/biz/ - Business & Finance

>>52729932
>So how do we provide that cryptographically guaranteed alternative? This is really what web3 applications are all about, and this is what the property of trust minimization is about. If I were to boil down the uniqueness of web3 applications to one thing, I would call them trust minimized. Basically, these are applications that you don’t need to take their word for it, these applications are cryptographically guaranteed to follow through on their commitments regardless of anybody else’s decisions, just in the way that you control a private key and that private key controls a token, that is a trust minimized application and that trust minimization is gonna be extended to everything so our body of work with Chainlink is to create the infrastructure and the services and systems that allow the worlds developers to build the applications that bring this change in how the world works to all of us.