Blockchain Fundamentals

Trustless

Describes a system you can use without having to trust any particular person or company, because the rules are enforced by code and verified by the network. It does not mean risk-free: you trade trust in people for trust in the code.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.