Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » Parity presented a set of tools for creating blockchain solutions Substrate 1.0

    Parity presented a set of tools for creating blockchain solutions Substrate 1.0

    0
    By BlockchainJournal on December 20, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Ethereum startup Parity Technologies has launched a beta version of the Substrate tool that allows you to create customized blockchains for decentralized applications. This is reported in the company's blog .

    According to the developers, the open source Substrate technology is “as versatile and flexible as possible when creating blockchain solutions. The service API allows users to create their own consensus mechanisms, or use existing ones.

    Written in the Rust programming language, the Substrate tool is integrated with the Polkadot interoperability protocol developed by Parity.

    “When creating the Substrate, we took into account all the lessons we learned while creating Ethereum and Polkadot ,” said Parity founder Gevin Wood.

    Substrate is currently licensed under the GPLv3. However, the Parity team plans to transfer this solution to an Apache 2.0 license for “maximum development freedom.” Subsequently, we are confident in the company, the decision will be taken by major players in the corporate sector.

    “With Substrate, you do not need to know everything, and there is no need to create a completely new blockchain. It is only necessary to do what is necessary in order to obtain a chain that corresponds to the specific parameters you specified, with properties that allow solving specific problems , ”added Wood.

    Recall that in the fall Parity Technologies integrated an early version of the Casper PoS update for Ethereum into the Substrate blockchain platform.

    Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    blockchain ethereum Fall Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Strategy shields dividends with 1.44 billion and cuts projections following Bitcoin drop

    December 1, 20253 Mins Read

    Gleec acquires Komodo DeFi infrastructure for 23.5 million boosting atomic swaps

    December 1, 20252 Mins Read

    Crypto market loses 640 million following historic rise in Japanese government bonds

    December 1, 20252 Mins Read

    Crypto funds capture 1.07 billion driven by Fed rate cut expectations

    December 1, 20252 Mins Read

    Zcash drops 21% risking its uptrend at key $348 support level

    December 1, 20253 Mins Read

    Yearn Finance loses 3 million in ETH following critical attack on yETH pool

    December 1, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.