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If there’s any group in the global workforce that is sitting pretty it’s blockchain developers. Their success has unparalleled with anything in the stratosphere, yet they’re still receiving offers with compensation packages rivaling that of CEO pay packages.

And many of them have already become millionaires from investing in the coins of the market leaders they helped to build, including bitcoin and Ethereum, which means they’re less incentivized to join other projects for the size of the offer alone.


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Decentralized World

The thing to remember about blockchain pioneers is that they set out on the mission of a decentralized world not so that they could be subject to the whims of cryptocurrency prices. They are just as focused on the social impact of the blockchain as they are the success of their respective projects.

Consider Ethereum’s Vitalik Buterin, who during the peak of the cryptocurrency market rally at year-end 2017 tweeted the following reminder to his followers –

*All* crypto communities, ethereum included, should heed these words of warning. Need to differentiate between getting hundreds of billions of dollars of digital paper wealth sloshing around and actually achieving something meaningful for society. 

https://t.co/aNpEnBNGsA— Vitalik "Not giving away ETH" Buterin (@VitalikButerin) December 27, 2017

Buterin went on to use Venezuela as an example, whose economy is in tatters. He was dismayed that bitcoin’s price posts were getting more traction than “how Venezuelans were being rescued by crypto.”


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If the corporate culture reflected Buterin’s mission rather than dangling a six- or seven-digit compensation package in front of recruits, they might have more success attracting top blockchain talent.

Talent Battle

Meanwhile, blockchain startups are creating roadmaps with product release dates obligating them to have top development talent in-house, all of which is leading to projects getting stuck and helping to fuel the hiring frenzy. It’s not solely blockchain startups, however.

Global corporations including certain FANG stocks are no longer waiting on the sidelines as ICOs raise billions of dollars and the cryptocurrency market cap has balloons to nearly $400 billion, all of which has placed a high bounty on the pool for blockchain talent. If you have any doubts, consider again Ethereum co-founder Buterin.

As Hacked.com previously reported, Buterin tweeted about having received a job offer from Google.

David Schwartz, whose Twitter profile describes him as “one of the original architects of the XRP network,” told The Wall Street Journal how both a startup and a big tech play attempted to poach one of his team members, each of them offering the Ripple developer a million dollar signing bonus.

Meanwhile, the blockchain, a public immutable ledger where transactions are recorded and joined together in individual blocks, has become a catchphrase, one that can mean the difference between hits on a LinkedIn profile or not.

According to the Journal story, there are thousands of available jobs posted on the social platform hunting blockchain talent through the early part of May, reflecting more than a 150% jump versus all of last year.

But just as regulators have said they don’t want to rush into crafting any policy in response to market performance, employers should similarly take a step back before throwing everything but kitchen sinks out to software developers. Some companies are developing talent in-house, which is another route to consider.

But overall, hiring companies could be much more effective at recruiting blockchain talent if they understood the mission behind decentralization.

Featured image courtesy of Shutterstock.


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The number of jobs related to blockchain technology is rocketing - as is interest in the positions - according to new jobs data, on the back of the rising price of bitcoin.Blockchain job vacancies tripled in December 2017 to 83 job listings per million, up from 26 per million in the same month a year earlier.

Read more: Shell just made its first investment in a blockchain startup


And there were 73.1 clicks per million from candidates interested in the jobs, up from 8.8 per million in December 2016.Interest in blockchain jobs is rising at a faster rate, helping close a skills gap that was noticeable in 2016 before the technology entered the mainstream said Indeed, the jobs site which compiled the figures. Vacancies had outstripped candidates by four to one at the start of 2017.





"While the number of opportunities and searches remains modest, Indeed’s data shows companies are increasingly seeking experts to focus on this new technology - and jobseekers have been quick to react," said Indeed UK managing director Bill Richards.

‘‘It is worth noting that these are specialised roles and they can be hard to fill. However, blockchain is a field that is certainly worth watching as both jobseekers and employers seize the opportunity to capitalise on its potential.’’

The most in demand blockchain related role is currently developer, followed by recruiter and software engineer. The average salary for roles requiring blockchain expertise is £30,117.

The top 10 most in demand blockchain job roles

• Developer
• Recruiter
• Software Engineer
• Director IT Digital Strategy & Innovation
• Java Developer
• C# Developer
• Senior QA Engineer
• Solution & Proposition Architect
• Senior Developer
• Project Manager

This is an article report form City.AM discover more here: http://www.cityam.com/279808/bitcoin-price-rise-sends-blockchain-job-vacancies-soaring


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Dr. Greg Colvin and Alex Leverington, developers of Ethereum DEV, have joined the Lunyr team as technical advisors. Lunyr’s token crowdsale begins on March 29, 2017 at 16:00 UTC.

Lunyr is an Ethereum-based decentralized crowdsourced encyclopedia which rewards users with app tokens for peer-reviewing and contributing information. Lunyr has announced that Alex Leverington has joined the team as a technical advisor. Alex has been involved with Ethereum as a core developer since the very beginning.

He worked at ETHDEV, where he architected and programmed devp2p, Ethereum’s underlying P2P protocol layer. Alex has made key contributions in Ethereum encryption and security, primarily touching the various communications protocols. He remains active in the protocol steering group.

Last week, Dr. Greg Colvin, who works on the Ethereum Virtual Machine (EVM) for Ethereum DEV, also joined the team. His work includes pushing the boundaries of EVM performance and evolving the EVM architecture and Ethereum specification. Greg has had decades of technical experience inventing algorithms, designing systems, and programming applications and servers. His experience includes building and leading world class teams...continue reading: https://news.bitcoin.com/ethereum-dev-developers-join-lunyr-team-as-technical-advisors/?utm_source=O...