Crypto development requires a different approach. It is not similar to web development, which makes it far more complex. Rohit99, a blockchain developer from India, knows the demand for Crypto developer. His word of advice is to stay updated with every changing move. According to him, Crypto technology is still in the nascent phase and will grow rapidly, improving demand for the best ones out there.
So, how do you become a Crypto developer? This article contains all the information you need to succeed in the crypto development world.
- How to Become a Blockchain Developer
- Which Crypto Has the Most Developers?
- Where Can I Get Crypto Developer?
- What is Cryptocurrency Development?
- What is The Salary of Blockchain Developers?
- How Many Developers Are Using Ethereum?
- How do Blockchain Developers Make Money?
- How Long Does it Take to Become a Blockchain Developer?
- Which Programming Language is Used For Blockchain?
- Does Blockchain Require Coding?
- How do You Make Money With Cryptocurrency?
- Cryptocurrency Development Company
- Cryptocurrency Developers in India
- Best Crypto Developers
- Crypto Coin Developer
- Blockchain Programming Books
- Are Blockchain Developers in Demand?
- What do Crypto Developers do?
- How to Become a Blockchain Developer After 12th
- How to Become a Blockchain Developer in India after 12
- Blockchain Developer Course
- How to Become a Blockchain Developer From Scratch
- What do You Need to Become a Blockchain Developer?
- Do You Need a Certification to be a Crypto Trader?
- How do You Start a Career in Blockchain Technology?
- Blockchain Developer Roadmap
- Learn Blockchain Development
How to Become a Blockchain Developer
There are two different situations at work here. There are the Blockchain hopefuls who are starting completely from scratch, having no background in programming whatsoever, and those who have experience in careers that share similarities with Blockchain.
Before we dive into those two different types of people aspiring to become Blockchain developers, it may help to familiarize ourselves with the kind of mindsets that are best suited for Blockchain developers. After all, the unique challenges of Blockchain development require a certain unique way of thinking.
Whenever you hear the word “hacker” spoken aloud, it’s not usually in a positive light; no self-respecting business wants anything to do with hackers (well, except for ethical hackers, but that’s a different story for a different time).
Read Also: Investing in Cryptocurrency: Is it Worth the Risk?
However, it’s precisely the hacker mentality that helps make good Blockchain developers. That’s because hackers tend to think outside the box when faced with problems and obstacles, rather than engage in conventional thinking.
Furthermore, a good Blockchain developer works well with a team and can collaborate. On a related point, the ideal Blockchain developer knows when to ask for help with a problem and when to keep plugging away by themselves until they arrive at the answer.
So the best candidate for Blockchain development works well with others, knows his or her limitations, and can unconventionally approach problems.
For Those Who Are Completely New to Programming and Development
If you’re someone who wants to become a Blockchain developer but has no related skills or experience to build a foundation on, then frankly, the road is going to be a little tougher for you and will require more work and dedication.
Fortunately, there is hope! Here are some steps that anyone coming from such a place, but yet is interested in a Blockchain developer career can take.
- Learn Why Blockchain Was Needed in the First Place: The story of Blockchain is the story of Bitcoin, as the latter is the reason that the former exists. Blockchain was designed as a platform for Bitcoin, allowing it to become a reality. To this end, an aspiring Blockchain developer should become familiar with Bitcoin, including actually purchasing some cryptocurrency to get one’s feet wet. Additionally, check out Bitcoin forums featured on Reddit, stay current on Blockchain news on Coindesk, and take a glance at some cryptocurrency vlogs on YouTube. Any research you can do, any immersion in the world of cryptocurrency you can manage will be to your advantage.
- Learn about Blockchain Development: As silly as their names sound, CryptoZombies and Space Doggos are courses that help you learn Solidity Code, which in turn is the code used in writing smart contracts, putting you on the right path to mastering Blockchain development. Space Doggos is particularly useful, as you use actual Solidity code in designing your space dog. These are fun and entertaining ways of getting a grasp on Blockchain’s development, and possibly a bit less intimidating.
- Understanding Different Programming Languages: A good Blockchain developer needs to be comfortable with a selection of programming languages. For instance, C++, SQL, JavaScript, and Python languages are good examples. If you are already proficient in a couple of them, then great!
- Take Blockchain Developer Courses: When it comes to acquiring relevant, marketable skills, there’s nothing as good as taking courses through an accredited training provider.
Transitioning to Blockchain Developer From a Similar Career
Upskilling is the process of teaching an employee new skills. This process is particularly useful when it comes to creating new Blockchain developers from other, similar positions in the business. Some companies, keenly aware of the growing importance of the Blockchain technology, will upskill individual employees, empowering them to handle the new tech.
If you are someone who’s working at a business that pays for your upskilling costs and wants to put you in the position of Blockchain developer, remember that you will be obliged to stay with that company for at least a specific period. After all, businesses aren’t in the habit of paying from employees’ training, only to make them more marketable elsewhere!
Which Crypto Has the Most Developers?
There are more than 8,000 monthly active developers working on various cryptocurrency projects, according to the Developer Report, produced by Electric Capital, a venture firm, with some 80% of those developers starting in the last two years.
The current leader in terms of people actively contributing to the development of a network is Ethereum, with approximately 2,300 average monthly developers – those who were active on a monthly basis, according to the Developer Report. The number actively working on Ethereum has grown by 215% in 3 years. But there are a number of other communities also seeing strong growth.
Where Can I Get Crypto Developer?
Based on facts publicly available as of 01.01.2021
1. Toptal
Toptal is a network of specialists and freelancers from around the globe. Only those who pass their stringent tests are hired here, leaving just the top 3% of applicants. If your project requires blockchain talent, then we highly recommend Toptal.
Why? Toptal has been around since blockchain’s birth, and they hire blockchain engineers and developers who are willing to tackle any challenge. It’s a diverse pool, so you’ll most likely find the expert you need, on one of the most reliable hiring platforms online.
Toptal is also a go-to destination for many other types of developers too, including PHP, Javascript, and full-stack developers.
2. BountyOne
BountyOne is a freelancing and crowdsourcing board connecting blockchain freelancers to companies. It connects those who wish to pay freelancers in cryptocurrency. Simply post your job and get connected to some of the best developers. Interview, pick the best fit for you, and start work.
This platform also has various tools to help you communicate and work with your developer. Once done, the developer is paid through the Smart Contract system, and you’re good to go.
3. X-Team
If you’re looking for dedicated software developers from a company committed to your project, X-Team is your way to go. Use their services if you are interested in scalable and flexible development teams, motivated and disciplined workers, and a simple billing system. X-Team connects you with developers who are willing to work with you to get any web development project done.
4. Stack Overflow
Stack Overflow knows more than anyone that it can be difficult to find the perfect software developer — especially blockchain engineers. They want to help you optimize your hiring process and build your brand more effectively while connecting you to potentially one of the largest pools of talented freelancers.
If you use Stack Overflow Talent, along with extra optimization, your job will be posted to their job board, and you can create a candidate page. Your blockchain jobs can be targeted to the developers most likely to click on them in the areas you’re hiring in.
Candidate search also allows you to go out and find job-seekers who best fit your project. You can also use Stack Overflow to help build your next web application, no matter the programming language it uses. They have a wide pool of developers with broad skill sets.
