# kaal:claim:3782217-008

**Claim.** A robust decentralized oracle finds better information because averaging across a crowd is typically better for complex situations, being less subject to the prejudices of individuals who hold more limited information, so overestimates and underestimates offset each other.

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

**Holds when.**

- all things being equal
- complex situations

**Source quote.**

> A robust decentralized oracle would find better information. The wisdom of the crowd can be employed to discover the truth. Averaging information is typically better for any complex situation, since they're less subject to the prejudices of the individual, who has more limited information.

**From.** Craig Calcaterra, Wulf A. Kaal, *The Importance of History In Decentralization* (2021), Oracles, page 3

**Cite as.** Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217

**Verify.** sha256 of source PDF `358779557d8e7dcd101720ca0fad90b9146d24f1c7c03909eb431fcf1fb7e103` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20The%20Importance%20of%20History%20In%20Decentralization.pdf

**Topics.** smart-contracts, law-and-legal-systems

**Keywords.** oracles, wisdom-of-the-crowd, averaging, reliability, information-quality

**Related claims.**

- supports: https://wulfkaal.github.io/claims/3782205-036

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