Parity

What is parity?

Parity Definition: Parity, or Parity Ethereum, is an open-source software system that gives individuals the opportunity to run a node on the network. This software program includes protocols that are required to set up and execute messages and transactions, with the ability to implement the virtual machine of the blockchain.

Parity is considered a well-run active project, like Geth, though Parity Ethereum has an excellent reputation for flexibility and high performance. Additional features can be added to the platform based on the client’s needs.

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