'Trustless' means you verify records yourself instead of relying on a middleman. Public blockchains still ask you to trust wallet software, data providers, and your own key custody. Here is where the label holds, and where it stops.
The vocabulary behind the movement, the ideals its builders point to, and the limits its critics keep raising.
Coin, token, ledger, layer — the words get used interchangeably all the time. They should not be.
Smart contracts cannot see prices, weather, or sports scores on their own. Blockchain oracles feed them outside data. Here are the main oracle types and the trust trade-off they bring.
A calm audit of the durable ideas behind the buzzword — and the parts that have not earned the marketing fog around them.