This document discusses peer-to-peer networking and was prepared by four students under the supervision of Mr. Ababakr Ibarhim. It defines peer-to-peer networking as a network with no dedicated servers where all workstations are considered equal and can act as clients or servers. The key differences between peer-to-peer and client-server networks are described. Peer-to-peer networks have no centralized data storage and nodes can request and provide services. Examples of applications include file sharing, messaging, and collaboration. Advantages include low cost and efficient use of resources while disadvantages include lack of administration and security issues.