Malaysian blockchain startup

What does it mean to be a Blockchain Developer?

April 21, 2022

Who are the Blockchain Developers?

A blockchain developer is a person who produces apps for the blockchain technology. Designing and optimising algorithms that conform with and run on the Blockchain System, which is a system that runs on top of the traditional Internet Protocol (IP) and acts as the internet for blockchain-powered devices, is one of their everyday responsibilities. Among other things, a Blockchain developer creates smart contracts, which are Blockchain-based programmes that run on Blockchain nodes.

As can be seen, these occupations may differ (or like) in terms of the responsibilities that the developer must do, and hence are divided into two categories.

Malaysian blockchain startup
  1. Core Blockchain Developer:

A core Blockchain developer is a programmer who works with the technology at its most fundamental level. They are in charge of designing and developing the Blockchain architecture, including deciding on the system protocol, consensus process, and other details.

  1. Blockchain Software Developer:

Blockchain software developers engage with the Blockchain on a regular basis. Their task is to incorporate core Blockchain developers’ algorithms into their apps, culminating in the construction of decentralised Blockchain applications.

What is the Amount of Salary for the Blockchain Developer?

To begin with, a Blockchain Developer in Malaysia earns around 5,920 MYR per month on average. Salaries range from 2,840 MYR to 9,290 MYR (lowest to highest) (highest). This is the average monthly wage, which takes into account housing, transportation, and other benefits. Wages for Blockchain Developers vary a lot based on experience, skills, gender, and location. Below is a complete analysis based on a number of criteria.

Process to become a Blockchain Developer? 

Aside from that, demand for Blockchain engineers is at an all-time high, despite a clear scarcity of skilled candidates to fill the roles. Since the blockchain is such a new concept, there is a lot of room for creativity and improvement. There is no better time to learn the ropes and become a Blockchain developer than now, while the technology is still in its infancy and allows for a lot of innovation.

Furthermore, the steep learning curve associated with the technology, as well as the extensive list of prerequisites required to become a Blockchain developer, are two of the main reasons for the scarcity of experienced experts to fill the gap.

  • To grasp the principles of programming, like with any other topic in computer science, one must first comprehend the fundamentals of mathematics.
  • The next step is to go through the basic concepts of Blockchain, such as Blockchain architecture and cryptography.
  • Following that, you’ll need to learn how to utilise some of the most popular developer tools and programming languages for Blockchain development.
  • You’ll be ready to go on to the next step: designing decentralised apps, after you’ve mastered this aspect of Blockchain programming.

Skills required as a Blockchain Developer?

  1. Cryptography

Cryptography is one of the most crucial factors for Blockchain development. Asymmetric cryptography is used in blockchain technology to sign and confirm transactions. The blocks are also hashed using a hashing algorithm to provide a unique hash, ensuring that the data/transaction records are not tampered with.

  1. Blockchain Architecture

The most fundamental subject that each aspiring Blockchain developer should be familiar with is blockchain architecture. It’s crucial for grasping the Blockchain’s underlying concepts and inner workings. It covers topics including different consensus techniques, decentralisation ideas, and more.

  1. Business and Finance

The real-world applications of blockchain are tightly entangled with money and payments. Because Blockchain is widely employed in the banking business, one must have a full understanding of how the financial world works in addition to obvious technological ability.

  1. Data Structure and Algorithm

When a smart contract is run on the Blockchain, it must be run on every computer (node) in the network. Furthermore, because these activities take place in a decentralised setting, you will usually have to pay a small fee for each transaction. As a result, Blockchain applications are expensive, both in terms of computing and real-world value. As a result, ensuring that smart contracts are designed for the least amount of processing complexity is crucial. This is only achievable if you have a firm handle of general programming and Blockchain data structures and algorithms.

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