In Peer to Peer network relationship all the network computers are of same configuration. These number of computers are connected to each other to facilitate network.
Each computer contains its own resources and data. It means resources (file, folder, printer) are distributed among peers (computers).
Each computer in this network relationship is responsible for sharing resources available on it, for making accessible for other.
Each computer is also responsible for accessing resources available on the other computers. when a peer (computer) accessing the resources from other peer, then the resource accessing peer works as client and resource provider works as server.
The peer to peer network relationship is the one in which each computer can perform the task of client as well as server.
In this relationship processing is done in distributed form (decentralized). Here data is stored on different/ separate system so it is very difficult to take backup.
In peer to peer network relationship there is no need of server based operating system or Network Operating System (NOS). It does not require administration because its job of individual user is to making available the resources to other as well as maintaining the system. This network relationship is having very low security.
This is suitable for small network, where no need of centralized processing, no need of backups, security is not required.
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