I've been following the narrative of chain abstraction for a long time and discussing it as well. Finally, I've seen the first truly usable chain abstraction application, which is a milestone for the chain abstraction sector!
Particle Network's UniversalX is the first on-chain trading application that can achieve full-chain liquidity without the need for cross-chain transactions.
1. Concept Stage Has Lasted Too Long
What exactly is chain abstraction?
Many in the community have been discussing chain abstraction, but before applications based on chain abstraction actually emerged, most conversations revolved around concepts and technical principles, making it difficult to reach a consensus.
A thousand people have a thousand Hamlets in their hearts; only when Hamlet truly stands before you, as a flesh-and-blood person, can you clarify your own understanding.
2. Too Many Technical Middleware
More critically, the various chain abstraction projects mentioned earlier are all underlying infrastructure, serving as technical middleware to help the application layer achieve chain abstraction.
The biggest problem with this technical middleware is that it cannot effectively integrate with applications, leading to various issues in system interoperability and preventing the best user experience.
This has resulted in everyone talking about chain abstraction, but no one has seen a product of chain abstraction.
Thus, the biggest factor hindering the implementation of chain abstraction is the absence of a killer application, which naturally prevents widespread adoption in the market and among users.
3. The First End-to-End C-End Application
This time, Particle Network has created the first end-to-end chain abstraction C-end application, directly showcasing what the experience of chain abstraction is like.
The product UniversalX gave me a refreshing feeling; after an initial experience, I found it largely aligned with my previous expectations: users can complete various transactions without being aware of the characteristics of different chains, without switching chains, and without worrying about gas fees.
Particle's UniversalX serves as a benchmark, providing a great demonstration effect that shows the benefits of chain abstraction, allowing other products to further explore the application of chain abstraction in different scenarios, such as wallets, payments, e-commerce, and more.
4. Entering from the Trading Scenario
UniversalX is a trading product, and Particle's entry into the trading scenario is very clever and aligns well with market trends.
The scale of on-chain trading is becoming increasingly large, especially in the current meme craze, where most meme trading occurs on-chain.
Particle's UniversalX combines the trading scenario with chain abstraction to adapt to this market trend.
Recently, after Hyperliquid's airdrop, the wealth effect ignited the market, and people began to focus on the potential star DEXs that may emerge in this cycle. What will the next generation of DEXs look like? The new generation of DEXs must be products that have significant advantages in user experience and liquidity.
Particle provides its answer through UniversalX: DEX + chain abstraction = CEX-level user experience.
5. A New Narrative is About to Erupt
The adoption of new technologies often requires time and sufficient market momentum.
Only when the user experience and value provided are high enough—far exceeding the total of the original product experience plus migration costs—can a new technology achieve large-scale adoption.
The chain abstraction sector is currently in a transitional period from concept to technology to application, and Particle's product is a milestone, marking the large-scale adoption of chain abstraction at the application layer.
From Particle's UniversalX, it is evident that the user experience has already created a generational gap compared to other products on the market, with a significant improvement in user experience.
The new narrative of chain abstraction is about to erupt.
6. Answers to Two Problems That Must Be Solved
It was previously mentioned that if Crypto continues to attract a large number of users, two problems must be solved: the usability threshold of wallets and the complexity of multi-chain operations.
This relies on two conditions: the maturity of wallet infrastructure and the integration of multi-chain frameworks.
Wallet usage is too complex; it is essential to provide ordinary users with non-custodial wallets, making MPC wallets and AA wallets very important.
Multi-chain operations are too complex; it is necessary to provide ordinary users with a non-chain product experience, making chain abstraction crucial, allowing users to use Web3 applications just like Web2 applications without worrying about the underlying characteristics of blockchains.
Both of these sectors have made significant breakthroughs and progress, indicating that the infrastructure layer of the Crypto industry is ready.
Looking forward to the year 2025 for the Crypto industry.
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