Parity doesn't know the ETA of $164M issue fix

According to new statement of well known Ethereum Multi-Sig Wallet, "there is no timeline" for proposal that can defroze users' funds
16 November 2017   1582

The team of well known Ethereum wallet released new statement, reegarding the frozen funds. It is worth noting that frozen funds are estimated for $164M.

Parity is working on several proposals to improve the Ethereum platform (EIP), which could unlock the funds. But so far no time can be called for when such a proposal for improvement can be implemented.

We deeply regret the situation and we are working hard on several Ethereum improvement proposals(EIPs), both contributing to previously existing ones and suggesting new ones that have the potential to unblock funds. These improvement proposals will also address general cases of blocked funds.
There is no timeline for when such an improvement proposal could be implemented; we will follow the will of the community and go through the regular EIP process like any other protocol improvement. Parity Technologies will handle much of the development work around these proposals and work constructively with the Ethereum Foundation team and the community towards further protocol layer development. We are committed to the continued development of Ethereum.
 

Parity Team

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.

Among the victims there were 16 major ICO: Polkadot, ICONOMI, Musiconomi, Moeda, Centrality and others.

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   968

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.