Definition ∞ Trustless operations are transactions or processes executed on a blockchain network that do not require intermediaries or reliance on the integrity of any single party. These operations are secured by cryptographic proofs and network consensus mechanisms. They eliminate the need for trust in centralized authorities.
Context ∞ Trustless operations are a foundational principle of decentralized finance and blockchain technology, distinguishing them from traditional financial systems. While offering transparency and censorship resistance, they also place greater responsibility on users for security and understanding protocol mechanics. The ongoing development focuses on improving the user experience for these self-executing systems.
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