3min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 42: Antoinette Schoar on Decentralized Finance & Crypto

Brave New World -- hosted by Vasant Dhar

CHAPTER

The Crypto Purists Are Concerned About Permissioned Blockchains

Ego: crypto purists are concerned about permissions blockchains because it gives maybe the centralized permission giver so much power. We were trying to point out that you can have potentially a somewhat more acceptable intermediary stage between a purely permissioned blockchain and one with decentralized validators, he says. Ego: In a democracy, we want the public consensus and the democratic consensus to establish how much we value privacy versus other goals of keeping the system safe.

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