Do you want to work as a Blockchain developer? The Blockchain is very appealing to developers, with higher salaries, reports of Ethereum Dapps becoming very successful overnight, and new interesting technical challenges.
It remains to be seen whether and when blockchain technology will realize its full potential. That will occur. Those who bet against blockchain, on the other hand, are likely to be disappointed. According to all accounts, the blockchain market is on fire. The industry is anticipated to expand to $23.3 billion by 2023, a significant increase from the market's $1.2 billion in 2018.
Why Be Interested in Blockchain
While blockchain hasn't yet made it to the big leagues, businesses are increasingly interested in it. This all sounds great, but there is one issue: there is a high demand for blockchain developers.
It continues to grow at a rapid pace, but talent supply is struggling to keep up.
If you want to work as a block chain developer, there is no better time than now.
Start your journey. Follow these ten steps to learn the necessary blockchain developer skills to embark on a new career path that promises wealth, prestige, and the chance to travel while altering the course of history.
Becoming Blockchain Software Developers
Before going any further, let us address a common concern among developers looking to break into the Blockchain industry: "Are you qualified to become a Blockchain developer?" ”
To dispel a common misconception, you DO NOT NEED TO BE AN EXPERT IN CRYPTOGRAPHY OR DISTRIBUTED SYSTEMS TO BE BLOCKCHAIN DEVELOPERS. That is true if you want to create Blockchain software, but most people build applications on top of the Blockchain, just as most web developers create web applications rather than web browsers.
However, let us assume that you're a developer with at least a year of experience. If that is not the case, go learn some web development and then return.
Let's get this party started!
First, Comprehend Computer Science
If you don’t know much about computers besides how to turn them on and off and how to access websites, it’s going to be very difficult to learn how to develop applications on blockchain.
So First Things First
You need a basic understanding of computer science. Learn about how computers are designed and how they work (i.e., hardware architecture) and how the software that runs on computers is created. You’ll also want to touch upon cryptography and algorithms, two critical components of blockchain technology. This will help you develop essential blockchain developer skills.
The more you understand about how computers work, the easier it will be to create blockchain applications. To be successful core blockchain developers as well as in blockchain technology, you don't have to be a computer science expert. However, trying to work on blockchain architecture without knowing these fundamental building blocks of computer programming is akin to asking someone who doesn't speak English to write the next great American novel.
Define your objective
Some articles about becoming a Blockchain developer will simply give you advice without taking into account what YOU want. That's a huge blunder. If you do not spend time defining what you want to achieve and what motivates you, it will be very easy for you to become demotivated and fail to reach the finish line.
What Keeps You Going?
Because of the incredible gains made by cryptocurrencies and blockchain development, new blockchain developers are drawn to the Blockchain world. It is understandable how exciting this is, but if you rely solely on this, your excitement may be short-lived. At the very least, you should have another motivation.
Do You Want To:
Be a part of the development of a new ecosystem?
Disrupt dysfunctional industries and make the world a better place (was it finance?)
Decentralization brought about by Blockchain can be used to empower communities.
Adopt a Hacker's Mindset
Blockchain technology is still in its early stages, and as such, its future is uncertain.
Few people can envision the kinds of transformative applications that will be built on blockchain architecture in the coming years.
As a result, it's no surprise that core blockchain developers have a hacker's mindset. They are constantly encountering difficulties because they are creating things that have never been built before rather than allowing those issues to stymie them.
Today's most talented blockchain developers thrive in the face of adversity, as evidenced by their progress. They are constantly experimenting with different solutions in order to figure out how to overcome any challenges they face on a daily basis.
Employee or Business Owner?
Do you want to work for a Blockchain company of blockchain software developers, or do you want to start your own Blockchain project or blockchain development?
The Blockchain industry is expanding at a breakneck pace, and there are numerous opportunities to capitalize on it. A core Blockchain developer with his blockchain skills will capture the lion's share of this value, but developers will also benefit from this expansion.