5. CodementorX
It can be difficult to congregate blockchain developers in one place, as they can be known to work on all sorts of projects across multiple websites. CodementorX has managed to gather talented blockchain experts, available for any project.
CodementorX has a relatively simple hiring and payment process. There are no platform fees, just the developer’s payment when you hire them. Send in your job, interview the suggested candidates, and choose one for a risk-free trial. If you really need a local developer, CodementorX can work with you to arrange such a contract.
6. Blocktribe
Blocktribe is a blockchain job posting platform initially free for your first few posts. Signing up is easy, and your job and company are posted to the site for job-seekers to find. You can search for qualified developers, and also purchase premium service that sends CVs to your emails and advertises your job on the homepage.
7. Gitter
Gitter goes beyond your average job search website and is a chat/networking platform designed to unite people with common interests. Blockchain enthusiasts are known to frequent Gitter, which is why we recommend trying this approach.
8. DREAM
Do you require freelancers for larger-scale projects or one-off contracts? DREAM has quality blockchain freelancers ready to hire. Browse freelancers from around the world and post a project for free, at a fixed price, hourly, or full-time payment in Bitcoin. You can also invest in DREAM tokens to pay for the talent you hire from the website.
9. We Work Remotely
Many blockchain developers work remotely, so focusing on sites like We Work Remotely might be a good idea. The system is simple: post your job, pay monthly, and your post is moved back to the top. Posting costs fluctuate based on project, and a number of large companies trust this site to connect with the remote workers they need.
10. Hired
Hired connects clients with tech companies. Get matched with qualified developers, or use their advanced search to find exactly who you’re looking for. Remember, custom pricing means you’ll never pay more than you need to locate the top blockchain talent. You can also hire remotely, full-time, or for contract work.
In addition, it’s possible to find local developers in certain areas. The platform can be easy to use; just find candidates, send an interview request, and get started recruiting blockchain specialists.
What is Cryptocurrency Development?
Cryptocurrency solutions are revolutionizing industries. Companies work with websites like Toptal to achieve their business requirements by tackling cryptocurrency exchange development, cryptocurrency wallet development, application development, and other projects.
Whether through the creation of decentralized applications such as a new cryptocurrency exchange platform or to support an owned cryptocurrency, Toptal’s blockchain developers help clients take advantage of the numerous opportunities that this technology has to offer such as ICO development and crypto coin development.
The most popular crypto coin in the world, Bitcoin was also the first distributed blockchain. Toptal developers have experience with Bitcoin Core, the underlying reference client for the currency, as well as with the digital currency itself, but also other crypto coins such as Altcoin, Dogecoin, Litecoin, and Monero.
Companies are turning to Ethereum, a blockchain-based platform, for broader applications of trust verification beyond just cryptocurrency including smart contract development (powered by the programming language Solidity).
What is The Salary of Blockchain Developers?
The average annual pay for a Blockchain Developer in the United States is $154,550 a year. Just in case you need a simple salary calculator, that works out to be approximately $74.30 an hour. This is the equivalent of $2,972/week or $12,879/month.
While ZipRecruiter is seeing annual salaries as high as $242,000 and as low as $11,000, the majority of Blockchain Developer salaries currently range between $124,500 (25th percentile) to $203,000 (75th percentile) with top earners (90th percentile) making $231,500 annually across the United States.
The average pay range for a Blockchain Developer varies greatly (by as much as $78,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
How Many Developers Are Using Ethereum?
Blockchain giant Ethereum has ”officially” kicked off its One Million Devs initiative as the platform aims to build upon its already substantial developer base.
Despite many projects eying its throne, Ethereum remains the largest decentralized app (DApp) platform and the second-largest cryptocurrency in terms of market cap. The Ethereum Enterprise Alliance includes hundreds of giants like Intel, Microsoft, JP Morgan, and more.
The ambitious goal of Ethereum to become the decentralized “world computer” during a time of global uncertainties and mass censorship has attracted legions of developers to either contribute to – or build DApps for – the decentralized project. Supporters believe Ethereum will usher in the so-called Web 3.0 so it’s little wonder many are eager to be a part of it.
The One Million Devs website claims there are ~200,000 active developers working with Ethereum and its technology stack.
With its One Million Devs initiative, Ethereum wants to retain its position as the number one decentralized app platform. There are hundreds of millions of developers around the world, but only several hundred thousand blockchain developers – and that needs to change.
The initiative is taking an innovative approach to attracting developers by offering them decentralized profiles. These profiles can be used to connect with other developers to help build a community spirit, take on challenges that showcase Ethereum’s tools and functionalities and showcase their skills. Over time, participating developers can create their own activities for others to keep the content fresh.
How do Blockchain Developers Make Money?
Blockchain companies not only earn money from developing applications. They earn money in multiple ways which are listed below
- Developing a software solution for a specific purpose
- Providing software service
- Earning from transactional fees
- Contract agreements
- Speculating cryptocurrencies
These are the major ways by which blockchain companies make money. Let us understand each of them in detail.
1. Developing software for a specific purpose
Big corporations develop blockchain software for their clients for a specific purpose. For example, developing blockchain software for cross-border payments. Providing a solution for supply chain and trade among businesses. The software helps different businesses for settlement in a transparent and effective way.
Companies like IBM, Deloitte are the major software developers in blockchain technology. They earn money by selling these blockchain solutions to other businesses.
2. Providing software service
Another way, blockchain companies earn money is by providing software services to other businesses. They provide different business solutions by helping them to build APIs, cloud storage, data management software, etc. Block cypher is a leading service provider in the field of blockchain. Tyrion is another company that provides chain points to blockchain developers.
3. Earning from Transactional Fees
Today, many businesses are creating blockchain infrastructure for big corporations and institutional investors. This is a great way for blockchain companies to make money through transaction fees.
Institutions or businesses that use blockchain infrastructure have to pay a subscription fee and transaction fee to the developers. They pay for making business transactions and service delivery. There are many blockchain technologies focused on delivering private solutions for business settlements.
4. Contract Agreements
Blockchain companies also make money by signing contract agreements with other companies. They make contracts with other companies to provide blockchain infrastructure by designing and developing blockchain applications. They also host the service for a certain period by signing a contract.
5. Speculating in Cryptocurrencies
Most people have a general misconception about blockchain technology. They understand that blockchain is only used for trading bitcoin. No doubt, bitcoin has brought a revolution in the digital currency market.
In fact, this is the main reason for which blockchain has become the most popular topic on the internet. If you are a beginner in this field, you can get help from https://bitcoin-champion.com/. However, blockchain is not only about bitcoin, but there are also many other cryptocurrencies used in blockchain.
Almost every blockchain network has its own crypto token to settle transactions and payments within that network. The parent companies try to increase the value of the tokens and sell it for profit.
How Long Does it Take to Become a Blockchain Developer?
Though the technology seems difficult to grasp, it is not so when you start learning. The learning goes easier by taking up an online training course from an accredited institute. Most of the training programs offer self-paced learning, and it all depends on how much time you take to learn the concepts of Blockchain development.
Typically, if you give 5 to 10 hours per week, the Blockchain training by Simplilearn will let you master the concepts in around 4 months.
The training goes in such a way that you become proficient in almost all the concepts of Blockchain and can easily get certification added to your resume.
