Share this article
Ethereum Client Removes Graphical Interface in Major Upgrade
Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).
By Nikhilesh De
Updated Sep 13, 2021, 8:11 a.m. Published Jul 18, 2018, 3:15 p.m.
Make us preferred on Google
Parity, the ethereum software client, has announced some major changes, including the stripping away of its graphical user interface (GUI).
In effect, the changes mean that Parity's "wallet" – that is, its repository of private keys – does not now exist for general, non-technical consumers. All "installers and operating-system specific packages" have also been removed.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
According to newly published details for the Parity 2.0 client, the software is being positioned as "expert software for production use and shouldn't be considered end-user software or an 'Ethereum Wallet'."
At the heart of the change is a repositioning of sorts away from serving as a tool for everyday users, placing the emphasis on those that provide infrastructure on the ethereum network, primarily exchanges and miners.
:
"We reflect these strategic changes by completely removing the graphical user interface, the so-called 'Parity Wallet,' from the client. Furthermore, we have removed all installers and operating-system specific packages. In this way, we see Parity Ethereum as a piece of core infrastructure, to be bundled into end-user software packages such as graphical wallets or to be used as a library in mobile apps."
The announcement comes nearly one year to the day that roughly $30 million in ether were stolen as a result of a vulnerability in the Parity software. The bug was related to a specific multi-signature contract, as CoinDesk reported at the time.
Another, more serious code flaw resulted in the freeze of more than 500,000 ETH – an amount worth more than $250 million at press time – last November. According to a post-mortem published afterward, the deletion of a code library that supports Parity's multi-signature wallet sparked the fund lock-up.
Changes aside, those hoping to continue using a Parity-derived wallet can do so, according to the post, though the startup said that it will "only minimally maintain" the user interface that is linked out to on GitHub.
Image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Meta and Microsoft continue going big on AI Spending. Here's how bitcoin miners could benefit
In its fourth quarter earnings report, Meta said capital spending plans for 2026 should be in the range of $115-$135 billion, well ahead of consensus forecasts.
What to know:
- Fourth-quarter earnings results from Microsoft (MSFT) and Meta (META) suggested no slowdown in AI-related spending.
- Microsoft highlighted that AI is now one of its largest businesses and pointed to long-term growth.
- Meta projected sharply higher capital spending in 2026 to fund its Meta Super Intelligence Labs and core business.
Top Stories
