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Web3 development

The Graph introduces GRC-20 standard for Web3 data structure

The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers. 

The Graph, the decentralized indexing system that works much like Google for blockchains, has introduced a data standard for Web3. Called GRC-20, the standard would define how information is structured, shared, and connected across decentralized applications, according to The Graph’s website in a blog timed to developer Yaniv Tal’s Graph Improvement Proposal.

The proposal for GRC-20 builds on the concept of knowledge graphs introduced by Tal in June.

“Knowledge is created when information is linked and labeled to attain a higher level of understanding,” the blog explained, and knowledge graphs capture the connections and relationships between pieces of information.

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Etherscan releases v2 beta: Unifies API for over 50 blockchains

Etherscan’s v2 API beta unifies access to more than 50 EVM-compatible networks, simplifying development and increasing efficiency.

Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development.

The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual Machine (EVM)-compatible blockchain networks using a single API key.

An API is a unique code passed in to identify and authenticate a user, effectively functioning as a digital ID badge that provides access to the API’s services or data.

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CertiK migrates blockchain applications to Alibaba Cloud

CertiK's migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia.

Blockchain security firm CertiK migrated its cloud infrastructure in Asia to a cloud computing subsidiary of Chinese e-commerce giant Alibaba.

As part of the deal, CertiK will host its suite of 12 blockchain applications on Alibaba Cloud and use its cloud resources to provide Web3 services.

By hosting its services on Alibaba’s centralized cloud infrastructure, CertiK aims to provide its blockchain developers with a secure environment to develop and deploy Web3 applications. Ronghui Gu, co-founder of CertiK said:

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Base network launches 8-week training course for blockchain developers

Base Bootcamp will offer students weekly meetings with a mentor, a dedicated Discord server, and access to Coinbase and Base engineers, the team stated.

On October 20, the team behind Ethereum layer-2 Base network announced that it's launching an eight-week training course to turn traditional software developers into blockchain developers. Called “Base Bootcamp,” the new program doesn't cost anything to attend. However, it's designed for “mid to senior level Software Engineering individual contributors” and students must fill out an application and be accepted to enroll. Less than 20 students will be accepted into each “cohort” or class, and the team will stop accepting applications on October 27, the announcement stated.

In its announcement, Base claimed  the program is necessary because most software developers still do not know how to build Web3 apps. “Today, there are fewer than 30,000 onchain developers,” they stated, “compared to nearly 30 million software developers.” This implies that only 0.1% of software developers work in Web3.

The team released an online training program called “Base Camp” earlier in the year, which was open to anyone. But they decided that this wasn’t enough, as “keeping the momentum to learn a complex new skill alone can be difficult.” They claim that Base Bootcamp will provide more support for developers who don’t want to study alone.

Related: Coinbase open sources code for layer-2 network Base

The Base Bootcamp will pair each student with a mentor who they will meet with each week. It will also give them access to a group of Coinbase and Base engineers who will be available during office hours to answer questions. A private Discord server will be created to allow students to communicate with each other and to Base engineers, and additional assignments will be given that will be graded by members of the team. At the end of the program, students will be required to create their own Web3 app and present it to other students.

Although the program does not charge tuition, students are required to put up 1 Ether (ETH) on deposit to ensure that they finish the program. The team claimed that this deposit will be returned to the student upon graduation.

The lack of qualified Web3 developers is a commonly reported problem in the industry. Some Australian educators have suggested teaching Web3 development in high schools as a means of combating the problem. Other companies have tried to create tools to make Web3 development more simple. For example, Circle recently released a set of tools that allow developers to deploy contracts using familiar Web2 methods.

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7 ChatGPT prompts for learning Web3 development

Dive into the world of Web3 development and learn how to create decentralized applications using ChatGPT.

The landscape of web development has undergone a profound transformation with the emergence of Web3 technologies. As blockchain and decentralized applications (DApps) gain momentum, developers are embracing this new paradigm to create a more open, secure and user-centric internet. This article will embark on a journey of learning Web3 development with the assistance of ChatGPT, exploring seven prompts that provide valuable insights and generated outputs.

Prompt 1: Introduction to Web3 Development

A developer with a strong background in traditional web development, and who is curious about the shift to Web3 technologies, may utilize ChatGPT to learn Web3 development basics.

