Blockchain Quick Guide
Published: 2020-04-30 16:20:08

#The skills needed for working as a Blockchain engineer. Must read before picking courses on Blockchain.

Would you like to dive into the sphere of Blockchain development? If the answer is yes, we have prepared the information that will serve your goals well.

First of all, let us clarify what blockchain is. Nowadays we have a lot of new workings based on this technology and today belongs to the third generation of it. However, let’s go back to basics and recall what it all started with in order to understand the concept.

Everything began with the world being introduced to cryptocurrency in 2008. The innovation lied in the fact that every transfer made in Bitcoin is reflected in a certain ledger that keeps track of every move.

Moreover, it is not just one system that could possibly stop working at some point or be broken into. Every transaction appears in thousands of places simultaneously, so once made, it is impossible to cancel or alter it. If someone wanted to hack it, they would need to break into thousands and thousands of computers at the same time, which is impossible.

This very technology of storing information in multiple places is called Blockchain. In simple words, it is an enormous number of very big record books that have the same information.

One of the undeniable benefits is that these records are public, which means that any person can access them. You can check it by picking several Bitcoin websites and comparing the details they have. All of them will be exactly the same.

Why is it called Blockchain though? As we have mentioned before, this technology was created for cryptocurrency. Every transaction of this kind is a block of information containing data, such as the amount, timestamp, etc. As there are a lot of such “blocks” and they are reflected one after another, the system is called Blockchain. 

Now let’s see how transactions work. Once someone wants to make a transaction from their online wallet, the information confirming the needed amount is available and the details of the receiving party exist is being gathered from multiple places. This makes every money transfer safe and reliable.

Given the above-mentioned facts, it is easy to conclude that this technology can work with any kind of digital information of value in any sphere!

Now, as there are so many fields of application, let us figure out what skills you need to have in order to become successful as an engineer before starting [blockchain courses](https://101blockchains.com/courses-on-blockchain/).

First of all, as Blockchain is definitely a space meant for innovations and fast development, it is crucial to be able to learn as you go. This technology is very young, so for more than a lifetime ahead there will always be new trends in this field. It means that you will need to constantly keep an eye on the emerging upgrades.

 ![](https://images.unsplash.com/photo-1487611459768-bd414656ea10?ixlib=rb-1.2.1&ixid=eyJhcHBfaWQiOjEyMDd9&auto=format&fit=crop&w=500&q=60)

Secondly, it is important to understand the economic side of this story. Start with the basics: opportunity cost, supply and demand, incentivization. Support all of that with your programming and excellent hard skills, and there won’t be anything to prevent you from succeeding. Blockchain engineering is not about being a specialist in one narrow field. It is about seeing [the whole picture] (https://www.inc.com/maureen-kline/how-blockchain-can-make-world-a-better-place.html?cid=search).

Finally, it is needed to have a strong problem-solving mindset. There will be a lot of things to learn, so you have to be determined and constantly try to find solutions to the questions on the agenda. 

As you see, the pace in this field is crazy. From the other side, it is hard to find anything more rewarding than the work itself that pushes the world to its limits. If you are ready to start this breathtaking journey, enroll in blockchain engineering courses and make the change you strive to see!