What makes permissionless blockchains like
@CoreumOfficial valuable is their operation in a trustless environment where data cannot be censored, removed, or altered by a centralized party (
(unlike more centralized solutions such as Hyperledger Fabric).
These attributes become even more valuable with RWAs and financial instruments. Smart Tokens with features like whitelisting and clawback have been built for these use cases, aligning with a legal framework on a public blockchain.
Just as Circle has succeeded in having USDC operate on a permissionless blockchain while maintaining a robust legal framework, we will find a way to keep
@JoinCruiseCtrl fully permissionless while respecting others:
"The limits of your freedom are where the freedom of others starts."
βAlbert Camus
The recent meme coin incident reminds us that being compliant and permissionless is a challenging exercise. But it can (and need to) be tackled.
We're committed to working closely with the Coreum Team to find the optimal solution and keep innovating, as we always do!
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