kaal:claim:3405401-036

A functioning decentralized reputation system requires that counterparties' actions in decentralized commerce endure and become part of a public record: their actions must stick and become part of a meaningful precedence system.

This necessitates that counterparties' actions in decentralized commerce endure and become part of a public record. In other words, counterparties' actions need to stick. Their actions have to become part of a precedence system that is meaningful.

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019), VI. Decentralized Reputation as the Solution, p. 9
https://ssrn.com/abstract=3405401 · source PDF

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

• decentralized commerce

conditionsupport: arguedlaw-and-legal-systemsreputation

• restated_by kaal:claim:3406323-037 Increasing counterparty trust in decentralized commerce requires that the full history of transactions be open...

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