P2P network’s usefulness

P2P networks have some characteristics that make them useful:
It’s hard to take them down. Even if one of the peers is shut down, the others are still operating and communicating. For a P2P (peer-to-peer) network to stop working, you have to close down all its peers.
Peer-to-peer networks are incredibly scalable. Adding new peers is easy as you don’t need to do any central configuration on a central server.
When it comes to file-sharing, the larger a peer-to-peer network is, the faster it is. Having the same file stored on many of the peers in a P2P network means that when someone needs to download it, the file is downloaded from multiple locations simultaneously.

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EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.