by Michael Yuan

ParaState: Evolving Ethereum on Polkadot

The Ethereum protocol is the dominant protocol for DeFi (Decentralized Finance) and Dapp (Decentralized Apps) today. Almost all blockchain-based Dapp software and a large portion of programmable digital assets run on the Ethereum Virtual Machine (EVM). However, originally designed and developed by a loose group of inexperienced software developers, including a young Dr. Gavin Wood, the EVM is also a simplistic, rigid, and slow code execution sandbox. …

ParaState

ParaState is a Polkadot parachain that extends the frontier of Ethereum with Substrate framework. Providing Dapps L1 security without sacrificing composability.

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