Hiring a blockchain developer is now on your mind. There are so many places to begin. There are fewer blockchain development services providers than other types of programmers as a result of the fact that blockchain is still relatively new. Nevertheless, it’s worth noting that blockchain is a difficult subject to master. Because of its complexity, knowledge of the blockchain is highly valued. Finding the best blockchain developer can be a difficult task, but this article will show you how to go about it.
Why Is Blockchain on the Rise?
In 1991, the first blockchain was created. As a result, it wasn’t until 2009 that the concept began to gain traction in the public eye when Bitcoin was launched. Because it was created as free and open-source software, Bitcoin has remained a little mysterious. Many people are drawn to Bitcoin and the blockchain because of their decentralized nature. Wallets containing cryptocurrencies, the majority of which were bitcoins, were used by several million people in 2017.
Developers who specialize in Cryptocurrency coin creation services are in high demand. As a result, a unique dilemma exists: there is an excessive demand for blockchain developers but an inadequate supply. There were only 5,000 cryptocurrency software developers in the world in 2016. Many computer programmers are ardent devotees of the once-in-a-lifetime technology. However, this has all changed due to the undeniable rise in demand. Because blockchain is a promising technology with promising prospects, more and more people are learning to program it.
Blockchain was listed as one of LinkedIn’s most sought-after skills in early 2020. Also, this was the first year that blockchain made the top 10 of the most promising technologies to watch list.
Reasons to Hire Blockchain Developers
The blockchain has a lot of potentials. By 2027, the World Economic Forum projects that this technology will be used to store 10% of global GDP. It’s becoming more and more common for large corporations like Microsoft and IBM to use blockchain. Investing in blockchain may be a good idea if the world’s largest corporations do so. Also, this can help your company grow in the years to come.
According to the US Bureau of Labor Statistics (BLS), developers will be among the fastest-growing professions between 2019 and 2029. In 2020, LinkedIn predicted that blockchain would be the most important skill. Blockchain engineers were dubbed the “dark horses” of 2019 by the newly hired specialists, who also predicted an increase in demand for their services over the next few years.
How to Find Blockchain Developers
To find blockchain developers, there are several options. Directory and hiring websites are the two most common ways to find a job.
Hiring websites
- Stack Overflow Talent
- Toptal
- Blocktribe
- GitHub
- Freelancer.com
- Guru
- Upwork
Directories
- Clutch
- Goodfirms
Skills Required for a Blockchain Developer
Every programmer should be familiar with blockchains, decentralized technologies, ledgers, the Ethereum network, various programming languages, data security, cryptography, and cryptocurrency.
A good programmer should master the skills and tools listed below.
Programming Mechanics
JavaScript, Java, Node.JS, C and C++, Python, and Solidity should be well-known to the candidate. Decide on a person who:
Worked with OOPS. This structure makes it possible to make changes to the program as and when they become necessary.
Has a firm grasp on a language’s syntax. It helps to have prior exposure to and working knowledge of the language in question.
The ability to implement multithreading in various types of apps.
Data Structure
Apps are built on the foundation of their data structure. Make sure you hire a programmer who has worked on a variety of acyclic graphs as well as linked lists.
Cryptography and Safety
Security and encryption are essential requirements for programmers, as any loss of data enables competitors to gain an advantage. Consequently, keep in mind:
- Understanding of SHA (Secure Hash Algorithm). To provide a high level of security against cyberattacks, SHA was developed. Ensure the applicant understands the difference between SHA-1 and SHA-2 and can select the appropriate feature for the application.
- Techniques for encrypting or decrypting data, and knowledge of private and public key concepts.
Specific Skills and Concepts of Blockchain
Additionally, a blockchain expert must be well-versed in specific blockchain concepts and have actual hands-on experience with those concepts to call themselves an expert.
While interviewing a candidate, it’s easy to gauge whether or not they’re worth your time by asking questions like these and paying attention to their answers. As a programmer, you’ll need to know the following terms:
- DLT is the acronym for (Distributed Ledger Technology). Multiple nodes are used to store data rather than a single point of failure. Programmers need to know how DLT is used in various kinds of blockchains.
- The blockchain’s immutability is predicated on the fact that the data in the blockchain cannot be changed. Information that has already been created cannot be changed after the fact.
- A new piece of data can be added to a blockchain through consensus. Consensus is the concept that allows data to be recorded because there is no single body that can make a decision.
- Smart contracts: Programmers must understand that this is a business logic that facilitates direct trades of any kind.
- Dapps are peer-to-peer networks instead of a single computer network that runs decentralized applications.
- For databases, sharding is a method of data storage that improves performance.
- The concepts of public and private blockchain are fundamental to understanding the technology. Information can be exchanged on a public blockchain, while a legal blockchain only allows data to be read but not verified or extracted.
When Hiring Blockchain Developers, Keep These Pointers in Mind
In contrast to outsourcing blockchain development, the search options for finding a dedicated programmer are vast.
In-House Development Team
- You’ll need new hires to broaden the team’s perspective and bring new ideas to the table.
- Blockchain developers are needed for the long term, not for a short-term project.
- You will pay taxes, insurance, and other expenses if you accept the job.
- You can meet the programmer and introduce him to the work at hand during this time.
Outsourced Development
- With this information, it’s easier to find the right person or team for the job.
- You’re completely clueless when it comes to technical specifications. But you know exactly what you’re going to get.
- It isn’t easy to get to know everyone when working with a large group. A list of specifications and tasks must be completed, however.
- You’re on a tight budget, so you’ve decided to outsource rather than keep your in-house staff.
Conclusion
This is the perfect time to hire a competent programmer to implement blockchain services into your applications after learning about these different aspects of blockchain. If you’ve been on the prowl for it, you’ve found it!