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Particle Network
Particle Network is a Web3 infrastructure project and platform that powers chain abstraction through Universal Accounts. It aims to solve the fragmentation of users and liquidity across multiple blockchains by providing a seamless user experience. This enables users to have a single account and balance across any blockchain, allowing them to transact across chains effortlessly without bridging or managing separate balances, making dApps chain-agnostic.
Distributed
Description
Particle Network addresses the growing fragmentation of users and liquidity across the expanding landscape of L2s and application-specific blockchains by bringing the simplicity of Web2's user experience to Web3 through 'chain abstraction.' This allows users to interact with any decentralized application (dApp) without needing to be aware of the underlying blockchain infrastructure. The core of this solution is Universal Accounts, which provide users with a unified account, identity, and balance for any chain, enabling them to combine and spend assets from multiple chains on any destination chain without bridging. The platform also features Universal Liquidity, which unifies liquidity across chains through atomic cross-chain transaction execution, and Universal Gas, which removes the need for users to own multiple gas tokens. Particle Network's solution is built as a modular stack of interoperable technologies, including a suite of SDKs and APIs for integrating Social Login Wallets and Account Abstraction. The underlying infrastructure, Particle Chain, coordinates these Universal Accounts and is composed of a Master Keystore Hub, a Decentralized Messaging Network, a Decentralized Bundler, a Dual Staking model, and Aggregated Data Availability.Grant Funding
VC Funding
None
2022
2023
$0
$8.8M