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119 sats \ 2 replies \ @BTCLNAT 7 Sep \ on: What is the difference between permissionless and censorship resistant? bitcoin
Censorship resistance refers to the freedom to transact, protection against confiscation, and immutability of transactions.
1 Freedom of transaction: Third parties cannot prevent you from sending or receiving assets.
2 Freedom from confiscation: Third parties cannot remove or freeze your assets.
3 The immutability of transactions: It is almost impossible for third parties to change transactions after they have been made.
Without permission: synonym ILLEGALLY
For me very clear. Bitcoin is censorship resistant not without permission.
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Interesting. I had not connected permissionless with illegal. I guess I associate permissionless with there being no need for permission rather than associating it with needing permission but disregarding whether it has been given.
But I tend to use censorship resistant far more than I use permissionless.
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