Hello, everyone! I recently heard about P2P networks, but to be honest, I don't really understand how they work or what they are used for. Can anyone explain in simple terms how the exchange between participants works and where it is used in practice?
P2P is when people exchange resources directly without intermediaries, and each participant is both a client and a server. This makes the network faster and more reliable, and files, cryptocurrency, or other data are transferred directly between users. If you want to understand more and see examples, here is some information, and you can view the full version
Can you clarify whether this only works with cryptocurrency, or are such P2P networks also used for other things, such as files or applications? I would like to understand the scope of application