kaal:claim:3125822-036
Under certain restrictive assumptions it has been proven that no protocol can guarantee fair exchange with decentralized arbiters, so no design on this architecture can promise absolute certainty of fair machine arbitration.
Source quote, verbatim
Under certain restrictive assumptions, it has been proven that no protocol can be created which will guarantee fair exchange with decentralized arbiters
From
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018), 7.4.3 Example: Machine arbiters, p. 36
https://ssrn.com/abstract=3125822 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Vlad Andrei, Blockchain Infrastructure for Measuring Domain Specific Reputation in Autonomous Decentralized and A (2018). SSRN: https://ssrn.com/abstract=3125822
Holds when
Classification
failuresupport: evidencedfailure: fair exchange impossibilityfamily: consensus-and-protocol-attackdefidecentralizationlaw-and-legal-systems
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