Dominik Schiener, co-founder of IOTA, addresses the ongoing debate between permissioned and permissionless networks, highlighting the significance of choosing between these two approaches.
Debates on Permissioned and Permissionless Networks
Dominik Schiener fueled the debate between permissioned and permissionless networks on the X platform. He argues that permissioned networks like Converge do not truly decentralize systems.
Features of Permissioned Networks
Permissioned networks such as Converge rely on controlled access with central authority present. This ensures security but contrasts with decentralization ideals.
Advantages of Permissionless Networks
Permissionless networks, like IOTA, are open to everyone, requiring no central authority approval. They embody decentralization and innovation, with the Tangle structure eliminating miners and fees.
The balancing act between control and freedom continues to drive debates. IOTA underscores the importance of open access for decentralization and trust within the system.
