On Wednesday, the Avalanche Foundation announced via a blog post that Particle Network will launch the Particle Chain on Avalanche. Particle Chain is a high-performance coordination and settlement layer enabling Universal Accounts’ chain-agnostic user experience, demanding low latency, instant finality, built-in interoperability, and proven reliability in high-value environments.
This Layer 1 chain is slated to go live in Q4, with permissionless validator participation, allowing open access to run nodes on the network. Over 15 validators have been confirmed for its first cohort, underscoring the network’s readiness to operate at scale from day one.
By integrating the Universal Accounts solution within their dApp, developers can enable their users to deposit assets from any chain, pay gas in any token, and seamlessly interact across chains
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up 3.2% today and currently trades at $25.13 per coin.