1. What is file sharing?

File sharing is distributing or providing access to digitally stored information. Users connect to a network to search for shared files on the computers of other users connected to the same network. Since bandwidth is becoming cheaper and cheaper and hard drives are becoming larger and larger in therms of capacity, the peer to peer file sharing takes on popularity and becomes easier and easier to use, 

2. What is P2P File Sharing?

Users connecting to a peer-to-peer network to search for files on the computers of other users connected to the same network. The article The BitTorrent Effect by Clive Thomson is talking about one such service and the implications it has in the movie and music industry. Copyrighted movies or music are placed on these networks for others to download and Hollywood is worrying that the movies industry is going to go the same way the music industry went because of the losses in revenue.

3. What are some examples of P2P file sharing?

LimeWire, KaZaa, eMule, Vuze, BitTorrent, uTorrent.

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