The property of us believing an Authority behaves according to some known rules.
Science-based Trust is also called Trustless, as it relies on no Human-based Trust. See Less Trust, More Truth.
Trust can be categorized into the following:
Human-based Trust
- Corruptible: What is expected to happen might not happen at all, or something else might happen.
- Not auditable: Records of what was done in the past may or may not be available.
- Limited or Permissioned: People might get excluded from the system with arbitrary rules
Science-based Trust
- Verifiable: What is expected will always happen and will do so correctly, and anyone can verify this.
- Auditable: What has happened in the past, and its correct order is known, and can be re-verified by anyone.
- Accessible or Permissionless: Anyone can participate in the system to the extent that its rules allow.