Hire Deeply Vetted Ethereum blockchain (ETH) Developer

Upstaff is the best deep-vetting talent platform to match you with top Ethereum blockchain (ETH) developers remotely. Scale your engineering team with the push of a button

Hire Deeply Vetted <span>Ethereum blockchain (ETH) Developer</span>
Trusted by Businesses

Kris, Blockchain & Full Stack Software Engineer

Last Updated: 5 Mar 2024
Identity Verified
Programming Skills Verified

- Engineer who has 6+ years of experience with many programming languages, frameworks, and platforms; - 2+ years experience with developing smart contracts on Rust; - Solid skills with Solidity; - Working experience in building an NFT marketplace platform on Polygon and Binance Smart Chain using ERC-721 and ERC-1155; - Experience with ether.js, web3.js, and JS/TS frameworks; - Familiar with blockchain Ethereum, Binance, Tron, Solana, Polkadot, Tezos, Polygon, Huobi ECO chain, etc; - Deep knowledge in implemented Metamask, Torus, and other wallets to increase user experiences with the web apps; - Advanced English; - Available ASAP.

Learn more



Rust   2 yr.

View Kris

Pretti, Blockchain Developer

Last Updated: 4 Jul 2023

- 3+ years of experience in Blockchain development; - Good in writing smart contracts - writing multi-threaded codes; - Corda with Fluency in Solidity, Events, and Web3 ( Unix, Linux, scripting); - Good understanding of NFT, NFT Marketplace, and various Defi protocols - Experience in training and mentoring newbies smart contract auditors within the team; - Hands-on experience working on Ethereum and Hyperledger; - Good skills with C, C++, Java, HTML, Javascript, Golang, Node js, Python, React.js; - Knowledge of technical writing and research on Blockchain and Cybersecurity; - Intermediate English.

Learn more




View Pretti

Ekaterina E., Blockchain Developer

Warsaw, Poland
Last Updated: 27 Feb 2024

- Blockchain Developer with a 5-year background in financial technologies, specializing in Crypto, De-Fi, and NFT domains. - Exhibits proficiency in several programming languages, including Solidity, Rust, JavaScript, and TypeScript. - Key technical experience encompasses Ethereum, Solana, IPFS, and advanced blockchain development tools and practices. - Has experience in smart contract architecture design, blockchain integration, and secure transaction implementation across multiple projects, such as decentralized gaming platforms, NFT collections, and crypto exchanges. - Demonstrated capabilities in both backend technologies (Node.js, Express.js) and cloud infrastructures (AWS suite) - Upper-Intermediate English

Learn more

Rust   2 yr.


Solana   2 yr.

View Ekaterina

Sethu R., Blockchain/Solidity Engineer

Last Updated: 4 Jul 2023

- A dedicated and goal-oriented individual with 3+ years of experience in the field of blockchain research and development; - Developed a blockchain prototype application that helps track the expenditure of public funds; - Conducted workshops, seminars, and webinars for students and professionals on various blockchain technologies; - Developed blockchain smart contracts for a central government-funded vaccination supply chain management project using Solidity; - Available: ASAP.

Learn more


View Sethu

Shiro M., Senior Blockchain Engineer

Oulu, Finland
Last Updated: 4 Jul 2023

- A technology professional with 5+ years of experience in the blockchain industry, I specialize in the development of secure and reliable distributed ledger applications and smart contracts. - I am highly skilled in Ethereum, Aptos, Polkadot, and other distributed ledger technologies. Additionally, I have experience building and managing blockchain networks, developing core components and custom modules, deploying and operating blockchain nodes, and creating BaaS functionality for enterprise customers. My skillset also includes working with Solidity, Golang, Rust, Move, Cosmos SDK, CosmWasm, DeFi, DEX, and Multi-Chain Metaverse. - Try to learn new things and update your knowledge. Committed to the clients and always work with 100% client satisfaction.

