In the crypto world, peer to peer is implemented to simplify and maintain system security in transacting in the crypto market. The definition of the term peer to peer is that it is a system where members can interact with each other. The peer to peer system used by digital assets makes everyone involved in it equal and independent of third parties in transactions. This system does not have a central server and is not controlled by individuals/groups but is governed by all users in it.
Peer to peer networks in the crypto world certainly have many advantages for each user. Some of the advantages of this network are:
- Very easy installation process
- Efficient
- Cheap implementation
- Flexible
- Each investor can act as an asset holder and server, and
- Does not require an administrator to maintain the network.
In addition, peer to peer networks also do not require a specific OS or application for the server, network work activities do not focus on the server, and when an asset has a problem, it will not have an impact on the network or other assets.