Ethereum layer 2 scaling solution
Open for applications
Ethereum layer 2 scaling solution
21-100 employees
Open for applications
21-100 employees
Offchain Labs' mission is to make Blockchain better.
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Offchain Labs' mission is to make Blockchain better.
Few candidates hear
back within 2 weeks
82% employee growth in 12 months
The Ethereum blockchain has seen a surge in activity over the past year or so - but, much to users' frustration, its transaction volume has failed to scale accordingly, leading to hefty gas fees and slow transaction times. Offchain Labs is one of a few players developing Layer 2 rollup solutions, and its Arbitrum rollup has gathered substantial momentum and support in a relatively short time.
Offchain Labs’ Arbitrum claims to offer all the benefits of a rollup - less costly, more efficient - without compromising on security. It is, at the time of writing, the only scaling solution for Ethereum that has working fraud proofs, and at the end of 2021 was dominating the layer 2 rollup market share.
This kind of high profile and superior efficacy determines a successful blockchain technology. With Offchain Labs’ leadership pedigree, it’s no surprise the company is leading rollup innovation efforts. This sector, however, moves at lightning speed—and the competing ZK rollups are by no means out of the picture just yet.
Steph
Company Specialist at Welcome to the Jungle
Aug 2021
$120m
SERIES B
Apr 2021
$20m
SERIES A
This company has top investors
Steven Goldfeder
(CEO & Co-Founder)A Princeton PhD graduate in Computer Science, who also worked as a postdoctoral researcher at Cornell Tech.
Ed Felten
(Chief Scientist & Co-Founder)A retired Princeton professor of Comp Sci & Public Affairs, who formerly worked as Deputy United States CTO at the White House.
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