Login All news Marketcap Crypto Glossary Exchange Crypto meme
2024 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
POPCHAIN
$0.2502
108657.00
Top Looser24h
Emercoin
$1.020
-99.37
Crypto Glossary
Fundamental Analysis
A method used by traders or investors to apprentice a project/token/coin an…
FUD
Fear, Uncertainty, and Doubt. Contrary to FOMO, which pulls the interest of…
Bollinger Band
A margin around the price of a crypto that helps indicate when a coin is ov…
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.