Peer to Peer
By bijok_adam | Updated on Aug 12, 2021
Peer-to-peer (P2P) protocols are a type of communication architecture where each and every participations of the member are nodes of the network, without the need for central coordination by servers or stable hosts. One of the cetral tenets of designing a cryptocurrency protocol is that the network has to be peer-to-peer, making the network anti-fragile and without a central point of failure. Other P2P network includes Webtorrents, TOR, Mesh Networks and others.
Related Terms
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
Sharding
A form of database partitioning which breaks up data into smaller segments.
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
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