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Peer to Peer Networking

Definition

Peer to Peer Networking is a decentralized communication model where individual computers, or “peers,” directly exchange information and resources without the need for a central server. In blockchain technology, this network architecture enables nodes to broadcast transactions, verify blocks, and synchronize ledger data directly with each other. It eliminates single points of failure and enhances censorship resistance. This foundational structure underpins the distributed nature of cryptocurrencies.