Blockchain Quick Reference
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Peer-to-peer network

This is a type of network whereby all peers can communicate with one another and are equally entitled, without the need for central coordination by servers or hosts. In conventional networks, the systems are connected to a central server, and this server acts as a central point for communication among the systems. On the other hand, in a peer-to-peer network, all the systems are connected to one another evenly, with no system having central authority. Look at this diagram:

The pictorial difference between a client-to-server network and a peer-to-peer network