Overview
Nethermind is a blockchain research and engineering firm whose origins lie in an Ethereum execution client of the same name. The company states that the project was bootstrapped in 2017 and that it now has more than 200 team members in over 66 countries.[1] By its own figures the Nethermind Client runs on about 30% of the Ethereum network, and its core team also built Gnosis Chain.[1] Beyond client software, the firm sells protocol engineering for Ethereum and other networks, infrastructure operations, research and institutional software, and reports having carried out more than 400 security audits of smart contracts, protocols and infrastructure, including formal verification work.[1] Its client base is weighted towards protocol teams and institutions rather than companies seeking a first decentralised application.
Nethermind strengths and limitations
Strengths
- Maintains a production Ethereum execution client, so its engineers work on the base layer itself
- Combines engineering, formal verification and audit work under one firm
Limitations
- Oriented to protocol-level and institutional work; less suited to small application builds
- Network-share and audit figures are self-reported
Appears in
Nethermind alternatives and competitors
Alternatives to Nethermind: companies ranked in the same lists.
Is this your company?
Update the description, logo, image and link through the submission form. Editors review every change.