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Permissionless development
- Permissionless development in crypto refers to a fundamental concept that distinguishes certain blockchain networks. It signifies that anyone can participate without requiring explicit permission.
- In permissionless blockchains like Bitcoin and Ethereum, no central authority controls access or limits utility. These systems offer openness, decentralization, and censorship resistance. Developers can build decentralized applications (DApps), and users can engage in borderless financial activities.