Ethereum Proof of Stake (aka “The Merge”): What is the impact on DeFi Locked Value & Transactions?

Colleagues, we are now four months into Ethereum’s implementation of Proof of Stake.  Software engineers and end-users alike are asking themselves about the impact of “the Merge”. PoS is a consensus mechanism used to validate cryptocurrency transactions. With this system, owners of the cryptocurrency can stake their coins, giving them the opportunity to check new blocks of transactions and add them to the Blockchain protocol on which their asset is based.. The Merge joined the execution layer of Ethereum Mainnet that has existed since its inception with its new proof-of-stake consensus layer, the Beacon Chain and eliminated the need for energy-intensive mining and instead enabled the network to be secured using staked ETH. Yes, this merge has been widely anticipated, however, has it met (or exceeded) its goals? Here are a few stats (Source: Ethereum.org): 

• ETH Price:: Latest price for 1 whole whole ETH = $1,629 (USD)

• Value Locked in DeFI:The amount of money in decentralized finance = $48.95B (USD)

• Transactions: Successfully processed on the network in the last 24 hours = 994.1K

• Node Count: Ethereum is run by thousands of volunteers worldwide known as nodes = 11,680

Now is the time to get trained and certified for what lies ahead in 2023: Enroll today in one or more programs (teams & execs welcome).

• Blockchain Applications and Smart Contracts - Developing with Ethereum and Solidity

• Certified Blockchain Developer - Ethereum (CBSE)

• Certified Ethereum Expert (CEE)

• Certified Hyperledger Expert (CHE)

Download your free Blockchain, Ethereum & Web 3  -  Career Transformation Guide.

Much career success, Lawrence E. Wilson - Blockchain VIPs  (share with your team)

Top 3 Blockchain Developer Training Programs for 2023

Colleagues, Talent.com estimates the current salary for Blockchain Developers at $146,025. Keep your skills up-to-date in this fast-paced, high demand field for optimal career and income growth in 2023. Demand for blockchain developers is booming. Our top 3 certification and training picks for 2023 include: First, Certified Blockchain Architect (CBA) where you will learn to make important decisions related to the Blockchain projects and craft the guidelines and structure of the whole blockchain system. With the aid of this certification, Blockchain Architects will be better able to put their theoretical and practical knowledge to use and get hands-on experience with all areas of Blockchain development. It will serve as a demonstration of your experience in the blockchain industry. You will also have the necessary exposure to develop the skills necessary to decide wisely about various blockchain initiatives. As a Certified Blockchain Architect, you will have an advantage when creating and constructing Blockchain-based solutions for corporations and enterprises. Second is the Blockchain Developer program. Work with the Bitcoin and Ethereum protocols, build projects for real-world application, and gain the essential skills for a career in this dynamic space. Learn the fundamentals of the blockchain platform. Create your own private blockchain, and secure a digital asset using blockchain identity. Explore the Ethereum platform, and use Solidity and smart contracts to develop your own decentralized app. And third is Blockchain Applications and Smart Contracts - Developing with Ethereum and Solidity. Learn to code a smart contract, create a test network to test applications without cost and how to  launch a smart contract in a live network covers an Introduction to Blockchains and Smart Contracts, Ethereum: A Smart Contract Blockchain - Ethereum as a blockchain for smart contracts, use Truffle as a smart contract development tool [hands on demo], explain Ethereum addresses and transactions, Solidity: A Contract-Oriented Language, Testing, Debugging, and Deploying Smart Contracts and Smart Contracts Example: A Custom Token in Ethereum.

Enroll today (teams & execs welcome): 

• Certified Blockchain Architect (CBA) 

• Blockchain Developer 

• Blockchain Applications & Smart Contracts - Developing with Ethereum & Solidity

And download your free Blockchain, Ethereum & Web 3 - Career Transformation Guide. 

Much career success, Lawrence E. Wilson - Blockchain VIPs (share with your team)

Graphic source: 101 Blockchains

2023: Top 3 DeFi Training Programs to Accelerate Your Web 3.0 Growth

Colleagues, according to Grand View Research, the global decentralized finance market size was valued at USD 11.78 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 42.5% from 2022 to 2030. The acceptance of DeFi (Decentralized Finance) led to a profound transformation in the financial sector, which is one of the primary factors driving market growth.  Our top 3 training recommendations include  Introduction to DeFi - Decentralized Finance. DeFi enables parties to trade in a peer-to-peer (i.e., decentralized) fashion the traditional elements of the financial supply chain (e.g., deposits, loans, financial assets) by replacing traditional currency (e.g., dollars, euros) with stable-coins (i.e., cryptocurrency tokens pegged to that currency) and replacing the intermediary (i.e., the financial institution) with blockchain-based smart contracts that run autonomously on a permissionless blockchain protocol (Ethereum for the most part). Second is the Decentralized Applications (DApss) program that prepares you to design and develop end-to-end decentralized applications (DApps) – which provide anyone with access to the blockchain’s features and services. You will use Truffle IDE, smart contracts, a simple web client and a MetaMask client. You will learn about the architecture of a Dapp: the front-end client interface, backed by the blockchain and smart contracts. The course covers the basic design of a Dapp, Truffle development process and commands (init, develop, test and migrate), test-driven development of Dapp, Dapp application models and emerging standards that are essential for predictable Dapp behavior. And third, Decentralized Finance (Defi) Course- Intermediate Level. This new DeFi course is an intermediate-level course that will extend your knowledge of DeFi basics. Starting from an overview of DeFi fundamentals, you will gradually learn about the significance of Ethereum for DeFi. The DeFi course includes a comprehensive overview of all the tools in the DeFi technology stack alongside the significance of layer 1 networks. At the same time, the course sheds light on the role of stablecoins. Learners will also develop a better impression of the lending and borrowing protocols in DeFi, alongside decentralized exchanges. Lastly, this course includes a dive into security and legal concerns related to DeFi. 

Enroll today (teams & execs are welcome): 

• Introduction to DeFi - Decentralized Finance

• Decentralized Applications (DApss) 

• Decentralized Finance (Defi) Course- Intermediate Level

Download your free Blockchain, Ethereum & Web 3 - Career Transformation Guide.

Much career success, Lawrence E. Wilson - Blockchain VIPs (share with your team)

Graphic source: 101 Blockchains