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Web3 is the metamorphosis of the world wide web. Web3 combines evolving technologies, including blockchain, NFTs, digital avatars and more.
With each passing day, the hype around Web3 is growing and now tech enthusiasts, entrepreneurs, governments and big tech companies are rolling in it.
The global Web3.0 market size was valued at USD3.2 billion in 2021 and is forecasted to reach USD81.5 billion in 2030, growing at a CAGR of 43.7%, according to the analysis by Emergen Research.
Now, with the hype surrounding Web3 reaching fever pitch, more and more developers are contemplating the idea of web development in the era of Web3. So, how does one build a career as a Web3 developer?
Web3 is powered by blockchain technology. For a Web3 developer, it is vital to know blockchain from scratch. Getting your blockchain fundamentals right will help you in a long way in building a career as a Web3 developer. In fact, most Web3 courses available on the market start with the mechanics of blockchain.
According to Nader Dabit, who was a senior developer advocate at Amazon Web Services (AWS), the best place to start to understand the fundamentals of blockchain is the Ethereum and Solidity documentation.
While Ethereum is one of the most popular blockchain platforms out there, Solidity is the language used to develop smart contracts with it.
The Ethereum and Solidity documentation would help one understand the blockchain ecosystem and at the same time, help them in writing smart contracts.
To be a prominent Web3 Developer, one must know how to develop smart contracts, which are written using Solidity- a high level, object-oriented programming language. Solidity was specifically designed for smart contracts.
Frontend web development basics
When it comes to backend, knowing- NodeJS Fundamentals — Event loop, I/O, API Framework — Express, Databases — MongoDB, SQL, PostgreSQL, will help in a long way.
Decentralised Applications (dApps) are open-source applications built on blockchain. dApps run on blockchain-based peer-to-peer (P2P) networks, which means no one person or organisation has central control of the dApps.
In Web2, a lot of private organisations such as Meta or Google control the web. These companies have no competitors at all. However, with dApps, this would not be the case.
Cryptography is also an important aspect of Web3. Cryptography is a technique that helps in protecting transaction information and ensuring data consistency.
Blockchains rely on cryptography, hence knowing cryptography is essential for a Web3 developer.
This means knowing the basics of asymmetric cryptography and its applications, including signing algorithms, public-private keypair generation, etc.
Knowing the above listed things will help you build a great career as a Web3 developer, however, Web3 is a whole new world of technical challenges. Hence, keeping an eye on newer developments and updating one’s skill set from time to time would help a lot.