Succinct

Senior Cryptography Engineer

Remote

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
AI & Machine Learning, Crypto & Web3, Cybersecurity, Quantitative FinanceIndustries

Requirements

Candidates should have prior experience developing ZK proving systems and/or zkVMs. A very strong mathematical and cryptography background with deep knowledge of different proof system families, especially STARKs/FRI, is required. Basic familiarity with Rust or another programming language used in the implementation of new ZK proving systems is necessary. Candidates should possess an ownership mindset along with strong communication and collaboration skills.

Responsibilities

The Senior Cryptography Engineer will identify and improve any performance bottlenecks in SP1 at the software or proof system level. They will design new algorithms and arguments at the proof system level that enhance performance. Keeping up to date with the latest advances in proof systems, they will read and analyze research papers while considering their tradeoffs with SP1. The role involves spending time both reading the latest research and producing new research, as well as coding and prototyping ideas alongside the ZK team.

Skills

ZK Proving Systems
zkVMs
STARKs
FRI
Cryptography
Rust
Algorithm Design
Performance Optimization

Succinct

Enhances blockchain interoperability and efficiency

About Succinct

Succinct.xyz focuses on improving blockchain technology, particularly in interoperability and efficiency. The company develops tools and protocols that enhance the performance of blockchain networks. One of their main products is a verifiable proof of Bitcoin block headers, which allows users to verify blockchain data without downloading the entire blockchain, speeding up the process. Another key offering is "Telepathy," a decentralized zkSNARK interoperability protocol for Ethereum, enabling secure communication between different blockchain networks. Additionally, they provide a gas-efficient on-chain light client for Ethereum's Proof of Stake system, which reduces the resources needed for transaction verification. Succinct.xyz differentiates itself by offering advanced solutions that help clients achieve better efficiency and interoperability in their blockchain operations, aiming to support developers, enthusiasts, and enterprises in the blockchain space.

Key Metrics

San Francisco, CaliforniaHeadquarters
2022Year Founded
$53.5MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Crypto & Web3Industries
11-50Employees

Risks

Competition from Polkadot and Cosmos may impact Succinct's market share.
Rapid zkSNARK technology evolution could render current offerings obsolete without innovation.
Regulatory scrutiny on cross-chain transactions may pose compliance challenges for Succinct.

Differentiation

Succinct offers the first decentralized zkSNARK interoperability protocol for Ethereum, enhancing security.
Their verifiable proof of Bitcoin block headers improves light node syncing efficiency.
Succinct's gas-efficient on-chain light client reduces computational resources for Ethereum's PoS system.

Upsides

Partnership with Mantle Network positions Succinct as a leader in ZK validity rollup technology.
Collaboration with OP Labs advances Ethereum's layer-2 solutions, enhancing Succinct's market position.
$55 million funding round supports accelerated development of zero-knowledge proof infrastructure.

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