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· 15 min read

illuminating-trust-reliance-in-ethereums-transaction-supply-chain

One of the most valuable properties of many blockchain applications is trustlessness: the ability of the application to continue operating in an expected way without needing to rely on a specific actor to behave in a specific way even when their interests might change and push them to act in some different unexpected way in the future. Blockchain applications are never fully trustless, but some applications are much closer to being trustless than others.