SafeStake

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.Let&#39;s start! ParaState on CoinMarketCapWe have a Parastate Gravity account on CoinMarketCap.We need  2K subscribers and we are ready to go. Follow us!<a href="https://coinmarketcap.com/gravity/profile/Parastate" rel="noopener noreferrer nofollow">Link for ParaState Gravity account.</a>Also we would be grateful for the addition of $STATE to your CoinMarketCap watchlist and comments about Parastate. <a href="https://coinmarketcap.com/currencies/parastate/" rel="noopener noreferrer nofollow">Link is here.</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/d922b7d7c2e7496a94220324a1fe19d0.png" />SafeStake Galileo Incentivized Testnet: “Operators” Onboarding Announcement<img src="https://academy-public.coinmarketcap.com/optimized-uploads/353ac4fc16a04313955eff820aca5eb0.jpeg" />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.We are starting with an early access program for a limited number of “Operators.” Secure your spot by submitting an onboarding form as soon as you can. Verified operators will have a chance to win one free-mint of the ParaState governance NFT and have early access to the testnet rewards. Welcome to SafeStake!The<a href="https://docs.google.com/forms/d/e/1FAIpQLSexnRDub1Q0r2CCP6qsp_s6FRHqiZlgbtQpZ9He_h0QwHlesA/viewform" rel="noopener noreferrer nofollow"> early access onboarding form for  &#39;Operators&#39;</a>ParaState &amp; SafeStake Gleam Campaign!<img src="https://academy-public.coinmarketcap.com/optimized-uploads/15bb7a46181b428497e8df0a2105ea7e.jpeg" />Follow the steps outlined in <a href="https://wn.nr/GgQ9Mn" rel="noopener noreferrer nofollow">GLEAM</a> .Participate and have a chance to win NFTs! Maximize your chances of winning by sharing referral links with your friends. More points -more chances of winning. Good luck to all! &#x1f609;<a href="https://link.medium.com/xEA3zkdferb" rel="noopener noreferrer nofollow">More details about the contest are here.</a>Parastate Tech Talks at<a href="https://twitter.com/hashtag/PolkadotDecoded?src&#61;hashtag_click" rel="noopener noreferrer nofollow"> </a>Polkadot Decoded 2022<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c223c14e8b1a412fa75edebe2923b605.png" />Parastate will take part in Polkadot Decoded 2022 on June 30th. Michael Yuan (co-founder) will talk about how to &#34;Use Rust to write Ethereum smart contracts for Substrate&#34;.The SewUp project provides an SDK that compiles Rust programs into Ethereum- flavored WebAssembly bytecode, which could then run on ParaState&#39;s EWASM pallet and testnet. It enables Rust developers to create smart contracts that can be operated by existing Ethereum wallets and Dapp tools. Michael Yuan will demonstrate how to create and execute ERC-20 and ERC-721 contracts using Rust in this talk.<a href="https://decoded.polkadot.network/agenda/?date&#61;2022-06-30&amp;location&#61;new-york&amp;presentation&#61;use-rust-to-write-ethereum-smart-contracts-for-substrate&amp;tz&#61;new-york" rel="noopener noreferrer nofollow">Link to the event here.</a>AMA with Oddgems<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c66be93372764de89426ccec56d0c6c2.jpeg" />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.<a href="https://link.medium.com/yuLKkTXVfrb" rel="noopener noreferrer nofollow">Here is the entire conversation for those who missed the AMA session</a>.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.<a href="https://link.medium.com/bC9Ybm7ferb" rel="noopener noreferrer nofollow">The Underlying Utility of NFTs: Adding Value for Digital Collections</a><a href="https://link.medium.com/YB2akY5Vfrb" rel="noopener noreferrer nofollow">Evolution From the Proof-of-Work Consensus Layer to the Proof-of-Stake Protocol</a><a href="https://link.medium.com/iNCedNnWfrb" rel="noopener noreferrer nofollow">What Relevance Does PoS Have for the Blockchain Industry and Why Will Ethereum Use This New Consensus Algorithm</a>?<a href="https://link.medium.com/32PWkAKWfrb" rel="noopener noreferrer nofollow">Project Updates, 1st Governance Vote and Restructuring Notice</a><a href="https://hackernoon.com/hotstuff-the-consensus-protocol-behind-safestake-and-facebooks-librabft" rel="noopener noreferrer nofollow">The Consensus Protocol Behind SafeStake and Facebook&#39;s LibraBFT</a>About ParaStateParaState 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 &#43;&#43;, 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:<a href="https://www.parastate.io/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://medium.com/ethereum-on-steroids" rel="noopener noreferrer nofollow">Blog</a> | <a href="https://twitter.com/ReefDeFi" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/ParaState" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://discord.com/invite/zFS3Mnfpwj" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://github.com/ParaState" rel="noopener noreferrer nofollow">Github</a> | <a href="https://medium.com/ethereum-on-steroids" rel="noopener noreferrer nofollow">Medium</a>

ParaState Newsletter June 2022

SafeStake

Other articles published on Jul 1, 2022

Kommunitas x Kangaroo Capital Partnership Announcement

BLOCKS IKO has Sold Out

Introducing the upcoming StablePlaza pool

SpartaCats Troll DOGE With Billboard Near SpaceX Office

The Alternative To Stop Losses - Which Keeps You Safe Whichever Way the Market Goes

RadioShack AMA, Wikipedia Page + SafeMoon representative invited on Pawthcast

Join our free newsletter for daily crypto updates!