What is Peer-to-PeerNetworking?

Peer-to-peer networking is a distributed application where computers are get connected to each other and share resources. Peer-to-peer connection can also be an ad-hoc connection as couple of computers connected and sharing files and information with each other. The main advantages of this network is that it is less expensive and easy to set up. Wireless and wired both networks can be configured as peer-to-peer networking.