Prompt 2: Smart contracts and Ethereum

Web3 developers should learn smart contracts because they form the backbone of decentralized applications, enabling direct blockchain interaction and the creation of programmable assets and decentralized finance (DeFi) solutions. ChatGPT can help beginner Web3 developers learn about smart contracts at their convenience, free of cost and in a simplified way.

Related: 5 ChatGPT prompts for web developers

Prompt 3: Interacting with decentralized networks

An experienced programmer who is looking to expand their skill set by exploring the realm of decentralized networks may utilize ChatGPT to learn the ins and outs of interacting with decentralized networks like Ethereum programmatically. Below is an example of a ChatGPT prompt that might be helpful.

Prompt 4: Building a decentralized application

With a solid understanding of web development concepts, developers who are eager to explore the unique intricacies and opportunities that come with building applications on blockchain platforms may use ChatGPT to transition into the world of decentralized technologies.

Prompt 5: Decentralized identity and security

Recognizing the significance of decentralized identity solutions in the modern digital landscape, cybersecurity specialists keen on leveraging blockchain technology to enhance security measures may use ChatGPT to explore the role of decentralized identity in revolutionizing authentication and identity verification practices.

Related: What is decentralized identity in blockchain?

Prompt 6: Web3 development best practices

Web3 developers may utilize ChatGPT to learn best practices that encompass a set of guidelines and strategies to ensure the secure, efficient and user-friendly creation of DApps and protocols using blockchain and decentralized technologies.

Prompt 7: Future trends in Web3 development

As developers delve into the world of Web3, understanding the emerging trends is crucial for staying ahead of the curve and building innovative applications. As a result, they may use ChatGPT to be aware of future trends in Web3 development.

As the world of Web3 development continues to evolve, leveraging resources like ChatGPT for insights and guidance can greatly accelerate your learning journey. From understanding the basics of blockchain to diving into advanced topics, the collaboration between human curiosity and AI assistance can pave the way for innovative contributions to the decentralized future.

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5 YouTube channels to learn Web3 development

If you’re looking to learn Web3 development, discover five YouTube channels to help you assist through the journey.

Web3 development is an exciting field that is rapidly gaining popularity, thanks to the increasing adoption of blockchain technology. If you’re interested in learning about Web3 development, YouTube is an excellent resource to turn to. In this article, we’ll highlight five of the top YouTube channels that one can use to learn about Web3 development.

EatTheBlocks

EatTheBlocks is a great resource for learning Web3 development. The channel is run by Julien Klepatch, who is a blockchain developer and consultant. EatTheBlocks offers a wide range of tutorials on blockchain development, with a focus on Ethereum and Solidity.

The channel covers everything from basic concepts to advanced topics, such as decentralized finance (DeFi) and nonfungible tokens (NFTs). The tutorials are well-produced and beginner-friendly, making them accessible to anyone who is interested in learning about Web3 development.

One of the unique features of EatTheBlocks is that it offers both free and paid content. The free content includes tutorials on topics such as Ethereum, Solidity and smart contracts, while the paid content includes more advanced tutorials and courses.

Crypto Zombie

The YouTube channel Crypto Zombie provides an engaging educational series on Solidity programming. The lessons cover fundamental ideas, such as data types, functions and inheritance, and are suitable for beginners. The distinctive aspect of Crypto Zombie is that it uses the creation of a zombie game to teach Solidity programming.

Beginners may easily learn while having fun thanks to the courses’ interactive and entertaining design. The channel also features a discussion board where users can post queries and seek assistance from other programmers. Furthermore, the zombie game adds a level of excitement to the learning process, and the tutorials are divided into short, digestible steps.

Related: 9 tech YouTube channels to follow 

Dapp University

Dapp University is a YouTube channel that offers a wide range of educational resources on blockchain, Web3, smart contracts, cryptocurrency and other related topics. The channel’s content is geared toward developers and enthusiasts who want to learn more about blockchain and its applications.

The channel publishes a combination of to-the-point tutorials, live coding demos and interviews, providing viewers with a well-rounded understanding of the subject matter. In addition to tutorials and demos, Dapp University also features interviews with prominent figures in the blockchain space. These interviews provide valuable insights into the latest trends and developments in blockchain technology, as well as offer valuable advice and guidance for those who are interested in pursuing a career in this field.

FreeCodeCamp.org 

FreeCodeCamp.org also has an active YouTube channel that offers resources for learning Web3 development. The channel features a wide range of videos on blockchain, Ethereum, Solidity and other Web3 technologies.

