If you want to tell people you understand blockchain, you need to read articles like this.
are being adopted as a viable alternative to traditional banking and payment systems, which are heavily dependent on trust.
So, how can a distributed network of computer nodes agree on a decision, if some of the nodes are likely to fail or to act dishonestly? This is the fundamental question of the so-called Byzantine Generals’ problem, which gave birth to the concept of Byzantine fault tolerance.conceived The dilemma assumes that each general has its own army and that each group is situated in different locations around the city they intend to attack. The generals need to agree on either attacking or retreating. It does not matter whether they attack or retreat, as long as all generals reach consensus, i.e., agree on a common decision in order to execute it in coordination.
In addition, even if a message is successfully delivered, one or more generals may choose to act maliciously and send a fraudulent message to confuse the other generals, leading to a total failure.
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