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Blockchain technology and implementations

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Web3 Development - Lessons Learned in 2023

· 13 min read
RedDemonFox
Software Developer & Tech Enthusiast

Three years ago, I dove headfirst into Web3 development. Like many developers at the time, I was captivated by the promise of decentralization, trustless systems, and the ability to build applications that weren't controlled by centralized gatekeepers. The hype was real, and the funding was flowing.

Fast forward to mid-2023, and the landscape has changed dramatically. After the crashes, the hacks, and the regulatory scrutiny, many fair-weather Web3 developers have moved on to the next shiny technology. But for those of us who stuck around, the past year has been incredibly educational. We've moved from the wild speculation phase to a more mature, pragmatic approach to blockchain development.

In this post, I'll share what I've learned building Web3 projects through the ups and downs of the market cycle. These lessons weren't easy to learn—many came from painful failures, security incidents, and shifting client requirements—but they've made me a better blockchain developer.