kaal:claim:3709041-005

Because individual network nodes verify and validate transactions before execution under the distributed consensus model, recording a fraudulent transaction on the blockchain is extremely rare.

The distributed consensus model, individual network nodes verify and validate chain transactions before the execution of the transactions, makes it extremely rare for a fraudulent transaction to be recorded in the blockchain.

Kaal, Blockchain Technology for Good (2020), I. Introduction, p. 6
https://ssrn.com/abstract=3709041 · source PDF

Kaal, Blockchain Technology for Good (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3709041

• requires a distributed consensus model with independent node validation

mechanismsupport: arguedconsensus-and-securitydisclosure

• restates kaal:claim:3071378-004 Because network nodes verify and validate chain transactions before execution under a distributed consensus mo...
• restates kaal:claim:3373393-023 The distributed consensus model, in which network nodes verify and validate transactions before execution, mak...
• restated_by kaal:claim:4021599-004 Blockchain's distributed consensus model makes fraudulent transactions much less likely to be recorded because...
• restates kaal:claim:2959730-019 Blockchain's distributed consensus model, in which network nodes verify and validate chain transactions before...

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