Layer 2 Jobs

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Job Position Company Posted Location Salary Tags

Sperax

Bengaluru, India

$45k - $75k

Offchain Labs

Remote

$40k - $92k

Ankr Network

San Francisco, CA, United States

$45k - $75k

Quant Network Ltd

London, United Kingdom

$72k - $110k

CENNZnet

Remote

$90k - $170k

CR3 Labs

United States

$110k - $160k

CoinDesk & TradeBlock Opportunities

New York, NY, United States

CoinDesk & TradeBlock Opportunities

Remote

$50k - $80k

Synapse International

Remote

$72k - $90k

Energi Core

Bhopal, India

$72k - $80k

Energi Core Limited

Dubai, United Arab Emirates

$72k - $80k

Opyn

New York, NY, United States

$180k - $240k

Ankr Network

San Francisco, CA, United States

$11k - $85k

Obol Technologies Inc

Remote

Cake DeFi

Singapore, Singapore

$36k - $72k

Frontend Engineer Remote

Sperax
$45k - $75k estimated

This job is closed

Founded in late 2019, Sperax is a global technology firm building modern money with blockchain technology. With the Sperax token (SPA) at its core, Sperax is building a yield bearing stablecoin, USDs, that synergizes the best of all widely-adopted stablecoin strategies. In addition to USDs, we are developing a suite of DeFi products which will be integrated with our mobile app, Sperax Play. As a one-click portal for the general masses to elevate their financial well-being through crypto products, Sperax Play will serve as a bridge for the world to access the crypto verse all in one place! 

Sperax has received $7 million in early funding from a suite of investors who envision global impact. Members of our team work and communicate on an international schedule, blending our personal lives with the rich enthusiasm and vigor to grow Sperax. We currently have offices in New York, San Francisco, Michigan, Chicago, Singapore, India, and China, and Sperax is also expanding in Europe.

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. Impact on User Experience: For end-users, Layer 2 solutions can greatly improve the experience by reducing transaction fees and increasing transaction speeds.
  9. 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.