# kaal:claim:3709041-005

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

- requires a distributed consensus model with independent node validation

**Source quote.**

> 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.

**From.** Kaal, *Blockchain Technology for Good* (2020), I. Introduction, page 6

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

**Verify.** sha256 of source PDF `5216a7bca45a48e3bef11ec524936e66af737c0fd66271e9f6866dc20a4482cc` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Blockchain%20Technology%20for%20Good.pdf

**Topics.** consensus-and-security, disclosure

**Keywords.** fraud-prevention, consensus, validation, transparency

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3071378-004
- restates: https://wulfkaal.github.io/claims/3373393-023
- restated_by: https://wulfkaal.github.io/claims/4021599-004
- restates: https://wulfkaal.github.io/claims/2959730-019

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