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WebFeb 3, 2024 · Intro. Many of us are guilty of describing blockchains as “trustless” systems. However, I’ve come to realize that the term “trustless” is ambiguous, confusing, and most importantly, inaccurate. Blockchains don’t actually eliminate trust. What they do is minimize the amount of trust required from any single actor in the system. WebBy the way, most banks today do use a Blockchain for day-to-day transactions, and then officially settle the balances later. They consider the Blockchain based transaction good enough to make the money available right away. For that, they use an enterprise level Blockchain vendor like IBM. how to dungeonize armor hypixel skyblock
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