#eth
2️⃣ The Ethereum Foundation published «Trustless Manifesto» - a manifesto of systems without trust in intermediaries.

The document prepared by Vitalik Buterin and the Account Abstraction team is fixed in the smart contract and describes the principles on which the trusted (trustless) Ethereum infrastructure should be built.

▪Key properties of such systems:
• The user himself initiates and authorizes actions.
• All data can be verified publicly.
• Correct transactions should not be blocked.
• Network operators are interchangeable.
• Participation is available to a wide range of users.
• The rules are set by the protocol, not private services.

▪Main idea:
Ethereum should remain a system where actions are initiated by the user, the verification is open to everyone, the logic is fixed in the code, and participation does not depend on hidden intermediaries.

@Сryptoz ₿