Blockchain technology is still a new concept for many people, although, thanks to the advent of cryptocurrency, it’s getting more attention. Although it has yet to change how companies process data and conduct transactions thoroughly, the technology is making gradual inroads, and signs show continued growth.
As the demand for blockchain developers increases, questions arise regarding compensation. This includes inquiries about the average salary for blockchain developers and whether pursuing a career in blockchain development is worthwhile. This article aims to answer the question, “How much do blockchain developers make?” by examining the blockchain jobs salary landscape, taking into account experience levels ranging from beginners to experienced developers. Additionally, we’ll explore the salary outlook for blockchain engineers and discuss essential concepts such as career opportunities. To begin, let’s define what constitutes a blockchain developer.
What is a Blockchain Developer?
A blockchain developer is a professional who designs, develops, and tests blockchain systems and related applications. We can divide the profession into two distinct types.
- Core blockchain developers focus on system architecture. In addition, these developers manage cybersecurity measures and oversee the entire network and data structures.
- Blockchain software developers design and develop software applications designed to run on blockchain platforms. Blockchain software developers create decentralized applications called dapps, web applications, and smart contracts.
Roles and Responsibilities of a Blockchain Developer
The specific roles and responsibilities of a blockchain developer depend on the particular type of blockchain developer. For instance, a core blockchain developer’s part differs from a smart contract engineer’s.
Core blockchain developer
- Manages blockchain network security, including cryptography
- Develops and optimizes blockchain protocols
- Oversees integrations between the blockchain and other services
Blockchain software developer
- Develops software and applications to run on blockchain platforms
- Implements software features and verifies functionality
- Researches and maintains blockchain infrastructure
Blockchain quality engineer
- Ensures and manages blockchain development quality
- Writes and implements software testing
- Handles automation initiatives and dashboards
Smart contract engineer
- Develops and audits smart contracts
- Communicates with users
- Translates business goals into tech requirements
What Do You Need to Become a Blockchain Developer?
Having a technical background is essential for becoming a successful blockchain developer. Generally, a typical blockchain developer holds a degree in computer science, information security, or a related discipline. Additionally, many companies prefer hiring blockchain developers with appropriate certifications in relevant areas of expertise. However, even without a degree in a related field, it is possible to secure a job as a blockchain developer by possessing the appropriate certifications in your background. Ultimately, there is no one guaranteed path to becoming a blockchain developer, but it typically involves a combination of a tech background, relevant certifications, and hands-on work experience. Furthermore, we will delve into certifications later on, so there’s no need to worry.
Blockchain Developer Salary by Experience Level
Similar to other industries, vocations, and career paths, having more experience in blockchain development typically results in a higher salary. This is because job experience is a valuable resource that can be easily monetized. When an employer hires a candidate, they pay not only for the candidate’s skills but also their experience.
Here’s how average blockchain developer salaries in the United States break down by experience, courtesy of Glassdoor.com. Note that these figures are subject to variables such as location, hiring company, and economic factors.
| Years of Experience | Salary |
| 0-1 Years (Entry level) | $91,257 |
| 1-3 Years | $97,377 |
| 4-6 Years | $105,463 |
| 7-9 Years | $110,825 |
| 10-14 Years | $117,893 |
| 15 years or more | $130,259 |
Taken as an aggregate, the average blockchain developer salary in the United States clocks in at $101,852.
Blockchain Developer Salaries by Regions in the United States
We’ve previously mentioned that blockchain developer salaries in the United States vary by region. Here is a breakdown of the top-paying states in the U.S., as reported by Talent.com.
State Salary
Florida $175,000
Georgia $175,000
New York $165,000
Utah $160,000
Nevada $160,000
Massachusetts $156,000
Washington $153,125
California $146,250
North Carolina $145,000
Colorado $143,000
Virginia $140,000
Texas $140,000
Pennsylvania $121,500
New Jersey $120,000
Illinois $112,500
Blockchain developers often find their roles and responsibilities overlapping with other related fields. Here is a list of careers that share an affinity with blockchain development and what their annual salaries look like, according to Talent.com.
