19 Jul 23 1:00 am type:
related: bitcoin why crypto

trust engineering

Trust engineering is the discipline of defining the components of a protocol that require human trust to function and replacing it with an executable program.

  • minimize human trust
  • replace with executable program that is publicly verifiable

enables:

  • auctions without auctioneers
  • e-voting without tallying authorities
  • gambling without casinos
  • trading without brokers
  • art speculation without auction houses

references

https://mirror.xyz/0xaFaBa30769374EA0F971300dE79c62Bf94B464d5/us0MyyUNYwSXazM0YCrGscbRWr18s0aIIZqyHBbTWfM