Which Programming Language is Used For Blockchain?
Some of the most popular programming languages used to developed blockchains are C++, Java, C#, JavaScript, Go, Python, Ruby, and Solidity. Among these languages, solidity is the only new programming language designed to write Ethereum based smart contracts. Other languages are common and popular programming languages.
The following table lists the programming languages several popular blockchain platforms are written in. The table also lists the languages supported by these blockchains to build blockchain applications.
BLOCKCHAIN | Written In | Language support | Consensus |
ARK | JavaScript | JavaScript, Go, Python, C#, TypeScript, Kotlin, Ruby, Swift, PHP | DPoS |
CORDA | Kotlin | Java, Kotlin, | |
ETHEREUM | Go, C++, Rust | Solidity | PoW/PoS |
EOS | C++ | WebAssembly, C, C++ | DPoS |
HYPERLEDGER FABRIC | Go, Java, JavaScript, Python | Go, Java, Kotlin | |
LISK | JavaScript, Node.js | JavaScript | DPoS |
NEO | C# | C#, Java, Kotlin, Python | PoS |
QTUM | C++, Python, TypeScript | C++, Python, Rust, Go, Lua | PoS |
STRATIS | C++, C# | C# | PoS |
WAVES | Scala | Scala | DPoS |
C++: C++ is the 4th most popular language among all the languages. There are more blockchain projects developed in C++ than in any other language. Some of the popular blockchains developed in C++ are Bitcoin, Ripple, Litecoin, Monero, EOS, Stellar, and QTUM.
C#: C# is the 7th most popular open-source programming language developed by Microsoft. There are 5 to 8 million C# and .NET developers worldwide. Popular blockchains that use C# include Stratis, NEO, and IOTA.
Go: Golang (GO language) is a new language developed by Google and it’s gaining popularity. Some of the popular blockchains developed using GO are Ethereum, Dero, Hyperledger Fabric, and GoChain.
Java: Java is the most popular programming language. Some of the popular blockchains developed using Java are Ethereum, IOTA, NEM, Hyperledger Fabric, and NEO.
Python: Python is the 2nd most popular programming language. Some of the popular blockchains developed using Python are Ethereum, Hyperledger Fabric, Steem, and NEO.
Solidity: Solidity is a new programming language designed to create Ethereum-based smart contracts. The only blockchain developed and supported by Solidity are Ethereum and its forked and inherited projects.
Does Blockchain Require Coding?
One should also understand the data structure to learn about the complex nature of Blockchain. In the Blockchain, the data is stored in the form of blocks and not in the form of tables. Databases are replicated across the whole network, which is called a distributed ledger. The integrity of data in the blocks is maintained by using cryptography.
A blockchain developer should know how Data Structures work such as linked lists, graphs, hash maps, search trees and many more. The skill of building the data structure from scratch is also essential for the blockchain developer.
Knowledge of programming languages like C++, C-Sharp, C, Scala, Java, Python is also required. An individual can learn all the necessary knowledge about algorithms and data structures from the repository on GitHub.
How do You Make Money With Cryptocurrency?
The cryptocurrency market is volatile and the majority of us would not take any risk in losing our hard-earned money. However, what are the different ways in which you can earn money with cryptocurrency? Let’s check it out.
Buy or Trade a Cryptocurrency
Your first choice is to simply buy coins. There are various exchanges that will permit you to purchase or trade coins to keep in your digital currency wallet. Quite possibly the most mainstream exchange is Coinbase. Coinbase offers a very perfect UI and is outstanding amongst other approaches, to begin with, if you have no related knowledge in cryptocurrencies.
Whenever you’ve made your account you pay the market rate for the coin and afterward hold it until you’re prepared to sell. The hope, obviously, is that the price goes up. Eventually, you need to ensure you go through a trustworthy exchange, and that you back up your digital wallet. Then, you need to focus so you can sell your coins when you feel like your profit has been reached.
Mining Currency
Mining is an extraordinary method to get some crypto coins. Yet, it doesn’t work for all digital currencies. A lot of people believe that mining is tied in with getting as many coins as possible for yourself. Nonetheless, the entire process is somewhat more confounded.
Through mining currency, an individual uses his computer to address complex mathematical equations that approve blocks of transactions. All the blocks of transactions are now made inside a protocol. They simply should be approved to be available in the market.
As a protocol, the first individual that approves it gets a part of the virtual token he validated.
Make Cryptocurrency Dividends
Did you know that you can buy digital currency and hold them for a dividend? All things considered, there are various virtual currencies that will get you paid for essentially buying and holding their digital assets. The best thing about these coins delivering a dividend to holders is you don’t need to stake them, particularly in a wallet.
A couple of examples of coins that deliver out dividends incorporate COSS, CEFF, NEO, KUCOIN, etc. Similar to the regular stocks, not all of these coins are appropriate for your portfolio; you’ll need to examine and select what appears to line up with your investment objectives.
Staking
If you have your eye on certain coins that you can’t mine, relax, because you can still get them. There are 2 fundamental strategies for approving blocks– Proof of Work and Proof of Stake.
While PoW expects users to mine the blocks and affirm the transactions through pure computational power, PoS works entirely unexpectedly. In a Proof of Stake framework, the individual to affirm the production of another block is picked in a deterministic manner, in light of the number of coins one already holds.
Staking looks a lot like a lottery game. The more coins you hold and put into staking, the more possibilities you must be picked to approve the transaction.
Payment in Cryptocurrency
Another approach to earn money with cryptocurrencies is to accept them for payment. If you have a business where you sell products or services, you can accept payment in your preferred cryptocurrency. You need a digital wallet, and to work with individuals who wish to pay in cryptocurrency.
With a little research, you can discover customers or users that utilize cryptocurrencies and wish to pay you by moving the coin through the blockchain. You should be able to ascertain a good guess of what service may cost, however, in view of the value of the coin.
After you get the payment, you could either utilize it to pay others for something or hold it until it rises in value. If the value of the coin goes up, you could see a strong profit by selling for U.S. dollars later.
Cryptocurrency Development Company
The cryptocurrency development employs recent technology for the overall business solution. Here are the lists of Top 10 Cryptocurrency Development Companies which has huge experience in providing a complete solution for the customer in a hassle-free manner.
1. Flexsin — USA & India
One of the top cryptocurrency developers is available in Flexsin Company. They have several years of experience in meeting business needs extensively. The experts offer an absolute solution for blockchain development which has been considered massively in solving issues related to storage security. The team also improves the performances of blockchain solutions to captivate the business in this competitive world.
2. Sara Technologies-India
When you are in need of developing blockchain and cryptocurrency, Sara Technology is considered to be the best company to provide end-to-end services for its esteemed customers. The team of developers is qualified to develop wallets and manage cryptocoin for the sake of the exchange platform.
However, this company ensures to provide best cryptocurrency development services which focus mainly on the customer needs & hence wonderful results for the sake of customers.
Cryptocurrency is generally preferred by government institutions & banks which carry out plenty of transactions per second. Apart from that, the team of developers in Sara Technologies has huge experience in offering cryptocurrency platform.
3. Gems Digital Media
Nowadays, cryptocurrency and blockchain are considered to be revolutionizing the storage security and data transaction. Being the topmost cryptocurrency software development company, Gems Digital Media puts its effort for the wonderful blockchain development services.
