✨Hello, everyone, I am Momo. Recently, I have been整理 some knowledge related to blockchain projects into notes and sharing valuable insights with everyone. I hope to learn and discuss with like-minded friends, and I also welcome guidance from experts.
# 0x00 Introduction
Recently, the UniversalX from Particle Network has gained a lot of popularity, and the overall user experience is very smooth, allowing users to feel less of the barriers between chains compared to other wallets on the market. Additionally, apart from transfers, tokens from various chains can now be exchanged directly, allowing for cross-chain meme asset creation without worrying about gas tokens.
On January 18, 2025, the elected President of the United States, Trump, officially launched his personal MEME token - TRUMP on Solana. This event caused a huge stir in the cryptocurrency market, and the TRUMP token rapidly rose to prominence in a short time, becoming the market focus. Many friends participated in the meme craze of the TRUMP token at the first opportunity, but due to the popularity of the TRUMP token, many friends were unable to participate immediately because their wallets on the Solana chain did not have enough SOL.
In such a booming market, many users encounter some common troubles: first, centralized exchanges are severely delayed in withdrawals due to the surge in on-chain transaction volumes, with some users waiting hours to complete withdrawals; second, cross-chain bridge operations are cumbersome and time-consuming, often requiring a wait of 10-30 minutes to transfer assets from one chain to another, during which the best trading opportunities may be missed. These factors severely impact users' abilities to participate in new projects and seize market opportunities. Especially in explosive market conditions like that of the TRUMP token, a few minutes of delay can lead to significant opportunity costs.
# 0x01 Chain Abstraction
Particle Network actually started building its own tech stack quite early, from wallet abstraction => account abstraction => chain abstraction.
So here Momo briefly summarizes the understanding of each layer:
Wallet Abstraction: Users can create smart contract wallets linked to their Web2 social accounts, reducing the need for users to learn specialized knowledge about Web3 wallets.
Account Abstraction: By leveraging account abstraction through ERC-4337 smart accounts, features such as gasless transactions and session keys are unlocked to enhance the user experience of its dApps. You can think of the current popular wallets with non-custodial smart contract accounts (AA accounts).
Chain Abstraction: In today's multi-chain era, chain abstraction allows for a user experience that does not require manual handling of interactions with multiple chains.
Moreover, to achieve unified interaction across all chains and provide users with a single balance and account status, Particle Network uses a separate L1 to handle external chain transaction execution and confirmation (scheduling).
# 0x02 UniversalX
UniversalX is a chain abstract trading platform launched by Particle Network, which provides users with a seamless cross-chain trading experience through its unique chain abstraction technology.
UniversalX adopts the concept of 'One account, one balance, any chain,' allowing users to manage a single account to trade on any supported chain. More importantly, you can use any token as gas fees, even if you don't have native tokens on the target chain, you can still complete transactions. This perfectly resolves the issue of users missing opportunities due to a lack of specific chain gas in explosive market conditions like that of the TRUMP token.
UniversalX achieves real-time cross-chain settlement through its own L1 network, providing true instant cross-chain capabilities. Users do not need to wait for the traditional cross-chain bridge confirmation time of 10-30 minutes, nor endure withdrawal delays from centralized exchanges. The entire process can be described as 'smooth' - from funds arriving to completing transactions, it truly achieves second-level response.
The non-custodial nature of UniversalX ensures asset security while restoring a trading experience similar to that of centralized exchanges. Users can easily access assets across the entire chain without worrying about cumbersome cross-chain operations or gas fee issues. This innovative user experience has led the market to label UniversalX as 'the most outstanding, smoothest, and most timely EVM-Solana capital transfer tool.'
In simple terms, even if you have no relevant token balance in UniversalX, you can directly purchase using fiat currency or transfer relevant tokens like USDT from other chains such as Arb or BSC, and then trade the $TRUMP token on the Solana chain directly on UniversalX. Fun fact: UniversalX is the only product that allows you to seamlessly gamble ETH and U directly onto Solana.
0x03 Summary
The above is Momo's learning and sharing about UniversalX & Particle Network. The launch of UniversalX undoubtedly brings new vitality to the cryptocurrency market. Through its unique chain abstraction technology, UniversalX not only addresses the pain points users face in cross-chain trading but also provides users with an unprecedented trading experience.
$BNB
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