Trust Assumptions are the fundamental conditions or premises regarding the reliability and honesty of participants or components within a system that must hold true for the system to function securely and as intended. In decentralized systems, these assumptions typically relate to the behavior of validators, miners, or other network participants. Minimizing and clearly stating these assumptions is a core design principle for achieving true decentralization and security. They define the level of reliance placed on external factors.
Context
Trust assumptions are central to evaluating the security models and decentralization levels of various blockchain protocols and digital assets, frequently discussed in news when analyzing new projects. Debates often revolve around whether a protocol’s trust assumptions are reasonable, verifiable, and resilient against potential attacks or collusion. The goal in blockchain development is to reduce reliance on explicit trust in individuals or centralized entities.
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