7 Things to Consider Before Becoming a Blockchain Developer

March 04, 2020

Developers, developers, developers! Wouldn’t you say it’s one of the hottest expressions used these days? You’ve got your application developers, front and back-end developers, web developers, and the list goes on and on. There is, however, one increasingly sought-after “specimen” on the scene—blockchain developers.

The blockchain industry is continually moving forward, and many people see possibilities for this technology to become one with all aspects of everyday life. That’s why many people want to become blockchain developers. As mentioned, this profession is gaining worldwide traction, as the industry is estimated to reach $2.3 billion by 2021. 

It is, indeed, becoming a very lucrative job opportunity. If you make a basic comparison, you’ll notice that software developers can earn around $80 thousand on average whereas blockchain developers earn north of $150 thousand per year.

However, tackling this new technology presents many challenges. In this article, we will go through some of the things you need to know before you start your journey on your way to becoming an actual blockchain developer.

1. Know and own the basics

The very essential step involves knowing the foundation of the blockchain system before tackling complex algorithms. At first glance, it might seem like it is a complicated process. In reality, it all comes down to three—very much constantly reiterated—principles:

  • Decentralization
  • Immutability
  • Transparency

Since blockchain isn’t controlled by a central authority, it can’t be governed. Every piece of information stays on the blockchain forever.

2. Pick up an online course

If you don’t want to make it “physical,” online courses are a pretty good way to start learning about blockchain. They have been perceived as fruitless in the past, but, as is the case with all things, times change. 

They can provide very useful information that will come in handy, whether you’re looking for basics or even want to get into more intricate topics. Even a simple introduction to complex software creation can give you an idea of what it is all about. There are several online course websites and they will not cost you too much money. So, hit up the Google machine and start coursing!

3. Learn everything you can about data structure

Since blockchain functions on a decentralized base, you need to be able to understand the elements of the data structure. Structures like tree or stack, as well as time and economy, are essential for becoming a blockchain developer. The importance of allocating resources is everything when it comes to this new technological phenomenon.

4. Choose your programming language

Obviously, you cannot become a programmer without knowing a programming language. 

When it comes to blockchain’s complex principles, you need to learn a lot about this subject. Coder Academy can provide great coding courses that should be the place to start. 

It is recommended that you learn HTML, CSS, and Ruby, for beginners. After that, you can graduate to more complex languages like JavaScript and Python. There will be no cutting corners when it comes to becoming a blockchain developer, and you need to learn all processes step by step, day by day.

5. Learn cryptography

The building blocks of blockchain technology is based on cryptography. It is where this technology draws a fine line. Basically, it is a skill that specializes in protecting digital data and encrypting assets. This is essential for making data and assets remain in existence forever, but still cannot be accessed by unauthorized individuals. 

With its past successes but also downfalls, cryptography is very important for the future of any business. Just consider the fact that Bitcoins have reached a value of $156.7 billion! If that doesn’t speak volumes (pun intended), what else does?

6. Study distributed computing

Ask yourself this: what enables developers to design such large-scale networks? Blockchain is a technology intrinsically designed to improve security. Since there are many people interested in starting with this new technology, it will make the world a better place by making network quality improvements. 

7. Consider the prospects

These are some of the things you should consider before committing to a career path as a blockchain developer. The big advantage lies in the technology’s humongous potential—as can be seen in large companies increasingly investing large sums of money in it. Starting with blockchain now might be the most significant return of investment for the next couple of years—just as if you were a big NBA betting connoisseur. Final words of advice—don’t rest on your laurels and start learning blockchain today.