kaal:claim:2992962-018

To institute traditional remedies where a smart contract transaction disadvantages one of the parties, courts would have to change the blockchain, and that is computationally and practically impossible.

Source quote, verbatim

courts would have to change the blockchain in order to institute remedies in the traditional sense that could pertain to the smart contract in question. However, that scenario is computationally and practically impossible.

From

Wulf A. Kaal, Craig Calcaterra, Crypto Transaction Dispute Resolution (2017), c) Limited Regulatory Oversight, p. 40
https://ssrn.com/abstract=2992962 · source PDF

Cite as

Wulf A. Kaal, Craig Calcaterra, Crypto Transaction Dispute Resolution (2017). SSRN: https://ssrn.com/abstract=2992962

Holds when

transactions already executed and added to an immutable blockchain

Classification

failuresupport: arguedfailure: immutability-blocks-remediesfamily: smart-contract-rigiditylaw-and-legal-systemssmart-contracts

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