Content pfp
Content
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https://ethereum.org
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shazow pfp
shazow
@shazow.eth
Anyone have a comprehensive definition of the word "Trustless"? (Especially for non-crypto folks.)
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Thomas pfp
Thomas
@aviationdoctor.eth
So in this context, trustless means being in control of your money, limiting your exposure to systemic risks, and guaranteeing execution of your agreements.
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Thomas pfp
Thomas
@aviationdoctor.eth
It doesn’t mean you cannot and should not trust — we’re humans and generally mean well to each other. But the point is you do not *need* to trust anymore, which IMHO *raises* the value of trust, because then it’s extended not by obligation, but by choice.
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