So you’ve probably heard that Blockchain is taking over the world, but what is Blockchain? And how can you become a Blockchain developer? In this guide we look at the definition of blockchain, the growth of the blockchain industry, what sort of jobs exist in blockchain, how much you can earn on a blockchain salary, and which skills you’ll learn to become a blockchain developer. Plus, our picks for the best blockchain bootcamps, and coding bootcamps which cover blockchain in their curriculum.
A blockchain is a distributed ledger system with immutable data add-only functionality. Essentially, blockchain is a digitized, decentralized, and trustless database. Blockchain is an ‘add-on’ system where the most recent transactions are constantly growing as ‘completed’ blocks, and they are recorded and added in chronological order. The cool thing about using Blockchain is that users can keep track of digital currency transactions without central recordkeeping. So think about it like this – there’s no one single place this digital information is being held, it’s distributed all across the world!
Currently, Blockchain technology is primarily used to verify transactions within digital currencies, but it is possible to digitize, code and insert practically any document into the blockchain. To ensure that the process is secure, when you enter the document, it creates an indelible record that cannot be changed. Then, the record or transaction authenticity can be verified by the entire community using the Blockchain instead of a single centralized authority.
It’s safe to say that the industry is seeing tremendous growth – here’s what we know:
The market is mainly being driven by mammoth investments made by several startups companies working in the same field, but as time goes on, you can expect that a more crowded market.
Cryptocurrency refers to digital or virtual currency used for the buying and selling of goods. Originally, Blockchain was developed as the accounting method for the virtual currency, Bitcoin. But because blockchains are known as distributed ledger technology (DLT) and are seen in a variety of commercial applications today, there are many other cryptocurrencies in the market like Litecoin, Ethereum, Ripple and more.
Blockchain development is not just for cryptocurrency; as the industry has evolved, various fields can utilize blockchain. Some other uses for Blockchain include:
General skills that make software developers stand out can be transferred to Blockchain developers. Here are a few specific skills that will make Blockchain developers excel in their role, according to IBM:
Wondering where to focus your efforts? Here are some of the top programming languages used in Blockchain development:
And here are some of the top Blockchain Platforms and Systems:
Since the Blockchain Industry is on the rise, we’re sure job titles in the field will change. Right now, here are some of the top Blockchain job titles:
Here are some examples of coding bootcamp grads who already work in Blockchain:
Developing blockchain distributed ledgers for businesses was recently ranked first among the top 20 fastest-growing job skills – and job postings for workers with those skills grew more than 200% last year. Because there are currently only a few qualified candidates with Blockchain knowledge, it’s not surprising that salaries for blockchain positions are typically higher than in other specialized technical areas. Average Blockchain salaries range from $40,000 to $150,000. Here’s a breakdown of average Blockchain developer salaries for established firms and startups:
So are you ready to start learning Blockchain? The following courses are designed to give you a primer on the underlying technology and economics behind the cryptocurrency boom. Below you will find a list of specific Blockchain focused bootcamps, and a list of coding bootcamps that incorporate Blockchain into their curriculum.
Length: 12 weeks, part-time
Curriculum: B9lab teaches Blockchain, Ethereum, Hyperledger Fabric, and more through a bootcamp and a variety of courses. B9lab aims to offer a wide range of different blockchain technologies and does not favor a single technology stack, to provide a balanced, well-rounded educational experience. Students should have one year experience as a developer before applying.
Career Prep: Industry-experienced instructors provide active tutoring with one-on-one, personalized support for professional growth.
2. Byte Academy
Length: 12 weeks, full-time or 12 weeks, part-time
Curriculum: In Byte Academy’s Blockchain Lab, students will create their own cryptocurrency and build their own blockchain. The course covers blockchain platforms, keys and addresses, cryptocurrency, assets and tokenization, smart contracts and development, solidity, dAPPs (decentralized applications), regulatory environment, security, trustless networks and more.
Career Prep: Students get to experience startup guest speaker meetups, hackathons, conferences, workshops, API demos, networking and more.
Location: NYC and Online
3. Blockchain Engineering Essential Bootcamp
Length: 180 hours
Career Prep: Career guidance is given to students at the end of the bootcamp.
Length: 10-12 weeks
Curriculum: This bootcamp covers Ethereum, smart contracts, decentralized finance, and other essential blockchain concepts.
Career Prep: Includes networking opportunities and lifetime community mentorship through ConsenSys alumni network.
Length: 8 weeks
Curriculum: EmergingEd has several different blockchain courses that cover topics like tokenization, smart contracts, and cryptocurrency.
Career Prep: None
Cost: $1,500 each
Length: 6 weeks
Curriculum: The Engineering Fellowship is for experienced engineers to level up and become effective smart contract engineers (e.g. deep dive into the programming language Solidity, writing secure smart contracts, etc).
Career Prep: None
Cost: 1 eth (~$2,270 as of 5/6/22)
Length: 4 weeks
Curriculum: In Metacamp's Blockchain Bootcamp, students learn the fundamental concepts of Rust from expert Rust developers in Singapore. The bootcamp is beginner-friendly, and meets once-a-week for four weeks.
Career Prep: None
Location: Hybrid (Singapore and online)
Coding Bootcamps which cover Blockchain in the curriculum:
Online Blockchain resources and Intro Courses:
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