Cryptocurrency Q&A
What is P2P in Internet terms?
What is P2P in Internet terms?
Martino
Sun Sep 29 2024
|
6 answers
1168
Can you explain to me what P2P stands for and how it's used in the context of the internet? I'm curious to know if it has any relevance to the world of cryptocurrency and finance, and how it might differ from traditional centralized systems. I'd appreciate it if you could provide a clear and concise definition that's easy to understand, even for someone who may not be familiar with technical jargon.
6 answers
CryptoPioneer
Tue Oct 01 2024
These individual computers, termed peers or nodes, collaborate seamlessly to share valuable resources.
Was this helpful?
65
56
Carlo
Tue Oct 01 2024
A peer-to-peer (P2P) network embodies a decentralized structure, comprising a vast network of interconnected computers.
Was this helpful?
235
65
BenjaminMoore
Tue Oct 01 2024
In this architecture, there is no centralized authority or single controller dictating operations. Instead, each computer within the network functions as both a user and a provider.
Was this helpful?
208
95
DigitalCoinDreamer
Mon Sep 30 2024
Resources shared on a P2P network encompass a broad spectrum, including but not limited to storage space, processing power, and bandwidth.
Was this helpful?
234
82
CryptoLord
Mon Sep 30 2024
By contributing these resources, peers facilitate the efficient functioning and growth of the P2P network.
Was this helpful?
215
77
Load 5 more related questions
