Nethermind

Nethermind

Blockchain solutions for Ethereum network

About Nethermind

Simplify's Rating
Why Nethermind is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

Crypto & Web3

Company Size

201-500

Company Stage

Grant

Total Funding

$535K

Headquarters

London, United Kingdom

Founded

2017

Overview

Nethermind focuses on blockchain solutions, particularly for the Ethereum network, offering services like a customizable Ethereum client, smart contract development, and security audits. They also research Layer 2 scaling solutions to improve transaction speed and develop Maximal Extractable Value (MEV) solutions for fair transaction processing. Their unique offerings include open-source tools like Warp for deploying smart contracts on StarkNet and the Voyager block explorer for interacting with StarkNet. The goal is to empower developers and enterprises to leverage decentralized technologies effectively.

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Simplify's Take

What believers are saying

  • Increased interest in Ethereum Layer 2 solutions boosts demand for Nethermind's tools.
  • Partnership with EigenLayer enhances Nethermind's influence in the Ethereum ecosystem.
  • zkSync Era Remix Plugin development attracts more developers to Nethermind's platform.

What critics are saying

  • Competition from Ethereum client developers like Geth and Besu may impact market share.
  • Rapid blockchain evolution requires Nethermind to continuously innovate and adapt.
  • Potential security vulnerabilities in Warp transpiler could expose clients to risks.

What makes Nethermind unique

  • Nethermind offers a high-performance Ethereum client, enhancing blockchain interaction efficiency.
  • Their Warp transpiler aids developers in deploying smart contracts on StarkNet.
  • Nethermind's security audits ensure blockchain applications are secure and free from vulnerabilities.

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Funding

Total Funding

$535k

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 7%

2 year growth

↓ -2%
Gamma Fund
Nov 11th, 2024
Altcoins and Blockchain News

Nethermind, an Ethereum ecosystem developer, has introduced the Ethereum L2 network Surge Rollup, designed as an ultra Rollup for developers, builders, and autonomous agents to push Ethereum's limits.

Kriptokoin
May 9th, 2024
CHZ Coin and Four Crypto Partnerships Attracted Attention!

Finally, Ethereum ecosystem developer Nethermind collaborated with Near and Eigen Labs to develop blockchain abstraction through the NFFL project.

CryptoSlate
Mar 20th, 2024
StarkNet STRK token sees 10% surge following ambitious 2024 roadmap reveal

In addition to transaction parallelization, StarkNet will collaborate with Nethermind to integrate Cairo natively into its system by the third quarter.

ETH Daily
Jan 15th, 2024
Taiko Deploys Katla Alpha 6 Testnet

Matter Labs, in collaboration with Nethermind, launched the zkSync Era Remix Plugin, designed to optimize zkSync smart contract development using Remix.

CMN News
Nov 28th, 2023
Nethermind and Flashbots Offer Rollup-Based Alternative PBS

An 'Alternate PBS' based on Rollups has been offered at the Flashbots forum by Nethermind, an Ethereum research and engineering company working with Flashbots.

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