Thursday, 8th September 2022

The Daily Spin. Thirsty Thursday Edition. With a lot of buzz hovering throughout the crypto industry amidst big moves by the regulatory side, central banks and power partnerships being formed — not to mention, the upcoming ETH Merge – here’s our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed of the most trending, in-the-know, and controversial topics…all in the name of transparent, information dissemination to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

“How Bridges Need to Deliver Blockchain Interoperability” by Toby Gilbert on Medium
https://medium.com/@Coinweb.io/how-bridges-need-to-deliver-blockchain-interoperability-7c910e52a4c7

“One Chain to Rule Them All?” By Toby Gilbert on Medium
https://medium.com/@Coinweb.io/one-chain-to-rule-them-all-a049d1f8d97f

42 Geeks Networking Event, Sep 3
Event pictures to be posted shortly

Coinweb breaks top 500 on CoinGecko!
https://www.coingecko.com/en/coins/coinweb

First Coinweb In-house AMA Recorded on Aug 24
Teaser Video: https://twitter.com/CoinwebOfficial/status/1564623196195733504
Full Video: https://www.youtube.com/watch?v=qyln96tmsFE

“How Decentralized Is Blockchain?” by Toby Gilbert on Medium
https://medium.com/@Coinweb.io/how-decentralized-is-blockchain-3a8d099862e1

“The Solution to Blockchain’s Problems” by Toby Gilbert on Medium
https://medium.com/@Coinweb.io/the-solution-to-blockchains-problems-is-not-another-blockchain-but-something-entirely-unique-and-

“Storm in a Teacup” by Toby Gilbert on CoinTelegraph
https://cointelegraph.com/news/regulators-have-a-weak-case-against-ftx

Op-Ed by Toby Gilbert: “Why Maximalists are Wrong” on Cryptoslate
https://cryptoslate.com/op-ed-why-maximalists-are-wrong-the-future-is-cross-chain/

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On the Radar

The Ethereum 2.0 Merge, Sep 10-19

NEARCON - Building Business Behind the Hype, Sep 11-14 (Lisbon)
Monthly US Consumer Price Index (CPI) Report, Sep 13

iFX Expo Asia, Sep 13-15 (Bangkok)

MetaVSummit, Sep 14 (Dubai)
Blockchain Life, Sep 14 (Moscow)
AEternity Universe 2, Sep 15 (Unstrut)
Mt.Gox 137k BTC Repayment Release, Sep 15

Federal Open Market Committee (FOMC) to Announce Interest Rates, Sep 20

Atom’s Cosmoverse Conference Colombia, Sep 26 (Medellin)
ChainLink’s SmartCon 2022, Sep 28 (New York)
Token2049, Sep 28-29 (Singapore)

Thailand Crypto Expo, Oct 6-9 (Bangkok)

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On the Block (chain)

Bitcoin Exchange Inflows Sink to Multi-year Lows
https://cryptoslate.com/bitcoin-exchange-inflows-sink-to-multi-year-lows/

Aave Votes to Pause ETH Borrowing Following Concerns or Users Trying to Maximize ETHPoW Airdrops
https://cryptoslate.com/aave-votes-to-pause-eth-borrowing-following-concerns-of-users-trying-to-maximize-ethpow-airdrops/

Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
https://news.bitcoin.com/publicly-listed-miner-hive-plans-to-transfer-eth-hashrate-to-other-gpu-mineable-coins-ahead-of-merge/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Report: Bank with $489bn in Assets Explains How Crypto Can Reach the Mainstream
https://dailyhodl.com/2022/09/06/bank-with-489000000000-in-assets-explains-how-crypto-can-reach-the-mainstream-public-report/

Analyst: One Catalyst Could Trigger Massive Rallies for ETH and Crypto this Month (Hint: It’s Not The Merge)
https://dailyhodl.com/2022/09/07/one-catalyst-could-trigger-massive-rallies-for-ethereum-and-crypto-this-month-according-to-analyst-and-its-not-the-merge/

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Competitive Landscape

Trezor and Wasabi to Implement a CoinJoin Mixing Scheme into Hardware Wallets
https://news.bitcoin.com/trezor-and-wasabi-to-implement-a-coinjoin-mixing-scheme-into-hardware-wallets/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Ripple Hints at New CBDC Announcements
https://cryptoslate.com/ripple-hints-at-new-cbdc-announcements/

P2E Craze May Be Over With Polkastarter - XBorgs Entry to the Arena
https://cryptoslate.com/the-play-to-earn-craze-may-be-over-with-polkastarter-xborgs-entry-into-the-gaming-arena/

Helium Down 55% in Last 30 days
https://cryptoslate.com/helium-down-55-in-last-30-days-as-challenges-run-rife/

