Want To Get Involved With Ethereum?

Ethereum is becoming more popular as the ecosystem continually expands. More people are onboarding themselves, especially with the rising price of Ether (ETH) helping to spread the word. The problem is Ethereum has always been a bit… ethereal. If you’re looking to get involved with Ethereum, here’s how.

If you’re a Developer…

Learn Solidity. Solidity is a programming language used to write executable distributed code contracts (EDCCs). Solidity programmers will be in high demand as blockchain technology continues to disrupt markets. If you’re looking for good pay and steady employment, consider learning how to code EDCCs. (And please, please learn industry standard best practices. It’s integral to the security of your code and the perceived stability of the entire network.)

Launch your own coin (aka an ERC20 token). Creating your own virtual currency isn’t actually as hard as it sounds. It’s mostly just copying and pasting open source code. The hard part is getting your coin to have any value. Tokens are generally used as markers of membership in a DAO (decentralized autonomous organization) or as the currency that powers a specific project or Dapp (distributed application). Without a strong reason behind a token’s existence, it’s not likely to see any investment or adoption, and therefore will only have what value you personally put into it.

Become a bug bounty hunter. Many projects, from their early stages straight through their launches, have bug bounty programs. This usually involves reviewing open source code on GitHub. If you find a bug, you are rewarded for your White-Hat efforts, usually with an amount of cryptocurrency in line with the severity of the bug you found. Blockchain tech developers take security very seriously, and as such, often pay very well when bugs are discovered, and even more so if a solution is presented in an intelligible manner.

If you’re an Investor…

Buy Ether (ETH). [This does not constitute investment advice; it’s simply a way an investor can become involved with Ethereum.] Injecting money into the ecosystem benefits Ethereum. The more Ether is worth, the longer the Ethereum Foundation can continue to employ some of the world’s most innovative computer scientists, developers, and game theorists. Crypto investments come with high volatility, but as such, that increased risk can lead to a higher rate of return on your investment. General advice: don’t invest more than what you’re comfortable losing.

Participate in an ICO. Many Ethereum-based projects crowdfund themselves with an Initial Coin Offering (ICO). This is where you can actively invest in projects you believe in, by picking up their tokens during their first public offerings. There are different ways companies run their ICOs, and it’s very, very important to do your due diligence and make sure you’re fully aware of what you’re getting into...
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