Job Title Annual Salary
Software Engineer $110,025
System Engineer $107,413
Developer $102,674
Systems Engineer $102,528
Project Manager $90,480
Lease Operator $80,505
Market Manager $80,000
Blockchain Engineers
While there is often overlap between the two roles, blockchain engineers share some similarities with blockchain developers. These engineers are responsible for driving the development and growth of computer networks, data structures, and algorithms. Their focus is on designing and implementing digital blockchains to solve business problems.
Blockchain Engineer Salaries in Selected U.S. Cities
Here is a breakdown of average blockchain developer salaries in a sample of cities across the United States, as reported by Hired.com. These figures are subject to variation based on experience level and type of company.
U.S. City Annual Salary
Seattle $177,134
San Francisco Bay Area $170,318
Phoenix $170,000
New York $167,822
Austin $165,259
San Diego $163,000
Los Angeles $161,892
Boston $156,375
Washington D.C. $153,065
Chicago $150,352
Philadelphia $148,789
Dallas/Ft Worth $147,222
Atlanta $142,818
Toronto (Canada) C$142,249
Denver $137,000
Houston $132,000
Tampa $126,466
Columbus $101,000
There are also certain positions related to blockchain engineering that merit a look, also courtesy of Ziprecruiter.com.
Job Title Annual Salary
Hyperledger $189,550
CTO Blockchain $162,966
Oracle Blockchain $136,659
VMware Blockchain $131,518
Blockchain Engineer $125,958
Blockchain Developer Salaries in Other Countries
The demand for skilled blockchain developers extends beyond the United States. The subsequent list provides a comprehensive overview of other countries seeking blockchain developers and the average salary offered. These figures are courtesy of web3.career.
Country Average Annual Salary
- Latvia $170k
- United Arab Emirates $160k
- Netherlands $150k
- Lebanon $150k
- Germany $120k
- Hong Kong $120k
- Portugal $120k
- Australia $115k
- Egypt $110k
- Israel $110k
- Switzerland $102k
- Denmark $100k
- New Zealand $100k
- Bangladesh $100k
- Japan $100k
- Mexico $100k
- Brazil $100k
- Bolivia $100k
- Romania $100k
- United States $100k
- Singapore $95k
- Belarus $90k
- Bulgaria $87k
- Canada $87k
- Serbia $80k
- Sweden $80k
- Taiwan $80k
- Argentina $80k
- Vietnam $75k
- Ukraine $75k
- Cameroon $75k
- Belgium $70k
- Poland $70k
- Spain $70k
- Typical Average Remote $65k
- China $62k
- Turkey $62k
- Panama $60k
- Ireland $60k
- United Kingdom $60k
- Nigeria $60k
- Georgia $57k
- Tunisia $55k
- Greece $50k
- Kenya $47k
- Italy $45k
- Philippines $45k
- Thailand $45k
- Colombia $42k
- Estonia $42k
- Pakistan $40k
- India $35k
- Ivory Coast $30k
- Malaysia $27k
- Venezuela $25k
- South Korea $20k
- Ecuador $20k
- Armenia $20k
- Indonesia $15k
- France $15k
- Kazakhstan $10k
- Russia $10k
Do You Want to Become a Blockchain Developer?
According to a market research study conducted by Custom Market Insights and reported by Globenewswire.com, the Global Blockchain Technology Market’s demand analysis indicates a revenue value of approximately $4.8 billion in 2021. The market is expected to grow to about $69 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 68% between 2022 and 2030. The report includes details of the leading market players such as Amazon Web Services, IBM, Infosys, Intel, NTT Data, and many others, including their sales, revenues, and strategies.
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- Bitcoin
- Blockchain
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- Cryptography and Cryptocurrency
- Hyperledger
- Networks
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