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| Job Position | Company | Posted | Location | Salary | Tags |
|---|---|---|---|---|---|
Obol | New York, NY, United States |
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Obol | New York, NY, United States |
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Status | Remote | $90k - $110k | |||
Obol | Lisbon, Portugal |
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| Learn job-ready web3 skills on your schedule with 1-on-1 support & get a job, or your money back. | | by Metana Bootcamp Info | |||
Obol | Lisbon, Portugal |
| |||
OKX | San Jose, CA, United States | $144k - $216k | |||
Offchain Labs | Remote | $67k - $75k | |||
Status | Remote | $36k - $90k | |||
Base | Remote | $175k - $206k | |||
DApp360 Workforce | Miami, FL, United States | $84k - $110k | |||
Obol | New York, NY, United States |
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Obol | Lisbon, Portugal |
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Monad Labs | New York, NY, United States | $150k - $200k | |||
Monad | New York, NY, United States | $125k - $200k | |||
Monad | New York, NY, United States | $125k - $150k |
Obol
This job is closed
Senior Back End Engineer - API
Berlin, Germany /
Engineering /
Full Time
/ Remote
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Who Are We?
Obol Labs is a remote-first research and software development team focused on Proof of Stake infrastructure for public blockchain networks. Specific topics of focus are Internet Bonds, Distributed Validator Technology, and Multi-Operator Validation. The core team includes +25 members spread across +14countries.
The core team is building the Obol Network, a protocol to foster trust-minimized staking through multi-operator validation. This will enable low-trust access to Ethereum staking yield, which can be used as a core building block in various Web3 products.
The Network
The network can be best visualized as a work layer that sits directly on top of the base layer consensus. This work layer is designed to provide the base layer with more resiliency and decentralization as it scales. In this chapter of Ethereum, we will move on to the next great scaling challenge, which is stake centralization. Layers like Obol are critical to the long-term viability and resiliency of public networks, especially networks like Ethereum.
Obol as a layer is focused on scaling main chain staking by providing permissionless access to Distributed Validators. The network utilizes a middleware implementation of Distributed Validator Technology (DVT), to enable the operation of distributed validator clusters that can preserve validators' current client and remote signing configurations.
Similar to how roll-up technology laid the foundation for L2 scaling implementations, we believe DVT will do the same for scaling the consensus layer while preserving decentralization. Staking infrastructure is entering its protocol phase of evolution, which must include trust-minimized staking networks that can be plugged into at scale. We believe DVT will evolve into a widely used primitive and will ensure the security, resiliency, and decentralization of public networks.
The Obol Network develops and maintains four core public goods that will eventually work together through circular economics:
The DV Launchpad, a User Interface for bootstrapping and managing Distributed Validators
Charon, a middleware Golang client that enables validators to run in a fault-tolerant, distributed manner
Obol Managers, a set of solidity libraries for the formation of Distributed Validators tailored to different use cases such as DeFi, Liquid Staking, and Fractionalized Deposits
Obol Testnets, a set of ongoing public incentivized testnets that enable any sized operator to test their deployment before serving for the Ethereum Main net
Sustainable Public Goods
Obol is inspired by previous work on Ethereum public goods and experimenting with circular economics. We believe that to unlock innovation in staking use cases, a credibly neutral layer must exist for innovation to flow and evolve vertically. Without this layer, highly available uptime will continue to be a moat.
The Obol Network will become an open, community-governed, self-sustaining project over the coming months and years. Together we will incentivize, build, and maintain distributed validator technology that makes public networks a more secure and resilient foundation to build on top of.
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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.