Parity Adds Support for Private Transactions and Encrypted Contracts

The implementation of  Private Transactions lets users store, modify, and view code
17 May 2018   1001

Ethereum client Parity has released 1.11 Beta version, which now allows users to create encrypted contracts and transactions on-chain and warp-sync to specific blocks. 

The implementation of  Private Transactions lets users store, modify, and view code. Only those users who have permissions viewable by anyone can have access to all contracts and transactions with private transactions on public chains. Moreover, they can work with others in the open behind strong encryption.

Also, Parity has improved Warp Sync to let users get their node up to speed by downloading snapshots of the current state. The users can jump to a minimum block number to make sure they are getting the latest possible snapshot, and built-in safeguards to prevent them from falling back to normal sync methods.

The Parity Ethereum transaction queue implementation was optimized in order to increase performance significantly, and now transaction verification is done in parallel.

Previously, we have reported that Parity Technologies issued a statement, according to which they did not plan to implement EIP 999 code change that could lead to a split of the Ethereum blockchain.

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   470

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.