Transaction fees on these layer 2’s and alternate layer 1’s are usually much cheaper with contract deployment costing just a few cents in some cases. A good marketing and customer acquisition model is key to growing successfully. Marketing professionals can be split into data driven media buyers and creative PR types.
Metamask can be configured to work with any EVM compatible blockchain by adding networks. Social Media Manager – One of the first hires most projects take on is a social media manager because handling the “sir, when lambo” guys becomes a full time job in itself. Average salaries for senior Solidity developers in 2022 are in the region of $200k/yr with junior positions ranging widely depending on experience and abilities. Web3 developers tend to earn less as it’s less specialist but someone with previous web3 experience will likely get offered a premium over a generalist front end developer. These provide a good example of what quality Solidity code looks like, what is possible and how to do particular things and how the individual token contracts work on a fundamental basis. For web3 frontends there are also two options and this normally overlaps with the backend decision.
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That’s because everything else with traction is based on Ethereum and runs the EVM . There’s the Ethereum layer 1 which has become excessively expensive for most developers with contract deployment costs currently running into thousands of dollars. A solution to this is a whole host of 3rd party projects which use the same code base and EVM as Ethereum but with varying levels of decentralisation. Want to learn more about blockchain development, DeFi and staying up to date with crypto markets? Check out the YouTube channel and connect with me on Twitter for updates and new content. Pre-Covid Future of Blockchain Hackathon by encode.clubYou can also make some good money from blockchain hackathons.
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Investment Analysts & Traders – There are plenty of research and trading roles available at the ever expanding list of VC’s and Prop trading firms in the industry. Legal Advisors – For projects operating in the US particularly it’s important to gain some legal counsel. The SEC has adopted a stance where it’s trying to assert and exercise authority in the space. Miners / Node Operators – Engineering based role managing hardware and core client software to enable the decentralised networks to operate. Many DeFi projects rely on existing infrastructure such as Infura but as they scale having independent infrastructure can be advantageous. Web Designer – This is often the same role as the web3 developer but someone with a creative skillset and experience with graphic design and CSS can add a lot of value.
- These are setup so developers can experiment and deploy and test contracts with no financial or security implications.
- Smart Contract Auditor – A focus on security and preventing loss of funds.
- The SEC has adopted a stance where it’s trying to assert and exercise authority in the space.
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Ethers.js is newer, more refined and is normally used alongside Hardhat. If you can code a website then with a bit of practice you’ll be able to build a decentralised application and deploy it to the blockchain. Like anything else, practice makes perfect and what is intimidating at first becomes second nature after enough reiterations.
I’ve heard it being compared to more like hardware or circuit board development than other software. Much like in traditional web development key roles are normally divided into frontend and backend teams. Frontend web3 developers will usually be working on much more code heavy projects where design is an afterthought.
Hackathons are a great way to engage with other developers in the blockchain community. It can also be a good place to meet VC’s and investors if you are looking to raise capital. Note that you want to use a different wallet when working with programmatic transactions or testnet funds. This helps avoid the situation where private keys are pushed to public Github repositories. A couple of options here which kind of goes back to the truffle vs hardhat choice.
If you want potential look at recently launched projects and try and secure a token allocation in addition to your salary as most projects will have a vested team allocation for tokens. Salaries vary across the industry and are unfortunately dependent on where we are in the market cycle. From there you can read through your favourite DeFi projects code base and even try deploying their contracts on your local testnets. A great resource for new and experienced developers is the open source nature of decentralised finance. The vast majority of projects make their code openly available to learn from, fork and play with. Truffle was the original node js application that has been used for many years to compile and migrate Solidity code to the blockchain.
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Both are a valuable commodity in a noisy industry built on hype and attention. Smart Contract Auditor – A focus on security and preventing loss of funds. Auditors will assess code, look for edge cases and use tools such as fuzzers to perform assessments. A good starting point are Open Zeppelin’s libraries of token interfaces and helper modules.
Both have free tier usages which will suffice the majority of blockchain projects. A terminal is like an old school msdos prompt where you can run things from a command line. If you are a windows user then you can use the fortmatic wallet Powershell terminal, just hit the windows key and type powershell to launch a terminal. Occasionally node software can only be run on Linux or via docker which will require either a cloud instance or a VM like WSL .
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Try to build and learn useful things, meet like minded people and keep it fun. Notable channels for developers include dApp university, Eat The Blocks, Eth Global and Alysia Tech. Ethereum has great documentation and I find myself referring how long does it take to get money from coinbase back to it often. It’s worth having a browse through and more in depth study if you get a chance to do a deep dive. I code primarily in Windows and use Linux via WSL, if I had more time and patience I’d probably use Linux for everything.
Also there’s SolHack which provides tutorials broken down into manageable bite sized modules with an active community. You’ll also need a web browser and a digital wallet to hold funds and pay transaction fees. Once you have Truffle Suite or Hardhat installed you’ll also want a text editor to open up code repositories and work on the code. Strong reasons for developing on Solana might be specifically targeting certain VC’s in the space (Alameda & Co) or requiring the high transaction throughput for a particular application.
I would probably recommend Hardhat but use both myself on a regular basis. I create content about DeFi, systems trading and blockchain development. If you’ve enjoyed these resources could you help share this content on social media and send it to anyone who you think might benefit from it. There is also a lot of contract work available and no end of projects that want to pay you only in tokens. I’d suggest against taking these opportunities unless you are exceptionally confident the token will gain liquidity and traction in the future.
I’ve had some good results in the past which have brought in thousands of dollars worth of tokens in prizes. This is a little dated now but provides an excellent primer on smart contract security. Each challenge introduces a new way in which you the hacker needs to exploit a smart contract. You’ll need to use Solidity and remix to connect to the live game which runs on a testnet. In my opinion it would be unwise to learn Solidity as your first coding language.