The Zero Trust Security Model is based on the principle of “never trust, always verify.” In the realm of cryptocurrency, this approach emphasizes that security should not rely on the assumption that anything inside a network is safe.Under this model, every user, device, and transaction is treated as potentially untrustworthy. Therefore, strict verification processes are put in place before granting access or executing transactions. This can involve multi-factor authentication, rigorous identity checks, and continuous monitoring of all activities.The model helps to mitigate risks associated with hacking, fraud, and unauthorized access. By ensuring that each action is verified and validated, the Zero Trust approach aims to protect assets, wallets, and sensitive data from potential threats.In a landscape where breaches can have significant financial repercussions, adopting Zero Trust can enhance overall security practices and foster greater trust in transactions and interactions within the ecosystem.