Parity Ethereum Client v2.0 to be Released

Developers have created Parity Ethereum exclusively for mining pools, exchanges and other infrastructure nodes
19 July 2018   1293

Parity Technologies has introduced a new version of the full node software for the Ethereum network called Parity Ethereum v2.0.0.

This major release comes with some notable changes. First and most importantly, Parity Ethereum is built to serve as expert software for production use and shouldn’t be considered end-user software or an “Ethereum Wallet.” It is meant for mission-critical use in mining pools, exchanges, or any other type of infrastructure or service provider.
 

Parity Team

The Parity Ethereum client is able to interact with various consensus mechanisms, provides the choice between the Ethereum virtual machine (EVM) and the WebAssembly virtual machine (WasmVM), and it supports private transactions and the creation of special lists of nodes to restrict access to certain contracts.

Moreover, users should not perceive the new version of the software as a product for the end-user or Ethereum-purse, as the developers have created Parity Ethereum exclusively for mining pools, exchanges and other infrastructure nodes. This version is specialized.

The client also lacks a graphical user interface, known as the Parity wallet.

Parity to Fix Serious Vulnerability

An error that could shut down the computers with ETH nodes was reported by the vice president of blockchain development at Amberdata
30 August 2019   463

Parity Technologies released a new version of the client that fixed a bug that could shut down computers running Ethereum nodes.

The first to discover the vulnerability and report it to Parity was Scott Bigelow, vice president of blockchain development at Amberdata analytic startup. According to him, only a small part of Parity's customers are at risk.

There was a vulnerability that [if exploited] would cause an immediate crash of the Parity client for all its services. There is no possibility to steal funds or do other malicious things but you could shut down some portion of ethereum nodes.
 

Scott Bigelow

Vice president of blockchain development,  Amberdata

Parity Technologies encouraged users to upgrade their clients to the latest version as soon as possible, especially those where the publicly available RPC and transaction history tracking module are activated.

Remote Procedure Call (RPC) is a protocol that allows you to request program data on third-party servers. In the blockchain industry, it is used to obtain information on balances at addresses, block numbers, and other information.

To date, the Parity client uses about 21% of nodes in the Ethereum network (3257, according to EtherNodes).