top of page

The Trustless System

I've been studying Blockchain theory lately. I won't bore you with it, but it appears to be the future and is a good thing to learn.

One thing that it discusses is the "trustless system". What they mean by that is that things are very objective and built into the system so that it creates a clear contract.


For example, if you agree to sell something, the system clearly spells out that once it is delivered the money is transferred. Everything is so clear that trust isn't needed - the system takes care of everything based on a clear contract.


That is a really bad description of it (really, go read more and learn about it). The theory is great. That is what expectations should look like between you and your team. It should be so clear that everyone is 100% clear on what is expected and when it is done successfully.


That is harder than it looks. Some transactions are easier than other, but we want to create a system where things are so automatic that trust doesn't have to be part of the equation.

6 views0 comments

Recent Posts

See All

Commentaires


Post: Blog2_Post
bottom of page