ETHEREUM ON STEROIDS. Write Ethereum-compatible smart contracts in popular programming languages, & run them much faster, on Substrate. A decentralized open source business model funded by developer treasuries on participating blockchains.
Conventional Versus Blockchain Operating Systems: Ethereum’s Capabilities and Current Limitations
Conventional Versus Blockchain Operating Systems: Ethereum’s Capabilities and Current Limitationsyou u
ParaState’s WasmEdge Nominated for the Jammie Awards
We are excited to announce that our backend infrastructure WasmEdge (AKA SSVM) has been nominated in this year’s Jammie Awards. This nomination recognized our team’s efforts in producing high-performance WebAssembly Runtime for edge computing.
The New Age of Smart Contracts Within Cryptocurrency in 2021/2022: Ethereum’s Transformation by ParaState
If you read our previous article in this 2-part series, you would have learned of the unique benefits Blockchain developers gain when utilizing our SewUp application, being the world’s first Rust SDK compatible with the Ethereum network. While this revolutionary SewUp application provides the tools necessary to create smart contract programs with the functionality and complexity required for blockchain DApps in 2021/2022, some of our developers may be wondering how we seek to optimize the actual installment of these DApps onto any one blockchain.
Evolving the Potential for DApp Developers within Ethereum: The ParaState SewUp Solution
Ethereum, the 2nd largest cryptocurrency across the world, has a well-known Achilles Heel associated with its infrastructure. Those who actively use the network know of its inordinately high gas fees due to its low throughput, and its inability to run smart contracts of high complexity which disallows innovative DApps to be injected into the Ethereum ecosystem.
Could Ethereum be the #1 Cryptocurrency? ParaState Breaking Down Barriers in the Marketplace
While we believe Ethereum will be the most prevalently used blockchain within the crypto-industry, we at Parastate also look at Ethereum as a first-mover technology that can provide upgradeability to the entirety of blockchain. However, we are highly aware that Ethereum’s infrastructure cannot provide these enhancements to other blockchains on their own, and that is why we created Parastate. Acting as the first-ever production-ready eWASM pallet for the Substrate ecosystem; We intend on providing enhanced functionalities to all future DApps planning to run within Polkadot that looks to interact with Ethereum’s ecosystem.
How ParaState Unlocks an Untapped Market on Ethereum: Avenues for Passive Income on the Network
As the title states, this article will solely describe the countless streams of profitability that are possible within the Parastate ecosystem. This is a critical topic as, while our technology is leading the industry in improving throughput, gas fee economics, smart contract complexity, and seamless DApp on and off-boarding within the Ethereum network, we must justify why investors would actually financially back our ecosystem.
Solving the Lack of Diversity on Blockchain: ParaStates Gateway to Blockchain
Ethereum is currently taking the crypto marketplace by storm; The London Hard Fork update launched at 8:34 AM EST on August 5th has activated accelerated burning of Eth tokens and, consequently, is significantly raising its price. As each Eth holder is receiving constant gains in their portfolio from this update, many other investors are looking at Ethereum for maximizing their profit margins within the upcoming bull market.
Is ParaState the Only Solution to Ethereum’s Network Crisis? Competitive Analysis
Understandably, one could venture a guess that many other companies are attempting to collaborate with Ethereum, as it does have the largest Network Effect in all of cryptocurrency. Companies including Moonbeam, Plasm and Clover are all making strong movements toward being fully inter-compatible with Eth’s network, and do so by similarly running on Polkadot’s parathreads to benefit from the high throughput and low gas fees inherent to Polkadot.