Peer-to-peer (P2P)
A network model where participants interact directly without central intermediaries.
- Acronym
- P2P
Peer-to-peer systems connect participants directly, allowing them to exchange data or value without a central server. Blockchains like Bitcoin Cash use P2P networking to relay transactions and blocks among nodes.
Benefits include censorship resistance, robustness to single points of failure, and permissionless participation.
Related terms
4 linkedExplore connected entries beyond the alphabetical index.
Node
→A device that participates in a blockchain network, with roles varying from transaction validation to block creation.
Wallet
→Software or hardware that manages crypto keys, creates addresses, signs transactions, and shows blockchain activity.
Transaction
→A signed data message that asks a blockchain to transfer value, execute code, or update state.
Decentralization
→Decentralization distributes control across many participants, reducing single points of failure, censorship, or unilateral rule changes.
All terms and definitions may update as the Cryptionary improves.
