{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3782210-011",
 "identifier": "kaal:claim:3782210-011",
 "text": "The Web of Trust works acceptably for low-value information transmission but should not be used for transactions involving larger wealth in the general economy, which is part of why the scheme it originated in is called pretty good privacy rather than good privacy.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "The Importance of Reputation for the Evolution of Decentralization",
  "datePublished": "2021",
  "url": "https://ssrn.com/abstract=3782210",
  "sha256": "9cc531ab239f6266c8aeddcc8e54f4c06029c44e825444bee137bbcc0c9d0a8e",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20The%20Importance%20of%20Reputation%20for%20the%20Evolution%20of%20Decentralization.pdf"
 },
 "keywords": [
  "reputation",
  "consensus-and-security"
 ],
 "about": [
  "web-of-trust",
  "pgp",
  "value-threshold",
  "security"
 ],
 "abstract": "It works well for low-value infor- mation transmission, but it should not be used for transactions involving larger wealth in the general economy.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "design"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "high value economic transactions"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/367cfd060086a4f98a57aa43685f1d4789b5c6f4f2597b113c27e41c39eccba8.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3266953-031",
     "to_id": "kaal:claim:3266953-031",
     "similarity": 0.397
    },
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/3266953-028",
     "to_id": "kaal:claim:3266953-028",
     "similarity": 0.313
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "367cfd060086a4f98a57aa43685f1d4789b5c6f4f2597b113c27e41c39eccba8",
 "canonicalForm": "https://wulfkaal.github.io/claims/3782210-011.md"
}