How to improve your Blockchain developer career

To improve your developer career in Blockchain area, you should never forget the basics, stay on top of confirmed IPs and be active in the community.

Table Of Contents

Since 2009, the Blockchain industry has grown exponentially. First and foremost, there’s a real Blockchain industry now. And there’s a big ecosystem that is growing in every direction.

In 2009, there was Bitcoin. Then, in 2014, the Ethereum Blockchain started. And since 2017, a slew of new Blockchain paradigms began to take shape.

Here’s a few steps to stay on the verge of the Blockchain industry, by staying on the lookout for more interesting and fascinating ways to improve your Blockchain developer career.

Never forget the basics

Track key advancements in Blockchain

There are a few types of improvement that a project can bring to the table of the blockchain industry.

Technological

Financial

DeFi apps don’t include major technological improvements, but a lot of work needs to be done to address potential exploitations of the current system structure. A lot of so-called hacks were reported in DeFi apps since the June 2016 ‘The DAO’ hack in which $50 milion were stolen. There are two kinds of attacks:

  • Real, code attacks: hacks in which thieves take advantage of a vulnerability of the code and use it to steal funds or create huge amounts of digital currency;
  • Financial attacks: these are not real hacks, as thieves leverage the limits of one or more DeFi apps at the same time. The most recent one is the weekend attack to dForce that wiped $25 milion.

Both types of attacks can be addressed by future improvements, but in different ways. Being on top of newly-found exploitations (and hopefully solving them) is a great way to both improve mastering blockchain-related code and helping the whole ecosystem grow.

Cultural

Keeping track of cultural advancements is a good way of anticipating new waves of tech improvements for the Blockchain industry as a whole.

Political

To explain this, it’s easier to make examples about recent (and persistent) dynamics about society and crypto (or Blockchain in general):

  • In Venezuela, the country’s currency suffered from inflation for a long time, but the situation worsened once the United States government vetoed domestic investors to pour money into venezuelan companies and institutions. That has led President Maduro to take an unprecedented decision about the nation’s currency, that was to be integrated (substituted) by a Petro digital currency, that was (and is) pegged to the nation’s oil reserve. This was the first real step forward of a national digital currency, even though it was moved by the necessity of bypassing the US veto.
  • In Argentina (mostly) and in other latin american countries, people buy bitcoin or other cryptocurrencies to defend their financial reserve from hyperinflation of national currencies, and a lot of underground and official initiatives take place to help poor people get access to financial tools that can jumpstart a small business or enable a micro-economy in poor and rural areas.
  • In China, Blockchain is in the mainstream discussion, as people are used to exchanging money and services on apps and websites such as Tencent’s WeChat and already buy digital coupons as gifts. China’s government is researching the use of a digital currency built on a permissioned distributed ledger (comparable to the Blockchain) to centralize the economy.

These are just a few (extreme) examples of what the discussion about Blockchain has led to. Keeping track of what’s happening all over the world is a great way of anticipating new trends that can lead to new ready-to-explore technologies.

Track key Blockchain projects

Bitcoin

Ethereum

Other important Blockchain projects and communities to keep an eye on: ZCash, IOTA, Monero, Stellar, EOS, IOHK, Dash, Tezos.

Stay on top of confirmed IPs

BIPs (Bitcoin Improvement Proposals)

EIPs (Ethereum Improvement Proposals)

Be active in the community

Follow key developer feeds

This will keep you always in the loop with important discussion about Blockchain.

Contribute to open source Blockchain projects

Propose new improvements

Comment on other proposals

Test applications and networks

You can read the orginal version of this article at Codemotion.com, where you will find more related contents. https://www.codemotion.com/magazine/dev-hub/blockchain-dev/how-to-improve-your-blockchain-developer-career/

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