kaal:claim:3652481-018

Bifurcation of nodes in a decentralized network through forking can cause significant economic loss, errors, confusion and bugs, including reemergence of the double spend problem that the pre fork network had already solved.

Source quote, verbatim
The bifurcation of nodes in a given decentralized network can lead to significant economic loss, errors, confusion, and bugs. For example, the bifurcation of network nodes can result in the reemergence of the double spend problem that the previous network had overcome.
From

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), III.3 Suboptimal Incentive Design, p. 29
https://ssrn.com/abstract=3652481 · source PDF

Cite as

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481

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Classification

failuresupport: arguedfailure: fork induced double spendfamily: consensus-and-protocol-attackconsensus-and-security

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