The highly experienced developers of this company have the ability to manage the customer requirements & have performed numerous cryptocurrency projects using their innovative technology and smart work.
The team of developers concentrates on the technical values & modifies it as per the business development. The blockchain developers have the capability to handle the client requirements precisely & hence provide potential results for the people. Hire the team of developer for your cryptocurrency development and avail the best solution which you want for.
4. ConCettolabs
Currently, the blockchain and cryptocurrency have been considered as the better development to offer an effective system for the integrated banking system. However, the cryptocurrency transactions can be accomplished by this time by hiring services of Concettolabs. The experienced team members ensure to offer top-notch cryptocurrency development services such as bitcoin wallet development.
This company is known to be the best cryptocurrency development company for offering hassle-free cryptocurrency transaction for the customers. This company welcomes the customers to get their cryptocurrency development in best possible manner and hence enjoy secure transaction. The experts ensure to offer superior bitcoin system to facilitate with simple transactions so that you can perform faster digital payments.
5. BlockChain App Factory
This company offers innovative and advanced cryptocurrency development and hence offers a best-in-class platform for customized bitcoin exchange services. The experts assure to provide top 10 cryptocurrency development services for the customers in a customized way to fulfill the business objective using the latest technology.
The team of experts creates independent and secure blockchain for your business progress. Other than that, the team develops cryptocurrency app development by using cutting-edge technology to offer powerful cryptocurrency values.
Blockchain App Factory is quite useful for banks to have easy access to secured cryptocurrency storage & carry out transactions on time. Users can have access to services like ICO Marketing, ICO development, blockchain app development, cryptocurrency exchange development etc.
6. Brsofttech
The Brsoftech is the famous Bitcoin development company in offering highly innovative and advanced Bitcoin wallet development techniques for the customers. The highly qualified team focuses on the flawless and professional mobile apps which depend on the transaction keys. The company frequently performs a huge amount of transactions like sending bitcoin and receiving bitcoin and storing it.
This company helps you to solve your mathematical issues easily & hence ease your bank accounts comfortably. Due to the modification with recent trends, the company offers blockchain technology development for various businesses present all over the world. The customers who are in need of cryptocurrency services can make use of blockchain developers to get good results which you want for.
7. Bacany Technology
Bacany Technology has innovative and topnotch cryptocurrency software developers to bring success to the firm and searching for new chances to enjoy continuous success. The professional experts maintain friendly relationship & wish to maintain wonderful functionality in terms of mobility service.
The company has several years of experience in creating cryptocurrency which is important for obtaining strengthened support and innovative solution for exceptional outputs. Furthermore, the astonishing experience and skills of the experts tend to meet the customer experience & bring matching solutions for your queries.
Bacany Technology needs an only shorter deadline to complete cryptocurrency development which includes bitcoin exchange, ICO development, and cryptocurrency development.
8. Accubits
Accubits is another best cryptocurrency development company created to meet the requirements of business people. Accubits take massive responsible for developing cryptocurrency and bitcoin exchanges all over the city with help of their professional cryptocurrency software developers.
However, this company is considered to be a pioneer in offering proper cryptocurrency solutions compared to other competitors. It incorporates about 600 projects & retail growth in the cryptocurrency field.
The team of developers streamlines & leverages the business development according to blockchain and cryptocurrency support. This, in turn, meets up present industrial needs and business models using the latest technology.
9. Tokyo Techie
One of the best cryptocurrency developers is Tokyo Techie which offers services on mobile app development, the blockchain, framework development, search engine optimization and digital marketing. Tokyo Techie is the best place to get cryptocurrency development for your business so that you can get the attention of customers to engage in your business and obtain numerous benefits out of it.
The potential active experts in the blockchain development ensure to fulfill the client requirement and ready to guide them through appropriate strategy, decision & build for different services. The cryptocurrency developers are having several years of experience in this field so you are sure to get high-quality results.
10 . Zab Technologies
Zab Technologies a Leading Cryptocurrency and Blockchain Development Company with 40+ Blockchain Engineers. Their Blockchain Developers completed 17+ blockchain products with Success stories.
They welcome both Start-ups and Enterprise Audiences to develop their premium services which include ICO(Initial Coin Offering) Development, Wallet Development, Smart contract Development, Private Blockchain Development, Cryptocurrency Exchange Development, Altcoin Creation, ERC20 Token Development.
As they are using the latest cutting-edge technologies to develop their Crypto-based and Blockchain projects, they are now recognized in top Blockchain Development Companies globally.
Cryptocurrency Developers in India
To assist you in your search for a partner, we’ve compiled this list of the top blockchain technology companies in India.
HashCash Consultants
HashCash Consultants is a software company based in Fremont, Calif. Their team of fewer than 50 employees is distributed across locations in Palo Alto, Calif. and Melbourne, Australia. They serve small to midmarket businesses in industries such as financial services and IT. Services include blockchain development, BI, & big data consulting.
Debut Infotech
Headquartered in Mohali, India, Debut Infotech also maintains a US presence with its Chicago office. Debuting in 2012, they’ve grown to almost 100 employees who are dedicated to both web and mobile app development.
Debut Infotech has an ongoing partnership with a leading bank to streamline processes and help the internal team track sales. Debut Infotech developed server-side iOS and Android apps that integrated with the client’s backend custom relationship management (CRM) solution.
Antier Solutions
Antier Solutions was founded in 2009. They are a software developer based in Punjab, India. Their team of 110 employees specialize in blockchain, mobile app, and web development for primarily midmarket businesses in the advertising, business services, and customer products industries.
OnGraph Technologies
OnGraph Technologies is a global software development company that specializes in blockchain, web development, and custom software development. Founded in 2007, The company is headquartered in Hicksville, N.Y. and has 250 employees. OnGraph Technologies works with enterprises, middle-market companies, and small businesses across the information technology, business services, and financial services industries.
Wow Labz
Wow Labz is a web and app development company based in Bangalore, India. Founded in 2011, the team of 63 specializes in mobile app development, web development, and UX/UI design. They work primarily with small business and enterprise clients, mainly in the consumer products and services industry.
Best Crypto Developers
Antonios Minas
Antonios is a senior software engineer specializing in front-end, WordPress, Blockchain technology, PHP, and JavaScript frameworks with more than eight years of professional experience spanning from the IT sector to digital advertising. He is passionate about applying top-end solutions and software engineering patterns in order to solve complex problems.
Máté Solymosi
Máté is a full-stack software engineer with experience working on web applications and cloud systems of all sizes, from small greenfield projects of startups to complex legacy systems of large enterprises.
He prides himself in designing scalable, future-proof architectures and writing clean, maintainable code. Máté also has a degree and experience in business, allowing him to deliver solutions that add the most value to your product.
Fabrice Triboix
Fabrice is a cloud architect, DevOps engineer, and software developer with 20+ years of experience. He worked for clients such as Topps, Cisco, Samsung, Philips, and Alcatel. He specializes in designing secure, highly available, scalable, and cost-effective solutions on AWS. He’s also assumed managerial positions in the past as a team leader and release manager. He is very keen on automation, IaC, and CI/CD, and he can code in Python.
