How to Learn Blockchain - 21 Bootcamps to Get You Started
What You Need to Know About Blockchain
Blockchain has become a recognizable term, but it can still be difficult to understand or explain. At its essence, blockchain is the ultimate ledger, a way to virtually record data that is considered impossible to alter, hack, or destroy. It is decentralized and time stamped, which makes it an excellent way to establish provenance (an origin and history) of digital assets. Blockchain technology can be used in several careers, including software engineering, web development, and programming. If blockchain is something you'd like to learn more about, look at our comprehensive list below for bootcamps that cover the theory, principles, and practices of blockchain.
What is Blockchain?
Blockchain is a continuously growing digital ledger of transactions that is sent, updated, and stored on a network of systems. The nature of blockchain technology is designed to prevent the ability to hack, change, or cheat the data. Each record or transaction is a block, and each succeeding block contains a cryptographic hash of the previous block. Blockchain is effective in that to alter a block after its been recorded, you must alter all the blocks, which requires a network majority consensus.
What is Blockchain used for?
Blockchain was originally used for cryptocurrency, but the technology is beginning to see use in a wide range of industries, including media distribution, food distribution, healthcare, the postal service, real estate, peer-to-peer transactions, government, and real estate, and its technology is continuously being looked at for more uses. Blockchain is used to eliminate a central authority or middleman, reduce risk, eliminate fees, and it gives the ability to trace a chain of transactions or products back to the source easily.
Why learn Blockchain?
Industries are learning about blockchain, how it can benefit them, and where to use it. Blockchain infrastructures help with everything from data security and digital identity to improving confidence between parties in the value chain. The rising popularity opens opportunities for people who understand the technology and can create it. In 2018, there was a 517% increase for developers with blockchain skills1. Blockchain developers are paid well, with an average salary range of around $93,500-$127,207.
Who should learn Blockchain?
Developers or software engineers entering any of the industries beginning to use blockchain, such as government, media distribution, and various finance sectors, could benefit from learning the technology.
Learn blockchain at a bootcamp
Bootcamps offer an education in blockchain using different formats. Some programs include blockchain as part of a broader curriculum, like Hack Reactor's remote coding bootcamp, while others focus solely on blockchain, like Byte Academy's Blockchain Immersive. Higher education institutes like eCornell and the University of Washington also offer blockchain-related certificate courses and bootcamps. If you want to see if you're interested in blockchain before commiting to a full-time bootcamp, there are many short-form courses available online as well. Begin your search for bootcamps or programs with blockchain curriculum using our list below.
Comprehensive List of Blockchain Bootcamps
- State of Software Engineers #hottest jobs. [online] Available at: https://hired.com/state-of-software-engineers#hottest-jobs [Accessed 30 July 2020]