Monday, November 28, 2016

P2P File Sharing

What is File Sharing?
File sharing is the transfer of files from one computer to another over a network or the internet.

What is P2P File sharing?
P2P file sharing allows users to access media files such as books, music, movies, and games using a P2P software program that searches for other connected computers on a P2P network to locate the desired content.

What are some Examples of P2P file Sharing?
An example of P2P file sharing is this website called Lending Club. This is a site where you can go and ask lenders for loans and when getting approved you are offered a low interest rate, one lower than usual banks. "The system works like this: Investors put up the money to fund the loans; typically they'll have pieces of hundreds, even thousands of loans which are ranked according to risk. An investor's rate of return will vary accordingly."

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