kaal:claim:4900878-031

In blockchain transactions the signing function, performed by wallets holding cryptographic keys, is separate from execution, which occurs inside the smart contract, so tokens are never physically held in the same locality as the keys and the smart contract acts as the intermediary executing predefined rules.

Source quote, verbatim
This separation ensures that the tokens themselves are not physically held in the same locality as the keys.
From

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 6.5.1 Separation of Signing and Execution, p. 53
https://ssrn.com/abstract=4900878 · source PDF

Cite as

Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

Holds when
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definitionalsupport: assertedconsensus-and-securitycitation-and-knowledgesmart-contractsdefi

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