In the world of blockchain technology, Ethereum has emerged as a major player. With its ability to run smart contracts and dApps, Ethereum has opened up a whole new world of possibilities for developers. For those interested in becoming an Ethereum developer, this guide will provide you with a comprehensive overview of what it takes to start your career in this exciting field. We'll explore the advantages of becoming an Ethereum developer, the skills and knowledge you need to acquire, and the answers to some commonly asked questions about the demand for Ethereum developers, their potential earnings, and the time it takes to become a blockchain developer. By the end of this guide, you'll have a better understanding of what it takes to become an Ethereum developer and what you can expect from this exciting career.
What is Ethereum Development?
Ethereum development refers to the process of creating decentralized applications (dApps) and smart contracts on the Ethereum blockchain. Ethereum is a blockchain-based platform that allows developers to build and deploy decentralized applications that can execute code without the need for a central authority. Ethereum development involves using programming languages such as Solidity, Vyper, and other tools to create smart contracts and dApps that run on the Ethereum blockchain. Smart contracts are self-executing agreements that automate the process of verifying and enforcing the terms of a contract, while dApps are applications that run on a decentralized network rather than a centralized server. Ethereum development offers a wide range of opportunities for developers to build innovative solutions in various industries, including finance, gaming, and supply chain management.
What does an Ethereum Developer do?
An Ethereum developer is responsible for creating, designing, and implementing decentralized applications (dApps) on the Ethereum blockchain platform. They work with the Solidity programming language, which is used to write smart contracts on the Ethereum blockchain. Smart contracts are self-executing programs that are stored on the blockchain and automatically execute when certain conditions are met.
As a certified Ethereum developer, one is expected to have an in-depth understanding of the Ethereum ecosystem, including Ethereum's underlying technology, its decentralized architecture, and its unique features. They should also be proficient in coding and developing in Solidity, as well as have experience in deploying and testing smart contracts on the Ethereum network.
The creation and upkeep of other blockchain-based solutions, such as decentralized exchanges (DEXs), non-fungible tokens (NFTs), and other decentralized finance (DeFi) applications, may also be undertaken by Ethereum developers. In general, an Ethereum developer's job entails fusing their technical know-how with their understanding of the Ethereum blockchain to create cutting-edge, decentralized apps that can benefit both corporations and individuals.
What are the advantages of becoming an ethereum developer today?
It is quite evident that Ethereum developers have numerous options for career advancement. With jobs as an Ethereum developer, you can work for prestigious firms (listed below) and earn compensation estimations that are substantially higher than those of software developers.
- High demand: The demand for Ethereum developers has been on the rise as more and more companies and organizations are looking to adopt blockchain technology. This presents a great opportunity for developers to land exciting and well-paying jobs in the industry.
- Lucrative salaries: Ethereum developers are among the highest-paid developers in the tech industry. According to Glassdoor, the average salary for an Ethereum developer in the United States is over $100,000 per year.
- Innovation: Ethereum is a cutting-edge technology that allows developers to build decentralized applications and smart contracts that have the potential to transform various industries. As an Ethereum developer, you can be at the forefront of innovation and contribute to the growth of the industry.
- Flexibility: Ethereum development is a relatively new field that is still evolving. This means that there is a lot of flexibility for developers to explore new ideas and develop their own projects.
- Future-proof career: Blockchain technology is still in its early stages, but it has already shown immense potential to disrupt various industries. As an Ethereum developer, you can be part of this revolutionary technology and build skills that will be in high demand in the future.
- Remote work opportunities: Ethereum development is a global field, and many companies are open to hiring remote developers. This means that you can work from anywhere in the world and collaborate with teams from different countries, making it a great option for those seeking a flexible work-life balance.
- Community: Ethereum has a vibrant and supportive community of developers who are passionate about blockchain technology. As an Ethereum developer, you can connect with like-minded individuals and collaborate on exciting projects.
List of companies hiring Ethereum Blockchain developers
Here's a list of some firms that are known to hire Ethereum blockchain developers:
- ConsenSys: ConsenSys is a blockchain software technology company that develops decentralized applications and infrastructure for the Ethereum network. They offer a range of job opportunities for Ethereum developers in various areas, including software engineering, product management, and more.
- Chainlink: Chainlink is a decentralized oracle network that connects smart contracts to real-world data. They offer job opportunities for Ethereum developers in areas such as software engineering, DevOps, and more.
- Coinbase: Coinbase is a leading cryptocurrency exchange that provides a platform for buying, selling, and storing various cryptocurrencies, including Ethereum. They offer job opportunities for Ethereum developers in areas such as software engineering, product management, and more.
- MakerDAO: MakerDAO is a decentralized lending platform that allows users to generate Dai, a stablecoin pegged to the US dollar, by using Ethereum as collateral.
Also, some big and very well-known companies are hiring Ethereum developers:
- Accenture
- Deloitte
- Ernst & Young
- IBM
- Amazon
- KPMG
- Microsoft
- JPMorgan Chase
- Cisco
How much do Ethereum developers make?
Note that salaries for Ethereum developers can vary depending on factors such as location, experience level, and job responsibilities.
According to Glassdoor and Payscale, here are the average salaries of Ethereum developers in the USA and Europe:
In the USA:
Entry-level Ethereum developers with less than one year of experience can expect to earn an average salary of around $75,000 per year.
Mid-level Ethereum developers with 3-5 years of experience can expect to earn an average salary of around $110,000 per year.
Senior-level Ethereum developers with 7+ years of experience can expect to earn an average salary of around $150,000 per year.
In Europe:
Entry-level Ethereum developers with less than one year of experience can expect to earn an average salary of around €45,000-€55,000 per year.
Mid-level Ethereum developers with 3-5 years of experience can expect to earn an average salary of around €65,000-€75,000 per year.
Senior-level Ethereum developers with 7+ years of experience can expect to earn an average salary of around €90,000-€100,000 per year.
How long does it take to become a blockchain developer?
Depending on your ability, existing knowledge and experience in programming, you should be able to code your own projects in three to six months. It could take at least a year to land your first job as a blockchain developer.
Ethereum Learning Free Resourses:
Check out this YouTube video, if you want to see how blockchain data is hashed and then added to the list of prior block references.
Here is a guide to available tools, components, frameworks, and platforms for developing applications on Ethereum, prepared by ConsenSys.
You can also download Mastering Ethereum e-book for free on our Free Documents page. This popular book is mostly intended for coders. If you can use a programming language, this book will teach you how smart contract blockchains work, how to use them, and how to develop smart contracts and decentralized applications with them. The first few chapters are also suitable as an in-depth introduction to Ethereum for noncoders.
Certified Ethereum Developer
At Bilginç IT Academy, we offer an internationally accredited certification for Ethereum developers. As an extremely in-demand skill in the international job market, ethereum development is very popular among our clients. To view the upcoming dates and prices for this course, please click here. If you would like to arrange this training for your employees, we are happy to offer it at a location of your choosing or through virtual classrooms. Please don't hesitate to contact us for more information.
