Exact(13)
Zerocash is not entirely trustless; it has to be initially set up by a trusted entity.
While we consider Microsoft a trusted entity, the risk of illicit behavior increases when an untrusted party is introduced.
The first is a trust service that "specifies a trusted entity (principal)—that is, who can assume the role.
In practice, establishing a trusted entity referred to as a certification authority (CA) by using a single node in ad hoc networks is a rather complex task.
It says that content that pretends "to act, or look and feel, like a trusted entity" will be considered social engineering content, along with any content that tries to trick users into doing something they would normally only do for a trusted entity, such as sharing a password or calling tech support.
While this is discussable in most real-life systems where the database administrator is seen as a trusted entity, this is especially interesting in the "doctor in the loop" concept.
Similar(47)
Jassy explained that there were two main reasons why organizations were interested in using blockchain, and both were slightly different; there were customers that wanted a ledger with a centralized trusted entity who had struggled to use existing blockchain frameworks because they didn't scale well and because customers had to deal "with a lot of muck".
"Japan's regulators need to shed the insular attitude of ignoring international safety standards and transform themselves into a globally trusted entity," it said.
To transfer shares of ownership in a company, the current model requires stacks of paperwork, a lawyer or a centralized and trusted entity, such as the New York Stock Exchange.
Mattis, Fallon said, was "thoroughly welcome" to both the UK military and its defense establishment, as a known and trusted entity.
A certificate is, in a very general sense, a document that identifies an entity in a way that is (theoretically) impossible for any other entity to impersonate and where that identification is marked (or signed) by another (trusted) entity in a way that the document cannot be altered without destroying the signature and that the signature cannot (theoretically) be counterfeited.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com