0.0461 s - время 17 - запросов

We use cookies in order to improve your experience while using our website. If you continue to use our site, you accept our Cookies Policy, revised Privacy Policy and updated Terms of Use.

BTC $ 3635.68674311 (-2.09 %)
XRP $ 0.3272395055 (-2.34 %)
ETH $ 121.864090881 (-6.04 %)
BCH $ 128.617362647 (-3.91 %)
EOS $ 2.4096565842 (-2.58 %)
XLM $ 0.10643233 (-2.78 %)
USDT $ 1.0204787949 (-0.07 %)
LTC $ 31.4000466816 (-3.51 %)
TRX $ 0.0244898419 (-5.72 %)
BSV $ 77.3551070492 (-3.81 %)

Parity Startup Receives $5 Million Grant From Ethereum Foundation

11:15 08/01/2019

The Ethereum Foundation supported the Parity Technologies startup by providing a grant totaling $5 million. The respective announcement was made on the company's blog.

Funding is aimed at improving the scaling, security, and ease of use of the Ethereum network.

This is not the first year that Parity Technologies provides significant support to the Ethereum platform, developing many solutions, in particular, it created the Parity Ethereum client, the report says. Further, it is stressed that the technical developments of Parity Technologies make a serious contribution to the development of the network, while the startup specialists work on the conditions of self-financing from the first days. 

The allocated funds will help to carry out further work on the Casper protocol, deal with sharding issues, ensure the quality of blockchain, conduct audits, and create infrastructure improvements.
Source : www.parity.io

The grant is divided into several stages. The first one provides for the support of the completed developments. The remaining funds will be directed to Parity specialists as they achieve various kinds of success related to the launch of a light client in the Ethereum blockchain, the initial phases of sharding, as well as work on ensuring compatibility of the eWasm mechanism.

The Ethereum Foundation emphasizes Parity's success in implementing the Serenity protocol, which will play an important role in the development of the network. The startup experts told about this at the Devcon4 conference, held in the capital of the Czech Republic.

As previously reported, Parity Technologies announced the launch of the first version of its Substrate solution.
Found a mistake? Highlight it and press Ctrl + Enter to notify the administrator.

Up-to-date Blockchain and cryptocurrency news. Be the first to know!

What is it for?