Why is Blockchain a Great Opportunity for Developers?
The price spike in cryptocurrencies like Bitcoin in the past year has revitalized public interest in blockchain technologies. Despite the common conception that the technology is only really used for the creation of cryptocurrencies, there exist a myriad of potential applications for blockchain technology. The public, digital, decentralized ledger lends itself to a variety of uses.
For mobile developers, blockchain developers, and blockchain engineers, the rise in public interest in blockchain technology spells massive opportunity. Blockchain technologies are no longer too sophisticated to be grasped by the new developer, either.
Ethereum’s work on the creation of their own, open-source blockchain has made it possible for developers of varying skill levels to capitalize on the technology in the creation of their own blockchain-based projects.
Blockchain developers looking to monetize their knowledge should first be well-versed in what it is that blockchain technology offers as an innovation. A blockchain is a public, digital ledger that tracks transactions in a decentralized and often anonymous format. But it isn’t just posed to track economic trades of cryptocurrencies; blockchain technology can be used to chart a variety of important interactions.
The first major way that blockchain engineers continue to profit off blockchain technology is through the creation of cryptocurrencies. Read more