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This job is closed
This role is with a Calyptus partner.
Our partners work in the blockchain space so please only apply if this is an area of interest.
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Responsibilities
- Lead architecture and implementation of the bond tokenization v1 smart contracts
- Contribute to v2+ NFT AMM and On-Chain ETF smart contracts
- Define and integrate custom on-chain oracles that broadcast event data from internal systems at our organization's traditional finance partners onto the blockchain for consumption by our smart contracts
- Define and integrate custom on-chain DeFi price oracles for consumption by our smart contracts
- Own testing procedures and unit test case creation for your areas of ownership. The security of your contracts is your responsibility
- Monitor engineers, and collaborate with designers, product managers to turn requirements into products
Must haves
- BS in CS or similar technical degree
- 7+ years combined smart contract and backend development experience
- Startup Ownership mentality. At our organization, this means unyielding drive to deliver to customers the best possible product functionality
- Experience in smart contract development using languages such as Solidity or Cairo
- In-depth knowledge and experience with modern languages such as Python, Golang, Java, Scala, or C++
- Strong understanding of and passion for financial markets and experience with trading systems or risk engines
- Unit, integration and E2E test automation (jest, react-testing-library, MSW, Playwright) as inextricable part of the software development lifecycle
- Advanced to native English competency
- Bay Area, starting remote but moving to 3 days in office within 12 months
Nice-to-Haves
- Experience launching and maintaining web3 projects at scale
- Deep knowledge of the cryptocurrency ecosystem (BTC, ETH, etc.) and underlying technologies (blockchain, PoW, PoS, etc.)
- Interest and understanding of L1/L2 blockchain technology and ZK-Rollups
Bonus
- Experiences with applied mathematics in a financial institution, ideally as a quant for a market maker or hedge fund
- Experience with crypto trading systems
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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.