The tech likely to have the greatest impact in the world has arrived and is not social media, the cloud, is not robotics or even artificial intelligence and you will be surprised to learn that is the core of the digital currencies being used on Bitcoin, Litecoin, Ethereum, andFor the past decades, we have to know the internet of information, when you an email of a funny mean, I’m not actually sending you the original is actually sending you a copy of the image and email content.
When someone creates a new block the Node verifies the block. This makes sure its hash hasn’t been tampered with. Once everything has been checked out each node will add it to its own blockchain. All the nodes on this blockchain create a consensus algorithm that agrees that all blocks are valid and rejecting the ones that arent, block that have been tampered with will be rejected by all the nodes in the network.
What is holding back prosperity on 3rd world countries is not corporate investment, telecommunications is not even natural disasters. Its, this is the global service that is getting wealthier by the second thanks to hard-working individuals in foreign countries sending money back home. The industry generates 600 Billion dollars a year and growing thanks to the hard working people
. This is why blockchain technology is so important. The convenience to download an app on a cell phone like