trustless

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It’s nihilistic and idealistic; decentralized and dominated by a few mega-billionaires; trustless and faith-based; public and encrypted; transparent and inscrutable; and a utopian anarchist invention beloved by drug cartels, terrorists, and Kim Jong-Un.

From Slate

The contract also specifies that copyrights only transfer if the NFT is legally sold — so stealing somebody’s token doesn’t give you all the rights associated with them. a16z frames the copyright licenses as a more “trustless” version of NFT ownership, which is right in some sense: it potentially offers more clarity over the tokens’ legal value rather than relying on handshake deals and vague promises.

From The Verge

What we found is this whole mantra of a trustless economy, we shouldn’t have trusted many of these new actors.

From New York Times

As Ms. Blackburn described it, there were very few people “wearing the crown,” functioning as arbiters of the network — “which is not the ethos of decentralized trustless crypto,” she said.

From New York Times

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.

From New York Times