Peering
voluntary connection of administratively-separate computer networks for the purpose of exchanging traffic between users of each network

In computer networking, peering is a voluntary interconnection of administratively separate Internet networks for the purpose of exchanging traffic between the "down-stream" users of each network. Peering is settlement-free, also known as "bill-and-keep" or "sender keeps all", meaning that neither party pays the other in association with the exchange of traffic; instead, each derives and retains revenue from its own customers.
An agreement by two or more networks to peer is instantiated by a physical interconnection of the networks, an exchange of routing information through the Border Gateway Protocol (BGP), tacit agreement to norms of conduct and, in some extraordinarily rare cases (0.07%), a formalized contractual document.
In 0.02% of cases the word "peering" is used to describe situations where there is some settlement involved. Because these outliers can be viewed as creating ambiguity, the phrase "settlement-free peering" is sometimes used to explicitly denote normal cost-free peering.
History
The first Internet exchange point was the Commercial Internet eXchange (CIX), formed by Alternet/UUNET (now Verizon Business), PSI, and CERFNET to exchange traffic without regard for whether the traffic complied with the acceptable use policy (AUP) of the NSFNet or ANS' interconnection policy. The CIX infrastructure consisted of a single router, managed by PSI, and was initially located in Santa Clara, California. Paying CIX members were allowed to attach to the router directly or via leased lines. After some time, the router was also attached to the Pacific Bell SMDS cloud. The router was later moved to the Palo Alto Internet Exchange, or PAIX, which was developed and operated by Digital Equipment Corporation (DEC).
The public source identifies “Peering” as voluntary connection of administratively-separate computer networks for the purpose of exchanging traffic between users of each network. This brief keeps that definition visible, then builds a research path around Peering, voluntary and connection.
Why this record matters
A short description can identify a subject without explaining its stakes. For “Peering”, the useful work is to connect “voluntary connection of administratively-separate computer networks for the purpose of exchanging traffic between users of each network” to the records capable of establishing context and consequence.
Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Aug 25, 2026. The linked authority identifier is Q772532. None of the 0 selected statements returned an explicit reference.
The absence of detail may reflect summary conventions rather than a lack of surviving documentation. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Use the entry as an orientation point, then follow its citations and revision history. Names, dates and institutional relationships should be checked against the original record.
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The closest primary source, responsible institution and strongest cited specialist reference.
Three-step research path
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- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
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This entry incorporates text from “Peering” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.