ParaState December Newsletter

We are in the final stretch of the year 2021. A year full of progress and good news for ParaState. And December is no exception. We continue to generate new milestones, news and developments in shaping our new reality: a fully scalable bridge for Ethereum through Polkadot.

Without further ado, let's review the highlights of this last month of the year for the ParaState ecosystem!

ParaState Is Hiring!

As part of our expansion to meet the demand of our growing ecosystem, ParaState is in search of the best human talents available in the blockchain industry.

If you consider yourself a talented Rust or Blockchain Engineer, feel free to reach out and join our growing team of blockchain enthusiasts.

For more detail about the positions available, see this post:

ParaState Is Hiring!. We are looking for talented Rust or… | by Trine Katelle | ParaState | Nov, 2021 | Medium

Demo Day 2021 at Berkeley Blockchain Xcelerator

Last November we announced on our social networks that ParaState would be present at Demo Day 2021 at the Berkeley Blockchain Xcelerator, a lab at the Center for Entrepreneurship in the School of Engineering of University of California Berkeley’s Campus.

ParaState en Twitter: "ParaState at UC #Berkley #Xcelerator Demo Day 2021 + Career Fair. Come visit our booth! Or join virtually https://t.co/DAm6w7yyRv https://t.co/DCRF9LFf1x" / Twitter

ParaState was present in the Infrastructure, Privacy & Tooling cohort along with other renowned actors in the blockchain industry, making known in a space of 4 minutes its benefits as a multi-chain platform.

We enjoyed meeting all those who visited our booth and generously shared their thoughts, enthusiasm, and critiques of ParaState during the testnet phase.  

Ewasm: Where We Are and Where We Are Going

ParaState presented its SSVM-Ewasm Substrate pallet with the aim of offering dApps developers optimized performance at the lowest cost.

The advantages of Ewasm are a faster execution speed, improved hardware support, superior support for existing tools, language portability, and access to the large community of the WebAssembly ecosystem.

Learn more about why WebAssembly is important in this tech post about Ewasm:

Ewasm: Where We Are and Where We Are Going | by DJ | ParaState | Nov, 2021 | Medium

Why Learn SewUp for Writing Ethereum WebAssembly in Rust

Rust is well-positioned to be the programming language to unseat the most commonly used development language for Ethereum dApps, Solidity. Developers are building dApps for Web3 applications in DeFi, gaming, NFT and the metaverses using the Rust programming language.

ParaState embraces Rust as a foundational part of its SewUp library to scale Ethereum and build next-generation dApps. Learn all about this programming opportunity in this excellent post available on our official blog:

dApps Building Blocks for Web3: SewUp for Writing Ethereum WebAssembly in Rust | by DJ | ParaState | Nov, 2021 | Medium

Top 5 Blockchain Hackathons 

Hackathons have become one of the most active spaces to improve on ideas about a particular blockchain project. Here is a review of the best five Hackathons at the end of the year, 2021!

Top 5 Blockchain Hackathons. The blockchain industry continues to… | by DJ | ParaState | Dec, 2021 | Medium

Marco Chen Cointelegraph Interview

The Ethereum ecosystem is leading the industry, but it's not perfect, but fortunately there are solutions that might help improve the entire crypto industry. ParaState is one of them.

Cointelegraph recently talked to Marco Chen, our Co-founder and a member of the Rust Foundation, about why Ethereum-compatible smart contracts are the new black for blockchain developers.

Learn all the details in this exciting interview with one of the key actors of the Ethereum revolution in the blockchain ecosystem:

Q&A: How to build faster Ethereum-compatible smart contracts (cointelegraph.com)

New Partnership With SupraOracles!

At the beginning of December, we announced our most recent strategic partnership with SupraOracles, a platform with the vision and mission of promoting the training of the developer community in the blockchain industry.

Parastate chose SupraOracles to integrate its data warehouse with its runtime pallet, in order to provide fast, reliable and accurate data sources on parachains who want to support Ethereum using ParaState.

Read more about this alliance in this official SupraOracles post:

Supra Partners #56 - SupraOracles soporta el potente kit de herramientas para desarrolladores ParaState para habilitar los contratos inteligentes de Ethereum en Substrate - SupraOracles

 IMPORTANT PRE-WHITELISTING UPDATE!

In view of the Christmas holidays approaching, we have to reschedule our public offering event to post-Christmas holidays. In the meanwhile, we’d like to remind all pre-whitelist users to complete the KYC on Republic first. Take your time, no rush. 

The last call to register and participate was announced by the team with a deadline of December 20.

ParaState on Twitter: "▫️For users who haven’t been pre-whitelisted, you still have a chance to participate in the offering in the standard timeline on December 20th if our target allocation is not filled yet." / Twitter

Furthermore, to show our appreciation for the hard work and contribution of all ParaState Ambassadors and validators since our testnet Plato launch, we’d like to include all current ambassadors and validators in our pre-whitelist. The deadline for submission of this form was 7 am CET, December 14th.

ParaState held an AMA on their main Telegram group on December 15 to answer questions from all the pre-whitelisted members.

It is important to mention that eligible users will receive an email notice from Republic ahead of the standard timeline of the public offering event. The Snapshot list of successful eligible participants will be published soon.

The Master Builders of the Next-gen Blockchain Infrastructure

ParaState is building the next generation blockchain infrastructure. Learn about the advantages, characteristics and qualities that allow ParaState to position itself as one of the top-tier infrastructures in the industry to build solid use cases.

The Master Builders of the Next-gen Blockchain Infrastructure (thecapital.io)

Granting 20 Million STATE Tokens

ParaState announced that the first 100 dApps that are deployed on top of its infrastructure will be eligible for an incentive program corresponding to 2% of the total supply of its native STATE token. That is, about 20 million STATE Tokens to be awarded as a reward for helping to boost the development of its ecosystem.

Learn about the details of this incentive program in this post:

20 million STATE tokens to be awarded among the first 100 dApps deployed on ParaState | by DJ | ParaState | Dec, 2021 | Medium

Our Last Hackathon Livestream December 21

On December 21, our last livestream Hackathon took place through our YouTube channel.

Project Demo | ParaState Grant Hackathon - YouTube

In this issue, two projects that joined the Hackathon and were implemented in ParaState gave their demonstrations.

Why is ParaState the most advanced solution in the blockchain industry?

We close the last edition of the newsletter of this year 2021 with an insightful piece that allows the reader to have a broad, precise and concise vision about the reasons why ParaState is one of the most advanced solutions in the blockchain industry for the implementation of Ethereum-compatible use cases ranging from DeFi to metaverses.

Read more about the rationale behind this claim in this post:

Why is ParaState the most advanced solution in the blockchain industry? | by DJ | ParaState | Dec, 2021 | Medium

Wish all our community members a Happy and Prosperous New 2022! 


About ParaState

Known as Ethereum on steroids, ParaState is a multi-chain smart contract platform bridging the application and developer ecosystem between Polkadot, Substrate and Ethereum, as well as other chains wanting to provide Ethereum compatibility. While supporting the EVM pallet to provide seamless compatibility with all existing Ethereum applications, ParaState also provides developers with a next-gen smart contract implementation environment, Ethereum-flavored WebAssembly. These two infrastructures are ensured to talk to each other and share the same account system on ParaState.

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