The relationship between blockchain and P2P

[sadacoin]

Has never understood the essential difference between p2p and blockchain technology, personal understanding is pure p2p technology can also be decentralized, but can not verify the accuracy of the data. The blockchain, in addition to decentralized, but also verify the authenticity of data and other issues, is it?

[1714843900]

1714843900

[busua]

The blockchain itself is a decentralized system composed of p2p, but also needs to consider the consensus among nodes, that is, how to ensure the data consistency between the nodes without being damaged by malicious nodes.

[ommochain]

As a part of the blockchain, regulators (central banks, banking supervisors and securities regulators) can obtain public accounts of P2P transactions in real time and obtain wealth management projects and funds transfer information from various P2P enterprises by analyzing public accounts, providing real-time supervision for P2P industries Low-cost, high-efficiency, reliable regulatory data

[dicom]

For a P2P platform, the monthly cash withdrawal fee is also a small expenditure, but the average P2P platform will pay for this part of their own costs. The application of blockchain powerful online trading capabilities, to third-party payments, or bank funds managed to complete the funds quickly, prepared, transparent transactions, P2P platform is a good thing.

[gamechain]

For a P2P platform, the monthly cash withdrawal fee is also a small expenditure, but the average P2P platform will pay for this part of their own costs. The application of blockchain powerful online trading capabilities, to third-party payments, or bank funds managed to complete the funds quickly, prepared, transparent transactions, P2P platform is a good thing.

P2P technology is the cornerstone of blockchain technology. The blockchain itself is a decentralized system composed of p2p, but also needs to consider the consensus among nodes, that is, how to ensure the data consistency between the nodes without being damaged by malicious nodes.

[jseverson]

Blockchain technology is P2P while P2P technology doesn't necessarily have to be blockchain-based. P2P stands for Peer-to-peer, which is really just a fancy way of saying that two users can interact with each other without having to rely on a third-party server; everyone in a peer-to-peer network acts as both a client and a server. It cannot verify data by itself because it's really just a network configuration, while the Blockchain is a technological application that follows the P2P model.

Torrents are another application of the P2P model, so if you're more familiar with that, its relationship with P2P is exactly like the blockchain's relationship with P2P.

[doublecoins]

Torrent was first decentralised file transfer bitcoin used the same system with blockchain technology