# Пов'язані статті щодо Permissioned

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Permissioned", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

a16z: The 'Convergence of DeFi and TradFi' is a False Proposition

Title: a16z: "The Fusion of DeFi and TradFi" is a False Proposition In the crypto industry, a common vision is that DeFi and TradFi will merge, creating a hybrid system. This article argues this is largely incorrect. The more honest trajectory is that TradFi will adopt specific blockchain components that improve its existing operations—reducing costs, improving settlement, expanding distribution, and tightening client control—without embracing the core tenets of decentralization like open access or permissionless execution. This is not a fusion but the emergence of a new category: programmable financial infrastructure optimized for institutional constraints, running on blockchain rails. Institutions adopt components like atomic settlement, shared ledgers, and programmable money only when they improve efficiency without compromising control or compliance (e.g., KYC, AML). Projects from J.P. Morgan or BlackRock use blockchain's technical attributes while deliberately discarding DeFi's permissionless nature. For entrepreneurs, this presents two distinct, parallel opportunities. The first is building infrastructure that institutions are ready to adopt today, validating the technology and bringing real volume on-chain. The second is continuing to build the open, crypto-native DeFi system that institutions aren't yet ready for. These paths are complementary, not competitive. The open network remains the primary lab for innovation, whose validated components institutions later adapt. Successful companies must choose their target market clearly. Building for institutions requires understanding procurement, compliance, and risk models, which differs fundamentally from building for open networks focused on developers and composability. The future may see both layers relying on the same public blockchain settlement layer, but convergence won't happen through one assimilating the other. TradFi isn't adopting DeFi; it's selectively using parts that fit its model.

marsbit07/16 13:54

a16z: The 'Convergence of DeFi and TradFi' is a False Proposition

marsbit07/16 13:54

zkSync Founder 'Personally Fires' Core Team, the Former Ethereum Scaling Star Fully Pivots to Serving Banks

zkSync founder Alex Gluchowski announced significant layoffs at Matter Labs, the company behind the Ethereum scaling solution, on June 17. This marks the second round of cuts in two years. The core strategic shift is the company's full focus on Prividium, a "permissioned" privacy blockchain designed specifically for regulated financial institutions like Deutsche Bank and UBS. This move represents a stark pivot from zkSync's original ethos of a public, permissionless network. Gluchowski, a self-described "freedom maximalist," is now steering the project toward a compliant, enterprise-focused model. The community reaction is divided, with many sharply questioning the use of the $458 million in total raised funds, given the ongoing layoffs. The native $ZK token has suffered heavily, trading around $0.019, down approximately 93% from its all-time high. Its value-capture mechanism appears disconnected from Matter Labs' new B2B licensing direction. This strategic turnaround is seen by some as a survival tactic in the highly competitive L2 landscape, where zkSync has faced significant user decline post its 2024 airdrop. The company is now betting on a niche, potentially more profitable market, but at the cost of alienating early supporters who believed in its decentralized promises.

marsbit06/18 03:26

zkSync Founder 'Personally Fires' Core Team, the Former Ethereum Scaling Star Fully Pivots to Serving Banks

marsbit06/18 03:26

Why is the RWA Boom Failing to Benefit DeFi?

The rapid growth of the tokenized real-world assets (RWA) market, now nearing $30 billion on-chain, has largely bypassed the DeFi ecosystem. Only about $2.47 billion is actively locked in DeFi protocols, indicating a penetration rate of just 9%. A major barrier is the "permissioned" architecture of most RWA products, like BlackRock's BUIDL fund, which are designed for institutional compliance. They require whitelisting, off-chain settlement, and strict investor accreditation, making them incompatible with open, permissionless DeFi applications like Aave or Uniswap. This is evident in categories like bonds/money market funds ($16.6B on-chain, $920M in DeFi) and tokenized equities ($2.7B on-chain, $78M in DeFi). Notable exceptions are private credit protocols (e.g., Maple Finance, Centrifuge) and assets like Ondo's USDY, which were designed from inception for DeFi composability, allowing them to be used freely as collateral. Morpho and Aave Horizon also demonstrate successful RWA lending integrations. However, industry reports (IOSCO, ECB) warn that growth may remain confined within traditional financial systems due to fragmented regulations, lack of unified standards, and inherent conflicts between DeFi's open logic and compliance requirements like minimum investments and fixed redemption windows. The RWA sector is effectively split into two markets: a compliant, permissioned on-chain finance market and a smaller DeFi-native market focused on composability. For DeFi penetration to rise significantly, asset issuers must prioritize designs that enable permissionless circulation from the start, moving away from models centered solely on institutional compliance.

