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How Does a Distributed Ledger Benefit from Non-Repudiation?

Non-repudiation is a cornerstone of a distributed ledger's trustless nature. It removes the need for central authorities to guarantee transactions.

Every transaction is definitively linked to a key pair, meaning the network can independently verify all transfers. This enables reliable, automated settlement of financial obligations, such as in decentralized derivatives markets, without the risk of a party denying their trade.

What Is the ‘Trusted Setup’ Problem Associated with zk-SNARKs?
What Is the Relationship between a Public Key and a Private Key in a Cryptographic Pair?
How Does a Signature Prove Ownership of Funds without Revealing the Private Key?
How Does the Private Key Relate to the Public Key in ECDSA?