What Does Permission-less Mean - Crypto Whiteboard 101

1

parttimeeconon

Published on Oct 04, 2020
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When introducing cryptocurrency to people, my first instinct is to launch right into the spiel that "cryptocurrencies are a decentralized, peer to peer, permission-less, medium of digital exchange." Although I can usually catch myself before I scare people off with the overly technical jargon, I am sure that many people, unfortunately, have had crypto described to them in such a way. For all of those confused newbies, I'd like to write this article describing what "permission-less" means and why it is important.

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permissionless decentralization cryptocurrency

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