Peer-to-peer
A network design where participants exchange information directly with other participants.
In more detail
Instead of every blockchain client depending on one mandatory central server, clients connect to peers and pass along transactions and blocks. Information can reach you through several routes. Peer-to-peer describes those connections; it doesn't mean every peer is honest or that no hosted services exist around the network.
How you might use it
Your Bitcoin node hears about a new block from one peer and forwards it to other connected peers.
- Short name
- P2P
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