I get (now) why ‘trustless’ is used: there is no need to verify the identities (nor the entities behind them) of the parties in the transaction nor worry about them following through on a transaction.
That is: when a browser encrypts a site it verifies that a centralized authority issued a site’s certificate.
Thanks for that link.
I get (now) why ‘trustless’ is used: there is no need to verify the identities (nor the entities behind them) of the parties in the transaction nor worry about them following through on a transaction.
That is: when a browser encrypts a site it verifies that a centralized authority issued a site’s certificate.