The videos on the channel cover a range of topics, from basic concepts to more advanced topics like DeFi and NFTs. The tutorials are beginner-friendly and are designed to be accessible to anyone who wants to learn about Web3 development. The channel also offers a community forum where users can ask questions and get help from other developers.

Nader Dabit

Nader Dabit, a software developer and author with a focus on serverless and blockchain technologies, offers resources for learning Web3 development through his YouTube channel

He shares a mix of concise tutorials, live coding demonstrations and interviews that center on contemporary Web development, Web3, DeFi, cloud computing and GraphQL. The tutorials are well-produced and are designed to be accessible to both beginners and experienced developers.

Related: 5 programming languages to learn for AI development

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How to learn Web3 development for beginners

One can learn Web3 development by joining a Web3 developer DAO, participating in a Web3 hackathon or enrolling in blockchain-related courses.

The idea of Web3 has begun to take hold among business web developers in recent years. Modern business models emphasize the significance of moving beyond Web2 and discovering new ways to manage, organize and create meaning from the enormous volume of user-generated data, even though ideas about the current developments of the Web are still hazy and unclear.

The Semantic Web is frequently linked to the concept of Web3 as business strategies and web developers envisioned it. Tim Berners-Lee, the inventor of the World Wide Web, initially proposed the idea in 1999. He saw the potential for enabling robots to "speak to one another" and to comprehend and derive meaning from semantic data. 

However, corporations and computer scientists are creating more compact and portable applications that use crowdsourcing to organize data on the Web and the interactive features of Web2. As a result, the demand for Web3 and blockchain developers (devs) is rising in the cryptocurrency and Metaverse markets.

This article will explain what skills you should learn for Web3, why Web3 development is essential, how to learn Web3 development and throw some light on Web3 developer salaries.

What is Web3 development?

The world has altered due to a number of simultaneous technological advancements. For instance, early computers were designed exclusively as calculators; however, the internet's commercialization gave rise to Web3 technologies like blockchain, which are now in vogue. Web3 development refers to the practice of building decentralized applications (DApps), which run on blockchains. 

Moreover, cryptocurrencies are prevalent in several decentralized finance (DeFi) protocols. That said, network participants who wish to participate in developing, running, contributing to or enhancing DeFi projects are rewarded with crypto tokens.

On the contrary, Web3 developers are experts in mathematics, computer science and blockchain development and know how to use technology to make secure digital assets. Additionally, they are skilled at creating smart contracts for various fields, including real estate, healthcare and finance. But how does one start working on Web3?

The blockchain industry requires knowledgeable developers who understand blockchain technology and have exceptional problem-solving, creativity and communication skills. In addition, computer engineers must be familiar with the Solidity programming language, which is used to develop smart contracts on the Ethereum blockchain. But what other programming languages are used in Web3? Blockchain engineers should also know C++ or JavaScript for writing smart contracts. 

Where can you learn Web3 development?

Due to the high salaries of Web3 developers in the blockchain sector, many aspiring Web2 developers want to learn Web3 development. There are various ways to gain Web3 skills, as discussed in the sections below.

Follow seasoned blockchain and crypto influencers on Twitter

To start your journey in Web3 and the Metaverse, follow seasoned blockchain experts and crypto influencers on Twitter to learn about the types of projects on which they are working. For instance, Ethereum co-founder Vitalik Buterin and core Ethereum developer Tim Beiko consistently share updates about the Ethereum blockchain. By following them, one can stay up to date on the trends in the blockchain industry.

Subscribe to crypto newsletters and YouTube channels

Alternatively, subscribe to crypto newsletters to discover the Web3 tools you will need and YouTube channels like Smart Contract Programmer or Patrick Collins to learn Web3 development free of cost. 

Join a Web3 developer DAO or a Discord server

One can discover Web3 development communities by joining a decentralized autonomous organization (DAO) or a Discord server. Developer-centric DAOs often seek volunteers to collaborate on DApp or decentralized governance-related matters. 

Similarly, an ideal method to become engaged and begin developing your blockchain portfolio is to contribute to a Web3 project's Discord server by, for example, responding to user inquiries. Also, educational materials such as Web3 tutorials for beginners can be made more accessible by joining the #events, #jobs and #resources channels available on many of these servers. 

