kaal:claim:3002908-016

In the decentralized DLT model, distributed consensus replaces the trusted central validation system, substituting cryptographic solutions and economic incentives for a central validator.

Source quote, verbatim

In the decentralized DLT model, "distributed consensus" replaces the trusted central validation system.

From

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), II.1. Distributed Consensus, p. 7
https://ssrn.com/abstract=3002908 · source PDF

Cite as

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

Classification

mechanismsupport: arguedconsensus-and-securitycitation-and-knowledgerisk-and-incentives

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Attestation record: colloquium/attestations/fde57cfd83c1fe0b...json
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