---
title: 'Software Engineer (Backend Rust) at N1'
canonical: 'https://feeny.ai/job/software-engineer-backend-rust-n1-new-york-eza8sct2cq3s'
type: 'job'
last_seen: '2026-09-08'
---

# Software Engineer (Backend Rust) at N1

- **Company:** N1
- **Location:** New York, NY
- **Employment:** full-time
- **Posted:** 2024-05-30
- **Last confirmed live:** 2026-09-08
- **Apply:** https://jobs.ashbyhq.com/n1/99a78724-a7eb-4801-9e75-cf4465950567

## Job description

About N1:

N1 is the first hyper-performant and horizontally scalable blockchain network designed to enable trustless computing at internet scale.

N1 is comprised of a team spanning backgrounds from Harvard, CMU, DFINITY, VMWare, Galaxy Digital, and more, and is backed by top-tier institutions like Founders Fund, Kraken Ventures, SALT, Amber Group, and more.

Position Overview:

As a key member of the software engineering team, you will spearhead the development of the core backend components for our blockchain network, focusing on networking, reliability, and scalability. Your primary responsibilities will entail designing and coding core backend software components primarily in Rust, leveraging your extensive experience to ensure the creation, testing, debugging, and deployment of production-grade components. Your role will involve maintaining and enhancing high-quality software engineering practices within a prominent open-source project.

Requirements:

- Bachelor's degree in Computer Science or related technical field or equivalent practical experience
- Experience in designing, testing, and implementing scalable backend systems
- Experience with a low level programming language like Rust, C, C++, Zig
- Experience in systems programming. Strong signals include experience writing compilers, operating systems, kernels, machine simulators
- Experience writing correct, reliable software. Must have worked on and deployed software changes to software used by people
- Creative, independent, and collaborative team player with the ability to work in a fast paced environment
- Active participation in Bitcoin/Ethereum/Blockchain projects or the open-source community is highly desirable

The base salary range for this full-time position is $120k - $260k. The range displayed on each job posting reflects the minimum and typical maximum target for new hire salaries for the position of a candidate based in New York at any level. We do hire exceptionally talented professionals with decades of experience in their field. As such, our range may be higher than what is displayed. Our base salary ranges are determined by experience and location, and we hire at all levels for multiple roles. Within the range, individual pay is determined by work location, job-related skills demonstrated during the interviews, working experience, and relevant education or training. Please note that the compensation details listed in role postings reflect the base salary only and do not include equity, tokens, or benefits.

## About N1

## Company Overview
- **One-liner**: N1 is building a hyper-performant layer 1 blockchain designed specifically for onchain finance, delivering ultra-high throughput, sub-millisecond latency, and congestion-free transactions.
- **Entity Type**: Private (Seed stage)
- **Headquarters**: New York City, United States
- **Founded**: 2023
- **Founders**: Dima Romanov (Co-Founder & CEO)

## Core Business
- **Primary industry**: Blockchain infrastructure (Layer 1) for financial applications
- **Target customers**: Developers and traders building or using decentralized finance (DeFi) applications, including DEXs, perpetuals exchanges, lending platforms, and prediction markets
- **Mission**: To build the rails for all onchain finance — all assets, all markets, one chain.

## Products & Services
- **[N1 Blockchain](https://www.n1.xyz/)**: A purpose-built layer 1 blockchain that achieves horizontal scalability through sharded data availability, isolated app execution environments, and asynchronous transactions by default. It offers native Solana bridging for liquidity and is virtual machine agnostic (supports Rust, TypeScript, and any verifiable execution environment).
- **[TradeRush](https://www.n1.xyz/)**: A perpetuals futures exchange running on N1, offering lightning-fast execution and advanced structured trading products.
- **[01 Exchange](https://www.n1.xyz/)**: A professional-grade trading terminal that aggregates all onchain markets in one interface, enabling traders to discover and execute edge across any asset.
- **[Atomic Transactions](https://www.n1.xyz/)**: A novel feature that bundles multiple actions (e.g., order placement, hedge adjustment, liquidity provision) into a single atomic instruction set, executed as one step with built-in risk checks.

