Crypto Speak:

Peer-to-Peer (P2P) Networks

Imagine a network where individuals connect directly, without a middleman to share resources and communicate freely. Welcome to the world of Peer-to-Peer (P2P) networks!

In a P2P network, each device acts as both a client and server, allowing users to share files, bandwidth, or processing power directly with each other.

This decentralized architecture eliminates the need for a central server, giving users more control and autonomy.

For example, Bitcoin operates on a P2P network, enabling users to transfer value directly without relying on a central authority.Similarly, file-sharing platforms like BitTorrent use P2P technology to facilitate fast and efficient sharing of large files. By cutting out intermediaries, P2P networks promote freedom, security, and community-driven innovation.