Learn more


View Shiro

Talk to Our Talent Expert

Our journey starts with a 30-min discovery call to explore your project challenges, technical needs and team diversity.
Maria Lapko
Global Partnership Manager

Only 3 Steps to Hire Ethereum blockchain (ETH) Engineers

Talk to Our Talent Expert
Our journey starts with a 30-min discovery call to explore your project challenges, technical needs and team diversity.
Meet Carefully Matched Talents
Within 1-3 days, we’ll share profiles and connect you with the right talents for your project. Schedule a call to meet engineers in person.
Validate Your Choice
Bring new talent on board with a trial period to confirm you hire the right one. There are no termination fees or hidden costs.

Welcome to Upstaff

Yaroslav Kuntsevych
Upstaff.com was launched in 2019, addressing software service companies, startups and ISVs, increasingly varying and evolving needs for qualified software engineers

Yaroslav Kuntsevych

Trusted by People
Henry Akwerigbe
Henry Akwerigbe
This is a super team to work with. Through Upstaff, I have had multiple projects to work on. Work culture has been awesome, teammates have been super nice and collaborative, with a very professional management. There's always a project for you if you're into tech such Front-end, Back-end, Mobile Development, Fullstack, Data Analytics, QA, Machine Learning / AI, Web3, Gaming and lots more. It gets even better because many projects even allow full remote from anywhere! Nice job to the Upstaff Team 🙌🏽.
Vitalii Stalynskyi
Vitalii Stalynskyi
I have been working with Upstaff for over a year on a project related to landscape design and management of contractors in land design projects. During the project, we have done a lot of work on migrating the project to a multitenant architecture and are currently working on new features from the backlog. When we started this project, the hiring processes were organized well. Everything went smoothly, and we were able to start working quickly. Payments always come on time, and there is always support from managers. All issues are resolved quickly. Overall, I am very happy with my experience working with Upstaff, and I recommend them to anyone looking for a new project. They are a reliable company that provides great projects and conditions. I highly recommend them to anyone looking for a partner for their next project.
Владислав «Sheepbar» Баранов
Владислав «Sheepbar» Баранов
We've been with Upstaff for over 2 years, finding great long-term PHP and Android projects for our available developers. The support is constant, and payments are always on time. Upstaff's efficient processes have made our experience satisfying and their reliable assistance has been invaluable.
Roman Masniuk
Roman Masniuk
I worked with Upstaff engineers for over 2 years, and my experience with them was great. We deployed several individual contributors to clients' implementations and put up two teams of upstaff engineers. Managers' understanding of tech and engineering is head and shoulders above other agencies. They have a solid selection of engineers, each time presented strong candidates. They were able to address our needs and resolve things very fast. Managers and devs were responsive and proactive. Great experience!
Yanina Antipova
Yanina Antipova
Хочу виразити велику подяку за таку швидку роботу по підбору двох розробників. Та ще й у такий короткий термін-2 дні. Це мене здивувало, адже ми шукали вже цілий місяць. І знайдені кандидати нам не підходили Це щось неймовірне. Доречі, ці кандидати працюють у нас і зараз. Та надать приклад іншим працівникам. Гарного дня!)
Наталья Кравцова
Наталья Кравцова
I discovered an exciting and well-paying project on Upstaff, and I couldn't be happier with my experience. Upstaff's platform is a gem for freelancers like me. It not only connects you with intriguing projects but also ensures fair compensation and a seamless work environment. If you're a programmer seeking quality opportunities, I highly recommend Upstaff.
Leaving a review to express how delighted I am to have found such a great side gig here. The project is intriguing, and I'm really enjoying the team dynamics. I'm also quite satisfied with the compensation aspect. It's crucial to feel valued for the work you put in. Overall, I'm grateful for the opportunity to contribute to this project and share my expertise. I'm thrilled to give a shoutout and recommendation to anyone seeking an engaging and rewarding work opportunity.

