Parity-Ethereum: Powering the Decentralized Web
A brief introduction to the project:
Parity-Ethereum, now renamed as OpenEthereum by the OpenEthereum team, is an exciting open-source project hosted on GitHub that focuses on spearheading the blockchain revolution. It serves as a fast, secure, and light Ethereum client based on the highly acclaimed N-parity chain technology.
Project Overview:
Parity-Ethereum aims to enable businesses and organizations to capitalize on the potential of blockchain technology, particularly Ethereum. It addresses the need for a reliable, secure, and lightweight client that can efficiently handle the demands of decentralized applications (dApps) and enterprise blockchain solutions. Being an Ethereum client, the primary users are Ethereum developers, organizations exploring Ethereum-based solutions, and blockchain enthusiasts.
Project Features:
Parity-Ethereum becomes the go-to Ethereum client due to its unique features. It offers a modular, flexible design that enables diverse use-cases, from small local networks to global consensus networks. It ensures peak performance through its Rust-based build, making it not just fast but also secure and reliable. Parity-Ethereum also offers native support for diverse platforms, a customizable JSON-RPC, and the highest level compatibility with Ethereum networks for seamless operations.
Technology Stack:
The Parity-Ethereum project primarily uses Rust, a programming language that prides itself on safety, concurrency, and speed. Rust is a suitable choice for systems programming, providing a powerful lower-level control than other languages. It also offers foreign function interface (FFI) compatibility with C libraries, allowing for the project's native compatibility with different platforms. Notable tools include WebAssembly, used for developing high-performance web applications, and JSON-RPC for a light, data interchange format.
Project Structure and Architecture:
In Parity-Ethereum, the architecture components interact in a defined sequence to provide a secure, robust and scalable blockchain client. The main components include the Ethereum core that manages states and transactions, mining for block generation, client services for providing APIs, the host that controls network connections, and the database that securely stores the block data.
