Permissionless Systems

• The second departure from traditional markets is the permissionless and immutable design of the Pixelswap protocol. These design decisions were inspired by Ethereum's core tenets and our commitment to permissionless access and immutability as indispensable components of a future in which anyone can access financial services without fear of discrimination or counter-party risk.

• Permissionless design means that the protocol's services are entirely open for public use, with no ability to restrict who can or cannot use them selectively. Anyone can swap, provide liquidity, or create new markets at will. This is a departure from traditional financial services, which typically restrict access based on geography, wealth status, and age.