2022 has been an excellent year for SafeStake and the ParaState community in general. We kicked off the year with a bang with our public offering of the STATE token ($STATE) on Republic and we couldn’t ask for better acceptance by the community. To take advantage of the market opportunities presented by staking in the…

(and a predicted view of what’s to come) On September 15, 2022, one of the most transcendental events in the history of cryptocurrency and the Blockchain industry in general happened: the Ethereum Merge. An understatement, Vitalik Buterin, Ethereum creator, announced in a tweet on his personal account, “And we finalized! Happy merge all. This is…

Read on to find out more about this update. The long-awaited Shanghai hard fork on the Ethereum network will happen in March 2023. The decision was approved just before the new year by the core team of developers, and will allow stakers to withdraw ETH locked in the Beacon Chain staking contract. What new things…

In this post, we will talk about some of the latest news in the Ethereum network, specifically that Vitalik Buterin has added a new milestone to the roadmap called ‘The Scourge.’ The updated Ethereum roadmap As you can see, The Scourge will happen ahead of the previously planned milestones — The Verge, The Purge, and The Splurge.…

(4 Dec 22) If you missed our last AMA session with ParaState Core Team Members Dmytro and Chris, this article will bring you up-to-speed. Get the latest news and info about SafeStake and the GalileoTestnet, the new reward system, DVT technology and more! We kicked off our Twitter Space with Chris explaining the current status of…

At ParaState, security is our top priority. The process of staking ETH is complicated, and it has been challenging to develop a configuration that is both easy to use and non-custodial to minimize risks for stakers. To provide complete transparency about the security we have built into SafeStake, we are sharing CertiK’s report on the…

What does the future hold for Ethereum? Crypto is becoming more and more popular, but with some unfortunate happenings with some big names in the industry recently, the market is changing again, and regulatory agencies are really starting to pay attention. In August of this year, shortly before Ethereum’s “Merge” that converted it from Proof-of-Work…

To initialize and securely generate public and private keys, a Distributed Key Generation (DKG) protocol is an essential component of threshold cryptosystems. This protocol is based on Shamir’s Secret Sharing (SSS) concept, which is a key distribution algorithm that divides a secret into sections known as shares. Unfortunately, the SSS concept, in and of itself,…

How SafeStake can help defend Ethereum against censorship. Part I of our two-part series armed you with the knowledge necessary to understand how MEV works and contributes to censorship on Ethereum. Here in Part II, we’ll take a deeper look into some of the points in the Ethereum PoS infrastructure that present points of failure,…

How MEV contributes to Ethereum Censorship Red flags were raised for the entire crypto world and especially the Ethereum community this past August when Tornado Cash was sanctioned by the U.S. Treasury. However, the alarm bells really went off when a large number of transactions were delayed for Tornado Cash users by Flashbots, one of…