Full-Time
Confirmed live in the last 24 hours
Enhances blockchain interoperability and efficiency
Senior
San Francisco, CA, USA
Candidates must be based in San Francisco or willing to relocate (relocation costs covered). Remote positions may be considered for exceptional candidates who can onboard in-person for the first few months.
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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, with a business model that likely includes software licensing, consulting, and transaction fees.
Company Stage
Series A
Total Funding
$53.5M
Headquarters
San Francisco, California
Founded
2022
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