Konstantin Lomashuk
Co-founder
NF
=nil; Foundation
The startup develops a platform that integrates database management and cryptography technologies to enable secure data storage in insecure environments. Its solution facilitates fast and scalable database operations while allowing for safe prototyping of novel cryptographic primitives.
- Blockchain & Cryptocurrency
- Developer Tools
- Software Only
- Web3 & NFTs
Updated 21 months ago
Funding
Raised to date
$22MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Ethereum's scalability limitations hinder the performance and increase transaction costs for decentralized applications (dApps). Monolithic chains struggle to handle increasing transaction volumes, leading to network congestion and high gas fees. This restricts the potential for widespread adoption of blockchain technology.
Solution
=nil; is an Ethereum Layer-2 scaling solution that leverages zkSharding to enable secure and parallel transaction execution across multiple shards. This approach combines the scalability of application-specific chains with the composability of a monolithic chain, allowing for the development of high-throughput dApps. By distributing the workload across shards and utilizing zero-knowledge proofs for security, =nil; reduces transaction fees and increases network capacity while maintaining a unified global state. Developers can use existing Ethereum development tools and languages to build on =nil; and benefit from its enhanced scalability and security features.
Target Audience
The primary target audience includes dApp developers, particularly those building DeFi, gaming, and other high-transaction-volume applications, seeking a scalable and secure Ethereum Layer-2 solution.
Features
- zkSharding architecture for horizontal scaling and parallel transaction processing
- Compatibility with existing Ethereum development tools and languages (e.g., Solidity)
- Support for account abstraction and asynchronous execution
- Local fee market for optimized gas pricing in a sharded environment
- Three-tier security approach with zero-knowledge proofs
- Block explorer, playground, and interactive tutorials for developers
- Client library, CLI, and Hardhat integration for streamlined development