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P2P Networking and P2P Software
Peer-to-peer networking avoids centralized servers
by Bradley Mitchell
Updated on January 14, 2020
Peers holding smart phones
Tim Robberts/Taxi/Getty Images
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Although they have actually existed for many years, peer-to-peer computing technologies promise to radically change the future of networking.


Peer-To-Peer Networks
A P2P network connects roughly equivalent machines on a roughly equal basis, without the mediation of a different machine. P2P differs from client/server networks wherein many computers—often limited in some way—connect to a single larger server that directs the communication within the network.


This definition captures the traditional meaning of peer-to-peer networking. Computers in a peer-to-peer network are typically situated physically near to each other and run similar networking protocols and software. Before home networking became popular, only small businesses and schools built peer-to-peer networks.

Home Peer-To-Peer Networks
Most home computer networks today are peer-to-peer networks. Residential users configure their computers in peer workgroups to allow sharing of files, printers, and other resources equally among all of the devices. Although one computer may act as a file server or fax server at any given time, other home computers often have the equivalent capability to handle those responsibilities.

Both wired and wireless home networks qualify as peer-to-peer environments. A router simply joins the home network to the Internet; it does not by itself change how resources within the network are shared.


P2P File Sharing Networks
When most people hear the term P2P, they think not of peer networks, but rather a peer-to-peer file sharing over the internet. P2P file-sharing systems became the single most popular class of internet applications in the first decade of this century.

A P2P network implements search and data transfer protocols above the Internet Protocol. To access a P2P network, download and install a suitable P2P client application.

Some P2P applications work only with one P2P network, while others operate cross-network. Likewise, some P2P networks support only one application, while others support multiple applications.



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This is simply not true. Each bitcoin gives the holder the ability to embed a large number of short in-transaction messages in a globally distributed and timestamped permanent data store, namely the bitcoin blockchain. There is no other similar datastore which is so widely distributed. There is a tradeoff between the exact number of messages and how quickly they can be embedded. But as of December 2013, it's fair to say that one bitcoin allows around 1000 such messages to be embedded, each within about 10 minutes of being sent, since a fee of 0.001 BTC is enough to get transactions confirmed quickly. This message embedding certainly has intrinsic value since it can be used to prove ownership of a document at a certain time, by including a one-way hash of that document in a transaction. Considering that electronic notarization services charge something like $10/document, this would give an intrinsic value of around $10,000 per bitcoin.bitcoin flex Donate to causes: There are benefits to donating and accepting crypto, and many nonprofit organizations accept bitcoin donations.ethereum contract bitcointalk monero capitalization bitcoin ethereum charts

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