Decentralization maximalism is dead. Long live permissionless maxis.

Here’s my confession: I was a decentralization maxi for the first half-decade of my time in crypto. 

The market has however shifted to a slightly different bent, taking me along with it. Permissionless maximalism is now the prevailing alignment. 

Decentralization does tend to feed into permissionless-ness. The latter implies there is no central authority granting or denying permission to join the network — thereby making it decentralized — but permissionless systems can be centralized in nature. 

Image boards like 4chan, for instance, don’t ask users to create accounts to post or view content. Setting aside the extensive moderation, there’s effectively no initial permission…

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