As blockchain networks and Layer 1 and Layer 2 chains multiply, user bases and liquidity become fragmented, leading to subpar experiences for users and developers. Particle Network addresses this issue with its unified Layer 1 blockchain.
One notable initiative in the chain abstraction space is the Chain Abstraction Coalition, announced by Particle Network.
The success highlighted by the feat reinforces the popularity of WaaS.
LongHash Ventures has announced that it led a $1.5 million pre-seed funding round for Particle Network.