Streamlining Authentication 

A permissionless system is a decentralized network that allows anyone to participate without the need for prior authorization or approval. It operates on a set of rules encoded as computer code, rather than relying on a central authority or intermediaries to enforce rules and regulate access.


  1. Decentralization: There is no central point of control, making it more resilient to censorship and manipulation.

  2. Transparency: Transactions and activities are recorded on a public ledger, making it possible to verify and audit the system.

  3. Security: Transactions are validated by consensus among participants in the network, reducing the risk of fraud and hacking.

  4. Accessibility: Anyone can participate, regardless of their location, identity, or background, leading to greater financial and economic inclusion.

  5. Innovation: Permissionless systems foster an open and inclusive environment for innovation, enabling new applications and use cases to emerge.


  1. Scalability: With the growing number of participants, it can be challenging to maintain the speed and efficiency of transactions in a permissionless system.

  2. Volatility: The prices of assets in a permissionless system can be highly volatile due to the lack of regulation and manipulation by malicious actors.

  3. Lack of consumer protections: Since there is no central authority in a permissionless system, it can be difficult to resolve disputes and protect consumer rights.

  4. Complexity: The technical nature of permissionless systems can be a barrier to entry for many users, leading to limited adoption and usage.

  5. Regulatory uncertainty: The lack of legal frameworks and regulatory clarity around permissionless systems can pose challenges for businesses and individuals looking to participate in the ecosystem.

Permissionless systems streamline authentication and transparency, but struggle with scalability.

Permissionless systems promise to streamline the authentication process and administration of access, but cannot currently scale to meet the increasing demands of business and government.


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