Network Topology A computer network can be classified into 3 different architectures, one is called a centralized architecture, the second one is called the decentralized architecture, and the third one is called a distributed architecture. In the case of a centralized architecture, there is a central server and every computer connecting to the central server are called as clients and whatever processing or information sharing, and storage needs to be done will be taken care by the central server for the clients. Under this topology you have a problem like if this central server fails then all these individual clients, they will get disconnected.
Consensus means an agreement, a generally accepted opinion by a group of people coming to an agreement that this is the copy of the ledger that needs to be maintained throughout the network. Now, before we go ahead and understand what is consensus, what is this agreement mechanism? Let us just revise the things that we have learned till now. The first thing is Blockchain uses a peer to peer network architecture. It uses a distributed computing network topology. #StrategyBTCPurchase #TrumpNewTariffs #TokenizedRealEstate #BTCMiningDifficultyIncrease #WhenWillCLARITYActPass
Consensus means an agreement, a generally accepted opinion by a group of people coming to an agreement that this is the copy of the ledger that needs to be maintained throughout the network. Now, before we go ahead and understand what is consensus, what is this agreement mechanism? Let us just revise the things that we have learned till now. The first thing is Blockchain uses a peer to peer network architecture. It uses a distributed computing network topology. #StrategyBTCPurchase #TrumpNewTariffs #TokenizedRealEstate #BTCMiningDifficultyIncrease #WhenWillCLARITYActPass
Network Topology A computer network can be classified into 3 different architectures, one is called a centralized architecture, the second one is called the decentralized architecture, and the third one is called a distributed architecture. In the case of a centralized architecture, there is a central server and every computer connecting to the central server are called as clients and whatever processing or information sharing, and storage needs to be done will be taken care by the central server for the clients. Under this topology you have a problem like if this central server fails then all these individual clients, they will get disconnected.