# kaal:claim:2939127-017

**Claim.** Blockchain's distributed consensus model permits node verification of transactions without compromising the privacy of the parties, which makes it arguably safer than a traditional model requiring third party intermediary validation.

**Type.** mechanism  **Support.** argued

**Holds when.**

- blockchains using node based distributed consensus

**Source quote.**

> That model also allows node verification of transactions without compromising the privacy of the parties and is therefore arguably safer than a traditional model that requires third-party intermediary validation of transactions.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, *Legal Education in the Blockchain Revolution* (2017), III.1. Blockchain Technology Defined, page 21

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127

**Verify.** sha256 of source PDF `abcef529c7200261c59eec43018375b3b26e3186239fb9d002bacc298dba26ff` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202017%20-%20Legal%20Education%20in%20the%20Blockchain%20Revolution.pdf

**Topics.** blockchain, consensus-and-security

**Keywords.** blockchain, consensus, privacy, intermediaries, fraud-prevention

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3373393-023
- restated_by: https://wulfkaal.github.io/claims/4021599-004
- restated_by: https://wulfkaal.github.io/claims/3227967-018
- restated_by: https://wulfkaal.github.io/claims/3071378-004

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