Quasi-Permissionless Setting

Definition ∞ A quasi-permissionless setting describes a blockchain environment that combines elements of both permissioned and permissionless systems. In such a setting, while anyone can typically read the blockchain and verify transactions, certain actions, such as becoming a validator or deploying specific smart contracts, may require meeting predefined criteria or obtaining approval from a governing body. This approach aims to strike a balance between the openness of public blockchains and the controlled environment often desired by enterprises or regulated industries. It allows for a degree of decentralization while maintaining some oversight.
Context ∞ Quasi-permissionless settings are often discussed in news concerning enterprise blockchain applications and hybrid blockchain solutions that seek to reconcile the benefits of public ledgers with the requirements of traditional businesses. The debate centers on defining the appropriate level of permissioning to ensure both security and compliance without sacrificing the core tenets of decentralization. Future developments include exploring new governance models that can adapt to varying levels of permissioning across different use cases.