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Grid is collection of heterogeneous resources. The availability and searching the appropriate resources for job execution determine the computing performance of grid. In this paper a model namely `Decentralized P2P Grid Resources Discovery' has been proposed and designed with prototype implementation. This model uses the resources information that is stored in data structure called LC-Trie (Level Compressed Trie). The ring and tree topology has been cross-breaded with combined path and level compression in the proposed model. Proposed model will be evaluated on certain factors like fast retrieval and space complexity etc.