A trustless network is a system that allows participants to interact and transact without needing to trust each other or rely on a central authority. Instead of requiring trust, these networks use cryptographic techniques and consensus mechanisms to ensure transparency and security.In such a network, information is stored on a decentralized ledger, most commonly a blockchain. This ledger is accessible to all participants, who can verify transactions independently. Since the data is immutable and publicly visible, the chances of manipulation are significantly reduced.Smart contracts also play a key role in trustless networks. These self-executing contracts automatically enforce the terms of an agreement based on predefined conditions, eliminating the need for intermediaries.The concept encourages participation and minimizes the risk of fraud, as users can trust the system rather than individual actors. Overall, trustless networks foster an environment where open and secure transactions can occur freely among users.