kaal:claim:3808873-025

Decentralized legal infrastructure solutions were almost entirely missing in the early 2020s despite strong demand, because other prerequisite decentralized infrastructure products, notably a functional public blockchain, were still missing.

Yet, other important decentralized infrastructure products, such as a functional public blockchain were still missing which undermined decentralized infrastructure solutions.

Wulf A. Kaal, Decentralization Neutralizers (2021), IX. Regulation, p. 21
https://ssrn.com/abstract=3808873 · source PDF

Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

• early 2020s decentralized legal and arbitration startups using ERC-20 tokens

mechanismsupport: arguedfailure: Missing Prerequisite Infrastructurefamily: cold-start-and-bootstrappinglaw-and-legal-systemsblockchaindecentralization

• specializes kaal:claim:3808859-040 Without basic decentralized infrastructure products in place, on-chain governance of blockchains is not possib...
• extends kaal:claim:3409548-014 The 2018 ICO boom exposed a core limitation of blockchain technology: ICOs sold investors decentralized infras...

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