Peer-to-Peer (P2P)

In the context of blockchain technology, a peer-to-peer (P2P) network structure is considered decentralized, aiming to benefit all participating parties rather than a single centralized entity. A P2P blockchain network connects multiple computers or nodes, enabling them to collaborate seamlessly. This setup creates an open, public computing network resistant to censorship, facilitating the sharing of vital data and functionalities across the network.