## Market Standing
- **Valuation/Market Cap**: Not disclosed
- **Key Metric**: Annual Revenue $1.0M (LinkedIn estimate) | Total Funding $5.0M
- **Notable Investors/Partners**: Seed round led by **dao5** and **Founders Fund** (September 2023) with 9 investors including Syncretic Capital
- **Growth Signals**: 
  - Headcount grew 41.7% year-over-year to 14 employees
  - Network live on Proton (first implementation); testnet in phased rollout
  - Active development of Solana bridge and integration with Jito (Re)staking for validator set expansion
  - Team distributed across 5 countries (US, Portugal, Canada, Indonesia, Malaysia)

## Competitive Advantages
- **Horizontal scalability**: Each app runs in its own isolated environment, eliminating state congestion and gas wars; performance scales with validator count.
- **Sub‑ms latency & 100K+ TPS**: Designed to rival centralized trading systems while remaining fully decentralized.
- **Native liquidity bridge**: Direct Solana bridge for seamless asset and transaction flow.
- **VM agnosticism**: Developers can use any execution environment (SNARKs, consensus proofs, etc.) as long as verification is defined.

## Strategic Focus
- **Phase‑by‑phase decentralization**: Starting with a curated operator (Proton) and progressively increasing independent parties securing the network through staking and proof verification.
- **Ecosystem growth**: Attracting developers to build DeFi applications (DEXs, yield vaults, lending, memecoins, RWAs) and expanding the app suite (TradeRush, 01 Exchange, Atomics).
- **Infrastructure integration**: Plugging into Jito (Re)staking for slashable security and moving data availability fully onto the N1 validator set.

## Why Work Here
- **Cutting‑edge tech**: Contribute to a novel L1 blockchain that rethinks consensus and execution for finance at internet scale.
- **Small, high‑growth team**: 14 people with a 40%+ headcount growth rate — a chance for high impact ownership.
- **Global & remote‑friendly**: Team spans 5 countries (US, Portugal, Canada, Indonesia, Malaysia) with a technical majority (53% engineering).
- **Founder‑led**: Co‑founder Dima Romanov (CEO) actively drives the vision; culture emphasizes building fast and shipping.
- **Careers page active**: Hiring across multiple roles via [jobs.ashbyhq.com/n1](https://jobs.ashbyhq.com/n1) — recent focus on engineering, design, and operations.

## Sources
1. [n1.xyz](https://www.n1.xyz/) – Official website and product descriptions
2. [LinkedIn – N1xyz](https://www.linkedin.com/company/n1xyz) – Company details, headcount, financials, funding, founders
3. [docs.n1.xyz – Introduction to N1](https://docs.n1.xyz/learn/introduction-to-n1) – Technical architecture, horizontal scalability, roadmap
4. [GitHub – n1xyz](https://github.com/n1xyz) – Development philosophy and code repositories
5. [N1 Careers – Ashby](https://jobs.ashbyhq.com/n1) – Open positions and hiring page

## Other roles at N1

- [Trader Relations Lead](https://feeny.ai/job/trader-relations-lead-n1-new-york-evmf933j95cz) — New York, NY
- [Software Engineer (Full Stack)](https://feeny.ai/job/software-engineer-full-stack-n1-new-york-g37v40xmy3ky) — New York, NY
- [Software Engineer Intern (Backend, Rust)](https://feeny.ai/job/software-engineer-intern-backend-rust-n1-new-york-94xkmyazyd0f) — New York, NY
- [New Grad Software Engineer (Full Stack)](https://feeny.ai/job/new-grad-software-engineer-full-stack-n1-new-york-sfmr51b4svz7) — New York, NY
- [Software Engineer (Frontend Design)](https://feeny.ai/job/software-engineer-frontend-design-n1-new-york-xj09peagefh1) — New York, NY
- [New Grad Software Engineer (Backend Rust)](https://feeny.ai/job/new-grad-software-engineer-backend-rust-n1-new-york-9259f6xgmmjb) — New York, NY
- [Software Engineer Intern (Fullstack)](https://feeny.ai/job/software-engineer-intern-fullstack-n1-new-york-pd6yn8n28dd0) — New York, NY
- [Growth Lead (Asia)](https://feeny.ai/job/growth-lead-asia-n1-hong-kong-vwmq22wkpbhd) — Hong Kong
- [Senior Software Engineer (Backend Rust)](https://feeny.ai/job/senior-software-engineer-backend-rust-n1-new-york-4d9nygm1rq62) — New York, NY