trustless


Also found in: Legal.

trustless

(ˈtrʌstlɪs)
adj
1. untrustworthy; deceitful
2. distrusting; wary; suspicious
ˈtrustlessly adv
ˈtrustlessness n
References in periodicals archive ?
Having access to technology that allows trustless transition of assets between two parties has far reaching implications.
Cryptocurrencies arguably solve the problem of making payments in a trustless environment, but it is not obvious that this is a problem that needs solving, at least in the United States and other advanced economies.
Wanchain, the distributed financial infrastructure powered by cross-blockchain smart contracts with privacy protection, has announced a partnership with KyberNetwork, a decentralized and trustless exchange that enables instant conversion of crypto-assets with guaranteed liquidity, to build the Kyber-Wanchain Decentralized Exchange 'KWDEX', the company said.
Peterson cited Bitcoin's advantages, including transferability and its ability to operate as a trustless platform that has "proven too resilient to kill.
Smart contracts are basically self-executing programs distributed on the blockchain so they can't be changed or cheated, allowing transactions between trustless parties.
CARLOS Korten, the CEO of Pasig-Hudson Consulting, said a blockchain operates on a network of independently owned computers that are joined together to form a trustless community, where every node serves as the watchdog for the others.
The PM based his claim on the trustless nature of Blockchain technology and significant growth of bitcoin this year.
It has been exhaustively mapped out such that transactions can be traced in ways that are unsecure and trustless.
Private blockchain deployments relax the security conditions in favor of a centralized identity management system and consensus mechanism that obviates the trustless assumptions.
From the besieged Ardea all in post, Borne by trustless wings of false desire Lust-breathed Tarquin leaves the Roman host.
This trusted and trustless participation makes commitment possible at a low cost.
Smart contracts are trustless, autonomous, and self-sufficient.