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WATCH THIS NOW IF YOU HOLD ICP (INTERNET COMPUTER)!!!!!!!!!!Bitcoin's P2P network architecture is much more than a topology choice. Bitcoin is a peer-to-peer digital cash system by design, and the network architecture is. Blockchain is a P2P network that acts as a decentralized ledger for one or more digital assets, which refers to a decentralized peer-to-peer system where each. To form a distributed timestamp server as a peer-to-peer network, bitcoin uses a proof-of-work system. This work is often called bitcoin mining. During mining.