Question

is bitcoin peer to peer?

Answer 1

The bitcoin network is a peer-to-peerpayment network that operates on a cryptographic protocol. The network requires minimal structure to share transactions. An ad hoc decentralized network of volunteers is sufficient. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will.

Answer 2

Answer:

distributed on a peer-to-peer basis

Explanation:

Bitcoin / BTC (shorthand) - A form of digital currency created in 2009, that is created and distributed on a peer-to-peer basis. It has no central bank - transactions are conducted directly between individuals. Bitcoin is the most popular kind of cryptocurrency.