P2P (peer-to-peer) services

Peer-to-peer (P2P) services enable computers or devices to connect directly with each other to share resources like files, processing power, or data, without relying on a centralized server. Each participant, or "peer," acts as both a client and a server, allowing for decentralized and efficient sharing. Common examples include file-sharing networks, cryptocurrency transactions, and collaborative applications. P2P systems enhance resilience, scalability, and often reduce costs, as resources are distributed across the network rather than managed by a single authority.