Particle Network shared its ambitious plans to transform to an Intent-Centric Modular Access Layer from Web3, using the latest developments in zero-knowledge technology and the system-as-a-service model.
Particle Network is evolving into a one-stop infrastructure layer for Web3
According to the team’s official statement, shared in a recent blog post, Particle Network, an innovative Web3 platform, is about to undergo a massive transformation. The company is preparing to release its innovative technology suite to ensure interoperability, data sovereignty and efficiency in the Web3 space, with Modular Smart WaaS serving as the base layer.
Particle Network is always evolving.
Today we share an overview of our ecosystem and the vision that got us here.
Here’s how we integrate Intent-Centric, Privacy, and Omnichain components to become the access layer of the open web
🧵of👇https://t.co/6LfTrxOXn7
— Particle Network (@ParticleNtwrk) November 30, 2023
Particle’s upcoming technology stack includes the Intent Fusion Protocol, a permissionless, universal framework for expressing, transforming, and executing users’ intents, powered by the underlying Solver Network and Domain Specific Language.
Other components of the upcoming upgrade will reaffirm Particle’s commitment to building a privacy-focused crypto infrastructure. It will release Confidential zkStack to ensure the security of Web3 app customers.
Particle Network’s CEO Pengyu Wang is confident that his team’s introduction of the new tools is of the utmost importance to Web3 developers around the world:
The ecosystem that Particle Network has evolved into today is the result of the collective efforts of our team, partners, and community members. Innovations like Modular Smart WaaS, the Intent Fusion Protocol and our Confidential zkStack demonstrate our commitment to building the access layer of Open Web
As previously reported by U.Today, the platform surpassed 15 million wallets activated by its users in September 2023.
PoS zkEVM Particle Chain starts
In addition, Particle Network will leverage one of the most crucial trends in Web3’s Ethereum-based segment, namely zkEVMs, or fully EVM-equivalent zk rollups.
Particle Network also focuses on its proprietary PoS zkEVM, the Particle Chain, and a token-centric economic model.
Critical to this model, the Particle Network Token will play several roles, including covering gas costs, securing the network, enabling evidence generation, participating in the intent market, and contributing to governance decisions.