The term “trustless” refers to a system that operates without requiring participants to trust one another. In many traditional transactions, trust is essential; parties rely on each other to fulfill their obligations. In contrast, a trustless environment uses technology to ensure that interactions are secure and transparent, reducing the need for personal trust.Blockchain technology exemplifies this concept by enabling decentralized networks. Transactions are recorded on a public ledger that is accessible to all participants. Each transaction is validated through consensus algorithms, ensuring that all parties agree on what has occurred without needing a central authority.This trustless nature enhances security and reduces the risk of fraud or manipulation. Users can interact directly with the system and rely on cryptographic principles rather than the credibility of others. Overall, the trustless model fosters greater transparency and accountability, empowering users to engage in transactions confidently, even with strangers.