ParaState is what it is. ParaState wants to bridge the application and developer community between Polkadot and Ethereum for Substrate-basedBlockchains, such as Polkadot parachains and other chains that want to provide compatibilities. ParaState supports the EVM pallet to provide seamless compatibility with all existing applications, and also provides developers with a next-gen smart contract implementation environment, eWASM, to make any smart contract. Both infrastructures have the same account system on ParaState. The public testnet, Plato, is currently running as a SubstrateBlockchain. Polkadot is faster, safer, and more developer friendly. That is where ParaState comes in. We're optimistic about the future of ParaState, and here are a few reasons why. ParaState will be used to write dApps on Substrate Polkadot, which is appealing to a huge development community. established projects can benefit from backward compatibility with existing applications on Polkadot's platform. ParaState is a recipient of the Web3 Foundation grant and was one of the 21 projects that were selected for the Berkeley blockchain cohort. The Polkadot Substrate ecosystem will be future-proofed by bringing the support of the Ethereum protocol.
There is a video about the ParaState-Ethereum Gateway. Follow ParaState on Telegram, Telegram.com, and Telegram.com.