Hire Ethereum blockchain (ETH) Developer as Effortless as Calling a Taxi

Hire Ethereum blockchain (ETH) engineer

FAQs about Ethereum blockchain (ETH) Development

How do I hire a Ethereum blockchain (ETH) developer? Arrow

If you urgently need a verified and qualified Ethereum blockchain (ETH) developer, and resources for finding the right candidate are lacking, UPSTAFF is exactly the service you need. We approach the selection of Ethereum blockchain (ETH) developers professionally, tailored precisely to your needs. From placing the call to the completion of your task by a qualified developer, only a few days will pass.

Where is the best place to find Ethereum blockchain (ETH) developers? Arrow

Undoubtedly, there are dozens, if not hundreds, of specialized services and platforms on the network for finding the right Ethereum blockchain (ETH) engineer. However, only UPSTAFF offers you the service of selecting real qualified professionals almost in real time. With Upstaff, software development is easier than calling a taxi.

How are Upstaff Ethereum blockchain (ETH) developers different? Arrow

AI tools and expert human reviewers in the vetting process are combined with a track record and historically collected feedback from clients and teammates. On average, we save over 50 hours for client teams in interviewing Ethereum blockchain (ETH) candidates for each job position. We are fueled by a passion for technical expertise, drawn from our deep understanding of the industry.

How quickly can I hire Ethereum blockchain (ETH) developers through Upstaff? Arrow

Our journey starts with a 30-minute discovery call to explore your project challenges, technical needs, and team diversity. Meet Carefully Matched Ethereum blockchain (ETH) Talents. Within 1-3 days, we’ll share profiles and connect you with the right talents for your project. Schedule a call to meet engineers in person. Validate Your Choice. Bring a new Ethereum blockchain (ETH) developer on board with a trial period to confirm that you’ve hired the right one. There are no termination fees or hidden costs.

How does Upstaff vet remote Ethereum blockchain (ETH) engineers? Arrow

Upstaff Managers conduct an introductory round with potential candidates to assess their soft skills. Additionally, the talent’s hard skills are evaluated through testing or verification by a qualified developer during a technical interview. The Upstaff Staffing Platform stores data on past and present Ethereum blockchain (ETH) candidates. Upstaff managers also assess talent and facilitate rapid work and scalability, offering clients valuable insights into their talent pipeline. Additionally, we have a matching system within the platform that operates in real-time, facilitating efficient pairing of candidates with suitable positions.

Discover Our Talent Experience & Skills

Browse by Experience
Browse by Skills
Browse by Experience
Browse by Experience
Browse by Skills
Rust Frameworks and Libraries Arrow
Adobe Experience Manager (AEM) Arrow
Business Intelligence (BI) Arrow
Codecs & Media Containers Arrow
Hosting, Control Panels Arrow

Hiring Ethereum blockchain (ETH) developers? Then you should know!

Share this article
Table of Contents

TOP 10 Ethereum blockchain (ETH) Related Technologies

  • Ethereum

    Ethereum is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). It is the foundation for most Ethereum software development.

  • Solidity

    Solidity is the most popular programming language for writing smart contracts on the Ethereum platform. It is statically typed, supports inheritance, and has a syntax similar to JavaScript, making it easy for developers to learn and use.

  • Truffle

    Truffle is a development framework that simplifies the process of building, testing, and deploying smart contracts on the Ethereum network. It provides a suite of tools and libraries for smart contract development, testing, and deployment.

  • Web3.js

    Web3.js is a JavaScript library that allows developers to interact with the Ethereum blockchain. It provides a set of APIs for reading and writing data to the blockchain, as well as handling events and transactions.

  • Remix

    Remix is an online integrated development environment (IDE) specifically designed for Ethereum smart contract development. It provides a user-friendly interface for writing, testing, and deploying smart contracts.

  • Ganache

    Ganache is a personal Ethereum blockchain for development and testing purposes. It allows developers to simulate the behavior of the Ethereum network locally, making it easier to test and debug smart contracts.

