How to become a blockchain developer

Wondering how to become a blockchain developer and make the good money?

You came to the right place!

In fact, Railsonwave is always the right spot for blockchain wisdom 😀 

The blockchain is indeed a genius invention by an anonymous person/group known as Satoshi Nakamoto who wanted a decentralized ledger for recording Bitcoin transactions. The whole saga began in 2008 and there has been no stopping the bandwagon ever since.  The purpose evolved from a mere digital ledger to contracts, notary and much more and the demand for blockchain developers has shot up.

Let’s see who exactly a blockchain developer is and how you can become one too.

What is Blockchain development?

Blockchains are digital ledgers that are programmed to record anything of value like transactions, agreements, and contracts. Instead of being stored centrally as in case of a traditional ledger, the blockchains are completely decentralized with the data being stored across hundreds of computers situated geographically apart, which are part of the network. Any transaction or modification of data in a blockchain can take place only with mutual consensus.  Hence, it is nearly impossible to corrupt the data stored in blockchain.

The data is hosted by millions of computers simultaneously and is accessible to anyone on the network. Being fully public and easily verifiable, the blockchains are regarded as the most secure form of data records.

The concept of blockchains was initially introduced in 2008 by Satoshi Nakamoto for solving the double spending problems associated with cryptocurrency. Later on, it took over everything from the ways the contracts are executed (Smart Contracts) to notary and much more. Today, companies like IBM, Samsung, and even some car manufacturers are ushering in an era of revolution in technology with blockchain application development.

Someone who builds a blockchain is called a blockchain developer.

Blockchain development relies a great deal on computer programming and one needs to be a dab hand at programming languages like Python, C++ etc to become a blockchain developer.

Why should you become a blockchain developer?

For starters, they make from $100 per hour.

If that’s not a good enough reason, then there is more.

In 2016, around $ 1 billion was invested in the blockchain industry. For an industry that is quite nascent and still in the pursuit of a solid rock to anchor to, this figure would be quite a little shock.

There are a lot of companies around the world that are looking for seasoned hands at blockchain development. With a bit of research, sound knowledge of programming languages and a bit of effort, you can contribute heavily in this space and make it big, since the demand is high.

In fact, blockchain development is one of the highest paying profession in the world, even with just three years of experience counting to a handsome pay.

Though there were many apprehensions and unexpected ups an downs that the blockchain industry faced, we can safely say that it has now found its foothold and there is a huge flow of money into the industry.

Where there is money involved, growth prospects are immense!

Blockchain development is a lucrative and at the same time, an interesting career opportunity.

What does a blockchain developer do?

With a rapid growth in the blockchain ecosystem, there is a huge rise in the demand for specialized blockchain developers. At the moment, they are the golden geese in Silicon Valley. The industry offers the highest paying jobs as even the centralized financial institutions are investing fortunes to explore blockchain technology.

As per a recent estimate, blockchain developers in the United States of America earn $ 130k per year in comparison with software developers who earn just $ 105k per year. Certain freelance blockchain developers charge $150 per hour. There are certain rumors circulating that several of the blockchain developers are multi-millionaires today. They were paid in Ether and with the price of Ether skyrocketing every now and then, this was bound to happen.

There is no longer any need of justifying blockchain development as a career option. So, do you possess the right skill set to become one? Read on to find out the answer.

The blockchain industry demands three major skills.

  1. Hyperledger Fabric – It is an enterprise blockchain framework that is focussed on modularity and scalability to support the frequently modified business rules.
  2. Ripple development is a payment protocol for remittance, payments, and exchanges.
  3. Solidity is the programming language that is used for smart contract development on Ethereum network.

Blockchain developers would have a strong mix of skills in areas like computer networking, cryptography, algorithms and data structures. They would also have experience in at least one specific type of blockchains like bitcoin or Ethereum.

These blockchain developers create and implement digital solutions for organisations by making use of blockchains.

How much does a blockchain developer earn and what are the perks of being a blockchain developer?

