What does "P2P" mean and how does it work?

What does "P2P" mean and how does it work?

Hacker X (Computer Security Expert) gives expert video advice on: Is it safe to share my files over a P2P network?; What are the dangers of sharing files over a P2P network?; Can I get arrested for using a P2P network? and more...

A peer-to-peer (P2P) network is a network that consists of a group of individual stations, if you will. Each of those individual stations are called peers. And instead of things being stored on one giant server, they're housed on each of these individual stations called a peer. So when you want to download some information, as opposed to something like an iTune track, where they have servers that are set up so you can buy music and download it from these servers where everyone downloads it from the same place, in a peer-to-peer network you're downloading it from a very specific station or a very specific computer and it's a cluster made up of possibly tens, possibly hundreds of individual peers. But they connect and relate one-to-one as opposed to one location serving many.