  • Infura

    Infura is a scalable infrastructure provider that allows developers to connect to the Ethereum network without running their own node. It provides easy access to Ethereum’s APIs, making it convenient for developers to interact with the blockchain.

How and where is Ethereum blockchain (ETH) used?

Case NameCase Description
Decentralized Finance (DeFi)Ethereum blockchain has become the backbone of the booming decentralized finance industry. DeFi applications built on Ethereum offer financial services such as lending, borrowing, decentralized exchanges, and stablecoins. These applications eliminate the need for intermediaries, reduce costs, and provide greater accessibility to financial services for individuals globally.
Non-Fungible Tokens (NFTs)Ethereum’s ERC-721 standard allows for the creation and trading of unique digital assets known as non-fungible tokens (NFTs). NFTs have gained immense popularity in various sectors, including art, gaming, collectibles, and virtual real estate. Ethereum’s smart contract functionality enables secure ownership, provenance, and transferability of NFTs, revolutionizing the way digital assets are created and exchanged.
Supply Chain ManagementEthereum blockchain provides a transparent and immutable ledger, making it ideal for supply chain management. By recording every transaction and movement of goods on the blockchain, stakeholders can easily track and verify the origin, authenticity, and journey of products. This helps combat counterfeiting, ensures fair trade practices, and increases consumer trust in the supply chain ecosystem.
Decentralized Applications (DApps)Ethereum’s smart contract capabilities enable the development of decentralized applications (DApps) that operate without central authorities. These applications can range from decentralized social networks and prediction markets to decentralized file storage and identity verification systems. Ethereum’s robust infrastructure and large developer community make it a popular choice for building innovative DApps.
Governance and VotingEthereum blockchain can be utilized for secure and transparent governance and voting systems. By deploying smart contracts, organizations can ensure fair and tamper-proof decision-making processes. Blockchain-based voting systems eliminate the risk of fraud and manipulation, allowing for more inclusive and democratic governance structures.
Energy and SustainabilityEthereum blockchain can be leveraged to promote energy efficiency and sustainability initiatives. Through smart contracts and tokenization, renewable energy producers can track the generation and distribution of clean energy. Blockchain-enabled peer-to-peer energy trading platforms can incentivize individuals to adopt renewable energy sources and contribute to a greener future.
Identity ManagementEthereum blockchain offers a decentralized and secure approach to identity management. By storing identity information on the blockchain, individuals can have control over their personal data and share it selectively with service providers. This can reduce identity theft, streamline identity verification processes, and enhance privacy in the digital world.

Let’s consider Difference between Junior, Middle, Senior, Expert/Team Lead developer roles.

Seniority NameYears of experienceResponsibilities and activitiesAverage salary (USD/year)
Junior0-2 yearsAssisting in the development of software applications, debugging and testing code, collaborating with team members, learning and acquiring new skills, following instructions from senior developers.$50,000 – $70,000
Middle2-5 yearsDesigning and implementing software solutions, participating in code reviews, collaborating with cross-functional teams, mentoring junior developers, contributing to the technical architecture of projects.$70,000 – $90,000
Senior5-10 yearsLeading the development of complex software systems, providing technical guidance and mentoring to junior and middle developers, conducting code reviews, collaborating with stakeholders, participating in project planning and estimation.$90,000 – $120,000
Expert/Team Lead10+ yearsLeading and managing a team of developers, setting technical direction and standards, driving innovation and process improvement, providing strategic guidance, collaborating with senior management, overseeing project execution and delivery.$120,000 – $150,000+

What are top Ethereum blockchain (ETH) instruments and tools?

