nethermind

According to The Defiant, SMBC Nikko Securities announced on October 2 that it has signed a memorandum of cooperation to develop a decentralized finance (DeFi) platform called "DeFi Gateway" aimed at Japanese investors.Participants include blockchain development company Nethermind, Uniswap Labs, the general incorporated association Nyx Foundation, and Coinbase Technologies, which operates the Ethereum Layer 2 network Base. The project will develop a liquidity provision protocol and proprietary liquidity pool, complying with Japanese laws and regulations, with plans to complete development by mid-2027.The cooperation mainly focuses on three areas of development: first, creating a "proxy vault" with verifiable and reproducible AI and an intuitive user interface; second, utilizing Uniswap v4's Hooks feature to build a compliant liquidity pool public framework that incorporates anti-money laundering and counter-terrorism financing (AML/CFT) and investor protection mechanisms; third, developing asset management strategies covering digital assets such as stablecoins and real-world assets (RWA).The project is jointly led by SMBC Nikko Securities and Nethermind. SMBC Nikko Securities leads communication with regulatory agencies and provides compliance, risk modeling, and portfolio management expertise; Nethermind is responsible for technical design and development, including AI strategy and integration, smart contract security, as well as automated market making and Uniswap v4 Hooks strategies.

According to CoinDesk, the Ethereum Glamsterdam upgrade has continued to confirm blocks after adopting new block construction rules this week, passing key tests and paving the way for its planned launch on the Sepolia public testnet on October 6. The Nethermind client subsequently completed performance tests involving one of the biggest changes in Glamsterdam, with all 2,302 tests passing, processing 57.07 billion gas in 3 minutes and 15 seconds, averaging about 2.9 billion gas per second.The benchmark measures the speed of the Nethermind execution software rather than the entire network, testing block-level access lists. This mechanism informs Ethereum nodes in advance about which accounts and storage data will be used in the block, allowing nodes to fetch data and check unrelated transactions simultaneously, whereas the current Ethereum mostly processes related work sequentially, limiting the amount of activity each block can accommodate. About an hour after the testnet launch, Glamsterdam raised the block gas limit from 60 million to 200 million, freeing up space for more payments, token swaps, and other activities per block.The 200 million gas limit allows Ethereum to absorb more activity before users start bidding for block space, thereby alleviating fee spikes during transaction surges or when popular tokens are launched. Larger blocks are also harder to verify, which may make it difficult for small-scale operators to keep up. Glamsterdam aims to gain additional capacity without excessively increasing chain operating costs. This upgrade also extends the block data propagation time from about 2 seconds to 9 seconds and plans to incorporate the handover and payment of block construction and verification into Ethereum's own rules, reducing reliance on external relay services.

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.

In two proof-of-concept projects completed by the Ethereum infrastructure team Nethermind and UBS, both parties demonstrated that regulated banks and asset management institutions can achieve strong compliance control on public, permissionless networks without modifying the Ethereum protocol itself.In this project on the Ethereum Sepolia testnet, the team built and validated a node that can impose custom compliance rules on external transactions, as well as a component that routes approved transaction bundles to specific block builders, without involving real fund transactions throughout the process.

ChainCatcher message, according to Marek Moraczyński, head of the Ethereum client Nethermind, who posted on the X platform, over 80% of the disk space of Ethereum full nodes is occupied by historical records. Therefore, there is no need for data to validate new blocks. In the new version 1.3.1, Nethermind is ready to delete pre-merge historical records through ERA files, and all teams have agreed to carry out the relevant operations on May 1. If all blocks and all receipts are deleted and only the data required to validate the latest block is retained, the capacity of full nodes will be less than 200 GB.

ChainCatcher news, Shutter Network has collaborated with blockchain infrastructure providers Chainbound, MEV Blocker, Gnosis, and Nethermind to announce a feasible roadmap today, planning to introduce the first encrypted transaction pool on Ethereum to bring privacy and fairness to the network.The proposal outlines a clear path that will change the way transactions are processed, ensuring that all transactions are treated fairly while maintaining the core principles of verifiability and decentralization of the Ethereum network.The encrypted transaction pool proposed by Shutter Network allows transactions to remain private before they are formally processed.Shutter Network's proposal outlines three phases to introduce the encrypted transaction pool to Ethereum:Integration with existing infrastructure to allow users to use encrypted transactionsEnhancing protective measures through improved block buildingFull integration into the Ethereum core protocolHeiko Franßen, the core contributor of Shutter Network and CEO of brainbot, stated, "Current transactions are visible to everyone before execution, which makes unfair trading possible. We are creating a system that ensures transactions are only made public at the right moment, providing a fair competitive environment for all network users."

