On-chain software to grab crypto is a purist’s nightmare, however a should, says CEO

The founding father of layer-1 blockchain Jurat has defended his protocol in opposition to potential haters, arguing that on-chain authorized enforcement is a vital trade-off for crypto mass adoption.

On Aug. 8, a U.S. District Court docket used Jurat’s on-chain enforcement software to lock a number of sanctioned people out of their crypto accounts. These people have been sanctioned for cash laundering and utilizing ransomware to extort cryptocurrency funds to profit North Korea’s weapons program.

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