Challenges of Permissionless Node Approach
In a permissionless node blockchain, anyone can participate in blockchain operations by setting up their own node server and connecting it to the blockchain network. The main advantage of this network lies in its resilience against threats to its existence from specific individuals, organizations, or governments, making it the most flexible approach to network utilization. It is particularly well-suited for cross-border collaborations and is sometimes referred to as a permissionless chain.
Since many people can freely participate in the network, if a convenient and secure network can be created, it is easy to create a large community. Furthermore, since it is easy to obtain feedback from the community on the specifications of the blockchain network, it is easy to create completely new ideas and inventions, and the probability of finding defects and other problems increases.