What is Cryptographically Verifiable?

Blockchain networks employ specialized on-chain mechanisms — often called cryptographic proofs — that allow data transferred on a network protocol to be verifiable and unalterable. The process is facilitated through complex algorithmic cryptography that is immutable and helps prevent the falsification and modification of data, so that network users and outside participants know with increased certainty that the value, data or crypto they are sending or receiving is in fact legitimate. These characteristics make it possible for users to place considerably less trust in another party, instead relying on the underlying blockchain protocol, its smart contract mechanisms, and its informatic code.