Trustless

Od użytkownika CoinGecko | Data aktualizacji Mar 03, 2020
A defining aspect of cryptocurrencies is that is it now possible to complete a monetary transaction without need to assume trust in a third party. In traditional finance, a monetary transaction on the internet requires trust in a facilitator such as central banks, commecial banks, agents, or financial service provider without the universal access to audit their ability to faciliate the transaction. Sending money online is more akin to writing a cheque than paying in cash as the issue of decentralization without double spending remains unsolved until the emergence of bitcoin. When a party makes a transaction with cryptocurrencies, they can verify publically and mathematically that a transaction has been completed. This is in contrast to taking the "transaction completed" notification from a facilitator at face value.

Podziel się tym z przyjacielem!

Hasła pokrewne

Cold Wallet
Wallets that are offline and require physical access to certain devices (eg. hardware wallet, paper wallets)
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Chcesz dowiedzieć się więcej?
Wróć do słownika lub zapisz się na nasz newsletter.
coingecko (thumbnail mini)
CoinGecko dla systemu iOS
coingecko (thumbnail mini)
CoinGecko dla systemu Android