| Job Position | Company | Posted | Location | Salary | Tags |
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Monad | New York, NY, United States | $72k - $75k | |||
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Gelato | Zug, Switzerland | $87k - $115k | |||
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This job is closed
Monad Labs is a venture-backed startup building the Monad blockchain, a high-performance smart contract platform built to bring world adoption to decentralized apps. Monad delivers 1000x the throughput of Ethereum—10,000 transactions per second—while maintaining backward-compatibility for Ethereum smart contracts, offering users and developers the best of both worlds.
Founded by Jump Trading alums, our team solves challenging problems in distributed systems engineering and low-latency optimization, authoring novel open source code to implement a new, high-performance, high-reliability, high-value system.
After raising a $19 million seed round backed by Dragonfly Capital, Placeholder Capital, Naval Ravikant, and other leaders in the crypto space, we are hiring a few more exceptional engineers who want to work on challenging and impactful problems in a fast-paced environment.
The Role
Monad Labs is looking for a Senior Software Engineer to join the core engineering team to focus on components that integrate the blockchain with the outside world, such as JSON-RPC, indexers, wallets, bridges, storage, analytics platforms, and applications. You’ll leverage existing experience with blockchain engineering to build systems that are intuitive and highly performant. You will be part of a small, high-functioning team in a fast-paced startup environment.
Who You Are
- You have at least 4 years of software engineering experience
- You have prior experience in blockchain engineering at a Layer-1, Layer-2, or Infrastructure (Oracle, Bridge, Indexer, RPC Provider, Wallet, or other high-performance app) project
- You have backend engineering experience in low-level languages such as C, C++, or Rust
- You have built something significant from scratch
- You are a great communicator who is willing to participate in technical discussions, reviews, and documentation
- You value the following qualities that define Monad’s Engineering team
- Ability to DO things. When it comes to problem-solving, we value practicality and common sense.
- Strong design skills (e.g. higher-level thinking about how system design, appropriate abstractions, maintainability, to name a few, work)
- Excellence in whatever you have worked on before
- Rigorous development mindset
Why work with us
-
- You’ll work on extremely challenging problems with massive impact
- You’ll work with and learn from a small, exceptional team (bios here: https://monad.xyz/team)
- You’ll receive a competitive salary and competitive total compensation package.
- You’ll shape the culture as an early employee and make impactful contributions from day one
- You’ll be part of a flat, results-driven organization
- Your work will be deeply impactful
Salary and benefits
Minimum full-time salary of $200,000. (**This is not a guarantee of compensation or salary; a final offer amount may vary based on factors including but not limited to experience and geographic location.)
Monad Labs’ benefits include unlimited and encouraged paid time off; insurance coverage; home office equipment stipend; monthly wellness/fitness stipend; and 10 company-observed holidays.
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.