Parity announces final Byzantium release

Parity has announced its final Byzantium release ahead of Ethereum hardfork
14 October 2017   815

The second-largest provider of ethereum protocol software, Parity, has announced its final Byzantium release just days before Ethereum is to undergo a hardfork to upgrade its blockchain.

Thus, Parity's release was found to contain "consensus bugs" in the software that would force network nodes, the computers underlying the blockchain, to split onto a different version of the protocol.

As far as Parity is responsible for maintaining the software that runs nearly a quarter of the nodes on the Ethereum blockchain, the delay in releasing code caused panic and even led Ethereum's developer team to consider delaying the fork earlier today, as detailed by

For now, it looks as though the Parity team has rescued the situation – Bzyandtium hardfork is scheduled for block 4,300,000 (about two days from now). Parity developer, Afri Schoedon, argues that although the client's team considered proposing a delay, it would be more complicated due to the work that's already been done in an attempt to execute it.

Pushing a fix for one client implementation is easier than pushing an update containing the delay for all clients, especially if this happens on such a short notice.

Afri Schoedon
Parity developer

According to the team, an announcement  that will include more details about testing and features is forthcoming.

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   106

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208