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Nethermind | London, United Kingdom |
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Nethermind
This job is closed
Are you the one?
Products are hard, and working with users and understanding their needs is hard. As a Product Owner, you will play a pivotal role in driving the development and success of Nethermind’s products. You will be responsible for defining the product feature roadmaps, prioritizing features, and collaborating with cross-functional teams to deliver high-quality solutions that meet customer needs and business objectives.
Responsibilities:
- Collaborate with Product Managers to convert the product vision and strategies into feature roadmaps.
- Prioritize the product roadmap based on market trends, community feedback, and ecosystem goals.
- Elicit, document, and prioritize product requirements in collaboration with stakeholders.
- Create and maintain user stories, acceptance criteria, and other relevant documentation.
- Collaborate with internal and external stakeholders, including development teams, UX/UI designers, marketing, and customer support, to ensure a shared understanding of product goals and priorities.
- Collaborate with quality assurance teams to define testing strategies and ensure the delivery of high-quality products.
- Participate in user acceptance testing and gather feedback for continuous improvement.
- Stay informed about industry trends, competitor products, and emerging technologies.
- Use market insights to identify opportunities for product improvement and innovation.
- Promote the product in relevant marketing channels. Attending conferences and domain-related events to connect with users and gather feedback.
Skills:
- Excellent communication skills, ability to communicate fluently in English
- Ability to understand the technical matter is the domain of the product
- Strong analytical, design, and reporting skills
- Leadership skills - ability to work effectively with multiple stakeholders, clients, users, etc.
- Creativity and Inventiveness
- Good project management skills
Nice to have:
- Track record of software or service product development
- Understanding of Ethereum, blockchains, Layer 2’s.
What is the meaning of Layer 2?
Layer 2 in the context of cryptocurrency and blockchain technology refers to a secondary framework or protocol that is built on top of an existing blockchain system (the main chain or Layer 1)
The primary purpose of Layer 2 solutions is to solve the scalability and speed issues that many blockchains face, especially those that have become popular and heavily used, like Ethereum
Here are the key aspects of Layer 2 solutions:
- Scalability Enhancement: They help in scaling the main blockchain by handling transactions off the main chain. This reduces the burden on the main chain, allowing for faster and cheaper transactions.
- Types of Layer 2 Solutions: There are various forms of Layer 2 solutions, including state channels, sidechains, plasma chains, and rollups. Each has its own mechanism for interacting with the main chain and handling transactions.
- State Channels: These involve two parties engaging in numerous transactions outside of the main chain, which are then consolidated into a single transaction. This is especially useful for situations where multiple transactions occur between the same parties.
- Sidechains: These are separate blockchains that are connected to the main chain via a two-way peg. They operate independently and can have their own consensus mechanisms but are secured by the main chain.
- Plasma Chains: Plasma chains are similar to sidechains but with a more hierarchical structure. They report back to the main chain regularly and are optimized for mass transaction handling.
- Rollups: Rollups process and store transaction data on a sidechain but post transaction data to the main chain. They come in two varieties: optimistic rollups and zk-rollups, each with its own method of transaction verification.
- Security Considerations: While Layer 2 solutions are generally secure, they can have different security models compared to the main chain. This is an important consideration for users and developers.
- Impact on User Experience: For end-users, Layer 2 solutions can greatly improve the experience by reducing transaction fees and increasing transaction speeds.
- Adoption and Development: Many blockchain projects are actively developing Layer 2 solutions to enhance their networks. This is an ongoing area of innovation in the blockchain space.