Network's Modular Smart WaaS stack, constitutes a part of our Omnichan Account Abstraction stack for AA interoperability.
Technical/Security ERC-4337: Predicting the Gas Consumption of UserOperation ERC-4337 Bundlers serve two core functions: * Predicting the gas costs for a UserOperation, i.e., eth_estimateUserOperationGas. * Packaging and submitting the UserOperation to the chain, i.e., eth_sendUserOperation. Among these, predicting the gas costs for UserOperations is one of the most challenging parts of the Bundler. As we recently
Technical/Security The Final Piece of ERC-4337: Omnichain Account Abstraction –credits to Particle Network's Co-Founder and CTO, Peter Pan, and Faust. Understanding the concept of Account Abstraction from the perspective of Transaction Flow Abstraction Multiple thought leaders in the field of account abstraction (AA), including Vitalik Buterin, agree that, to achieve mass adoption, it is a pressing necessity
Product Particle Network Open-Sources Its 4337 Account Abstraction Bundler Introduction Earlier last month, we announced the launch of Particle Network’s v2, a significant upgrade aimed at establishing an Intent-centric, Modular Access Layer of Web3. In this announcement, we introduced notable features such as zkWaaS (zero-knowledge Wallet-as-a-Service) and unveiled our innovative Intent Fusion protocol. As the EVM ecosystem irreversibly
Insights MPC vs AA: Rivals or Allies? The wallet serves as the critical bridge to Web3.0, playing a pivotal role in achieving mass adoption for the crypto industry. Despite numerous efforts in improving wallet user experiences, the complexity of managing private keys and mnemonic phrases in self-custodial wallets, coupled with security concerns in custodial wallets, leaves