To put in blunt and straight, people are making a lot of money out of blockchain development. In the United States of America, blockchain developers are being paid around $130,000 per year while in Europe, it is between $120,000 and $180,000 per year. In Great Britain, the newbies are paid anywhere between $50,000 and $60,000 and seasoned programmers earn $90,000 to $ 140,000  every year.

These figures are based on the data available online; hence, the pay may vary from company to company and client to client.

Developers with a great deal of experience are providing consultations on Blockchain Technology and are charging $50 to $150 per hour.

You will be mildly shocked to know that every blockchain developer in the US receives at least 5 job offers per day. There is so much dearth of blockchain developers that there are 14 job offers per developers globally.

There are around 8,000 to 10,000 people in the world who can develop blockchains with varying levels of proficiency. This could rise to 100,000 in next year or so if there are proper resources and training made available to aspirants.

If you are aspiring to be a blockchain developer, then there would be no turning back. Blockchains are here to stay and there would be zillions of offers awaiting you once you develop the right skill set.

Go ahead, you will not be disappointed!

Where can you learn Solidity? – Solidity Online Courses

A solidity is a contract-oriented programming language that is employed for the development of smart contracts. It is influenced by C++, Python, and Javascript and is designed to target the Ethereum Virtual Machine.

Here us a list of course materials available online where you can sign up for learning Solidity.

1. Ethereum and Solidity: The Complete Developer’s Guide

    • Price: 10 USD
    • Created by Stephen Girder
    • The course will cover the following topics:
      1. Design, test, and deploy secure Smart Contracts.
      2. Understand why engineers would want to create an app with Ethereum.
      3. Use the latest version of Ethereum development tools (Web3 v1.0)

2. Become a Blockchain Developer with Ethereum and Solidity

    • Price:  10 USD
    • Created by Sebastien Arbogast and Said El Oudrhiri
    • The course will cover the following topics:
      1. Understand the basic philosophy behind the blockchain and distributed/decentralized applications.
      2. Develop a distributed application, from creating a blank project to deploying it in production all the way through writing smart contracts, unit testing, and creating a user interface for them.
      3. How to combine the right tools to put together a consistent and real-world pragmatic development environment
      4. The fundamentals of the Solidity smart contract language
      5. How to use the Truffle build and testing framework (covers Truffle 4)
      6. How to deploy a decentralized app to various Ethereum instances (testrpc, private chain, test chain, main net)
      7. How to unit test smart contracts

3. Ethereum Smart Contracts

    • Price: Free
    • Created by What The Func?, a Youtube Channel
    • The course will cover the following topics:
      1. State, Functions, Modifiers, and Events
      2. Payable functions
      3. Inheritance
      4. Contract To Contract Communication
      5. Libraries

4. Smart Contracts and Decentralized Apps 101

    • Price: Free
    • Created by DesignCourse, a YouTube Page
    • The course covers the following topics:
      1. Solidity and Ethereum basics.
      2. Interact with smart contracts from a UI.

5. Discover Ethereum & Solidity

    • Price: $29.99
    • Created by Tristan Edwards
    • The course covers the following topics:
      1. 19 lessons from the basics to the creation of ICOs.

How to become a blockchain developer?

Now that you know all about blockchain development and the perks and privileges of being a blockchain developer, here is a list of top five online courses on Blockchain development.

1. Ethereum Blockchain Developer: Build Projects Using Solidity

  • Price: $195
  • Created by Ravindar Deol

2. Certified Ethereum Developer Course, B9Lab

  • Price: $1800
  • Created by Elias Hasse

3. Bitcoin and Cryptocurrency Technologies, Princeton University, Coursera

  • Price: Free
  • Created by Arvind Narayanan

4. IBM Developer Works, Blockchain Essentials

  • Price: Free
  • Created by Coursera peeps

5. IBM Developer Works, IBM Blockchain foundation developer

  • Price: Free
  • Created by

No doubt, blockchain development is a very exciting and promising career opportunity. With the expansion of blockchain technology to many more areas of businesses, the career prospects seem to shine even brighter. If you have some basic knowledge and skill in coding, there are various course material to learn blockchain development online.

To discover more awesome ways how to make a quick buck with crypto – here are awesome guides:

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