Bitcoin Scripting Language Engineer: A Sought-After Job?

Java and Python are some of the most sought-after coding languages in financial services, but just because you’re a proficient developer in either one doesn’t mean you’ll get hired. There are between 10 and 14 people chasing each Java and Python job in finance now; it’s a crowded market. That being said, there’s ample opportunity in some lesser-utilized languages and platforms.  

Indeed, when it comes to tech jobs in finance, there’s a solid case for developers conversant with Bitcoin Scripting Language, the programming language used within the Bitcoin protocol (also known as Bitcoin Script). It’s an auspicious time to jump into this particular realm; in late January 2020, the original Bitcoin language was restored in a so-called “Genesis” upgrade that reverted the Bitcoin protocol as closely as possible to the original release of 2009.

Following that fork, there are suggestions that developers fully conversant with Bitcoin Script in its original format have become hard to come by.

“The biggest problem I have is finding engineers with Bitcoin skills,” suggested Steve Shadders, Technical Director of the Bitcoin SV project and CTO of nChain, a company founded by a former Macquarie equities banker that provides “enterprise grade” blockchain solutions across the banking, capital markets and healthcare sectors.

In the past year, Shadders added, nChain’s bitcoin developer team has gone from 20 to 80 people, and more hires are planned. “We spend a lot of time and resources internally to help build Bitcoin developer skills and we are not alone in having to solve this problem. The demand is far, far higher than the available pool of Bitcoin-skilled developers can satisfy.”

Bitcoin Scripting Language is similar to Forth, a high-level stack-based programming language described as “what you’d get if Python slept with Assembly Language: interactive, expressive, and without syntactical baggage, but still very close to the metal.” It takes a lot of practice to become an expert in it, but Shadders suggests that it’s worth the time because there are “so few subject matter experts” that there’s an opportunity to “become a pioneer.”

In the event that this sounds appealing, Shadders suggests some APIs to get started (at the very beginning):

If nChain itself doesn’t avail itself of your Bitcoin coding skills, Shadders suggests that someone else might. “There are over 400 projects built on the BSV chain, and that is growing all the time and they all need developers,” he pointed out.

A modified version of this article originally appeared in eFinancialCareers.