Full-Time

Protocol Researcher

Posted on 11/12/2024

Nethermind

Nethermind

201-500 employees

Blockchain solutions for Ethereum network

Cybersecurity
Crypto & Web3

Mid, Senior

Remote in USA

Category
Applied Machine Learning
AI Research
AI & Machine Learning
Required Skills
Blockchain

You match the following Nethermind's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • A strong understanding of distributed protocol design. Particularly, a demonstrable ability to identify the trade-offs faced by protocols when deployed on blockchains.
  • Ability to identify mechanism design problems and propose solutions.
  • Familiarity with Ethereum: how it works and why?
  • Familiarity with various designs of L2s.
  • Ability to express thoughts precisely.
Responsibilities
  • Participate in research on L2 designs, including prover coordination and sequencer design, decentralization, incentivization, levels of finality, L2 governance, PoS vs PoG, and auctioning the right to build a block.
  • Research various flavors of staking: vanilla staking, restaking, liquid staking, and systemic risks they come with.
  • Analyze consensus algorithms, including advantages and disadvantages of known consensus protocols, incentivization of participants, and how finality in consensus algorithms is achieved.
Desired Qualifications
  • Knowledge about cryptography, or
  • Knowledge about game theory.
  • Published work in relevant fields, blog posts and forum posts also count.

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 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 effectively use decentralized technologies while generating revenue through service fees and consulting.

Company Stage

Grant

Total Funding

$535K

Headquarters

London, United Kingdom

Founded

2017

Growth & Insights
Headcount

6 month growth

3%

1 year growth

4%

2 year growth

-2%
Simplify Jobs

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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Benefits

Hybrid Work Options

Remote Work Options

INACTIVE