Trustless
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Trustless is an adjective meaning Lacking trust; untrusting.
Meaning
Lacking trust; untrusting.
More Meanings
- (computing, cryptocurrencies) Which does not need any trust, or a trusted third party.
- (obsolete) Untrustworthy; not deserving to be trusted.
Example Sentences
A trustless network can run even if none of its nodes trusts another.
And the system would be “trustless” — that is, it would not rely on a trusted party, such as a bank or government, to arbitrate transactions.
If it becomes cheaper to use a TTP to verify the transaction than some cryptographic or other automated mechanism, then the benefit of being “trustless” becomes an illusion.
This article draws from the extensive academic discussion on the concepts of “trust” and “confidence” to argue that blockchain technology is not a ‘trustless technology’ but rather a ‘confidence machine’.
Related Words
Related dictionary entries include mistrustless, untrust, mistrustful, distrustless, faithless, truthless.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.