# kaal:claim:3441904-042

**Claim.** Reputation based metrics were ineffective in centralized governance systems because before blockchain, reputation could not be stored autonomously, anonymously, and transparently, so it was not a reliable predictor of actors' future actions.

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

**Holds when.**

- pre blockchain centralized reputation systems such as the web of trust and platform ratings

**Source quote.**

> Before the emergence of blockchain technology, reputation could not be stored autonomously, anonymously, and transparently. Accordingly, reputation was not a reliable predictor of actors' future actions in centralized governance systems.

**From.** Wulf A. Kaal, *Blockchain-Based Corporate Governance* (2019), V.5 Reputation-Based Governance, page 39

**Cite as.** Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

**Verify.** sha256 of source PDF `e6b562527f7f19accaa35491db0a0db168b6a936755e1dca424e9f30bee7a815` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain-Based%20Corporate%20Governance.pdf

**Failure mode.** unreliable-centralized-reputation  (family: reputation-system-gaming)

**Topics.** reputation, consensus-and-security, decentralization

**Keywords.** reputation, sybil-attacks, centralized-systems, prediction

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