Chris Wagner
Chris has over fifteen years of experience developing software, with over a dozen focused around web technologies. He has written applications in languages ranging from the dynamically-typed scripting family (PHP, Ruby, etc) to cutting-edge ‘functional’ offerings including Scala and Haskell. He’s particularly excited about Bitcoin at present, believing crypto-currency could change money the way the Web changed how we access information.
Arthur Islamov
Arthur is a professional web software engineer. In last eight years, he has made his way from creating small corporate websites to complex services with more than a million hits per day. During that period, Arthur has worked alone, with teams, hired his own teams, and helped others as a consultant improving their project’s code and performance.
Crypto Coin Developer
Crypto coins are disrupting the global financial industry, reinventing the way we transact. Reducing the settlement time, eliminating the middleman and boosting the security quotient, cryptocurrencies have established themselves as a cornerstone of more secure, quick and transparent transactions.
To leverage these benefits of digital currencies, many start-ups and established organizations across the globe are venturing into coin development, which has fueled the demand for cryptocurrency development services.
Embrace digital transactions by harnessing Antier’s strategic coin development services to foster your business growth. Their global team of experts works with each client to help build intelligent strategies around effective use cases and implementation.
They have real-world experience delivering comprehensive offerings – from ideation and coin development to launch and marketing – to our clients across a host of industries. Our in-depth knowledge coupled with our technical prowess accelerates and simplifies the Ethereum coin development process.
Antier navigates your coin development journey by building a completely new blockchain from the beginning. Our blockchain developers, together with business analysts and project managers possessing deep domain expertise, devise a comprehensive, mission-driven approach to coin development.
From choosing a consensus mechanism or the right blockchain platform that aligns with your business objectives to establishing blockchain’s internal architecture, we ensure efficient management at every step of crypto coin development.
Blockchain Programming Books
If you are also interested in building a career in blockchain development, here is a list of top 5 books every blockchain beginner should read.
1. Blockchain: The blockchain for beginners guide to blockchain technology and leveraging blockchain programming by Josh Thompson
If you are just beginning your learning journey in the blockchain development, this is the book for you. Along with the historical context and the innovation behind the concept of blockchain, the author, Josh Thompson provides the technical understanding of each building block of a blockchain. The book is written with a practical approach and guides you through the whole process of creating your own blockchain and dApps.
2. The Book of Satoshi by Phil Champagne
This book is an absolute gem for novice blockchain developers. It contains a definitive collection of notes, papers, emails, blog posts and other writings of the most mysterious person on the planet known as the father of Blockchain, Satoshi Nakamoto. The book also provides Nakamoto’s explanation about Bitcoin and how it works. You must read this book if you want to understand the blockchain concept from the eyes of its creator.
3. Mastering Bitcoin: Unlocking digital cryptocurrencies by Andreas M. Antonopoulos
Again, a wonderful guide for all the techies from blockchain developers to engineers, to software and systems architects, this book delivers almost all the information that you need to know, with simple and straight to the point code samples. The book takes you on the journey of learning blockchain and bitcoin scratch with an easy to understand language and a deep explanation of each element.
4. The Blockchain Developer by Elad Elrom
The Blockchain Developer is written primarily keeping developers in mind. The author explains every term in the book with great enthusiasm and deepest explanation possible. The book is definitely an eye-opener for those who don’t know the applications of blockchain other than cryptocurrency. From creating your own blockchain to building the dApps and smart contracts, this book covers all the topics in elaborative manner.
5. Bitcoin and Cryptocurrency Technologies by Arvind Narayana et al
A collective effort of Arvind Narayana and several other blockchain experts, the last book in our list is the bible of blockchain developers. Suitable for students, developers, business owners, researchers, and other enthusiasts, the book provides everything a learner wants to know about the technology.
All the core concepts of blockchain, like decentralization, mining, blockchain governance system, cryptocurrency, distributed-ledger etc. are thoroughly covered in Bitcoin and Cryptocurrency Technologies. Also, it features a website that offers videos for each chapter, homework, programming assignments, and lecture slides.
Are Blockchain Developers in Demand?
If you are confident that you have what it takes to become a blockchain developer, this is a golden time for you as opportunities in the blockchain domain are thriving. Out of every five blockchain developers, there is one eligible blockchain developer out there who fits the bill of companies.
Fortune 500 companies like IBM, Accenture, Capgemini, etc. are always on the lookout for skilled blockchain developers. The demand for blockchain developers is increasing without a pause. There is a rapid surge of interest in blockchain jobs as the most prominent industries are in need of high-quality talent.
After the cryptocurrency bull market of 2017, there has been a meteoric rise in demand for blockchain developers and blockchain engineers. As of 2019, the global demand for blockchain engineers is above 517% over the last year
What do Crypto Developers do?
Today blockchain applications transforming the world of technology. Blockchain developers handle the entire life cycle of a blockchain application. This means you’ll be responsible for the research as well as the execution of the application.
They create the architecture of the system, make smart contracts, and optimize the protocols. As you must’ve guessed by now, they handle a lot of responsibilities, and that’s why they need to learn many blockchain skills to answer all the challenges in blockchain development.
How to Become a Blockchain Developer After 12th
To be a blockchain developer, you should have basic knowledge about blockchain development tool. You should be familiar with the terms like Blockchain, Decentralized, Consensus Mechanism and Miners. You should also have in-depth information about these terms otherwise you might get confused during the further process of development.
The budding developers, who do not have any real-world experience with cryptocurrency are advised to buy a few crypto tokens, which are available in their country so that they could learn its whole process.
As Blockchain is an open platform, therefore, it is easy for anyone to hack it and then getaway. To make the blockchain more secure the developer needs to change the coding time-to-time so that no one can easily intrude the platform.
Recently, many institutions across the world are providing an Undergraduate course to the students who want to be a blockchain developer.
Let’s have a look at some emerging blockchain training institutes in India:
- Simplilearn: An online institution that provides a short-term course of Blockchain. In this short-term course, the student will get detailed knowledge of Blockchain’s origin, its objective and challenges. The student will learn to develop Blockchain using Mining methodology.
- Edureka: Another certified online institution helps the student to understand the underlying mechanism of Bitcoin transaction systems. The student would also get to know about the concept of Cryptography and Cryptocurrency, Blockchain Networks, Bitcoin Mining and Security, Multichain, developing smart contract on Ethereum and Hyperledger Platform.
- Intellipat: It offers definitive training in blockchain programming, bitcoin mining, architecture, applications and many more.
- MindMajix: World’s leading certification training provider emphasizes on the key concept of Blockchain and Smart Contract Theory. The course provides technical knowledge about the blockchain.
- NareshIT: While training the blockchain developers the expert give them real-time scenario so that they could learn more about it.
- Open Source Technologies: The High-level Knowledgable Industry Experts have designed the whole Blockchain course for the developers.
Blockchain developers should have adequate knowledge of its tool and coding so that they would be able to make a secure platform for the users. In the present time, the budding developers have many options from where they could get learn more about the blockchain. Hopefully, this blog will have provided you with detailed insights into how to become blockchain developer after 12th standard.
How to Become a Blockchain Developer in India after 12
To launch your blockchain career in India, the minimum requirement is a bachelor’s degree, a certification in blockchain from a recognized college or university, and an aptitude for blockchain technology.
Currently, there is a limited talent pool in blockchain and certified professionals are high in demand. In fact, Gartner’s new business value forecast methodology predicts that Blockchain’s overall business value to be more than $176 billion by 2025.
