Conclusion
Even though there has been tons of enthusiasm around Blockchain and how it shot up to the top spot in the tech world, there are analysts with pessimistic views. The biggest talking point is that it can turn pretty much any industry on its head. Blockchain promises to transform how we transact, how we enter into contracts and how we protect data. Analysts have likened Blockchain to the internet, stating that it could be more than twenty years before we see blockchain being a part of how businesses operate on a daily basis. If central authorities and businesses seriously invest in the infrastructure and rework how they operate, then we would be able to see more extensive use of blockchain technology.
We cannot predict the future, but the prospective advantages of blockchain are at least fascinating enough for there to be some sort of insurgence far into the future.
If you are just starting out on your software development journey, you can’t be too hard on yourself if you don’t grasp everything at lightning speed. If you learn with the end goal in mind, it will be a smoother process.
Having the aptitude to fully understand blockchain and its concepts will always be an advantage to you. You may find yourself working on ICO projects. Initial Coin Offering is to the cryptocurrency industry what an IPO is to the business world. Companies use ICOs to raise the funds necessary to create a new coin, application or service.
One of the main benefits of learning blockchain is that it’s in high demand, so you will probably never be without work. If you choose not to have a career in the blockchain industry, you can always teach, it’s an excellent way to make money.
It’s fairly new, so only 0.5% of the population is using it right now. If you start learning it today, you will be at the forefront of its development by the time it has gained more traction.
The demand for Blockchain shot up almost 2000% and it became one of the most sought after skills in the tech industry. It is estimated that by 2024 the Blockchain market’s net worth will be valued at $20 billion. Right now, a significant number of banks are implementing Blockchain technology to improve the quality of their service and to tighten up their security.
The cities with the most openings are New York, San Francisco and San Jose and the median salary for a blockchain developer stands at $154,550 as of 2022. There is always room to grow in this field as the technology improves and advances. You should become a blockchain developer because:
●     The demand for Blockchain developers far outweighs the supply. This means the job market is not saturated and probably will not be for a long time.
●     The salaries are among some of the most competitive in the tech space right now. With the right amount of drive and experience, you could earn up to $200,000 a year.
●     You get to be involved in revolutionizing the way the financial market operates.
A Step-by-Step Guide for Beginners
  1. Determine your goal
Be sure of what you’d like to do with the new skills that you learn. Is it purely to make a positive contribution to the world? Most people are eager to learn because of the job prospects but you should know whether you want to be employed or to be doing the employing.
  1. Learn the basics
This book is an excellent start, because you get an overview of blockchain’s architecture, software, networks, systems and processes. Additionally, you can source a glossary to better understand the most important concepts.
  1. Familiarize yourself with the process
Once you’ve got step 1 down, it only makes sense to delve deeper into things. It would be a good idea to get some practical experience by acquiring a small amount of cryptocurrency. Being on the client-side may help you have more of an all-round understanding of things. Also, learning about the blockchain ecosystem will put you at an advantage.
  1. Watch tutorials and learn how to code
Steps 1 and 2 have given you basal and practical knowledge so the next logical step is to start coding. If you do not have any coding experience, you should look into Solidity. It’s easy to learn and will help you with Smart contracts.
  1. Gain an in depth knowledge of Smart Contracts
Smart contracts are a must learn! Once you’ve developed your coding skills it will be easier to get into.
  1. Keep up to date with changes in Blockchain development
Just like in medicine, you never stop learning coding. It’s important to be up-to-date with what’s going on and learning all you can about any new developments. It may be helpful to subscribe to a few blogs.
  1. Sharpen your skills
Once you feel confident enough to call yourself a developer, don’t be afraid to go back and tackle things that you may find difficult. Everything gets easier with time.
B
O
N
U
S
B
O
O
K
B
E
L
O
W