Archive | parity

Ethereum’s Parity Client Users Lose Millions in a Multi-Sig Hack

On July 19 the ethereum community was warned that the Parity client version 1.5 and above contained a critical vulnerability in the multi-signature wallet feature. Further, a group of multi-signature “black hat exploiters” has managed to drain 150,000 ether from multi-sig wallets and ICO projects. Also Read: Ethereum Millionaires Might Be Attracting Attention From Regulators A […]

What is the Ethereum Parity Chrome Extension?

Most Ethereum users are too aware of the different wallet solutions at their disposal. Parity is one of the most popular wallet options in this regard. Interestingly enough, the Parity project also has a Chrome extension, which provides similar functionalities to a certain degree. However, Parity is about more than just a wallet service, as […]

Extension Block Proposal Receives More Industry Support

There’s been a lot of discussions in the cryptocurrency space about alternative implementations of the Bitcoin client. Just recently reported that Bitpay announced it was gearing up to test the alternative client Bcoin’s Extension Blocks by partnering with the bitcoin-based startup Purse. Now three more digital currency companies are supporting Bcoin’s “To the Moon” […]

Parity Technologies Introduces New Bitcoin Software Written in Rust

On April 27 the startup Parity Technologies announced the release of a new protocol stack using a new implementation of the Bitcoin software. The ‘Parity Bitcoin’ client is written in Rust adding one more alternative implementation to the Bitcoin ecosystem.    Also read: There’s a Big Difference Between Electronic Fiat and Cryptocurrency Another Version of the […]

One Bitcoin is Now Worth More Than One Ounce of Gold for First Time

One bitcoin has now, at least briefly, been worth more than one ounce of gold, hitting $1239.9 at the bitcoin exchange Bitstamp, while an ounce of gold was priced at $1238.67. The last time a single bitcoin might have been worth more than an ounce of gold happened in November 2013, more than three years ago. Having […]

A Consensus Issue Between The Geth and Parity Ethereum Clients Caused an Unintentional Fork of the Network

An issue in the Geth implementation of the Ethereum protocol –matained by the foundation of the same name– caused an unintentional fork in the network. Nick Johnson, an ETH developer, confirmed the problem on reddit and said that the foundation identified the root cause.  Ethereum developers can’t catch a break. After successfully performing its #4 hard fork, […]

Melonport Launches Polkadot Based Melon Cryptoasset Management Software

Melonport, a Swiss company has announced the upcoming launch of its Melon software for crypto-asset managers in partnership with Dr. Gavin Wood. The one of a kind platform is built on the revolutionary Polkadot multi-chain network created by the former Chief Technology Officer of Ethereum Platform. Dr. Gavin Wood, apart from being one of the […]