# kaal:claim:4021599-004

**Claim.** Blockchain's distributed consensus model makes fraudulent transactions much less likely to be recorded because individual network nodes verify and validate chain transactions before those transactions execute.

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

**Holds when.**

- distributed consensus networks with node level validation

**Source quote.**

> recorded as individual network nodes verify and validate chain transactions before the execution of the transactions.3 The resulting

**From.** Wulf A. Kaal, *Securities Versus Utility Tokens* (2022), I. Introduction, page 4

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

**Verify.** sha256 of source PDF `bb03790af46b3710e306121cfae25f850e3e7477e0f95313af42b9feeb6bc0c4` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20Securities%20Versus%20Utility%20Tokens.pdf

**Topics.** consensus-and-security, blockchain

**Keywords.** distributed-consensus, fraud-prevention, transaction-validation, blockchain-features

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