Trustless Security

Definition ∞ Trustless security describes a system’s ability to maintain its integrity and functionality without requiring participants to rely on a central authority or trusted third party. This security model is achieved through cryptographic proofs and decentralized consensus mechanisms. It ensures that all operations are verifiable by anyone, minimizing the risk of censorship or manipulation. Trustless systems are a core tenet of blockchain technology.
Context ∞ Trustless security is a fundamental concept frequently highlighted in cryptocurrency news and discussions about decentralized finance. Reports often compare the trust assumptions of various protocols and platforms, emphasizing the importance of minimizing reliance on external entities. The pursuit of greater trustlessness remains a primary goal for blockchain architects and developers.