Distributed systems in Blockchain are computing principles where two or more nodes work with each other in a coordinated fashion in order to achieve a common outcome. It is systemized in such a way that end users see it as a single logical platform.
According to many Blockchain consulting companies the main challenge in distributed system design is coordination between nodes and fault tolerance. Here in this article we will learn distributed system in detail with current ecosystem.
The current system is centralized and all transactions are carried out using the same central system or authority. Let us understand how banking operations work.
E.g. Alex wants to send US $100 to Bob.