Particle Community introduces modular L1 blockchain for multi-chain ecosystems

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  • Particle Community's modular L1 blockchain is a common cost layer for multi-chain ecosystems.
  • It options chain abstraction and common accounts.

Particle Community has launched a modular layer 1 blockchain. That is an improve that leverages chain abstraction and common accounts to ease the consumer expertise throughout blockchains.

Particle Community's L1 is a Cosmos-SDK-based blockchain that acts “as a common cost layer for a multi-chain ecosystem.”

Leveraging the Cosmos SDK to construct this chain permits the chain to be modular in nature, retaining its sovereignty whereas delegating key capabilities resembling validation and knowledge availability to specialised ecosystem actors. It may be outsourced. Our L1 can be based mostly on his Rollkit and for EVM compatibility he makes use of Berachain's Polaris framework. Moreover, it leverages the Common Inter-Blockchain Communication (IBC) protocol for interoperability, enabling low-cost and quick cross-chain transaction execution.” Particle Community famous in a weblog put up.

distinctive consumer expertise

Based on the Particle Community crew, chain abstraction simplifies consumer interplay in a multi-chain ecosystem.

Inside this framework, any consumer can work together with any product or asset within the quickly rising Web3 atmosphere. Chain abstraction permits common account performance, creating an atmosphere that on this case capabilities like a single chain with unified liquidity and sovereignty.

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Chain abstraction and common accounts permit customers to work together with several types of blockchain networks and decentralized purposes (dApps). Particle's pockets abstraction means a common Web3 expertise with out having to fret about bridges between a number of wallets or different parts.

L1 depends on common accounts for simplified sensible contract administration throughout all EVM chains, in addition to disparate blockchains resembling Bitcoin (BTC) and Solana (SOL).

Common liquidity offers unified liquidity by atomic transactions and optimistic execution of swaps. There’s additionally a common fuel token that permits customers to pay for fuel with a single fuel token as a substitute of a number of models.

(Tag Translation) Market

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