marsbit05/19 07:31

Why is the RWA Boom Failing to Benefit DeFi?

marsbit05/19 07:31

What The New Permissioned DEX Means For XRP Users

The XRP Ledger activated the Permissioned DEX amendment on February 18, 2026, following strong validator support. This upgrade allows decentralized exchange functionality with controlled access, enabling verified entities like banks and financial institutions to trade and provide liquidity in a compliant environment. It addresses key adoption barriers such as AML and regulatory requirements by ensuring all participants are known and approved, while maintaining the ledger’s decentralized nature. The update is seen as a major step toward institutional adoption, potentially unlocking significant liquidity and driving future growth, though full implementation may depend on upcoming regulatory developments like the CLARITY ACT.

bitcoinist02/20 06:02

What The New Permissioned DEX Means For XRP Users

bitcoinist02/20 06:02

A Major XRP Ledger Win That Most Investors Might Have Missed

The XRP Ledger has activated the Permissioned Domains amendment after it achieved 91.19% validator approval and a mandatory two-week consensus period. This upgrade, introduced in v2.4.0, enables institutions, enterprises, and regulated entities to operate in controlled environments on the same public blockchain. It allows for known and compliant participants within defined domains while maintaining the ledger's core benefits of speed, low cost, and finality. This addresses a key limitation for banks and governments that require regulatory compliance, identity checks, and accountability, which are difficult on fully open networks. By allowing both permissioned and permissionless use, the upgrade removes a significant barrier to institutional adoption, positioning XRPL as shared financial infrastructure that meets regulatory expectations. Its impact may grow gradually as organizations begin utilizing these new capabilities.

bitcoinist02/06 22:02

A Major XRP Ledger Win That Most Investors Might Have Missed

bitcoinist02/06 22:02

Ripple’s Last Piece Of The Puzzle: How Insitutions Will Deploy Liquidity To XRP Ledger

Crypto pundit Stern Drew identifies permissioned domains as the final component enabling institutions to securely deploy trillions in liquidity on the XRP Ledger (XRPL). This feature, now live on the mainnet alongside the upcoming Permissioned DEX, allows institutions to operate in compliant environments on the public blockchain by verifying participants through zk-Credentials. RippleX highlights that this permissioning stack—comprising Credentials, Permissioned Domains, and Permissioned DEX—ensures regulated entities can transact without exposure to illegal actors. Former Ripple CTO David Schwartz emphasized that this addresses historical institutional reluctance to use on-chain solutions. The development is expected to facilitate large-scale stablecoin issuance and enhance global cross-border payment networks.

bitcoinist02/06 01:02

Ripple’s Last Piece Of The Puzzle: How Insitutions Will Deploy Liquidity To XRP Ledger

bitcoinist02/06 01:02

XRPL to Activate Permissioned Domains as XLS-80 Goes Live

On February 4, 2026, the XRP Ledger (XRPL) is set to activate Permissioned Domains following the approval of the XLS-80 amendment by over 91% of validators. This upgrade introduces credential-gated access layers on the public XRPL, allowing controlled participation without creating a private blockchain. It aims to bridge the transparency and security of decentralized technology with the regulatory needs of traditional finance. Built on the XLS-70 framework, permissioned domains enable rule-based access control, where domain owners define accepted credentials. The amendment is foundational, enabling future regulated applications like permissioned decentralized exchanges, though it carries security risks dependent on trust in credential issuers and domain governance.

TheNewsCrypto02/04 08:58

XRPL to Activate Permissioned Domains as XLS-80 Goes Live

TheNewsCrypto02/04 08:58

XRP Validators Vote YES On Permissionless Domains – What This Means

The XRP Ledger has moved closer to a major upgrade after validators voted in favor of the Permissioned Domains amendment, which has entered its two-week activation window. With 85.29% consensus, it is expected to go live on February 4, 2026. This feature allows the creation of controlled environments within the public ledger where participation is restricted to accounts holding specific verifiable credentials. It enables institutional use cases like regulated trading of tokenized assets, compliant decentralized exchanges, restricted lending protocols, and treasury operations—all without altering the open nature of the base ledger. This development supports the growing trend of institutional adoption of the XRP Ledger.

bitcoinist01/23 23:01

XRP Validators Vote YES On Permissionless Domains – What This Means

bitcoinist01/23 23:01

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