kaal:claim:3405401-018

Counterparty trust in the programmed parameters of a smart contract is more justified in simpler contracts, and specifically where the smart contract template has a history of successful executions.

Source quote, verbatim

In simpler smart contracts such trust may be more justified if the smart contract template has a history of successful executions.

From

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019), V. Trust Problem, p. 7
https://ssrn.com/abstract=3405401 · source PDF

Cite as

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401

Holds when

simpler smart contracts
template has a prior record of successful executions

Classification

conditionsupport: arguedsmart-contractsreputation

Related claims

extended_by kaal:claim:3406323-036 Decentralized reputation verification is the backstop for smart contracting: it makes mathematically rigid sma...

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