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PARTICLE NETWORK testnet PHASE 1 has been online for 7 days, with the number of UNIVERSAL ACCOUNTs surpassing 600,000

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May 12, 2024

PARTICLE NETWORK testnet PHASE 1 went live for 7 days, with the number of UNIVERSAL ACCOUNTS exceeding 600K. As a modular L1 blockchain achieving chain abstraction, PARTICLE NETWORK, in its testnet PHASE 1, has connected major L1/L2s such as ETHEREUM, $BNB CHAIN, POLYGON, and $BTC L2S based on a high-performance EVM execution environment. Users can perform cross-chain transactions without directly holding native tokens from other chains through the UNIVERSAL GAS TOKEN. To date, users have completed over 13M cross-chain atomic transactions on PARTICLE L1. The testnet upgrade has been completed for the upcoming PHASE 2, which includes UNIVERSAL LIQUIDITY, aiming to achieve seamless cross-chain asset integration and address user and liquidity fragmentation issues in the context of chain explosion.

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