NEAR co-founder Illia Polosukhin has clarified the definition of "permissionless" in blockchain ecosystems, stating that the term specifically guarantees the right to own and transfer assets without external approval. He emphasized that this principle does not obligate every application or liquidity provider to process every transaction.
The distinction addresses ongoing debates regarding protocol neutrality versus application-level discretion. While asset ownership remains censorship-resistant at the base layer, individual applications retain autonomy over which transactions they facilitate within their specific services.
NEAR Co-Founder Clarifies Definition of Permissionless Assets
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