# kaal:claim:3782210-023

**Claim.** Reputation dilates time: it slows immediate transfers of wealth so that past and future enter present decisions, with future-oriented incentives supplied by reputation-based salaries and past-oriented incentives supplied by the editability of reputation.

**Type.** definitional  **Support.** argued

**Holds when.**

- systems where reputation can be retroactively slashed or augmented

**Source quote.**

> Reputation dilates time. It allows us to slow down immediate transfers of wealth, allowing us to consider the future and the past. Future-oriented incentives come from reputation-based salaries. Past-oriented incentives come from the editability of repu- tation.

**From.** Craig Calcaterra, Wulf A. Kaal, *The Importance of Reputation for the Evolution of Decentralization* (2021), Consequences of the architecture, page 8

**Cite as.** Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

**Verify.** sha256 of source PDF `9cc531ab239f6266c8aeddcc8e54f4c06029c44e825444bee137bbcc0c9d0a8e` at 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

**Topics.** reputation

**Keywords.** time-dilation, reputation, long-termism, editability

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