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June was an eventful month for ParaState. In this newsletter, we will look at the major achievements of the month. Many new members have joined us this month. We would like to extend our gratitude to our community for their support, commitment to ParaState, and activity on social networks to promote our mission to become the first EWASM solution in the blockchain industry.
ParaState on CoinMarketCap
SafeStake Galileo Incentivized Testnet: “Operators” Onboarding Announcement
We are targeting the launch of the Galileo incentivized testnet for July. And we expect to implement SafeStake within the ParaState ecosystem to drive high demand for $STATE tokens after the ETH2.0 PoS merge.
ParaState & SafeStake Gleam Campaign!
Parastate Tech Talks at Polkadot Decoded 2022
AMA with Oddgems
On June 28th we had an AMA session with Oddgems on the Telegram channel. Oddgems is an investor and owner at OGV World Technologies. He has a large crypto community. During the AMA our ambassador Dmytro shared information about ParaState and SafeStake, introduced our team, and answered questions from community members.
To learn more about the project or take a deeper dive into the technology or use cases, we would like to draw your attention to the articles published this month.
The Underlying Utility of NFTs: Adding Value for Digital Collections
Evolution From the Proof-of-Work Consensus Layer to the Proof-of-Stake Protocol
Project Updates, 1st Governance Vote and Restructuring Notice
The Consensus Protocol Behind SafeStake and Facebook's LibraBFT
About ParaState
ParaState takes Ethereum chain support to the next level through WasmEdge. Develop and execute high-speed smart contracts with built-in Ethereum compatibility (EVM and EWASM) and interoperability in next-level programming languages like Rust, C ++, and Golang.
Parastate is participating in ETH2.0 PoS Staking with a new tech stack called SafeStake, a trust-minimized, middle-layer fostering the decentralization of ETH2.0 staking. SafeStake is a non-custodial infrastructure for distributed validator technology written in Rust, implementing HotStuff consensus and Threshold signing architecture to provide more robust security for ETH 2.0 PoS.
Join the ParaState community: