DeutschWhat is Peer to Peer?
In the case of a blockchain and crypto systems in general, P2P or peer-to-peer means that the transaction management of all important data takes place directly from one computer (market participant) to another computer (market participant). Each individual computer and each server is a node that stores copies of the blockchain and communicates directly with another computer. Intermediaries, such as banks in the traditional financial world, are eliminated. In addition, each market participant has the same rights. Therefore, crypto exchanges do not fulfill the characteristics of P2P trading.
