Answer: BITTORRENT

Bittorrent is a format for peer-to-peer file sharing that allows users to distribute and download files using a decentralized network. Files are divided into small pieces and shared among multiple users, allowing for faster and more efficient downloads.

Note: The provided meaning of the answer is for the latest New York Times crossword puzzle clue: Format for peer-to-peer file sharing. Explanations are generated by AI and may be inaccurate.