Particle Network: everything you need to know about PARTI

What is Particle Network?

Particle Network is an innovative blockchain project that aims to make Web3 as easy as Web2. In other words: no more hassle with multiple wallets, different blockchain addresses, or complicated bridges. With one universal account and smart technology, Particle Network provides a smooth crypto experience for everyone.

How does Particle Network work?

The project is building a modular Layer-1 blockchain that connects other blockchains. The focus is on chain abstraction, which means that as a user, you do not have to think about which chain you are active on. You have one universal address, one balance, and can perform transactions with the same tokens anywhere.

Three smart functions are central:

• Universal accounts - One address that works on all blockchains
• Universal liquidity - Your tokens are instantly available everywhere.
• Universal gas – Pay transaction fees with the token of your choice.

The result: a user experience like you know from traditional apps, but fully based on blockchain technology.

The PARTI token

The network's native token is called PARTI. This token is used for transaction fees, staking, and governance within the ecosystem. In May 2024, Particle launched a testnet with a reward program. More than 1.3 million users have already participated, resulting in over 6.7 billion distributed PARTI points.

The technology behind Particle Network.

To ensure the safety and performance of the network, Particle Network uses two smart technologies.

• Dual staking via Babylon - The security of the network is linked to Bitcoin, the most robust blockchain there is.
• Aggregated data availability - By making data available in multiple places simultaneously, the risk of a failure is greatly reduced.

In this way, the network combines user-friendliness with maximum reliability.

The Particle Network ecosystem

The ecosystem consists of:

• The modular Layer-1 blockchain that acts as a bridge between other chains.
• The universal infrastructure that helps developers to easily build apps that work on multiple blockchains at the same time.
• A rapidly growing community, with millions of users participating in testnet activities and rewards programs.

Benefits of Particle Network

• One account for all blockchains
• No more need for complicated bridges.
• Pay with any token you want

Disadvantages of Particle Network

Particle Network kan traag zijn, vooral wanneer er veel deelnemers zijn. Dit kan leiden tot vertragingen in de communicatie en een verminderde algehele prestatie. Daarnaast kunnen er beveiligingsproblemen optreden, zoals datalekken of misbruik van gegevens. Het kan ook moeilijk zijn om specifieke problemen met het netwerk op te lossen vanwege de complexiteit ervan.

• Can be challenging for beginners.
• Depending on adoption by other blockchains and developers.

Who is the founder of Particle Network?

Particle Network was founded by Pengyu Wang and Tao Pan. Both have a background in mobile game development, where user experience is crucial. They now use that experience to make the Web3 world more accessible and simple.

Expectations for the coming period

Experts expect a minimal exchange rate of €1.0200 in 2027 and a minimal exchange rate of €3.3900 in 2032.

Frequently asked questions