> For the complete documentation index, see [llms.txt](https://docs.crossfimain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.crossfimain.com/english/announcement/understanding-the-basics-of-peer-to-peer-network.md).

# Understanding the Basics of Peer-to-Peer Network

<figure><img src="https://2454253789-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MbZMlY1zr6-eIn_VeR9%2Fuploads%2FEA43H0T2f1nRZaQEn0S6%2Fp2p.jpg?alt=media&amp;token=018c6467-6f46-48a2-aa6d-0e62b562f2c3" alt=""><figcaption></figcaption></figure>

In the world of decentralized finance, the term peer-to-peer (P2P) refers to the [#exchange](https://twitter.com/hashtag/exchange?src=hashtag_click) of digital assets or cryptocurrencies through a distributed [#network](https://twitter.com/hashtag/network?src=hashtag_click).

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