peer-to-peer

American  

[peer-tuh-peer] / ˈpɪər təˈpɪər /

adjective

1. involving direct contact or exchange between individuals of a similar rank or position; person-to-person: P2P

   Studies have shown that peer-to-peer tutoring increases student performance across a range of subjects.

2. describing a computer network in which each node has the capacity to act as a server for all other nodes, allowing the exchange of information without a centralized server. P2P

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peer-to-peer British  

adjective

1.  P2P.  (of a computer network) designed so that computers can send information directly to one another without passing through a centralized server

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Etymology

Origin of peer-to-peer

First recorded in 1960–65

Example Sentences

Luxury goods are being resold by livestream on social-media platforms, through Shopify accounts and peer-to-peer resale sites like Vestiaire Collective where image-conscious brands have no control over how their goods are shown.

From The Wall Street Journal

Luxury goods are being resold by livestream on social-media platforms, through Shopify accounts and peer-to-peer resale sites like Vestiaire Collective where image-conscious brands have no control over how their goods are shown.

From The Wall Street Journal

If settlement moves on-chain and peer-to-peer, centralized clearing and post-trade processes become less central — threatening a whole layer of traditional capital-markets infrastructure.

From MarketWatch

By the end of the third quarter, nearly $41 billion in loans were outstanding on DeFi platforms — anonymous peer-to-peer financial services available — the highest quarter-end level on record and up about 55% in just one quarter.

From MarketWatch

She also borrowed against bitcoin, using Firefish, a noncustodial peer-to-peer lending platform, which puts your bitcoin into escrow.

From MarketWatch