kaal:claim:3373393-036

The core issues that afflict centralized governance solutions, including information asymmetries, censorship, opportunism of agents, breaches of fiduciary duties, and fraud, can only be truly removed if and when a truly decentralized public blockchain emerges that is scalable and fully secure.

and fraud or third-party interference, can only be truly removed to fully reform the agency relationship if and when a truly decentralized public blockchain emerges that is scalable and fully secure.

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), IV. Open Issues, p. 24
https://ssrn.com/abstract=3373393 · source PDF

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

• decentralized rather than centralized blockchain implementations

conditionsupport: arguedfailure: no-scalable-secure-public-chainfamily: scalability-and-throughput-limitdecentralizationconsensus-and-securityblockchain

• restated_by kaal:claim:3441904-027 Reform of agency relationships in decentralized systems is possible only if and when a truly decentralized pub...
• extended_by kaal:claim:3808859-039 A truly decentralized public blockchain must satisfy three simultaneous requirements: no points of centralizat...

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