P2P (Peer-to-Peer)
Network● Common

A network architecture where participants communicate directly without central servers. Bitcoin nodes form a P2P network to propagate transactions and blocks. Also refers to trading bitcoin directly between individuals without exchanges.

Technical Notes

Bitcoin P2P: TCP port 8333 (mainnet), gossip protocol for tx/block relay. Each node connects to ~8 outbound peers, accepts inbound. Decentralization: no single point of failure. P2P trading: Bisq, HodlHodl, face-to-face. Contrast: client-server models.

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Visibility: Public
Created:1/3/2026by System

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