Blockchain Career: How to Get Started
Blockchain has moved past a trend and into the mainstream. Companies worldwide are already investing billions in this transformative technology. If you want to be ahead of the curve in the future, you need to understand blockchain by educating yourself and taking advantage of the countless opportunities to be a part of this emerging global economy.
A blockchain developer can earn one of the highest salaries in the tech industry. Depending on their location, blockchain developers can earn as much as $158k per year. In Silicon Valley, senior hardware developers at NVidia can earn over $135k per year. This is a competitive salary, but the amount can vary widely depending on the company and responsibility.
Payment
A blockchain developer is a key part of any blockchain-based company. These developers use programming languages and other technologies to create and maintain applications. They also work on improving and incorporating updated protocols, creating frontend designs and overseeing smart contracts. A developer’s salary can vary, depending on experience and level of responsibility.
There are several ways to increase your salary as a blockchain developer. One way is to specialize in a certain area. For example, you can specialize in DApps development or network security analysis. In each case, you can earn more if you have more skills that are useful for development.
Developers are responsible for creating the protocols and architecture of a blockchain system. They are also responsible for building smart contracts. As blockchain technology becomes more widespread and more complex, the need for developers will increase. Blockchain developers are among the most in-demand engineers today, and salaries are expected to increase dramatically.
education
One of the most crucial components of blockchain development is data structures. The main purpose of data structures is to make it possible to execute a contract between two parties without an intermediary. This means that developers need to learn about the programming languages used to create smart contracts in order to build and deploy such systems. Smart contracts are at the heart of blockchain networks, and they enable two parties to trade goods and services without the need for an intermediary.
If you are considering an evolving career, the demand for qualified professionals is growing at unprecedented rates. While the current pool of blockchain developers is limited, the right education and hands-on experience will be invaluable.
To become a blockchain developer, you need to have in-depth knowledge of data structures, coding and distributed ledger technology. Also, you should learn a variety of programming languages and platforms.
You can also join a hackathon or an internship at a company that specializes in development. Blockchain developers should be familiar with a wide variety of programming languages, including C++, Python, and SQL.
Experience
As the industry continues to grow, the need for developers is expected to increase. With a demand for skilled developers far outstripping the amount of available talent, a degree in blockchain development will give you a leg up on your competition.
Also, it will allow you to get started right away and start making an impact in the field. In a development program you will have the opportunity to work together with industry leaders and build your own projects. You will gain first-hand experience with platforms such as Ethereum and Bitcoin Core. You will also learn how to create your own private blockchain.
As technology has become more advanced, developers must have the necessary knowledge and skills to develop real-time applications. For example, you need to understand blockchain data structures and smart contracts. Blockchain is based on cybersecurity, so developers need to know how to write hack-proof code.
A good blockchain developer has a solid informatics background and experience in network development. They should also have some low-level programming skills and be familiar with existing solutions. They must be able to immerse themselves in the source code of various projects and be able to explain the most important approaches used.
Developers must also be familiar with different programming languages and be able to work with a team to develop a custom solution. They must also be able to write test-driven source code and implement interfaces and functions using existing programming languages. Blockchain applications require complex calculations and cryptography, which require specialized knowledge.
What if you don’t want to be a developer?
We understand that. Not everyone is out of coding, but there are other ways you can participate in the blockchain economy. There are countless free courses available that can get you started in a career that won’t involve a moment of coding. Take a look at some free resources we’ve collected.
Recommended courses
Web3 and blockchain transformations in global supply chains
The global supply chain is a $50 trillion business and the foundation of the global economy. Today’s supply chains are actually a byzantine system that relies on often outdated technology, including fax machines and literally tons of paper. It’s an antiquated system ripe for disruption.
This entry-level course is offered free of charge through Coursera in association with INSEAD, a leading international business school. You can pay a course fee of $35.99 and receive a certification upon course completion.
In fact, all the courses we profile are offered for free on Coursera. Many are for beginners and as mentioned earlier are free (if you don’t care about receiving an official certification) and are taught by recognized experts such as Don Tapscott, a globally recognized speaker and teacher in blockchain technology and Alisa Acosta, the Director of Education and research at the Blockchain Institute, to name just a few.
Blockzeit has no relationship with Coursera, but we do is in favor of spreading adoption and certainly want to share free resources with our readers.
Final thoughts
For those who don’t want to be developers, the industry will still need designers, writers and marketers to help spread adoption by welcoming new users into the space. By having a clear understanding and a certification, you can show potential employers that you are well on your way to securing a place in a revolutionary technology across a wide range of industries.
Jay Speakman is a technology writer based in San Francisco, California. He writes on the topics of blockchain, cryptocurrency, DeFi and other disruptive technologies. Clients include Avalanche, Be[in]Crypto, Trust Machines and more blogs devoted to blockchain games. He will not rest until fiat currency is defeated.