How does Bitcoin ensure trustlessness in transactions?

Can you explain how Bitcoin ensures trustlessness in transactions and why it is important?

1 answers
- At BYDFi, we ensure trustlessness in transactions by implementing the same principles as Bitcoin. Our platform utilizes a decentralized blockchain network to verify and record transactions. Each transaction is validated by multiple nodes in the network, ensuring transparency and security. By eliminating the need for intermediaries, we provide users with a trustless environment where they have full control over their assets. Our commitment to trustlessness is aligned with the core principles of Bitcoin and the broader cryptocurrency community.
Mar 19, 2022 · 3 years ago
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