Before the year was over he was dedicated full-time to Ethcore, the company he had cofounded with Jutta Steiner, who had worked on Ethereum’s security audits. He took Aeron and most of the C++ developers with him and created a whole new Ethereum client on the more cutting-edge Rust language. They called the client Parity and later the company adopted that same name (Parity Technologies), scrapping Ethcore. By April 2016 the new venture had secured $750,000 in a traditional equity funding round led by Silicon Valley–based Blockchain Capital and Shanghai-based Fenbushi Capital. His old friend
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