We are in the final stretch of the year 2021, with “Uptober” captivating pros and newbies within the crypto and blockchain ecosystem. In this seventh edition of our newsletter, we have great things to share with our audience, on the roadmap to the launch of our mainnet.
From new alliances to the emergence of new communities around the world that support ParaState, in these last 30 days many new achievements have contributed to the development of our multi|chain platform.
Here are the highlights!
How to Obtain Testnet Tokens
There is very little time left for the launch of our platform, and a fundamental part of the ParaState ecosystem is the native $STATE token. Therefore, anticipating our launch, we have published in our blog a detailed guide on how to obtain $STATE tokens through our Twitter/Telegram APIs.
Do not miss this opportunity to familiarize yourself with the process and be prepared for when the time comes to use them! Check out our step-by-step guide by clicking on this link.
Cross Chain Infrastructure
If we are sure of something at ParaState, it is that interoperability is the new norm within the blockchain ecosystem that will guarantee the massive adoption of this technology. In this context, cross-chain bridges are a key technology supporting the interoperability of the different DeFi protocols that connect activity in the ecosystem.
Given the importance of understanding how cross-chain communication solutions work and what role they play in the blockchain ecosystem, we have published an excellent post entitled "Cross-Chain Infrastructure to Go for DeFi dApps" on our official blog on Medium.
Learn why the DeFi sector needs to be interconnected, what are its advantages and some of the most popular ways to activate two-way communication to exchange assets across interoperable blockchains; without losing sight of ParaState's approach to generating a natural bridge between chains and the giant dApp ecosystem on Ethereum.
Rust Membership Spotlight
We have reached an important achievement within the community of developers. The Rust Foundation has welcomed us, highlighting Marco Chen, Co-founder of ParaState as one of the prominent members of this important foundation.
In an interview moderated by the Rust Foundation Secretary and Project Director, Mark Rousskov, our co-founder talked about the technical characteristics of ParaState, its compatibility with EVM and especially, the use of the Rust Language by ParaState.
You can enjoy the full interview here.
Michael Yuan Delivers Speech on WasmEdge Runtime
In an informative talk of approximately 20 minutes, Michael Yuan gave a masterclass on the type of WebAssembly-based serverless functions that support Domain Specific Languages (DSLs) specifically designed for application tasks. You can enjoy the full video on Jamstack.
How Parastate is Creating Supply Chain Solutions
In an enlightening article published earlier this October, you will be able to elucidate How ParaState is Creating the Circular Supply Chain Industry on the Blockchain.
Learn about the digital technologies that enterprises use to create circular economies and why it is important to obtain a secure, fast and scalable environment that allows the development of dApps in the decentralized supply chain.
Marco Chen AMA Reaches Over 7500 Followers
On September 16, the popular crypto and blockchain analysis platform, CryptoDiffer, welcomed Marco Chen, Co-Founder of ParaState for an Ask Me Anything (AMA), where we answered many questions about ParaState's technical capabilities and why we hope to change the rules of the game.
In this AMA, we managed to capture the attention of just over 7,500 followers, a sign of the high interest that ParaState is generating within the ecosystem. You can enjoy the ParaState AMA Recap on the CryptoDiffer blog, by clicking this link.
How ParaState Unlocks an Untapped Market on Ethereum
In the last month, we have published several articles that seek to educate the general public on the blockchain ecosystem and the benefits of ParaState. Most recently, we published, an excellent piece on How ParaState Unlocks an Untapped Market on Ethereum: Avenues for Passive Income on the Network on our official blog on Medium.
The article describes in simple, easy-to-digest language, the myriad streams of profitability that are possible within the ParaState ecosystem. Find out why Ethereum's usability is so important to the global financial system and how ParaState is supporting a main network of decentralized applications, a superior system for legacy financial services.
Our most recent alliance with the ICON Foundation to deploy a new EVM-compliant blockchain for the ICON ecosystem was once again highlighted within prestigious media such as AltcoinBuzz.
While you may have already read about the partnership, given its relevance and significance within the blockchain ecosystem, we wanted to highlight this great article published on AltcoinBuzz.
New ParaState Local Communities on Telegram
As part of our worldwide expansion, and in order to bring our technology to every corner of the globe in your language, ParaState has expanded its official Telegram community channels to more regions including the Ukraine, Turkey, Russia, Sri Lanka and Spain.
More and more users from these and other regions of the world are joining the growing ParaState community to stay up-to-date in their own language on the latest developments on the blockchain.
In this tweet you can locate your favorite community and join the respective link of your community in your own language!
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.