Ethereum, the second leading cryptocurrency, has long been crypto enthusiasts’ darling in terms of the value it has been bringing to the industry. However, with time and growing interest, the coin’s network showed flaws, including huge overloads, high transaction fees and speed issues.
Cointelegraph talked to Marco Chen, co-founder of Parastate and member of Rust Foundation, about why Ethereum (ETH) compatible smart contracts are the new black for blockchain developers.
1. What’s the story behind ParaState?
We’ve asked ourselves numerous times before starting ParaSate, “Crypto space is a fast-changing world, but what changes might be brought in the long term to improve it?” The virtual machine infra seemed to be the obvious answer.
After
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