Solana-based y00ts NFT Collection Raises $7m in Seed Round
https://cryptoslate.com/solana-based-y00ts-nft-collection-launches-developers-raise-7m-in-seed-round/

Tron DAO and MasterBlox: The Future of Acceleration in Web3
https://cryptoslate.com/press-releases/tron-dao-and-masterblox-the-future-of-acceleration-in-web3/

FTX Selects GameStop as its Retail Partner in US
https://cryptoslate.com/ftx-selects-gamestop-as-retail-partner-in-the-us/

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World

India’s Central Bank RBI Starts Digital Currency Pilot with 4 Banks
https://news.bitcoin.com/indias-central-bank-rbi-starts-digital-currency-pilot-with-4-banks/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Russia Can’t Do Without Cross-Border Crypto Payments
https://news.bitcoin.com/russia-cant-do-without-cross-border-crypto-payments-consensus-reached/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements
https://news.bitcoin.com/brazilian-tax-authority-registers-record-number-of-cryptocurrency-statements/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Lawyer of Alleged Launderer Vinnk Calls on Russia to Talk Prisoner Swap with US
https://news.bitcoin.com/lawyer-of-alleged-crypto-launderer-vinnik-calls-on-russia-to-talk-prisoner-swap-with-us/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

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Thought Leadership

Gareth Soloway: They’re Trying To Hide What’s Really Coming (10mins)
https://www.youtube.com/watch?v=hROd3X5gyc4

Report: A Framework for Navigating Web3 Compensation
https://medium.com/@framework/navigating-web3-compensation-a-framework-report-1a053ba41767

Top Narratives and Catalysts to Watch
https://onchainwizard.substack.com/p/top-narratives-and-catalysts-to-watch?utm_source=substack&utm_medium=email

Decentralized Infrastructure, the Bedrock of Web3
https://medium.com/coinmonks/decentralized-infrastructure-bedrock-of-web-3-0-7890a8a1eab5

The Crypto Banking System
https://cryptobanking.network/the-crypto-banking-system/

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https://preview.redd.it/awia6s5kekm91.png?width=742&format=png&auto=webp&s=24e1cc003558f3965d1e14222fbea2c6d1db789f

I travel internationally and sell let’s just say stuff

I am a bit of a noob and want to accept Bitcoin as well as advertise that I accept it but want to know the most dumbed down way to do so. ELI5 please! 🙏

EDIT: for the sake of clarification I do not mean online sales. I mean in person events that I travel to.

5 Major Events that will SHAKE the Market | Bitcoin Update | Crypto Jargon

https://cryptogemtokens.com/5-major-events-that-will-shake-the-market-bitcoin-update-crypto-jargon/

Learn How to Become a Highly-Paid Blockchain Developer from Blockchain Developers

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Become a highly-paid Blockchain Developer

 With so many large companies getting involved in blockchain, it's not uncommon to find high-paying blockchain developer jobs. Securing one of them, however, is a different story.

 If you want to become a profitable blockchain developer, or if you want to raise your income as a developer, then this article is for you.

 Blockchain technology is generating a lot of buzz, but not all developers have access to the same information.

 Discover the most lucrative job opportunities and become a valuable asset to blue chip companies.

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 Blockchain Developer - What Is It? 

 Developing and maintaining blockchain software is the responsibility of a blockchain developer. Blockchain developers work with clients to analyze their needs and develop, test, and implement blockchain-related solutions.

 You need to know the following if you are considering becoming a blockchain developer.

 In order to develop blockchains, blockchain developers use open-source tools like GitHub or Truffle.

 Take a look at Hyperledger Fabric or Ethereum Solidity if you want to learn more about the technical aspects of Blockchain development.

 It is extremely beneficial to learn Python, Java, or C++ programming languages since they are highly sought-after by employers.

 Learn about smart contracts, and develop open-source applications using Bitcoin and Ethereum.

 If you're looking to become a high-paying blockchain developer, you will need more skills and expertise. This includes knowledge in

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•  Cryptography
•  Hash functions & technologies
•  Distributed ledgers
•  Data structures,
•  Consensus algorithms
•  Design changes
•  Incorporation of Frameworks.
•   Asynchronous cryptography

 The more proficient you are, the more opportunities there are to earn money.

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What is the benefit of becoming a blockchain developer in 2022?

 Become a blockchain developer by 2022 for many reasons. There is an increasing need for blockchain developers who can design and maintain decentralized applications (dApps) due to the rise of cryptocurrencies.

 Moreover, blockchain technology is becoming more widely used by various industries, which means there will be many opportunities for developers with the right skills. You can learn how to become a high-paying blockchain developer by reading on.

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It's Easy to Get a Job in Backend Development!

 You must be able to develop for blockchain if you want to become a highly-paid blockchain developer.

 Fortunately, becoming a blockchain developer isn't nearly as difficult as it might seem.

