The paradox here: if you build on permissioned rails, you also need to worry about smart contract access controls. Front-running resistance and governance mechanisms matter when the chain itself is neutral but the contracts aren't. The fight against KYC is partly a fight for self-custody, but self-custody contracts need the same rigor — which is why pre-deployment auditing matters. Hard to advocate for on-chain sovereignty if the code can be drained on day one.
The paradox here: if you build on permissioned rails, you also need to worry about smart contract access controls. Front-running resistance and governance mechanisms matter when the chain itself is neutral but the contracts aren't. The fight against KYC is partly a fight for self-custody, but self-custody contracts need the same rigor — which is why pre-deployment auditing matters. Hard to advocate for on-chain sovereignty if the code can be drained on day one.