📒 Codex No.287 · Chain abstraction

Particle Network PARTI

the one passport that every chain waves through

🎭 a calm border-guide spirit, fluent in every chain, one passport in hand

⚡ L1📜 Smart Contract🌱 PoS🌉 Bridge
ALTROOKIE CODEX

💬 “You shouldn't need ten wallets and three bridges just to move around. Bring me whatever token you have, and I'll handle the border crossings. One account, one balance, every chain.”

💬 TL;DR
  • The pitch: one Universal Account that works across many chains, so you stop juggling wallets.
  • The trick: pay gas in any token, and your balance is pooled across chains instead of stranded on each.
  • Under the hood: a Layer-1 built with the Cosmos SDK, secured by a dual stake of PARTI and Bitcoin.
  • Supply: capped at 1 billion PARTI; the token launched on March 25, 2025.

📖 The Story

April 2022. Pengyu Wang and Tao Pan, both from a mobile-game and Web3 backend background, started Particle Network. Their complaint was the same one every newcomer eventually voices: crypto had split into dozens of separate islands. Each chain wanted its own wallet, its own gas token, and its own bridge ritual, and people got lost in between.

Their answer was an idea they called chain abstraction. The plumbing, the bridging, the gas swaps, all of it should happen quietly underneath, the way you don't think about which bank's network handles your card when you tap to pay abroad. You hold one account, you carry one balance, and the chains sort themselves out.

The team raised about $25 million across four rounds, with backers including Spartan Group, Gumi Crypto, Animoca, LongHash, and Alibaba. They opened an incentivized testnet called Particle Pioneer in May 2024, then launched the PARTI token on March 25, 2025. The token sale that came just before it, a Binance Wallet IDO, was roughly 160 times oversubscribed, which tells you how many people wanted in.

The character that grew out of all this is a translator. It doesn't try to replace the other chains or win a war against them. It just stands at every border, reads the local language, and waves you through.

📊 Stats

UsabilityCross-chain reachSecurity modelTrack recordScarcity
🧭Usability One account hides the chains
🌉Cross-chain reach Built for many networks at once
🛡️Security model Dual stake: PARTI + BTC
🌱Track record Young; token launched 2025
💎Scarcity Hard cap of 1 billion

🧩 How it works

Particle stands on three pillars. Universal Accounts give you one identity and address across chains, built on smart-contract wallets (the ERC-4337 standard). Universal Liquidity pools your assets so they aren't stranded one chain at a time. Universal Gas lets you pay fees with whatever token you hold, instead of hunting down each chain's native coin.

⛓️ Chain ⛓️ Chain ⛓️ Chain ⛓️ Chain 🧭 Universal Account 🆔 one identity · 💧 pooled liquidity · ⛽ any-token gas
🧭 One account sits at the hub and reaches every chain through spokes, so you bridge nothing by hand: one identity, one pooled balance, gas in any token.

Underneath, Particle is its own Layer-1, built with the Cosmos SDK and CometBFT. It secures the chain with Delegated Proof-of-Stake and a dual staking twist: one validator pool is backed by the PARTI token, and a second pool is backed by Bitcoin, borrowed through the Babylon protocol.

🌗 Light & Shadow

🌕 Light
  • Solves a real, daily headache: one account and one balance instead of a wallet per chain and constant manual bridging
  • Pay gas in any token, which is the single friction that trips up most newcomers
  • Unusual security: a dual stake means the chain leans on Bitcoin's weight through Babylon, not only its own young token
  • Supply is hard-capped at 1 billion PARTI (no endless minting)
🌑 Shadow
  • Young and unproven. The token only launched in March 2025, so there is little long history to judge it by
  • Chain abstraction is a crowded race; several teams chase the same goal, and it is far from settled who wins
  • More moving parts means more places to break: cross-chain plumbing and bridges have a hard safety record across crypto
  • Early supply was concentrated (only ~23% circulating at launch), so large unlocks over time can weigh on the price

🧬 Evolution lineage

Not a fork of anything. Particle is a sovereign Layer-1 built on the Cosmos SDK and CometBFT, so it is a sibling-in-tech to other Cosmos chains, sharing the stack rather than copying code. Its dual stake also borrows Bitcoin's security through Babylon, loosely tying it to the Bitcoin-restaking family.

⚛️ Cosmos SDK 🧭 Particle Network ₿ Bitcoin (via Babylon)

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❓ FAQ

What is Particle Network?
A Layer-1 blockchain built for 'chain abstraction'. Instead of juggling a wallet for every chain, you get one account, one shared balance, and you can pay gas with whatever token you happen to hold.
What is a Universal Account?
It is a single identity that works across many chains, built on ERC-4337 smart accounts. Particle's three pillars are Universal Accounts (one address everywhere), Universal Liquidity (your assets pooled across chains), and Universal Gas (pay fees in any token).
How is Particle Network secured?
It runs Delegated Proof-of-Stake on the Cosmos SDK with CometBFT, and adds a dual staking system: one validator pool is backed by the PARTI token, and a second pool is backed by Bitcoin through the Babylon protocol.
How many PARTI tokens are there?
The total supply is capped at 1 billion PARTI. The token launched on March 25, 2025, with about 23.3% (233 million) in circulation at the start, including a 9% community airdrop. (Information only, not investment advice.)

⚠️ Not investment advice. All figures are for information only