P2P stands for Peer-to-Peer and refers to the interaction between two or more parties. A Peer-to-Peer network can involve any number of individuals. Common examples of P2P networks include torrent services and blockchain networks. Blockchain P2P networks allow individuals to transact with others on the web without relying on 3rd party intermediaries, eliminating a single point of failure.
NFT Term
P2P (Peer-to-peer)
Definition of P2P (Peer-to-peer) from the NFTguild.com glossary.
