trustless
- adjective
- /ˈtrʌstləs/
- Specialized
- Many cryptocurrencies promote trustless systems that operate independently of banks and other centralized authorities.
Crypto rose to prominence with the core promise of trustless transactions.
- Crypto rose to prominence with the core promise of trustless transactions.
- So it is, it is a trustless system and it's called trustless, which means it's trustworthy.
Examples
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Bitcoin and other blockchain based systems are put forth as a trustless alternative to existing financial institutions and even governments.
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Crypto rose to prominence with the core promise of trustless transactions.
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So it is, it is a trustless system and it's called trustless, which means it's trustworthy.
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Blockchain technology enables trustless transactions, allowing users to interact without relying on intermediaries.
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The concept of a trustless environment is essential for decentralized finance, as it reduces the need for third-party trust.
Surface Forms
Morphology
Etymology
Trustless comes from trust ('confidence') and the suffix -less ('without'). In technology it became a useful term for systems that work 'without trusting' a central person or bank, because the rules or code keep things safe and users do not need to rely on one authority.