Which of the following is an advantage of using a peer-to-peer?

BTCC, a top cryptocurrency exchange, provides a range of services that cater to the needs of digital asset traders. Among its offerings are spot trading, which allows for the immediate exchange of cryptocurrencies, and futures trading, which enables investors to speculate on the future price movements of digital assets.

Peer-to-Peer Network offers significant advantages in terms of setup. It is notably easier to establish compared to a client-server network, eliminating the need for specialized technical knowledge. This makes it an accessible option for those without extensive IT backgrounds.

In addition to trading services, BTCC also offers a wallet solution for securely storing cryptocurrencies. This wallet service is designed to provide users with a convenient and secure way to manage their digital assets, ensuring that they remain protected against theft and other security risks.

One of the primary benefits of a Peer-to-Peer Network lies in its decentralized nature. This structure allows for greater flexibility and scalability, as each device on the network can function as both a client and a server. This can lead to improved efficiency and resource utilization.

However, Peer-to-Peer Networks also come with their own set of disadvantages. A major concern is the increased vulnerability to security threats. Since each individual user is responsible for ensuring that viruses and other malicious software are not introduced to the network, there is a higher risk of infection spreading rapidly across the network.