kaal:claim:2959730-030

Traditional per transaction fee models failed because settlement and calculation created a prohibitive amount of work that made such operations very difficult to execute; blockchain technology overcomes all of these restrictions.

Source quote, verbatim
In contrast to the traditional settlement and calculation of fees in a per-transaction model that created a prohibitive amount of work making such operations very difficult to execute, blockchain technology overcomes all of these restrictions.
From

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), VI. Blockchain-Enabled Pressure on Fee Structure, p. 15
https://ssrn.com/abstract=2959730 · source PDF

Cite as

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

Holds when
Classification

failuresupport: arguedfailure: Prohibitive manual workload of per transaction fee settlementfamily: scalability-and-throughput-limitinstitutional-design

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