kaal:claim:4900878-032

Because the blockchain is a distributed ledger existing simultaneously across all nodes, physical space is effectively eliminated within the network, and a triggered smart contract executes its code across the entire network instantaneously without regard to where wallets or keys are located.

Source quote, verbatim

This distributed nature effectively eliminates the concept of physical space within the network.

From

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 6.5.2 Zero-Space Structure of Smart Contracts, 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

distributed ledgers replicated across all network nodes

Classification

mechanismsupport: asserteddecentralizationblockchainsmart-contracts

Verify

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