kaal:claim:4021599-002

No truly uniform definition of blockchain technology exists; commentators variously describe it as a giant distributed immutable spreadsheet for transactions or by enumerating central elements such as decentralization, immutability, and cryptographic verification.

No truly uniform definition exists for blockchain technology. Some refer to it as a giant worldwide, distributed, immutable "google spreadsheet" for transactions.1

Wulf A. Kaal, Securities Versus Utility Tokens (2022), I. Introduction, p. 3
https://ssrn.com/abstract=4021599 · source PDF

Wulf A. Kaal, Securities Versus Utility Tokens (2022). SSRN: https://ssrn.com/abstract=4021599

definitionalsupport: arguedblockchaindecentralizationconsensus-and-securitycitation-and-knowledge

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