Enroll in Web3 developer or blockchain-related courses

Learning from experienced instructors through free or paid courses may help you to acquire the fundamentals or level up your development skills. For instance, the University of Nicosia offers free courses like Introduction to Decentralized Finance, which teaches about DeFi fundamentals, the DeFi application stack and novel applications beyond DeFi. 

Similarly, nonfungible token (NFT) enthusiasts can sign up for a course titled NFTs and the Metaverse to learn how to create NFTs and mint the course certificate for a small fee. On the other hand, platforms like Coursera offer financial aid to help people up their skills at no cost. 

Alternatively, joining Web3 University could be productive for those seeking to understand the basics of Web3 programming, including writing Solidity smart contracts, creating NFTs and creating full-stack DApps. Ethereum community tutorials are also an accessible source for learning how to develop NFTs, ERC-20 tokens and full-stack blockchain development.

In addition, an interactive platform called CryptoZombies teaches how to create your own crypto-collectibles game to learn about creating smart contracts in Solidity or Libra. Furthermore, one can find Web3 builders by following well-known Web3 GitHub projects to learn from expert developers who regularly contribute to open-source Web3 development.

Participate in a Web3 hackathon

A communal coding event called a "hackathon," or a "codefest," brings programmers and tech experts together to enhance or create a new piece of software. But one doesn't need to be an expert developer to participate in a hackathon. 

Hackathons have a strong competitive spirit, but they also catalyze the expansion of the Web3 community. For instance, Web3 hackathons such as ETHDenver's BUIDLathon, Polygon BUIDLit, ETHOnline and Solana Summer Camp help beginners and advanced coders to improve their programming skills and earn funding to develop decentralized apps. Moreover, the greater diversity in thinking results in more robust Web3 products as blockchain technology is still evolving. 

How to become a Web3 developer?

For those interested in becoming Web3 developers, a few simple steps would help you land a career in the decentralized web space. These include:

  • Learn the fundamental concepts of cryptography, blockchain technology and computer science using various mediums mentioned in the section above.
  • The next stage is to become familiar with the programming language required to create Web3 platforms. There are numerous programming languages to learn, but the ones in demand are Python, JavaScript, C++ and Solidity.
  • Developers also need to comprehend the data structures they'll need when programming. Understanding these fundamental components of the project enables them to write better code.
  • Finally, start developing smart contracts and testing them on the testnets of blockchain platforms like Ethereum and Cardano. By doing this, blockchain engineers may protect themselves from making the typical mistakes and code errors, which might result in financial losses or problems with the integrity of their data.

How much do Web3 developers make?

Instead of being restricted to a single cloud server, Web3 developers construct apps distributed on a blockchain or decentralized peer-to-peer network that is not under the jurisdiction of a single entity. Can you make a career in Web3? Are Web3 developers in demand? And is learning Web3 worth it?

Workers in the tech industry are in greater demand than ever post-COVID-19 pandemic due to the growth of the Web3 space — individuals who are knowledgeable about blockchain and its applications, such as NFTs, the Metaverse and cryptocurrencies, are earning hefty wages. For instance, the annual compensation range for Web3 lead developers is between $100,000 and $142,000, whereas junior coders earn between $60,000 and $120,000 per year.

Your experience, knowledge of programming languages and seniority would affect your salary. The following image shows various positions or developer types' average, minimum and maximum annual wages. One can look for such opportunities in the Web3 space at cryptocurrencyjobs.co, Indeed.com and web3.career.

Average minimum and maximum salaries of Web3 developers (based on position type)

Web3 opportunities in the future

Given the pace of technological development in the past few years, the decentralized generation of the internet allows interaction between everything, including people and machines. As a result, Web3 is quickly taking over the crypto-sphere as it enables users to govern their data using DApps, and earn rewards for participating in the decentralized web space.

Amid the evolution of the internet and the expansion of information ownership, sharing and consumption, the need for a universal standard will decline, and data will be able to interact effectively regardless of how the knowledge was created.

Additionally, the employment surge caused by Web3 will likely outpace the one that happened as the market started to comprehend what Web2 meant for Web1. As a result, the Web3 audience may experience a massive shift resulting from the fundamental economic changes in Web3’s ideology alone. That said, developers and other technology-related positions such as computer engineering will be in huge demand. And they will have the potential to create considerable value and growth over the next decade.

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Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

Solana Ventures Launches 0 Million Fund Focused on Web3 Projects in South KoreaSolana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and […]

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