# kaal:claim:3405401-036

**Claim.** 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.

**Type.** condition  **Support.** argued

**Holds when.**

- decentralized commerce

**Source quote.**

> 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.

**From.** Wulf A. Kaal, *Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed* (2019), VI. Decentralized Reputation as the Solution, page 9

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

**Verify.** sha256 of source PDF `bc2d6f0ddc0852fb4085c4543c7c1dec19aaf8745eb67e3acc637e552bd7fb7d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralized%20Commerce%20%E2%80%93%20A%20Primer%20on%20Why%20Decentralized%20Reputation%20Verification%20Systems%20Are%20Needed.pdf

**Topics.** law-and-legal-systems, reputation

**Keywords.** public-record, persistence, precedent, reputation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3406323-037

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