Ethereum’s Core Developers: Outpaced By Salaries, Driven by Ideals

Despite the meteoric rise of Ethereum and its current value of over $4,500, a glaring disparity in compensation for core developers is exposing the hidden cost of building this revolutionary blockchain. A recent survey reveals average salaries hovering around $158,000 annually, while comparable roles in traditional tech firms are commanding up to $360,000. This discrepancy is further accentuated by the lack of equity or token incentives for Ethereum developers, a contrast starkly against the prevailing practices of private crypto companies and established enterprises.