  • Ethereum Virtual Machine (EVM): The Ethereum Virtual Machine is the runtime environment for executing smart contracts on the Ethereum blockchain. It was introduced in 2015 and has become a fundamental component of the Ethereum ecosystem. The EVM is Turing complete, allowing developers to write complex and decentralized applications on the Ethereum platform.
  • Truffle: Truffle is a popular development framework for Ethereum that simplifies the process of building, testing, and deploying smart contracts. It provides a suite of tools including a development environment, testing framework, and asset pipeline. Truffle has been widely adopted by developers and has become a standard tool for Ethereum development.
  • Geth: Geth is the command-line interface for running a full Ethereum node. It allows users to interact with the Ethereum network, mine Ether, deploy smart contracts, and more. Geth has been actively maintained since 2015 and is one of the most widely used Ethereum clients.
  • MetaMask: MetaMask is a browser extension that enables users to interact with the Ethereum blockchain directly from their web browsers. It serves as a wallet for storing Ether and other ERC-20 tokens and provides a user-friendly interface for interacting with decentralized applications (dApps). MetaMask has gained significant popularity among Ethereum users and is supported by various web browsers.
  • Remix IDE: Remix IDE is a web-based integrated development environment specifically designed for Ethereum smart contract development. It offers features such as code debugging, testing, and deployment. Remix IDE has a user-friendly interface and supports multiple programming languages, making it an essential tool for Ethereum developers.
  • Etherscan: Etherscan is a block explorer and analytics platform for the Ethereum blockchain. It allows users to explore and analyze the Ethereum network, view transaction histories, monitor smart contracts, and track token balances. Etherscan is widely used by both developers and users to gain insights into the Ethereum ecosystem.
  • Infura: Infura is a scalable infrastructure provider that offers access to the Ethereum network via API endpoints. It allows developers to connect to the Ethereum blockchain without the need to run their own node. Infura provides reliable and efficient access to the Ethereum network, making it a crucial tool for developers building decentralized applications.
  • DappRadar: DappRadar is a platform that provides analytics and insights into decentralized applications built on the Ethereum blockchain. It tracks the usage, volume, and popularity of various dApps, helping users discover and evaluate the most popular and promising applications in the Ethereum ecosystem.
  • OpenZeppelin: OpenZeppelin is a library of secure and audited smart contracts for the Ethereum blockchain. It provides reusable and standardized contracts for common functionalities such as token creation, access control, and upgradeability. OpenZeppelin is widely acknowledged for its focus on security and has become a go-to resource for Ethereum developers.
  • MyEtherWallet (MEW): MyEtherWallet is a popular open-source, client-side interface for creating and managing Ethereum wallets. It allows users to generate new wallets, access existing ones, and easily interact with the Ethereum blockchain. MEW has gained a strong reputation for its user-friendly interface and emphasis on security.

Soft skills of a Ethereum blockchain (ETH) Developer

Soft skills are essential for Ethereum blockchain (ETH) developers as they contribute to effective collaboration, communication, and problem-solving in a team. Here are the soft skills required for developers at different experience levels:


  • Adaptability: The ability to quickly learn and adapt to new technologies and frameworks in the Ethereum ecosystem.
  • Attention to Detail: A meticulous approach to writing smart contracts and ensuring code accuracy.
  • Collaboration: Working well in a team, actively participating in discussions, and sharing knowledge.
  • Time Management: Efficiently managing tasks and meeting deadlines in a fast-paced development environment.
  • Problem-solving: Identifying and resolving issues in Ethereum smart contracts and applications.


  • Critical Thinking: Analyzing complex problems and proposing innovative solutions for Ethereum blockchain development.
  • Leadership: Guiding and mentoring junior developers, providing technical guidance and support.
  • Effective Communication: Communicating technical concepts clearly to both technical and non-technical stakeholders.
  • Project Management: Successfully managing multiple Ethereum projects, coordinating tasks, and ensuring timely delivery.
  • Collaboration: Collaborating with cross-functional teams, including designers, testers, and product managers.
  • Resilience: Adapting to changing project requirements and maintaining a positive attitude in challenging situations.
  • Continuous Learning: Actively staying updated with the latest Ethereum advancements and industry trends.


