pull down to refresh
61 sats \ 7 replies \ @teemupleb 8 Dec 2024 \ parent \ on: One year later: so why do people ****coin? bitcoin
Creating shitcoins on Ethereum and Solana is permissionless.
It is not. If their owners want they have the option to prevent it or reverse it.
reply
Depends on how the smart contract is programmed
reply
Regardless.
reply
Can you tell me from who I have to ask a permission to create my own token on e.g. Ethereum?
reply
You don't have to ask anybody, but your action might be reversed should they want or are coerced to, because they can do so. You have the implicit permission, you don't ask for, so it isn't permission-less.
reply
Fair point but I think e.g. the word “censorship-resistant” refers better to that
reply
It is completely permissionless? and cheaper than on Bitcoin they should do it there
reply