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How to Become a Blockchain Developer And Salary in India 2022
How to Become a Blockchain Developer And Salary in India 2022
How to Become a Blockchain Developer And Salary in 2022 Blockchain is the next greatest technological revolution. It has opened up a new field of development known as blockchain development. It is poised to revolutionise how we handle data and perform our business activities. Blockchain was initially developed to support Bitcoin but has shown a level of versatility and security that businesses in numerous sectors are making use of it today. Gartner predicts that the business value of blockchain technology will reach $3 trillion by 2030.
It is based on a peer-to-peer or P2P topology and is a distributed ledger technology that lets data be stored globally. It can be stored on thousands of servers and allows anyone on the network to see everyone else’s entries in real-time. While it may not replace old databases, there is a great opportunity for enterprises to store data.
Blockchain has created amazing job opportunities today. If you plan on becoming a blockchain developer, you must be curious to know the blockchain developer salary in India. But before we look at this, let us understand who a blockchain developer is.
Who is a Blockchain Developer?
A blockchain developer is someone responsible for developing and optimizing blockchain protocols. S/he is also responsible for crafting the architecture of a blockchain system and developing smart contracts. S/he deals with web apps that use blockchain technology. In simple terms, a person who is involved in the development of blockchain technology can be identified as a blockchain developer. This role can be classified into two main categories as follow:
- Core blockchain developers
- Blockchain software developers
A core blockchain developer is responsible for high-level decision making such as developing the architecture of a blockchain system. They also work towards deciding how their protocols should be designed, and designing the consensus protocol and other decisions related to the blockchain technology.
Whereas a blockchain software developer uses the architecture and protocols designed by the blockchain developer and builds decentralized applications that can run on blockchain technology.
A blockchain developer is also responsible for research, analysis, designing and execution of the full life cycle of blockchain applications. They make use of various programming languages that help them create interfaces and architectures for purposes such as payment processing.
Skills Required to become a blockchain developer
Before looking at the blockchain developer salary in India, one must be aware of the skills required. Basic knowledge of mathematics and algorithms is required. You must be well-versed in programming languages such as C, C++, Java, and Python and tools such as Geth, Remix, Mist, Solium, Parity, BaaS, and Truffle are important skills as well.
1. Blockchain Architecture
First and foremost, a blockchain developer must have an in-depth understanding of what blockchain is. S/he must know how it works and its architecture. Concepts such as cryptographic hash functions and ledger technologies come at a later stage. One of the best ways to get an understanding of the basic concept is to go through the bitcoin blockchain whitepaper. This can be considered as a tedious task, so learning from blogs/courses always helps.
2. Data Structures
You must know how to apply data structures when it is necessary. Blockchain developers are constantly working with existing data structures such as Merkle trees so that they can meet their network requirements. Throughout your career as a blockchain developer, you will work on numerous data structures along with advanced cryptography. This is used to build a secure system.
Cryptography is just as important as Data structures. Various methods and hash functions like SHA256 and KECCAK256 are used in blockchain development.
4. Smart Contract Development
Smart contract development has become very important these days. Most blockchain developers try to incorporate it in their functions as business logic can be easily applied to blockchain technology.
One of the core aspects of becoming a blockchain developer is to create and design decentralized applications. Thus, front-end and back-end development become important.
Roles and responsibilities of a blockchain developer
Job duties of a blockchain developer include setting up security measures that can help protect the organisation from cyber attacks. They also work on building infrastructure, educating sales personnel about the technology, and setting up best practices. Collaborating with other IT personnel during the design process is also part of the job.
We have seen above that a core blockchain developer works on the blockchain architecture and the security of the entire system. Some of the other responsibilities include-
- Designing blockchain protocol
- Coming up with the consensus protocols and a security pattern for the network
- Design the network architecture
- Supervising the entire network
Let us now take a look at the responsibilities of a blockchain software developer. The responsibilities are completely different from that of a core developer.
- Developing Smart contracts
- Supervising the entire stack running their Dapps
- Looking after the backend development related to blockchain
- Development of interactive front-end designs for Dapps
Blockchain Developer Salary in India
The salary of blockchain developers varies depending on several factors such as job location, company, number of years experience, skills. The jobs in this domain are increasing at the rate of 2000-6000%. The blockchain developers salary in India is seen to be 50-100% higher than other developer jobs.
On a broad scale, the salary ranges between 5,00,000-30,00,000 LPA depending on the various factors mentioned above.
The average salary in India is ₹801,938 per annum. With three years of work experience, a blockchain developer can expect to receive close to ₹45,00,000 annually. A blockchain developers average salary in Europe is $73,300 while the average in the US is $136,000.
Wish to gain insights about your salary v/s peers, compare your salary growth in 5 & 10 years and see how you can earn more? Check out Great Learning’s Salary Builder now!
How to become a blockchain developer?
More Indian companies have joined the blockchain technology bandwagon. Since there is a significant gap between the number of jobs available and the number of skilled professionals in this field, now would be a great time to upskill. The first thing you must do is learn the basic skills required and the tools used by a blockchain developer. If you understand the core concept, it becomes easier to move forward in the field. Learn the process of the technology, and learn programming languages such as C, C++, Python. This will be very helpful when you are required to perform coding activities. Blockchain is a fairly newer field to work in, but the opportunity to be successful is higher as well.
Continue to upgrade your skills and knowledge, this will allow recruiters to know that you are the right fit for their company. If you are looking for a free course, you can enrol in Great Learning Academy’s free online Blockchain Basics Course today and unlock your dream career.
