Trustless describes a system where participants do not need to trust each other or a central authority for the system to function correctly. Instead, trust is placed in the protocol itself, which uses cryptographic verification, consensus mechanisms, and transparent rules to ensure that all interactions are valid. Blockchain networks are considered trustless because transactions are verified by the network as a whole, not by any single party. The term does not mean "untrustworthy" but rather "trust is not required."
Trustless
Trustless Explainer Video
What is Trustless? | Crypto Terms Explained