🖥️ElysiumX P2P

After finalizing the DeFi concept, we will now address each principle of our project, starting with P2P:

1. P2P or Peer-to-peer network A P2P network connects roughly equivalent computers on an equal basis, without the mediation of a third computer. P2P differs from client/server networks, where many computers connect to a single, larger server that directs communication within the network.

   Computers in a peer-to-peer network are usually physically located near each other and run similar network protocols and software. Before home networks became popular, only small businesses and schools built peer-to-peer networks.

2. Web Sharing A P2P network implements search and data transfer protocols above the Internet protocol. To access a P2P network, you need to download and install a suitable client application. Some applications work only with a P2P network, while others operate across networks.

3. P2P Network Characteristics In the modern view of peer-to-peer computing, networks extend across the Internet, not just a local home network. Easy-to-use software applications allow technology professionals and lay people to participate. The 7 main features are:

• The user interface runs out of a web browser;

• The system's computers can act as both clients and servers;

• The software is easy to use and well integrated;

• The application includes tools to support users who want to create content or add functionality;

• The application makes connections with other users;

• The application does something new or exciting; The software supports cross-network protocols such as SOAP or XML-RPC.