Blockchain Technology
& Development:
What is it?

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As we all know, in the current digital era, cryptocurrencies (such as Bitcoin and Ethereum) are booming.

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As well as, some Meme Coins like Dogecoin and Shiba Inu coins are also in limelight.

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But "Blockchain" is the name of the technology that powers this Digital Cryptocurrency.

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What is Blockchain

Blockchain is the database where transactions of digital currency (Ledger of Transactions) are stored in the form of Blocks.

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Blocks contain transaction data, as well as the hash of the previous block and the hash of the current block.

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These blocks create a chain by connecting with each other and that is why we called it "Blockchain"

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Blockchain is a digital database that is different from other normal databases, the information in the blockchain database is stored (saved) in the form of Blocks.

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There are 2 types of developers who work in Blockchain Dev.

Core Blockchain Developer
Application Developer

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The Job of a Core Developer is to build the Core Web Architecture of the Blockchain and to supervise the whole Blockchain Network.

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Whereas the job of the Application Blockchain Developer is to create Decentralized Applications (DApps) on the existing Blockchain.

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Smart Contracts are a kind of programmable code that is hosted (or stored) on the Blockchain Database.

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To Write Smart Contracts on Ethereum Blockchain we need Solidity Language (Solidity is a High-Level Programming Language) 

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Compared to other types of web developers, blockchain developers earn a handsome annual salary.

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An estimated yearly package of a Blockchain Developer in India is between 40 and 50 lakhs Rs.

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