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It means there's not a 3rd party that can prevent the transaction, reverse the transaction, or initiate a new transaction without the current owner's permission
by thebean11 5y ago
It means there's not a 3rd party that can prevent the transaction, reverse the transaction, or initiate a new transaction without the current owner's permission.
For example, Steam games can be traded user to user on the platform, but it's all at the whims of Valve. At any moment Valve could shut down, freeze your account, disable trading etc.