kaal:claim:3782193-007

The unstoppable power of decentralization is threatened by unregulated competition for profits, but it can be maintained even in extreme circumstances by a secure and meaningful reputational system.

The "unstoppable power of decentralization" is threatened by unregulated competition for profits, but can be maintained in the most extreme circumstances by a secure and meaningful reputa- tional system.

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021), Chapter 9. Historical sketches of centralization vs. decentralization, p. 4
https://ssrn.com/abstract=3782193 · source PDF

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193

• decentralized organizations exposed to profit competition
• requires the reputation system to be secure and meaningful

mechanismsupport: argueddecentralizationreputationgovernance-design

• supported_by kaal:claim:3782214-026 The alternatives to a reputational system for countering profit driven instability, namely external stabilizin...

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