Frozen Parity funds: new info

According to the new statement of well-known Ethereum wallet, the amount of funds blocked on wallets is estimated at $164M
14 November 2017   1343

According to a new statement of Parity technologies, they are working hard to solve $160 million worth "issue" and release people's ethers.

As a result of the activation of the vulnerability on November 6, funds were blocked on 587 wallets for a total of 513774.16 ETH.

As of November 14, the amount of funds blocked on Parity wallets is estimated at $164M.

We deeply regret the impact this situation is causing among our users and within the community. We do ask that people get in touch with us if they have any uncertainties and to not believe the speculation circulating the media. We are endeavouring to find a solution as soon as possible and we would like to thank everyone for the support we’ve experienced so far.
 

Jutta Steiner

Founder, Parity Technologies

According to official blog, "the team is working on a broadly accepted solution that will unblock the funds."

It is worth reminding that one of the most possible solutions for this situation is new Ethereum's hardfork. Also, it is not the first “issue” of Parity wallet. In July 2017, hackers were able to stole $30M from Parity

1st Alternative Zcash Client to be Created by Parity

The responsibility for the continued development and support of the new client called Zebra will be with the Zcash Foundation
18 June 2019   270

The leading developer of solutions for the Ethereum ecosystem, Parity Technologies, presented the first alternative client for cryptocurrency Zcash.

A new client called Zebra is designed to improve the security of the Zcash network. So, if the original Zcashd client will not be able to operate for some reason, the blockchain will be supported by nodes on Zebra.

In addition, with the help of an alternative client, developers will be able to identify bugs and eliminate defects in consensus.

The community wins across the board, as there are now more core developers working on clients, with more interests represented and clients taking different approaches on how to build apps on top. Zcash can now boast a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.
 

Fredrik Harryson
CTO, Parity Technologies

The responsibility for the continued development and support of the Zebra will be with the Zcash Foundation.