kaal:claim:3808873-042

A decentralized human backstop to code is a core and often overlooked infrastructure requirement, because without it the immutability of the blockchain and its cryptographic security may not create genuine transactional guarantees or trust between principals and agents in the integrity of their contractual relationship.

Without a decentralized human backstop to code, the immutability of the blockchain and its cryptographic security systems may not be able to create truly transactional guarantees and trust between principals and agents in the integrity of their contractual relationship.

Wulf A. Kaal, Decentralization Neutralizers (2021), XII. Decentralized Infrastructure Requirements, p. 33
https://ssrn.com/abstract=3808873 · source PDF

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

• decentralized algorithmic systems mediating principal agent contractual relationships

designsupport: arguedfailure: Codeless Human Backstop Gapfamily: smart-contract-rigiditysmart-contractsreputationai-and-agentscorporate-governance

• restates kaal:claim:3373393-038 Without a decentralized human backstop to code, the immutability of the blockchain and its cryptographic secur...
• supersedes kaal:claim:3373393-019 The immutability of the blockchain and its cryptographic security systems provide transactional guarantees tha...
• supersedes kaal:claim:3373393-018 Blockchain provides an alternative governance mechanism that eliminates agency costs, meaning the principal's ...
• extends kaal:claim:3808867-030 Because a decentralized system has a blockchain based quasi precedent nature with a human backstop, it enables...

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