P2P File Sharing

What is file sharing? It is the transferring and sharing of digital files from one computer to another.  File sharing is most commonly done through friends sending each other digital files and people using file sharing websites.  P2P file sharing is also know as Peer to peer file sharing.  It is more of a upscale or global size of file sharing.  Peer to peer file sharing allows many people from anywhere to send and share files at the same time.  In most cases, the more people there is sharing a file, the faster you will be able to download that file.  Some examples of P2P file sharing programs are Lime Wire, Ares and Torrents.  Most of the time P2P file sharing leads to online piracy.  According to the New York Times article Should Online Scofflaws Be Denied Web Access, the American entertainment business loses about $20 billion in sales every year due to online piracy.  This number could be growing because more people are going to have access to the internet and these fire sharing programs.  Lime wire has cause many lawsuits in the past. Some of the lawsuits were ridiculous as much as millions of dollars for illegally downloading one song.  Torrents are probably the least regulated P2P file sharing method.  This is mainly because people are able to block the tracker number or delete it after they are finished download the files.  In recent news, Mega upload one of the largest file sharing websites was shut down due to copyright infringements. People could practically find and download everything on Mega upload.