{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3782201-007",
 "identifier": "kaal:claim:3782201-007",
 "text": "Code based trust in decentralized applications lowers transaction costs and simultaneously raises consumer and market confidence and certainty, which facilitates economies of scale that are only occasionally and temporarily possible in centralized structures.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Future of Decentralization",
  "datePublished": "2021",
  "url": "https://ssrn.com/abstract=3782201",
  "sha256": "bedf7bcfbb7a9b0112b5848cb0d941b1d41f330dafeee0143a30ff5e8aa53700",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Future%20of%20Decentralization.pdf"
 },
 "keywords": [
  "economics",
  "reputation"
 ],
 "about": [
  "transaction-costs",
  "code-based-trust",
  "dapps",
  "economies-of-scale"
 ],
 "abstract": "code-based trust can help lower trans- action costs, but it also increases consumer and overall market confidence and cer- tainty, which facilitate economies of scale that are only occasionally and temporarily possible in centralized structures.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "holds despite the cybersecurity issues associated with cryptocurrencies"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/3b143ef55f7f398d03bbcbcef803573461307a2c40e08948819dbdb2cdddc403.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restated_by",
     "to": "https://wulfkaal.github.io/claims/3808867-033",
     "to_id": "kaal:claim:3808867-033",
     "similarity": 0.918
    },
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3406323-012",
     "to_id": "kaal:claim:3406323-012",
     "similarity": 0.615
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "3b143ef55f7f398d03bbcbcef803573461307a2c40e08948819dbdb2cdddc403",
 "canonicalForm": "https://wulfkaal.github.io/claims/3782201-007.md"
}