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   734

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.

Ethereum Services to be Under New Thread

At the moment, the vulnerability has already been fixed, hackers did not have time to use it
05 February 2019   290

Specialists from the blockchain-startup Parity Technologies have discovered a vulnerability in the JSONRPC protocol that threatens the security of the entire Ethereum ecosystem. In particular, MyEtherWallet, MyCrypto and Infura services are under threat of hacking.

At the moment, the problem has already been fixed, the attackers did not have time to use it.

The developers of Parity Technologies recommended that users update the nodes to the new software version in order to reduce the risk of losing access to decentralized applications.

Recall that in January, due to the critical vulnerability in improving the EIP-1283, which allows hackers to steal user funds, the hardfork network was postponed indefinitely
Ethereum Constantinople.