Particle Network shares details of its massive rebranding into modular layer-1 powering chain abstraction and universal accounts
On March 19, 2024, the team of Particle Network is going to kick off the process of the most profound transition in its entire history. The new design of the protocol will advance its interoperability, usability and fuel previously unseen use cases across various types of blockchains.Particle Network, a leading provider of account and wallet abstraction solutions, has announced its transition to the status of modular layer-1 blockchain powering chain abstraction and universal accounts.
This release marks a significant milestone in Particle Network's journey, building upon its rich history of innovation and its mission to deliver seamless, user-friendly blockchain solutions. has built a successful track record in addressing the complexities of asset management and user onboarding and retention in Web3. Particle Network’s modular L1 blockchain powers chain abstraction by coordinating accounts across chains while abstracting gas and unifying liquidity.
Particle Network’s L1 Universal Accounts will use Universal Liquidity for seamless cross-chain transactions, supported by a single Universal Gas Token to simplify gas payments and reduce friction for users. Furthermore, Particle Network's modular L1 combines modular architecture's sovereignty and scalability with the unified liquidity and user experience of single-chain systems.
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