A Low-Trust Protocol refers to a system designed to operate effectively even when participants do not fully trust each other. In such protocols, security and verification are achieved through decentralized mechanisms rather than relying on a single entity or authority.In these systems, trust is minimized by employing cryptographic methods and consensus algorithms. Participants can engage in transactions without needing to know or trust one another. This encourages broader participation and reduces the risk of manipulation or fraud.Examples include blockchain networks, where transactions are recorded on a public ledger visible to all, making it difficult for any party to alter records without detection. This transparency, combined with validation by multiple independent nodes, helps ensure the integrity of the system.Ultimately, Low-Trust Protocols aim to create an environment where individuals can confidently interact and transact, even when they may not have complete trust in others involved.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to