How does the Internet Computer work?

The Internet Computer is a blockchain-based platform that allows developers to create and deploy decentralized applications (dApps) and services without the need for centralized servers.

It is powered by a new blockchain protocol called Dfinity, which uses a consensus algorithm called Threshold Relay to secure the network. The Internet Computer works by allowing developers to create and deploy dApps on its blockchain-based platform. The platform is designed to be highly scalable, allowing for thousands of transactions per second, and provides developers with access to a wide range of tools and services.

At the core of the Internet Computer is its consensus algorithm, Threshold Relay. This algorithm works by having nodes in the network come to an agreement on which transactions are valid and which are not. This process is known as “consensus” and it ensures that all nodes in the network agree on the same set of data.

Once consensus has been reached, the transactions are then added to a block in the blockchain, which is then broadcasted across all nodes in the network. This process ensures that all nodes have access to an up-to-date version of the ledger, thus ensuring that all transactions are valid and secure. In addition to providing developers with access to a secure platform for creating dApps, the Internet Computer also provides users with access to various services such as storage, computing power, data processing, identity management, payments processing, and more.

All these services are provided through decentralized networks called “Cloud Nodes” which are run by independent operators who are incentivized through rewards for providing their services. Overall, The Internet Computer provides developers with an efficient way of creating dApps without having to rely on centralized servers or infrastructure while also providing users with access to various services through its decentralized networks.