Ethereum vs Parity: What are the differences?

<Write Introduction here>

1. **Consensus Algorithm**: Ethereum uses a proof-of-work consensus algorithm, while Parity uses a proof-of-authority consensus algorithm. In proof-of-work, miners compete to solve complex mathematical puzzles to validate transactions and create new blocks, while in proof-of-authority, validators are chosen based on their reputation and identity.
  
2. **Smart Contracts Language**: Ethereum primarily uses Solidity for writing smart contracts, whereas Parity supports multiple smart contract languages, including Rust and Ink. Solidity is a high-level language specifically designed for Ethereum, while Rust is a more general-purpose language that offers better security and performance features.

3. **Governance Structure**: Ethereum has a decentralized governance structure where decisions are made through rough consensus among stakeholders, while Parity has a more centralized governance model with the Parity team having significant influence. This can affect the speed and flexibility of upgrades and changes to the protocol.

4. **Scalability Solutions**: Ethereum is actively working on implementing scalability solutions such as Ethereum 2.0 with sharding and Proof of Stake, while Parity has implemented various scalability features like substrate framework, which allows building custom blockchains with specific scalability solutions tailored to the use case.

5. **Community Support**: Ethereum has a larger and more diverse community of developers and users, leading to a wider range of applications and projects built on the platform. Parity, on the other hand, has a smaller but dedicated community that focuses on interoperability and compatibility with other blockchains.

6. **Development Focus**: Ethereum is more focused on general-purpose smart contract platform and decentralized applications, while Parity has a focus on enterprise solutions and compatibility with multiple blockchains through its Parity Ethereum client.

In Summary, Ethereum and Parity differ in their consensus algorithms, smart contract languages, governance structures, scalability solutions, community support, and development focuses.