Full-Time

Lightning Protocol Engineer

Confirmed live in the last 24 hours

Lightning Labs

Lightning Labs

11-50 employees

Develops software for Lightning Network transactions

Fintech
Crypto & Web3

Senior

Palo Alto, CA, USA

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Go
Cryptography
C/C++
Requirements
  • Strong engineering background with solid programming skills
  • Experience in Go desired, C or C++ relevant as well
  • Thorough understanding of the principles of distributed systems and peer-to-peer networking
  • Solid engineering practices and processes, such as testing methodology and documentation
  • Experience with Bitcoin, cryptography, and/or financial software
  • Prior contributions to crypto protocols and open source software collaboration preferred
  • Quick learner, geared towards implementation
  • Eager to develop new skills and willing to take ownership of projects
Responsibilities
  • Design and implement core Lightning Network (LN) protocols and algorithms
  • Contribute to mission critical peer-to-peer cryptocurrency daemons written in Go
  • Collaborate with the greater team on the research and design of future iterations of LN
  • Participate in issue triage and code review of open source contributions to our various repos
  • Communicate with the wider community and industry about our software and technology

Lightning Labs develops software for the Lightning Network, which is a layer on the Bitcoin blockchain that allows for faster and cheaper transactions. Their main product, Lightning Terminal, is a web interface that helps node operators manage their connections in the Lightning Network, making it easier to handle many low-fee Bitcoin transactions quickly. This is especially useful for businesses and individuals who need to process a lot of transactions efficiently. Unlike many competitors, Lightning Labs focuses on open-source solutions and offers premium features for advanced transaction capabilities. Their goal is to enhance the efficiency and accessibility of Bitcoin transactions for a wide range of users, including developers and financial institutions.

Company Stage

Series B

Total Funding

$80.2M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

8%

2 year growth

25%
Simplify Jobs

Simplify's Take

What believers are saying

  • The integration of stablecoins and tokenized assets could significantly expand the use cases and adoption of the Lightning Network.
  • Lightning Labs' open-source software and premium tools provide a robust ecosystem for developers and businesses, fostering innovation and collaboration.
  • The company's focus on transaction efficiency and scalability addresses critical issues in the cryptocurrency market, potentially attracting a broader user base.

What critics are saying

  • The rapidly evolving cryptocurrency market presents regulatory uncertainties that could impact Lightning Labs' operations and growth.
  • The introduction of stablecoins and tokenized assets may face technical and adoption challenges, potentially delaying their impact.

What makes Lightning Labs unique

  • Lightning Labs focuses on enhancing the Bitcoin blockchain through the Lightning Network, offering faster and cheaper transactions, unlike competitors who may focus on other cryptocurrencies or blockchain solutions.
  • Their flagship product, Lightning Terminal, simplifies node management, making it accessible for businesses and individuals to handle high-volume Bitcoin transactions efficiently.
  • The introduction of stablecoins and tokenized assets on the Bitcoin network positions Lightning Labs as a pioneer in integrating traditional financial instruments with cryptocurrency.

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