According to a ComputerWorld survey, salaries for an aspiring Blockchain developer in the United States average $140,000 USD per year. This is nearly 40% more than for web developers. Another advantage of being a Blockchain developer is that you have more options for remote jobs than non-Blockchain developer. This is smart contract development in the entire blockchain network.
Pros and Cons of Being a Business Owner
The disadvantage is that the number of users is still small in comparison to established platforms, but it is rapidly growing. When CryptoKitties debuted in late 2017, it quickly became a sensation. They recently announced that they had raised $12 million USD for well-known venture capitalists (Andressen Horowitz).
Get to Know the Basics of Blockchain
You're well on your way if you have a good understanding of computer science and the right mindset.
You are now on your path to becoming blockchain software developers. It's now time to learn some new skills in the blockchain architecture.
Blockchain-based Applications Terminologies
1. Blockchain is a secure, decentralized digital ledger that records transactions. Miners have verified it and it cannot be falsified.
2. Miners - Individuals or groups of people who use a lot of computing power.
3. Cryptocurrency - A digital currency (for example, Bitcoin) that employs cryptography to ensure its security.
4. A node is a distinct participant in a blockchain ledger.
5. An alphanumeric string that serves as an anonymous address and is used to facilitate transactions on blockchain networks is known as a private key.
6. A public key is a string of alphanumeric characters that is used to receive bitcoins and other cryptocurrencies.
7. Proof-of-work (PoW) - A method of rewarding miners with fees when they can demonstrate that they have solved a complex mathematical equation. Bitcoin, for example, pays miners using PoW.
8. Proof-of-stake (PoS) - A method of rewarding miners with fees in which mining power is directly proportional to the number of coins a particular user owns; the more coins you own, the more mining power you have. Ethereum is currently using PoW, but has discussed switching to PoS in the future.
9. Decentralization - A network that is distributed and cannot be controlled by a single person or organization. Bitcoin, for example, lacks a leader or a company to back it up.
10. Decentralized app (dApp) - A decentralized app (dApp) is an open source application that operates autonomously and is not controlled by a single company or group.
As you learn more about blockchain, blockchain protocols, and gain blockchain skills, you'll probably come across a slew of other terms. However, knowing these ten terms will help you get a head start on understanding the blockchain universe.
Learn All You Can About Bitcoin
Once you've mastered the fundamentals of blockchain, it's time to learn about the granddaddy of all crypto: Bitcoin.
Bitcoin is the most popular application of blockchain technology and, as such, the most valuable cryptocurrency.
To understand the fundamentals of Bitcoin, read the original white paper written by Satoshi Nakamoto, the anonymous creator of the currency. While you're at it, learn about apps.
The Lightning Network is being built on the Bitcoin blockchain.
Learn All You Can About Ethereum.
Vitalik Buterin's Ethereum is the second most popular and valuable cryptocurrency. Smart contracts—contracts that are automatically executed exactly as designed and cannot be interfered with by third parties—can be enabled by the decentralized platform.
This feature has the potential to disrupt a wide range of industries, including the legal sector. What if you could use an Ethereum blockchain smart contract to replace the services of a $400-an-hour lawyer?
The Ethereum network is increasingly being used by developers to build applications. You may find yourself tinkering around as a blockchain developer utilizing Ethereum. If that's the case, you should probably read white pages about Ethereum, too.
Join Blockchain Developer Communities
The news can only get you so far. Even if you read about every single development that is published, you still need to look behind the scenes now and then to see what's really going on.
If you want to be a great blockchain developer, you should start participating in online blockchain communities.
Construct Your Own Blockchain Application
You've probably heard of blockchain, specifically Bitcoin and Ethereum.
You're in the right frame of mind, and you know where to look for news and who to turn to for advice when you need it.
It is now time to begin developing your first blockchain application. This will not only help you develop and improve your blockchain developer skills, but it will also help you persuade others. Consider it an addition to your portfolio.