As one of the fastest-growing technologies in India, Blockchain offers a plethora of entry-level and mid-to-senior level positions for skilled professionals. Here are some of the most in-demand and highest-paying jobs in India:
- Software engineer
- Product manager
- Risk analyst
- Tech architect
- Business Analyst
- Blockchain Developer
- Crypto community manager
- Front end engineer
- Backend Developer
- Blockchain Site Reliability Engineer
Blockchain Developer Course
edX offers numerous blockchain tutorials and classes for people of different skill levels. If you are just starting to learn about it, The University of Berkeley offers a program called Blockchain fundamentals where you will learn core topics in cryptocurrency, including Bitcoin, and blockchain technology.
You will synthesize your own blockchain solutions, gain an in-depth understanding of the specific mechanics of Bitcoin, bitcoins’s real-life applications and learn how to attack and destroy Bitcoin, Ethereum, smart contracts and Dapps, and alternatives to Bitcoin’s Proof-of-Work consensus algorithm, and much more.
For students with advanced technical backgrounds, the Linux course offers the opportunity to work with enterprise-ready Hyperledger blockchain frameworks. Set up Hyperledger Sawtooth and Hyperledger Fabric and develop applications. The 8-week online course is free and open for anyone to enroll. Start your path to become a blockchain developer today.
Explore additional courses in network security, data management, cybersecurity and more on edX. Many courses are self-paced so you can enroll and start learning today.
How to Become a Blockchain Developer From Scratch
Now, this is the step-by-step overview of knowing nothing about Blockchain to landing your first blockchain developer job. This can actually be done; many people have learned blockchain development without prior programming knowledge.
Step 1: Obtain Cryptocurrency
Making a payment with cryptocurrency is the best introduction to blockchain because you will gain familiarity with how the technology works. By sending cryptocurrency, you will see what it’s like to create a wallet and initiate a transaction.
Of course you’ll need some cryptocurrency in order to do this, so you can purchase some on a website like Coinbase.com, or you can try this for free with fake cryptocurrency on an Ethereum test network like Ropsten, for example.
Step 2: Create a Wallet
Setting up your wallet, as explained earlier involves you installing the meta mask extension on your chrome and setting up your cryptocurrency account. You can hold the cryptocurrency on your public wallet.
Step 3: Follow a Step-by-Step Tutorial
Now it’s time to follow a step-by-step tutorial that will teach you the basics of how blockchain works, as well as the fundamentals of the programming languages. The easiest way to get started is to use the in-browser approach that I described earlier.
Alternatively, you can build a full project step-by-step with the second method I described earlier. This will require you to set everything up on your local computer, but it will give you an in-depth knowledge on the skills required to become a professional blockchain developer.
Step 4: Build a Real-World App
Once you have followed an introductory step-by-step tutorial, it’s time to take the next step and build a real world project. This will look much like the previous step, as you will still follow step-by-step instructions. However, it’s much more in depth and advanced because the final result will be a real world application, as opposed to a beginner tutorial. This is designed to show you the required skills for professional level development.
Step 5: Unguided Development
Once you have built a real world project with step-by-step instruction, it’s time to move onto the next phase and build a real world application without step-by-step guidance. This will solidify your learning skills and show potential employers that you have viable skills.
In order to do this, you can take an existing project and add new features without guidance, or build something on your own from scratch! Get creative. The goal here is to think of a new problem that you’d like to solve with blockchain, and then write the code to implement it.
Step 6: Create Your Portfolio
Once you have done your unguided development, it’s time to create your portfolio. This will show potential employers what you can do, so you want to add all the projects you’ve worked on in your portfolio. It’s alright if these are tutorial projects!
Your portfolio will also contain your “about me”, resume, and links to the source code for your applications. This is your chance to sell yourself and showcase the quality of your development skills, as well as personability and communication skills.
Step 7: Apply for Jobs
Once you have created your portfolio, it’s time to start applying for jobs. You can do this in many ways: online, in-person, through referrals, or personal networking. There are a number of online tools that streamline this process. For example, hired.com matches employees to employers.
When you sign up, you specify your salary requirements, your experience level, and you get matched on the platform. Another way to find jobs is to attend conferences and local meetups. You can always check if meetups are happening in your area, as they can be a huge opportunity.
If meetups aren’t happening, then it might be worth traveling sometimes to go for international meetups. You can get to meet other people in the industry and they can get to know you and what you can do.
Step 8: Land the Job & Celebrate!
After you have done all of the steps above, it’s time to land a job as a blockchain developer! Yay! Now congratulate yourself because you have done great work and have come a long way.
So this is how you move from zero to highly paid blockchain developer. This doesn’t happen in one night though, it requires constant hard work and practice till you become very skillful and experienced.
What do You Need to Become a Blockchain Developer?
Because Blockchain is such an emerging concept, no single person could pretend to be a master in every Blockchain developing skill. So, for this reason, we will talk about five top skills that are essential for any Blockchain Developer.
- Data Structure-
Data Structure is the first essential skill that a Blockchain programmer should have. For the advancement and deployment of systems, blockchain engineers must engage with the data structures skill promptly. The entire Blockchain system is made up of data structures.
Moreover, we can also say that a block is indeed a data structure. Because of their encapsulating data structure and the public ledger functioning as the Blockchain, blocks behave as groups of transaction activities associated with the open register.
Data structures are amongst the most critical Blockchain abilities since they aid in comprehending the underlying behavior of the most primary element in Blockchain, the block.
In the Blockchain Platform, some blocks consist of a header. Now, this header is much smaller than a block. Knowing about data structures will aid in the development of a solid basis for grasping complex topics more quickly and effectively.
Let’s see the working of data structure in Blockchain-
According to the blockchain structure, a unit of information collected within a block can be denoted by any sort of value. It could be a property, a piece of a corporation, a computerized proof of ownership, an election vote, or something else entirely.
The information is encoded as well as saved in the block. The encrypted identification of the transmitter and recipient are also stored in a digital encoding block. The characteristics of the sellers and buyers, for instance, will be included in a league of e-commerce operations.
In a Blockchain, each block seems to have a hash responsible for defining the block and its contents. Any modifications made within a block will modify the hash. As a result, a hash generally identifies block modifications. In contrast, a block includes the preceding block’s hash.
Consider a blockchain with three blocks: the 3rd block has the hash of the 2nd block, while the 2nd block contains the hash of the 1st block. Any modifications to any block can cause the hash of that particular block to modify, rendering the entire chain incorrect. A hash function is an excellent tool for determining information modifications in blocks.
- Smart Contracts-
For all prospective experts, smart contracts are quite a challenging approach among the other Blockchain skills. Newcomers in Blockchain should be aware that smart contracts have been a popular concept in the business since the launch of Ethereum. In reality, all Blockchain platforms aspire to use smart contracts in their favor.
Smart contracts allow for the exchange of goods and services, avoiding the use of a middleman. Smart contracts are mainly performed if all individuals engaged in the transaction have met their contractual obligations. The decentralized structure of Blockchain contributes to the productivity of smart contracts.
Let’s see the working of smart contract in Blockchain-
Basic “if/when…then…” lines are put into the program on a blockchain to make intelligent contracts run. When preset circumstances are satisfied and validated, the activities are carried out by a system of computers.
