Login All news Marketcap Crypto Glossary Exchange Crypto meme
2025 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

Trustless System

Contrary to a Trust System, the Trustless setups do not have a central party/authority that the users need to rely on. Trustless applications are also called decentralized as there is no central authority or single point of control.

An example of a trustless setup could be a decentralized exchange ... such exchanges make it possible for users to trade their coins/tokens in a peer-2-peer way, without relying on the exchange to hold their coins and transfer them from one user to the next.


Top Gainer24h
Nexus
$1720330
731634000000.00
Top Looser24h
Soarcoin
$0.344
-24.43
Crypto Glossary
ATH
All-Time-High ... so the highest price level that a particular coin has rea…
This is gentlemen
“This is it, gentlemen”. Used to point out positive things that are current…
Bug Bounty
Tech companies often offer so called Bug Bounty to ethical hackers, in orde…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.