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Trust Mechanisms

Definition

Trust mechanisms are the systems, protocols, and social constructs that enable parties to interact with confidence in the absence of complete information or centralized authority. In decentralized systems, these mechanisms are often embedded within the technology itself, such as cryptographic proofs, consensus algorithms, and transparent record-keeping. They function to establish reliability, verifiability, and accountability among participants. These frameworks are fundamental to the operation of blockchain networks and digital asset ecosystems.