 With relevant skills and experience, you can get an internship at one of the biggest companies quickly.

 Prior to applying for a job, know what they are looking for in terms of abilities and experience.

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 Learn Solidity along with Ethereum 

 Blockchain developers are responsible for developing and maintaining the code that powers decentralized applications (dApps).

 The programming language Solidity is likely to be used by Ethereum developers. Due to its similarity to JavaScript, it is fairly easy to learn and is supported by online courses like Udemy and Coursera.

 Once you have become proficient in Solidity, take a course on how to create efficient algorithms so your app will run smoothly as more users join.

 There are many tools there that can help you with your algorithm design, such as Andreas Antonopoulos' ETH Design Patterns.

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Become a highly-paid Blockchain Developer 2022

 Network With People In The Industry 

 Any industry can benefit from networking, and crypto is no exception. Furthermore, this is the perfect opportunity to keep up with the latest information and trends and to share ideas with other developers.

 Blockchain conferences and meetings can be a great way to network with other blockchain developers. Alternatively, you can join online communities such as Reddit's r/ blockchain community or Bitcoin StackExchange.

 Staying up-to-date with the latest advancements in blockchain technology requires reviewing whitepapers, blog posts, and whitepapers from thought leaders.

Create Decentralized Software for Nonprofits Businesses, and Business 

 You could develop DApps for governments, businesses, and non-profits as a blockchain software developer. In addition to simplifying their operations, you can gain experience by developing DApps.

 Don't forget to create your own projects and contribute to open source projects. Your commitment to becoming a Blockchain developer will be evident to prospective employers.

 Since blockchain development has such a huge demand and only a few talented individuals, you're in the middle of numerous opportunities.

 Attend Hackathons, Conferences, and Hackathons 

 To get paid for blockchain development, you need to showcase your skills. Attending conferences and hackathons is one way to accomplish this. In addition to meeting other developers, you will also have the chance to showcase your work.

 It is certain that you will be able to secure lucrative gigs if you are able to convince the right people.

 You can also earn money by learning a new skill. Internet resources can provide you with information about the latest industry developments or show you how to learn new programming languages.

 Find Developers in Local Meetings 

 In order to find your first or future job in the blockchain field, you should get in touch with more blockchain developers and other professionals. The best way to accomplish this is through local events.

 In all major cities, there are meetups for blockchain developers. Blockchain experts are specifically targeted by numerous meetings and other events. You can join online communities if you are unable to attend an event on the ground.

Getting involved and making friends is the most important step

 Don't hesitate to reach out if you have any concerns! You can network with professional colleagues at local events, who can offer advice on how to get started.

Get Your Work Started & Get Paid To Do It 

 You will need to either create your own projects or join an established group of developers if you want to make money on blockchain technology. Despite some accepting cryptocurrency payments, the majority will accept fiat.

 To increase your chances of becoming a highly-paid blockchain developer consider these points:

  1. Do your research and learn the most you can about blockchain technology.

  2. Join online communities and forums related to the development of blockchain technology.

  3. Get your projects started and involved in open source projects.

  4. Learn how to become certified in blockchain development through online training as well as boot camps.

  5. Stay updated with the latest trends and developments in the field of blockchain technology.

 Step-by-Step Method to Master Blockchain 

 It will be necessary to learn the technology as well as become an expert in it in order to become a highly-paid blockchain developer. Although there isn't a method to accomplish this, here is a general outline to guide you:

  1. Learn the fundamentals of blockchain technology, and how it operates.

  2. Develop a few projects of small size for a chance to practice developing on the blockchain platform.

  3. Join or create a Blockchain development community or online forum to connect with other developers and gain insight from their experiences.

  4. Join blockchain meetups, conferences, and other events to network with professionals and keep abreast of current trends in the field.

  5. Continue to learn!

 Takeaway 

 It is not difficult to find a high-paying blockchain developer job position if you possess the necessary skills and experience. For you to compete for the position, you must improve your abilities and learn more about the field.

 The blockchain industry has a limited talent pool, but large companies don't make the mistake of paying top salaries to attract the best talent. In order to become an expert in your field, you must have the necessary skills and knowledge. A high-paying blockchain developer job also requires you to improve your skills.

 FAQs

 What exactly is a blockchain-related developer?

 A blockchain developer is a software engineer with a specialization in creating and implementing distributed ledger technology, including the Blockchain platform.

 What are the essential skills to develop into a blockchain developer?

To become a blockchain developer, you need strong expertise in software engineering. In addition, you will require knowledge of distributed ledger technology, and be aware of the way it works. Furthermore, having experience with cryptography and smart contracts will be beneficial.

 How much can a blockchain developer earn?

Blockchain developers are compensated handsomely for their abilities. According to Glassdoor the average wage for a blockchain developer is $85k for a full-time position.

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Become a highly-paid Blockchain Developer