# kaal:claim:3406323-033

**Claim.** Smart contracts undermine the parties' ability to continue collaborating when unanticipated eventualities arise, because in most cases of unfulfilled parameters the contract will simply cancel out rather than allow partial performance.

**Type.** failure  **Support.** argued

**Holds when.**

- contracts where parties may fulfill only a portion of an intended collaboration

**Source quote.**

> Smart contracts also undermine counterparties' ability to continue collaboration when unanticipated eventualities arise. In most cases of unfulfilled parameters, the smart contract will simply cancel out.

**From.** Wulf A. Kaal, *Decentralization - A Primer on the New Economy* (2019), VI. Evolution, page 16

**Cite as.** Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

**Verify.** sha256 of source PDF `6293780b57a1ae1de17ec00f99cc94295d4f72ea4d08b17a5c08c44772b221db` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralization%20-%20A%20Primer%20on%20the%20New%20Economy.pdf

**Failure mode.** cancel-out-on-unanticipated-events  (family: smart-contract-rigidity)

**Topics.** smart-contracts

**Keywords.** smart-contracts, incomplete-contracts, partial-performance, collaboration

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3411897-033
- restates: https://wulfkaal.github.io/claims/3405401-011
- restates: https://wulfkaal.github.io/claims/3405401-012

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.