Description
ParaState is a dynamic multi-chain smart contract platform designed to enhance the Ethereum and various blockchain ecosystems by supporting multiple programming languages and developer tools. It establishes a layer of blockchain interoperability, enabling the development of decentralized applications (dApps) across different networks. Central to ParaState's innovation is its Ethereum-flavored WebAssembly (Ewasm) runtime, which accommodates both Ethereum Virtual Machine (EVM) based contracts and WebAssembly (Wasm) based smart contracts. This enables ParaState to support Ethereum dApps, offer backward compatibility with Ethereum toolchains, and allow the use of efficient programming languages like Rust, thus broadening developer capability beyond Solidity. Aiming to boost scalability, interoperability, and developer productivity, ParaState leverages the dual support of EVM and Wasm to create a fertile ground for high-performance, cross-chain dApps. It places a significant focus on community governance, granting token holders the power to influence the platform's development trajectory. ParaState is noted for being "Ethereum on Steroids," promoting the writing of Ethereum-compatib...
ParaState is a dynamic multi-chain smart contract platform designed to enhance the Ethereum and various blockchain ecosystems by supporting multiple programming languages and developer tools. It establishes a layer of blockchain interoperability, enabling the development of decentralized applications (dApps) across different networks. Central to ParaState's innovation is its Ethereum-flavored WebAssembly (Ewasm) runtime, which accommodates both Ethereum Virtual Machine (EVM) based contracts and WebAssembly (Wasm) based smart contracts. This enables ParaState to support Ethereum dApps, offer backward compatibility with Ethereum toolchains, and allow the use of efficient programming languages like Rust, thus broadening developer capability beyond Solidity. Aiming to boost scalability, interoperability, and developer productivity, ParaState leverages the dual support of EVM and Wasm to create a fertile ground for high-performance, cross-chain dApps. It places a significant focus on community governance, granting token holders the power to influence the platform's development trajectory. ParaState is noted for being "Ethereum on Steroids," promoting the writing of Ethereum-compatib...