  • Strategic Thinking: Developing long-term plans and strategies for Ethereum blockchain projects.
  • Technical Leadership: Providing technical direction and guidance to the development team.
  • Empathy: Understanding the needs and perspectives of team members and stakeholders.
  • Conflict Resolution: Resolving conflicts and fostering a positive working environment within the team.
  • Innovation: Identifying opportunities to leverage emerging technologies and blockchain advancements.
  • Decision Making: Making informed decisions based on technical expertise and project requirements.
  • Client Management: Building and maintaining strong relationships with clients and understanding their business objectives.
  • Advisory: Providing expert advice and recommendations on Ethereum blockchain development best practices.

Expert/Team Lead

  • Strategic Planning: Creating a roadmap for Ethereum blockchain development projects and aligning them with organizational goals.
  • Team Management: Overseeing the work of multiple development teams, assigning tasks, and ensuring high-quality deliverables.
  • Influencing: Persuading stakeholders and team members to adopt best practices and innovative approaches.
  • Risk Management: Identifying and mitigating risks in Ethereum projects, ensuring smooth execution and delivery.
  • Business Acumen: Understanding the business implications of Ethereum blockchain solutions and driving value for clients.
  • Thought Leadership: Contributing to the Ethereum community through research, publications, and conference presentations.
  • Client Engagement: Building and maintaining strong relationships with clients, understanding their evolving needs, and providing tailored solutions.
  • Entrepreneurship: Identifying new business opportunities and driving the growth of Ethereum blockchain services.
  • Strategic Partnerships: Establishing strategic partnerships with other organizations to enhance Ethereum development capabilities.
  • Quality Assurance: Ensuring high-quality code and adherence to best practices throughout the development process.
  • Continuous Improvement: Driving continuous improvement initiatives to enhance Ethereum development processes and efficiency.

TOP 11 Facts about Ethereum blockchain (ETH)

  • Ethereum is a decentralized blockchain platform that enables the creation and execution of smart contracts.
  • It was proposed by Vitalik Buterin in late 2013 and the development of Ethereum began in early 2014.
  • Ethereum’s native cryptocurrency is called Ether (ETH), and it is used to facilitate transactions and incentivize participants on the network.
  • Ethereum introduced the concept of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. They automatically execute when the predefined conditions are met.
  • Smart contracts on the Ethereum blockchain have numerous applications, ranging from decentralized finance (DeFi) and decentralized applications (DApps) to supply chain management and voting systems.
  • One of the key features of Ethereum is its ability to support the development and deployment of decentralized applications. This has led to a vibrant ecosystem of developers building innovative solutions on the platform.
  • Ethereum uses a consensus algorithm called Proof of Stake (PoS), which is more energy-efficient compared to the Proof of Work (PoW) algorithm used by Bitcoin.
  • The Ethereum blockchain has undergone several major upgrades, including the recent upgrade to Ethereum 2.0, which aims to improve scalability, security, and sustainability of the network.
  • Ethereum has a significant market capitalization and is one of the most widely recognized cryptocurrencies in the world.
  • Many other blockchain projects and tokens are built on top of the Ethereum platform, leveraging its infrastructure and network effects.
  • Ethereum has a strong and active community of developers, enthusiasts, and contributors who continuously work on improving the ecosystem and building new applications.

