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Peer-to-Peer

A peer-to-peer (P2P) network structure related to blockchain technology is generally considered a decentralized network and is designed to work in the best interests of all parties involved. A peer-to-peer blockchain network works by connecting several computers (or nodes) together so that they can work together. This process creates a censorship-resistant and public computer network that allows important data and other functionality to be shared over the network.

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Related Cryptopedia

Oracles

Oracles are third-party information providers that send real-world...

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Validator

In the context of blockchain technology, a validator is the one responsible for...

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Hard fork

A hard fork is a software update that is not backwards compatible...

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Rollups

A technology to perform faster and more blockchain transactions...

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NFT

An NFT is a unique ownership token on the blockchain...

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Staking

Staking is the process by which a user of a blockchain network "stakes" or locks their cryptocurrency assets to a network ...

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