These activities could also include transferring payments to the appropriate parties, certifying a vehicle, providing alerts, or delivering a ticket. When the payment is made, the blockchain is revised. That implies the operation can’t be modified, and the outcomes are only visible to those who have been given access.
There could be numerous specifications as required in a smart contract to convince the parties that the operation will be executed correctly. Members must acknowledge how activities and associated data are displayed on the blockchain, decide on the “if/when…then…” standards by providing those activities, investigating all possible exceptions, and designing a mechanism for handling issues to set the conditions.
Let see how it makes our transaction safe. Blockchain transaction data are encoded; they are challenging to breach. However, One of the primary purposes of using a smart contract is for its top-notch safety. Furthermore, as each transaction on a distributed network is linked to the preceding and following entries, cybercriminals would have to change the chain to alter a data item completely.
A programmer could then code the smart contract. However, firms that use blockchain for trade progressively provide frameworks, web applications, and other digital tools to make intelligent contract construction easier.
- Cryptography-
Cryptography is a methodology for designing procedures and algorithms to prevent a foreign entity from reading and learning content from personal messages throughout a communication session. Kryptos and Graphein are two old Greek concepts that mean “disguised” and “to record,” respectively, are also used in cryptography. Cryptography is defined by several words, which are as shown below:
- Encryption –
Encryption transforms plaintext (ordinary text) into ciphertext (which is a random sequence of bits).
- Decryption–
Decryption converts an encrypted message into unencrypted text, which is the opposite direction of encryption.
- Critical–
A little bit of data necessary to trigger the cryptographic algorithm’s outcome is key.
- Cipher:
A cryptographic procedure that converts plaintext to an encrypted message using a mathematical algorithm.
Let’s figure out how many types of Cryptography are there-
To comprehend cryptography in blockchain, one must first understand the various sorts of cryptography. Cryptographic methodologies can be performed in three different manners:
- Symmetric-Key Cryptography–
It is an encrypted approach where we only use a unique key. This shared key is being used in both the encrypting and decrypting processes. The challenge of safely passing the key from the sender to the recipient arises when using a unique standard key. Secret-Key Cryptography is another name for it.
- Hash Functions–
Hash functions are a sort of encoding that does not require keys. It generates a hash code of a defined length from data using a cipher. The meanings of text format are complicated to derive from the ciphertext.
- Asymmetric-Key Cryptography–
In this process, only a pair of keys are used. Those keys are an encrypted key and a decrypted key. Both of these keys are referred to as the public key and a private key, accordingly. This algorithm generates a key pair consisting of a private key and a unique public key, both of which are obtained by using the same process. Public-Key Cryptography is another name for it.
- Asymmetric–
Essential methods and hash functions are the two main types of cryptographic techniques used in blockchains. Hash functions are employed to give each member the capability of a single opinion of the blockchain. The SHA-256 hashing method is commonly used in blockchains as a hash function. Hash functions play an essential part in connecting blocks and ensuring the authenticity of the information kept within each block.
- Interoperability skills –
The potential to view and collect information across many blockchain systems is known as interoperability. For instance, if someone sends data to some other blockchain, will the receiver read, understand, and respond to it with minimal effort? Unfortunately, this is not achievable at present because information cannot be shared across the Bitcoin and Ethereum blockchains.
One of the most basic ways to achieve interoperability between blockchains is to make data capacity transfers easier. This is accomplished by using application programming interfaces (APIs), which are developed to accommodate information to be exchanged with each other. APIs are a well-known tool that doesn’t usually necessitate particular blockchain programming expertise to use.
On the other hand, APIs do not require a management structure, which makes them accessible and convenient and a wrong long-term solution for organizing interoperability. They necessitate one-to-one connection between blockchain platforms, which is not efficient and increases friction to teamwork by introducing a commercial discussion between the systems.
APIs deliver data contents throughout platforms at that moment, but they don’t necessitate a cross-platform verification of consensus methods. To put it another way, it’s entirely feasible that data transmitted from one system was not validated by a simple blockchain process beforehand.
Considering those disadvantages, developing a data format as soon as feasible is the best strategy to facilitate interoperability in areas where blockchains are still widely scattered. There must be a fundamental conceptual model for achieving scaled interoperability.
But if it is not available in the essential elements of the technology stack, it must emerge from the data stream directly.
- Blockchain Architeture-
Blockchain architecture is evident Blockchain expertise on a portfolio that will attract attention. Blockchain architecture is a crucial idea in Blockchain that all experts should be familiar with. It’s critical to comprehend the importance of a ledger in Blockchain, the definition of consensus, and how smart contracts function.
Three forms of Blockchain architecture includes private architecture, consortium architecture, and public architecture, must all be mastered.
A public blockchain format makes that everyone who wants to be involved can access the information and use the platform (e.g., Bitcoin, Ethereum, and Litecoin blockchain systems are public).
All information is accessible to the people in a public blockchain, meaning anyone can participate in the entry process. But at the other aspect, this is inefficient because it takes a long time for each additional entry to be accepted into the blockchain infrastructure.
Unlike public blockchain technology, private blockchain technology is only managed by members from a single business or approved clients who have been invited to participate. Because it is managed by a single organization and has more anonymity, a private blockchain is more centralized. A public blockchain, on the other hand, is open-ended and, therefore, decentralized.
Compared to private blockchain systems, the timeframe for single transaction activity on a public blockchain is far less eco-friendly because it demands a large quantity of computing power.
Now comes the consortium architecture, which is not decentralized, and all network participants have complete control. As a result, consortium architecture is appropriate for use cases involving multi-organizational groupings. The Public Blockchain architecture is the most decentralized, allowing anybody to participate in the system by executing transactions and mining.
Some components of Blockchain Architecture-
- Node – it is a user of blockchain architecture.
- Block – it is a data structure.
- Chain – a series of blocks in a precise order.
- Miners – a particular node involves in the block verifying process.
Do You Need a Certification to be a Crypto Trader?
While there is no shortage of confusing, vague, and sometimes contradictory guidelines in the context of cryptocurrency regulation, the question of whether or not trading cryptocurrency as an individual may require regulatory compliance, including money transmitter licensure, is among the most confusing and unsettled.
Cryptocurrency businesses engaged in money transmitter activities (i.e., most cryptocurrency businesses) are required to comply with various state and federal regulations aimed at curbing financial crimes like money laundering and supporting consumer protection efforts. But what about individual traders?
Day traders in the traditional market have certain caps and rules they must comply with, so what about individuals engaging in similar activities, but in the crypto market? Most opinions have agreed that the answer is “mostly no,” but often with caveats and qualifiers depending on who you ask.
But one area that is not ambiguous at all is peer-to-peer, or P2P trading. While individuals trading on an exchange platform are not typically thought of as engaging in money transmitter activities, individuals trading on P2P platforms in fact are (and have been all along).
Within the cryptocurrency industry, the status of P2P traders as money transmitters has long been settled. P2P traders are money transmitters, subject to the same regulatory compliance expectations as exchanges and kiosk operators, even without their knowledge.
But do they require state money transmitter licensure?
As the regulatory environment continues to change rapidly, it’s worth revisiting this question and understanding why this is the case, especially as state regulation continues to evolve and P2P trading compliance obligations increase.
