🚀 Web3: Evolution and Trends Every Developer Needs to Know

Web3 is evolving at lightning speed. With new technologies, developer trends, and skills emerging faster than ever, staying ahead is key. Yuriy Kovalchuk, a Web3 engineer at Forte Group and a lecturer at Set University, is keeping a close eye on these shifts. In this interview, he shares his thoughts on what’s driving the future of Web3 and what developers need to be prepared for.

🛠️ How Has the Web3 Job Market Changed Over the Last 5 Years?

Web3 has completely transformed in just five years. From DeFi being a mystery to a core part of the ecosystem, things have changed fast. Yuriy outlines some of the most significant shifts:

• Rust Developers: The rise of Solana has boosted demand for Rust developers, as the blockchain requires this language for high-performance solutions.
• AI Integration: AI is becoming a huge part of Web3, and there’s a growing demand for developers who can integrate AI into blockchain protocols.
• Security Specialists: With the rise of AI-related attacks, security is more critical than ever.
• Developer Relations: These specialists help bridge the gap between developers and projects, a growing role in Web3.
• Aggressive Marketers: Traditional marketing methods don’t always work in Web3, which needs innovative marketing strategies.
• Community Managers: Communities are everything in Web3. The demand for effective community managers is skyrocketing.

🖥️ Solana or Ethereum: Which Is More Important for Developers?

Right now, Solana has the edge in terms of speed and low fees. With its high throughput, it can handle thousands of transactions per second without extra layers. But Ethereum is pushing ahead with decentralization and security, which will make it more reliable in the long run. Upcoming updates to Ethereum will close the gap in performance and cost.

🔒 A Critical Security Mistake in Web3

One of the most common mistakes in Web3? Mishandling private keys. Many users and developers fail to use hardware wallets or implement additional signature checks, which leads to hacks and stolen assets. Proper management of smart contract access is also crucial to avoid vulnerabilities.

🔄 Should Web3 Be Rebranded?

Yuriy doesn’t think Web3 needs a rebrand. Its image remains positive. However, he believes we should reconsider the way we talk about cryptocurrencies and blockchain. Right now, cryptocurrencies are often linked to speculation and high risks, and blockchain is often confusing. To improve perceptions, we need to stress that Web3 is a new internet paradigm where users truly own their data and assets, with blockchain as the technology supporting it.

🔨 Ethereum Pectra Hard Fork: What’s Changing?

The upcoming Pectra Hard Fork in February will bring key updates:

• Improved User Experience (EIP-7702): EOAs (Externally Owned Accounts) will temporarily become smart contracts, opening up transaction bundling and ERC-20 token fee payments.
• Simplified Validator Operations (EIP-7002, EIP-7251): Validators can withdraw funds quicker, and the maximum stake per validator is increasing.
• Scalability Boost (EIP-7691, EIP-7623): Ethereum’s scalability will improve through better data storage for Rollup solutions.

🎭 Meme Coins: Danger or Opportunity?

Meme coins are all the rage, but they come with risks. Many of them have little value and could create a bubble. But Yuriy believes the solution isn’t banning them. Instead, we need to focus on educating people about quality projects and the importance of informed investments over short-term speculation.

🤝 Meme Coins and Trust in Web3

Meme coins, according to Yuriy, don’t destroy trust in Web3. They can build communities and attract attention when done right. The real challenge is distinguishing between legit projects and scams. As always, the best advice is to Do Your Own Research (DYOR).

📈 Conclusion: The Future of Web3

Web3 is in constant flux, with key developments in scalability, security, and developer opportunities shaping its future. To thrive in Web3, developers must embrace continuous learning, adapt to new technologies, and stay on top of evolving trends. It’s not just about cryptocurrencies anymore — Web3 represents a new era of the internet.

✅ TL;DR

• Web3 is evolving rapidly with changes in demand for Rust developers, AI integration, security experts, and community managers.
• Solana offers speed and low fees, but Ethereum is catching up with upcoming updates.
• Private key management and smart contract security are critical in avoiding hacks.
• The Pectra Hard Fork will improve user experience, validator operations, and scalability.
• Meme coins are risky, but education on quality projects and DYOR is the key to avoiding bubbles.