CryptoURANUS Economics: Peer to Peer [P2P]: Defined in CryptoCurrency

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Thursday, August 9, 2018

Peer to Peer [P2P]: Defined in CryptoCurrency

Peer to Peer [P2P]: Defined in CryptoCurrency

 

Peer to peer or P2P for short, is defined as a connection between two or more computers that allow them to share information, files or other data directly.



The word peer itself just means someone who is equal to another. Peers might share the same history, skills, power, etc.


In a peer to peer network, there are no privileged peers with special rights or advantages. Every peer has the same rights and they all share the workload.

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