What is ParaState?

Known as Ethereum on steroids, ParaState is a multi-chain smart contract platform bridging the application and developer ecosystem between Ethereum and Polkadot, as well as other high performance Substrate-based blockchains wanting to provide Ethereum compatibility.

While supporting the EVM pallet to provide seamless compatibility with all existing Ethereum applications, ParaState also provides developers with a next-gen smart contract implementation environment, Ethereum-flavored WebAssembly (Ewasm). These two infrastructures are ensured to talk to each other and share the same account system on ParaState.

Using ParaState’s on-chain virtual machine, the WasmEdge-Ewasm pallet, developers of decentralized applications can write smart contracts for the Polkadot multichain using native Ethereum languages (such as Solidity and Fe); as well as more than 20 programming languages.

Got 2 minutes? Check out a video introduction of ParaState.