Blockchain Tutorial for Blockchain Developers
According to new research by CoinDesk, the development of blockchain technology will continue to grow exponentially in the following years. The demand to learn blockchain as a technology would also increase even more among freshmen and blockchain enthusiasts.
In addition, Blockchain will find its way and venture into advanced applications of almost every vertical and its horizontals. Owing to these developments in the Blockchain landscape, there will be a plethora of job openings after you become a Blockchain Developer. As a matter of fact, the median annual salary of a Blockchain Developer is around US$106,680.
Check out this Blockchain video by Intellipaat:
‘Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures and maybe even the architecture of the Internet itself.’
This statement by Abigail Johnson, CEO of Fidelity Investments, speaks volumes about the potential of Blockchain as a disruptive technology.
You might have come across the term ‘Blockchain technology’ before, in reference to cryptocurrency. The term might seem abstract with little real meaning on the surface; nonetheless, without Blockchain, digital currencies would not exist. If you are new to cryptocurrencies, and Blockchain technology, read this guide on the Blockchain basics and set yourself in the direction of a blissful and lucrative career.
As an attempt to familiarize you with every nook and corner of the Blockchain space, we at Intellipaat have prepared this Blockchain tutorial. This tutorial will give you an introduction to Blockchain and subsequently pave the way for you to take up a high-paying Blockchain Developer job role. As you navigate through the modules of this Blockchain tutorial, you will get to learn about Blockchain basics, Blockchain architecture, Blockchain Developer, leading Blockchain companies, working principles of Blockchain, Blockchain applications, types of Blockchain, and certain of its real-time use cases.
Also, we will shed light on certain concepts and the applicability of Blockchain technology. By the time you reach the end of this Blockchain tutorial, not only will you comprehensively understand how Blockchain networks work in real-time but also garner comprehensive insights about how you can pace your career with the evolution of Blockchain technology.
We can guarantee that if you pay your undivided attention while skimming through this Blockchain tutorial, you will learn all that is needed to master Blockchain within a few weeks.
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As we have seen, there is absolutely no central control, no national boundary, and no specific owner in Blockchain. Its security is powered by sophisticated cryptographic processes performed by p2p users, through a process known as Bitcoin mining.
Here are some of the reasons why we need to embrace Blockchain technology. Many applications in our daily life are going to be part of the future of Blockchain technology.
It is impossible for anyone to tamper with transactions or ledger records present in Blockchain.
Blockchain has been adopted worldwide and has the backing of many investors from both the banking and non-banking sectors.
In Blockchain networks, operations are fully automated through software implications. Private companies are not needed to oversee the operations.
Blockchain happens to be an open-source technology. All operations within a Blockchain network are carried out by the open-source community.
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Blockchain works in a distributed mode in which records are stored in all nodes in the network. If one node goes down, it doesn’t impact the other nodes or records.
The Blockchain network can be programmed using basic programming concepts. This flexibility makes Blockchain networks easy to operate.
Learn about Blockchain technology from Intellipaat Blockchain Course and excel in your career as a Blockchain Developer!
Learn What Blockchain Can Do
Blockchain is a digital ledger that keeps a record of all transactions taking place in a peer-to-peer network. All information transferred via Blockchain is encrypted and every occurrence is recorded, meaning that the information cannot be altered. As a decentralized network, Blockchain networks do not require any central or certifying authority. For this reason, these networks can be relied upon for much more than the transfer of currency; in fact, contracts, records, and other kinds of data can be shared across the Blockchain network. Encrypted information can be shared across multiple providers without risking a privacy breach.
Blockchain has gained immense popularity, because of these attributes:
- Blockchain networks are distributed ledgers on the Internet
- Each action is visible to everyone; only adding lines is possible and that too after consensus
- ‘Peer to peer’: No third party is required in order to carry out transactions
- Secured by unbreakable cryptographic hashing in blockchain
Individuals including software professionals and graduates who want to build a career around the Blockchain network or those who want to learn the precepts of Blockchain as a whole are most welcome to this Intellipaat Blockchain tutorial.
Prerequisites for Blockchain Tutorial
- Enthusiasm to grow with the fast-paced evolution of Blockchain