Cases when Ethereum blockchain (ETH) does not work

  1. Network Congestion: Ethereum blockchain may experience congestion during periods of high demand, leading to slower transaction confirmations and higher fees. This congestion can occur due to popular applications or events that result in a surge of activity on the network.
  2. Smart Contract Bugs: Smart contracts deployed on the Ethereum blockchain can contain bugs or vulnerabilities that can lead to unintended consequences. These bugs may allow hackers to exploit the contract and potentially steal funds or disrupt the functionality of the contract.
  3. 51% Attacks: Like other blockchain networks, Ethereum is susceptible to 51% attacks where a single entity or group gains control of the majority of the network’s mining power. This can potentially allow them to manipulate transactions, reverse transactions, or double-spend coins.
  4. Hard Forks: Ethereum has undergone several hard forks in its history to implement major upgrades or resolve issues. During a hard fork, the blockchain splits into two separate chains, creating a temporary disruption. Users need to ensure they are on the correct chain after a hard fork to avoid any issues.
  5. Gas Price Volatility: Fees for transactions and smart contract execution on the Ethereum blockchain are determined by gas prices. Gas prices can be volatile, especially during periods of high demand. This volatility can lead to unpredictable transaction costs and delays.
  6. Scalability Challenges: Ethereum’s current design faces scalability challenges, especially during periods of high demand. As more users and applications join the network, the limited capacity of the blockchain can result in slower transaction processing times and increased fees.
  7. Dependency on External Oracles: Smart contracts on Ethereum can rely on external oracles to fetch real-world data. If these oracles are compromised or provide incorrect information, it can affect the accuracy and integrity of the smart contract’s execution.
  8. Regulatory and Legal Challenges: Ethereum, like other blockchain networks, operates within a legal and regulatory framework that can vary across different jurisdictions. Changes in regulations or legal challenges can impact the usability and acceptance of Ethereum in certain regions.

Pros & cons of Ethereum blockchain (ETH)

7 Pros of Ethereum blockchain (ETH)

  • Ethereum is the second-largest blockchain platform by market capitalization, making it a highly recognized and established network in the cryptocurrency industry.
  • Ethereum is known for its smart contract functionality, which allows developers to build decentralized applications (DApps) on top of the blockchain. This opens up a wide range of possibilities for creating innovative and autonomous applications.
  • Ethereum has a large and active community of developers and supporters, which fosters continuous development and improvement of the platform.
  • Ethereum offers faster transaction times compared to Bitcoin, with an average block time of around 15 seconds. This makes it more suitable for applications that require quick transaction confirmations.
  • Ethereum has a scalable infrastructure that is designed to handle a high volume of transactions. This scalability is achieved through the implementation of technologies like sharding and layer 2 solutions, which help improve network efficiency.
  • Ethereum has a robust and secure network, with multiple layers of consensus algorithms that ensure the integrity and immutability of the blockchain.
  • Ethereum has a diverse ecosystem of decentralized finance (DeFi) applications, which provide various financial services such as lending, borrowing, and trading without the need for intermediaries. This has led to the rapid growth of the DeFi industry and has positioned Ethereum as a key player in this space.

7 Cons of Ethereum blockchain (ETH)

  • Ethereum currently faces scalability challenges, with high network congestion during periods of high demand. This can lead to increased transaction fees and slower transaction times.
  • The energy consumption of the Ethereum network is relatively high, as it relies on a proof-of-work (PoW) consensus algorithm. This has raised concerns about its environmental impact.
  • Ethereum has experienced network security vulnerabilities in the past, resulting in thefts and hacks. However, the Ethereum community has been proactive in addressing these issues and implementing security improvements.
  • The upgrade process of the Ethereum network, such as the transition to Ethereum 2.0, can be complex and require coordination among stakeholders. This introduces potential risks and uncertainties during the transition period.
  • Ethereum’s smart contract functionality can be susceptible to coding errors or vulnerabilities, which can lead to financial losses or exploitation of the network.
  • Ethereum’s governance structure is still evolving, and decisions regarding network upgrades and protocol changes can sometimes be contentious and lead to community debates.
  • While Ethereum has a large user base, adoption outside of the cryptocurrency space is still relatively limited. This can impact the mainstream acceptance and utilization of the platform.

Join our Telegram channel


Talk to Our Talent Expert

Our journey starts with a 30-min discovery call to explore your project challenges, technical needs and team diversity.
Maria Lapko
Global Partnership Manager