Since the inception of Bitcoin in 2009, cryptocurrency and its underlying technology, the blockchain technology has been on the upswing. The technology has caused disruption across businesses from finance to the health sector. The advantages presented by the technology such as cost reduction, faster transaction speed and elimination of intermediaries for the facilitation of transactions makes the technology to be much loved. However as this technology is being adopted, regulated and studied by countries across the globe, careers are also been created. The Blockchain technology offers a more secure way of keeping records and its growth in the past years has created lucrative career options.
One of the hottest skill in the freelance job market right now is blockchain related. According to Indeed.com there are 1949 Blockchain jobs on the site. This indicates that blockchain related jobs are on the rise. But then, what kind of career choice is available if someone decides to venture into the blockchain technology.
Blockchain Project Manager
A blockchain project manager is needed to manage and facilitate blockchain technology projects that companies need to develop for their businesses. The blockchain project manager translates the company’s needs from regular language into technical language,and then from the blockchain developers’ language back into regular language, easy to understand and utilise. He plans and supervises the execution of a blockchain project. To be a blockchain project manager, you may need a project management MBA degree or Master’s .
If you desire to get into a blockchain technical career, getting a blockchain internship with a startup or established company would be of great help to you. Although the duties of an intern varies it still pays well. You will however need to have some technical skills such as NodeJS, APIs, React, Java, C++, Solidity, CSS and HTML, e.t.c.
The ratio of blockchain engineers to the job demand is 1:14. The duties of a blockchain engineer includes the creation and implementation of digital solutions for blockchain based companies. Their duties also include setting up the company’s infrastructure to use ethereum and bitcoin or any other cryptocurrency. He’d also have to implement assets and accelerators as well as analyze code and organize blockchain programming training for new trainees.
A blockchain engineer should be highly skilled in Solidity, Java, Hyperledger, Python, Fabric, Ripple, bitcoin, Oracle Identity, e.t.c.
Blockchain Quality Engineer
As a Blockchain quality engineer, you will be responsible for the automation of frameworks and tests, manual testing and dashboards, all of which works to support mobile, web and platform engineering. Duties such as the complex deliveries of blockchain projects such as developing, application and maintenance of QA automated test standards. Also, he’d have to research and give advice on new blockchain related test automation methods, tools and technologies. An Engineering management MBA degree or very least a Master’s level will go a long way to getting you a job as a Blockchain Engineer.
Blockchain Legal Consultant or Attorney
Legal services will always be needed when businesses come together for partnership and growth. With the rise in the firms interested in the blockchain technology, there is an equal rise of those who want legal services. There is a rise in attorneys dealing with ICOs, structuring partnerships and the rest. There will always be a need for legal services, and drafting legal agreements and performing due diligence. The blockchain technology has smart contracts to ensure that contracts of transactions are recorded on the blockchain but then lawyers are still needed.
Web designers are needed as the best place to put your business these days is the internet. Therefore with the increase in the rise of blockchain startups and cryptocurrency, there will be a need for a Web designer who can create new pages and excellent user interfaces.
The blockchain technology is still growing and its use cases is also growing. This means that more career opportunities will present themselves as the years go by.
Waves to Launch Blockchain-Based Games Marketplace with The Abyss
Blockchain Platform Waves and blockchain distribution platform – The Abyss will jointly launch blockchain-based marketplace of digital goods and in-game items.
The co-operation will see the building of a universal marketplace of all tradable goods and in-game items offered by Abyss partner game developers through their games.
The marketplace will enable users to purchase items with Abyss Tokens and sell to other users no matter what supported game it was purchased from. This, according to Waves will open another way for game developers to monetize their games on The Abyss.
Waves revealed the Abyss tokens will be integrated with the Waves Blockchain thereby enabling developers to connect The Abyss Token operations directly into their Waves-based games.
This will be made possible and easier by the release of an SDK and provision of technical assistance by Abyss.
Founder, The Abyss Konstantin Boyko-Romamovsky is quoted saying “The Abyss development team has already started preparation for the integration of Waves solution. The respective API methods and libraries will be added to the platform SDK and offered to game studios and developers.”
As a mutual benefiting arrangement, games built on the Waves blockchain will be able to utilize the distribution network of The Abyss therefore getting exposure to a wide audience of gamers.
Speaking on the arrangement between both firms, CEO, Waves Platform, Sasha Ivanov said, “The integration of Waves technology will enable The Abyss to create one of the best and the most advanced digital marketplaces in the video game industry. Apart from boosting up blockchain adoption, it is also supposed to increase the speed of processing trading transactions”.
Based on the Ethereum blockchain, The Abyss is a digital distribution platform for online video games with a unique revenue sharing system. The Abyss offers browser, client and blockchain games and provides game studios with additional customer benefits, from community features to marketing tools. Part of the income generated by sales of games & services is distributed between users in the form of rewards for various activities available on the platform.
A Proposal Has Been Made To Move ZCash from POW to POS
A ZCash Improvement Proposal ZIP was submitted to the ZCash community to migrate the privacy focused blockchain from the Proof of Work protocol to Proof of Stake.
The proposal was made by a user rebekah93. According to the community member, “Zcash was launched using Proof of Work. This meant that as well as removing the risk of POS being in some way faulty, the developers could focus on snark development rather than proof of stake development. Now the situation is a little different, as POS is a little mature and shielded transactions in zcash have come leaps and bounds.
This means that we should be able to switch from POW to POS without diverting developers too heavily away from other protocol improving works.”
The motivation according to rebekah93 for the improvement proposal was “by not wanting to have ‘destroying the planet’ as one of zcash’s most prominent achievements.
This is related to the amount of power needed to maintain the proof of work blockchains with Bitcoin being the highest consumer as the largest pow blockchain.
In order to achieve consensus, the community will have to answer some questions such as:
what properties does it want from POW? BFT or not?, Which are the best POS protocols that satisfy the needed properties, who gets to have the loudest/definitive say, when will it be implemented, who will implement it, will there be a transition period, when will the transition go live?
The ZIP which is currently in draft stage has attracted comments from the zcash community with one member Faddat defending POW by saying it doesn’t harm the environment and that it is one of the most efficient uses of stranded energy. According to him, POS chains have more favourable performance characteristic, but POW is more secure.
Another member of the Zcash community by the name OliverNChalk is of the opinion that the migration to POS should be put on hold and wait to see how the Ethereum imminent migration to POS goes as this would give an idea of how POS looks in the ‘wild’.
A member of the Zcash foundation by the name Sonya said concerning the ZIP “I like proof-of-work because the economics are straightforward and the model is battle-tested. I don’t think proof-of-stake has been around long enough that we should jump on it — maybe another couple of years.”
The proposal was created over 40 hours ago, it has received 1500 views and 12 replies. At current it is still a draft.