How do You Start a Career in Blockchain Technology?
In simple words, you can think of Blockchain as a Google spreadsheet that is shared by a vast number of systems all across the globe. The spreadsheet is connected to the internet, and every time a transaction takes place, the details of it get recorded in the rows of the spreadsheet.
Anyone with a computer or mobile device can access the spreadsheet after connecting via the internet. Also, everyone accessing the spreadsheet can view or add transactions in the spreadsheet, but cannot edit the information already present in it.
Through this software, people can add Blockchain to their programming skill. The best part of this approach is that there’s no need to learn to code before learning this technology. Thus, an interested neophyte can learn Blockchain and use it eventually for either personal or professional purposes.
A better approach to learning Blockchain is to find the essential fundamentals that are driving this global phenomenon. After all, this is a revolutionary technology that can change one’s life significantly, and entering the world of Blockchain technology can render long term dividends. But still, one has to be very cautious about how to initiate it.
The Fundamentals
By now, you might be thinking of the easiest way to begin your journey in the Blockchain space. Well, if you are a beginner, there are specific basic terms that you need to know, like :
- Blockchain It is generally a chain of blocks. Each block contains some sort of value or data that is cryptographically stored in it without any central supervision.
- Decentralized and Distributed Ledger A system that is not governed by any central authority.
- Consensus Mechanism This is a method in which a decentralized network comes to a consensus on some specific objectives.
- Miners The users who use their systems to mine for blocks or authorize them.
Apart from the terms mentioned above, you should also be aware of the studies in computer science fields introduced to Blockchain technology. These fields are categorized as Cryptography, Distributed Computing, and Mechanism Design.
Cryptography
Cryptography refers to the study of finding ways to establish secure communication between computer systems.
To know the magnitude of cryptography, here’s a stat – a piece of information in Bitcoin cryptography can secure a value as high as $300,000,000,000. This digital trend will continue to surpass the more traditional methods of how our society makes safe the information or properties that we consider valuable.
Cryptography is an essential part of Blockchain, because the private and public keys are cryptographically encrypted, making it nearly impossible for anyone to hack them. Therefore it is recommended that you learn cryptography before learning Blockchain.
Distributed Computing
Bitcoin designed the first useful distributed trusted network across the world by introducing techniques like digital signatures, one-way functions, distributed computing, mechanism design, etc.
Before the release of bitcoin, torrenting websites were the only thing that could be considered comparable to globally distributed peer-to-peer network nodes. Although many of these websites were fairly good, they missed rendering proper incentives for people to work ethically and accurately within the network.
Anyone could post anything without any consequences, things such as malicious software or subject matter that violated copyrights. Also, there were no rewards for uploading quality information.
Mechanism Design
Mechanism design is yet another confusing part of Blockchain technology that is nevertheless extremely important. A cryptographer alone may protect the information, but there has to be some incentive for owning that information. For it to have any worth (and to prove it may not be double-spent), a distributed computing engineer might connect a network of computers to spread information.
However, if there is an imbalance in the incentives created, it makes for a lesser safe network such as the aforementioned torrenting sites. Mechanism design eliminates these issues and provides a safe working space for Blockchains.
Although Blockchain is a decentralized technology, the advent of miners, mining, and building blocks has challenged the basic idea that Blockchain is a decentralized network. This is where the nature of mechanism design can help in securing the digital assets and can provide you with a great platform before learning Blockchain.
Blockchain Developer Roadmap
According to global data Worldwide spending on blockchain solutions is expected to grow from 1.5 billion in 2018 to an estimated 15.9 billion by 2023. Blockchain is one of the most talked-about technologies in business right now. The demand for Blockchain developers is rising day by day.
Learn Blockchain Technology
First get yourself equipped with knowledge of basic cryptography hashing, distributed systems and networking, object oriented concepts and data structure. It helps you to get a strong hold over Blockchain technology.
Then start with Blockchain Basics :
Blockchain Technology
Working behind the transaction
Public, Private and consortium blockchain
Consensus algorithm
Bitcoin is the first use case of blockchain technology so you must read the whitepaper written by Satoshi Natamoko. It gives you a thorough understanding of blockchain technology and what problem it solves.
After grasping all the concepts let’s dive into the development part:
Solidity language:
Solidity is an object-oriented, high-level language for implementing smart contracts. Smart contracts are programs which govern the behavior of accounts within the Ethereum state.
After learning Solidity language you can build smart contracts. For beginning you can use remix Ide.
Remix-Ide: Remix IDE is an open source web and desktop application. It fosters a fast development cycle and has a rich set of plugins with intuitive GUIs. Remix is used for the entire journey of contract development as well as being a playground for learning and teaching Ethereum.
Congratulations!!! Now you are good to go to start development in your local IDE.
Truffle is a development environment, testing framework, and asset pipeline all rolled into one. It is based on Ethereum Blockchain and is designed to facilitate the smooth and seamless development of DApps.
Ganache is a personal blockchain for rapid Ethereum and Corda distributed application development. You can use Ganache across the entire development cycle; enabling you to develop, deploy, and test your dApps in a safe and deterministic environment.
web3.js is a collection of libraries that allow you to interact with a local or remote ethereum node using HTTP, IPC or WebSocket.
To make your learning process smooth and easy, I’ll highly recommend you to refer Certified Blockchain Expert course offered by Blockchain Council.
It is an online program that provides you with a deep understanding of blockchain technology. It helps you to build Blockchain-based applications for businesses. As demand for Blockchain professionals is soaring, this Blockchain certification will prove to be your competitive advantage giving enterprises confidence in the quick hire.
Learn Blockchain Development
Course | Our rating (out of 5) | Cost/ Fees | Duration | Components | Mode Of Teaching |
---|---|---|---|---|---|
Build a Blockchain and Cryptocurrency | Full-stack Edition | 4.5 | $19 | Self-paced | Build a blockchain and crypto using Node.js, Jest, Express, React, Heroku. | Online |
Blockchain Developer Online Bootcamp 2020 by Consensys | 5 | $985 | 11 weeks | Learn to develop for Ethereum from scratch to professional level. Networking, alumni networks | Online |
Ethereum Blockchain Developer Bootcamp with Solidity (2020) | 5 | $19 | 13 lecture hours in total, self-paced. | Become a Ethereum blockchain developer using Solidity, Web3.JS, Truffle, Metamask, Remix and others, all in one course. | Online |
Blockchain for Developers by Lighthouse Labs | 4.5 | $3500 | 12 weeks | Code applications on blockchain for beginners and professionals. | Offline |
Bottom Line
Given the high demand for blockchain, there is increased hiring of professionals around the world. The same case applies to the demand for blockchain developer courses and training. Most of this training happens online through online tuition platforms and as Udemy.
Read Also: 10 Quick Steps to Earn huge Interest on Cryptocurrency
Blockchain developers can work as stack or blockchain software developers. If you are eying for a blockchain developer job, you need to first pursue coding in between one and 10 programming languages used in coding for blockchain. You also require specific training in blockchain basics and applications.
For beginners, it can take about 2 years to become a professional developer, right from scratch. Start off by taking courses such as the Become a Professional Programmer Course and extending the application to the blockchain by joining other short courses. Those already with proficient or beginner coding skills can start with more advanced courses.