$150-185k
Ethereum R&D and scaling solutions
Job no longer available
Ethereum R&D and scaling solutions
101-200 employees
Job no longer available
$150-185k
101-200 employees
To accelerate the mass adoption of crypto for financial sovereignty.
While the Ethereum network offers users highly rated security, the trade off is that its network volume doesn’t have enough capacity to allow for fast and cheap transactions. Matter Labs is one of a small number of companies that are building scaling protocols through its zero-knowledge proof driven product, zkSync.
It’s not the only company of its kind, with the likes of Arbitrum and Optimism also receiving plenty of publicity and funding. However, Matter Labs zero-knowledge proof approach has been praised for both its transaction speed and security. If it was easy however, many more companies would be doing it, so it appears that Matter Labs has made a significant headstart on the competition.
Over the last couple of years, the startup has secured some major funding from high-profile investors such as Andreessen Horowitz (a16z), and Union Square Ventures. Matter Labs released its recently renamed ZkSync Era - a zero-knowledge, open-source security platform on Ethereum in 2023. Matter Labs is predicting zero-knowledge cryptography to outlive alternative "optimistic" security tech from the likes of Arbitrum.
Freddie
Company Specialist
Nov 2022
$200m
SERIES C
Nov 2021
$50m
SERIES B
George Town, George Town
Founders
Alex Gluchowski
(CEO)Has co-founded two previous startups, wellbeing platform Somuchmore (acquired by Urbansportsclub), and camper-rental startup PaulCamper.
Alexandr Vlasov
(R&D Head)Electrical Engineering PhD. Former Chief Research Scientist at BANKEX Foundation.
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