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Operational Rights

Definition

Operational rights define the permissions and authorities granted to an individual or entity to perform specific actions within a system or protocol. In the realm of digital assets, these rights determine who can access, transfer, or manage cryptocurrencies, smart contracts, or network resources. They are often enforced through cryptographic keys, multi-signature schemes, or on-chain governance mechanisms. Properly defined operational rights are essential for security, accountability, and the controlled execution of decentralized functions.