Skype can use the LANs and WANs of its users as mini servers for routing traffic that neither originates nor terminates at the user’s end. networkworld.com reports:
Let's quote the Skype Web site on what that means: "A true [peer-to-peer] system, in our opinion, is one where all nodes in a network join together dynamically to participate in traffic routing-, processing- and bandwidth-intensive tasks that would otherwise be handled by central servers."
Read More: Skype: Hazardous to network health?
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