How to Become a Blockchain Developer? – Types, Roles and Skills
Blockchain, being the revolutionary technology that it is, has obviously opened up a new field of development called blockchain development. This, in turn, has created numerous job opportunities for developers and tech enthusiasts. Even with such fantastic job opportunities around, people generally seem to be confused about the direction they should take to become a blockchain developer. Hence, I decided to write up this article to guide fellow blockchain enthusiasts into the world of blockchain development
Okay, let me just list out the topics I’ll be addressing in this article:
Who is a Blockchain Developer?
In the past few years, I’ve actually been asked this question on numerous occasions as to “who exactly is a blockchain developer and what kind of development is he concerned with?” Well, I guess it’s easy to get confused, with so many types of developers out there in the industry. So let’s remove this confusion by actually defining a blockchain developer…
You may also go through this recording of Blockchain Developer where our Blockchain Training experts have explained the topics in a detailed manner with examples.
How to Become a Blockchain Developer? | Edureka
Basically, any developer that is involved in the development of blockchain technology can be tagged as a blockchain developer. Now blockchain developers can be classified into two distinct types. Let’s take a moment to discuss both these types.
Types of Blockchain Developers
As I just specified, there are two types of blockchain developers, namely:
- Core Blockchain Developers
- Blockchain Software Developers
Core blockchain developers are mostly responsible for developing the architecture of a blockchain system, how its protocols should be designed, the design of consensus protocol and other high-level decisions and development related to blockchain technology. Blockchain software developers, on the other hand, use the architecture and protocols designed by Core Blockchain developers to build decentralized applications that run on blockchain technology.
Now that we know the types of blockchain developers, let me tell you guys about their respective roles in the industry.
Roles of a Blockchain Developer
Let’s first discuss the roles of a core blockchain developer.
Core Blockchain Developer
As discussed earlier, a core blockchain developer is generally involved in the design, architecture, and security of a blockchain system. In brief, their roles include the following:
- Design of blockchain protocols
- Design of consensus protocols and security patterns for the network
- Design of the network architecture
- Supervision of the entire network
Blockchain Software Developer
Blockchain Software Developers have a separate set of roles. These roles have nothing to do with consensus design or architecture of the system. Much like how a normal web developer uses the protocols and design structure set up by a core web architect to build web apps, blockchain software developers build decentralized applications or Dapps using blockchain technology. Their roles include:
- Development of Smart Contracts
- Development of interactive front-end designs for Dapps
- Backend development pertaining to Blockchain
- Supervision of the entire stack running their Dapps
Now that, I’ve told you guys about the different types of blockchain developers and their respective roles, let me tell you guys about the technical knowledge and skills required for you to bootstrap your career as a blockchain developer.
Technical Skills Required to Become a Blockchain Developer
When talking about a blockchain developer, a combination of skills is expected by the person. Let’s discuss them one by one.
A blockchain developer should have an excellent understanding of blockchain, its working, and its architecture. Concepts like cryptographic hash functions, consensus, distributed ledger technology should be at the tip of their fingers. The best way to get yourself familiarised with blockchain technology is to go through the bitcoin blockchain whitepaper, but going through the complete white paper can be a tedious task and a little guidance always helps boost the learning curve. Hence you could sign up for edureka’s Blockchain course
Secondly, an in-depth knowledge and applicative sense of data structures is a necessity when aiming to become a blockchain developer. Blockchain developers are constantly playing around and tweaking existing data structures like merkle trees, petrecia trees etc to meet their personal network requirements. Blockchain uses a plethora of data structures in conjunction with advanced cryptography to build a secure and immutable system. A knowledge about blockchain, without any knowledge of data structures, can only be deemed incomplete.
As I just mentioned, Blockchain is a conjunction of data structures and advanced cryptography, hence it is only obvious that a good grasp on cryptography is also required to become a blockchain developer. A lot of cryptographic methods like hash functions eg SHA256 and KECCAK256 are used in blockchain aside from asynchronous cryptography for generating digital signatures. Without understanding how these work, it is impossible to become a blockchain developer.
Smart Contract Development
Smart Contracts have become a huge thing since the release of Ethereum. Now every blockchain tries to incorporate smart contract functionality into its system so that business logic can be easily applied on the blockchain. Hence, developers striving to get into the blockchain field should definitely learn about smart contract development. This generally entails learning network specific languages like Solidity, Viper, Chaincode etc.
Web development is a core aspect of a blockchain developer. When a person begins his career as a blockchain developer in the industry, a majority of them are employed for the basic designing of decentralized applications. This means you must know the basics of both front-end and back-end development which includes things like creating interactive graphical user interfaces for Dapps, API handling, request handling etc.
Now that I’ve told you people, the skills required to become a blockchain developer, let’s see the companies highering blockchain developers.
Companies Hiring Blockchain Developers
So if you think if you have what it takes to become a blockchain developer, then it’s a pretty golden time for you because opportunities are thriving. For every five blockchain developer related job in the industry, there is only one eligible blockchain developer available. Many fortune 500 companies like IBM, Accenture, Capgemini are on the hunt for eligible blockchain developers.
Not only are there endless opportunities for blockchain developers in the current age, but also they have handsome salaries to go along with the jobs too. A core blockchain developer on an average makes around $100,000 annually while blockchain software developers make $70,000 per annum.
So folks, that was all about how to become a blockchain developer. Now go ahead and master the skills mentioned above to get into blockchain development.
If you wish to learn more about blockchain and build a career in blockchain technologies, then check out our Blockchain Certification Training which comes with instructor-led live training and real-life project experience. This training will help you understand Hyperledger Fabric in depth and help you master the subject.