ChainCatcher message, Swell posted on platform X that rswETH V2 is currently being audited by Sigma Prime and Nethermind.This upgrade will bring the following features:Withdrawals to facilitate TGE and subsequent stability;Re-staking LST, including swETH;Secure delegation to AVS.

ChainCatcher news, according to official sources, the Ethereum client Nethermind will launch the Starknet Grants program, with a grant pool of 1 million dollars, which will be used to support applications and products on Starknet.It is reported that Nethermind will provide developers with grants ranging from 50,000 to 250,000 dollars to promote the development of the Starknet ecosystem with user-oriented innovative products.

ChainCatcher news, according to The Block, Coinbase's cloud services division has added Nethermind and Erigon to its Ethereum staking infrastructure, aiming to increase the diversity of execution layer clients and reduce reliance on Geth.It is reported that this initiative aims to reduce dependence on the widely used Geth execution layer client by strategically diversifying validators across various clients. The deployment plan for the Nethermind client is set to begin this week.

ChainCatcher news, Ethereum client Nethermind announced on social media that Nethermind client v1.25.4 is now live, compatible with the Cancun upgrade on the Ethereum mainnet and Gnosis Chain.It is reported that the Cancun upgrade on Gnosis Chain will take place on March 11, and the Cancun upgrade on the Ethereum mainnet will occur on March 13.

ChainCatcher news, according to Lookonchain monitoring, as of now, Nethermind has sold a total of 3.41 million STRK, approximately 6.74 million dollars.Currently, Nethermind still holds 6.74 million STRK (approximately 12.33 million dollars).

ChainCatcher news, according to Lookonchain monitoring, the Ethereum research and engineering company Nethermind sold 954,100 STRK in exchange for 2.3 million USDC, with an average selling price of 2.41 USDT.

ChainCatcher news, according to official information, Nethermind's Starknet RPC has now launched open endpoints, available for free use without an API key.

ChainCatcher message, Ethereum core developer and Geth client developer Péter Szilágyi stated on social media that the Ethereum clients Nethermind and Besu stopping the storage of Ethereum historical data and hoping to standardize this behavior without violating the protocol is irresponsible.Allowing users not to store historical chains is a very dishonest marketing tactic; users switch to the X client because it is smaller; they can still access old data because Geth provides it; users are completely unaware of this with the Geth developers. They could collaborate on EIP-4844 to first help archive historical blocks, and then all clients could delete them at once, but the market share would not change.Péter Szilágyi expressed a desire to exit Ethereum, saying, "Since even the core developers are maximizing their interests relative to other developers, why bother trying to make it better? I am deeply disappointed in everyone involved."

ChainCatcher news, Ethereum research and engineering company Nethermind has launched Nethermind client v1.20.4, which will support Holesky. The specific planned launch time is September 28 at 12:00 UTC, with Epoch 1695902400. Due to the previous unsuccessful initial launch of the Holesky network, EF DevOps and the client team have reached a consensus to restart it a week later.Previous news, the Ethereum Holesky testnet failed to launch due to a major issue caused by network configuration errors, and developers plan to restart it soon.

ChainCatcher news, according to official sources, the Ethereum client Nethermind has released version v1.20.2 and is preparing for the upcoming Holesky testnet.Nethermind mentioned that the Holesky testnet will replace Goerli and will launch on September 15th at 22:00 Beijing time.

ChainCatcher news, according to The Block, the restaking platform EigenLayer has established a partnership with blockchain tools and infrastructure developer Nethermind.It is reported that the collaboration aims to drive permissionless innovation within the blockchain ecosystem by combining their respective Ethereum infrastructure and restaking capabilities. (Source link)

ChainCatcher news, according to official sources, the DeFi collateral protocol PWN has announced the completion of over $2 million in funding, with participation from StarkWare, Nethermind, Safe Ecosystem Foundation, Digital Finance Group, Jsquare, and several angel investors including Patricio Worthalter (POAP), Christoph Jentzsch (founder of Slock.it), Danny Ryan, Tim Beiko (Ethereum Foundation), Alex Van de Sande (ENS delegate), and Lefteris Karapetsas (founder of Rotki).It is reported that PWN allows users to use NFTs or any tokens as collateral to invest in fixed interest loans and generate returns; PWN DAO is responsible for overseeing the operation of the PWN protocol and related tools developed by the team (such as PWN Safe or token bundler). (source link)

ChainCatcher news, according to official information, a new withdrawal developer website (withdrawal-devnet-3) developed by the Ethereum client Nethermind has been launched. The new website has made slight changes to the withdrawal format based on the discussions from the previous core developer meeting, changing the field amount in the withdrawal format from wei to gwei. (source link)