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4min chapter
SBF vs. Erik Voorhees: How Do We Regulate Crypto?
Bankless
The Magic of Permissioning
There's something magic that happens when you have pure on-chain actions. The more permissioning agents you have, the worse that gets. Even one with a weak turnaround time might take you from 10 seconds to a week in innovation timescale. And so there's a real worry that small amounts of friction and non-determinism in the system can ruin the fundamental behavior of an entire system.
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