✅ Permissioned blockchains are distributed ledger technology (DLT) that sacrifice some degree of decentralization and anonymity to better suit business needs as well as achieve higher network speed and efficiency.

✅ In a permissionless blockchain network, anyone is allowed to participate and become a validator. It is the type of DLT technology users in the crypto community are most familiar with.

✅ Permissioned and permissionless are phrases used to describe whether a DLT network has access controls in place for validators. Simply put, these chain types have varying written rules.

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