2318: THORWallet DEX - Permissioned vs. Permissionless DeFi
Permissioned blockchains have gained popularity as an alternative to open distributed networks, attracting institutional investment by ensuring security through restricted access. Although permissioned decentralized finance (DeFi) could ease the transition for traditional finance players into the blockchain industry, it is undoubtedly a departure from the core ethos that drives the development of permissionless blockchains like THORChain, a non-custodial decentralized exchange that opens access to native and cross-chain liquidity. Permissioned chains offer the familiarity standards of…
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