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Trustless Setup

Definition

Trustless Setup refers to a cryptographic system design where the initial parameters or keys are generated in a way that does not require any single entity to be trusted with sensitive information. This ensures that no individual or group can unilaterally compromise the security of the system. It is a critical attribute for decentralized protocols, removing reliance on central authorities or trusted third parties for foundational security. Such setups are essential for maintaining the integrity and impartiality of a system.