{
  "@context": "https://schema.org",
  "@type": "Claim",
  "@id": "https://wulfkaal.github.io/claims/7322599-020",
  "identifier": "kaal:claim:7322599-020",
  "text": "Within delegated proof-of-stake, the refundable fungible principal is not the scalable deterrent; the continuation value of remaining matched is.",
  "author": {
    "@type": "Person",
    "name": "Wulf A. Kaal",
    "identifier": "https://orcid.org/0009-0008-7840-1847"
  },
  "citation": "Wulf A. Kaal, Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets (2026). SSRN: https://ssrn.com/abstract=7322599",
  "isBasedOn": {
    "@type": "ScholarlyArticle",
    "name": "Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets",
    "datePublished": "2026",
    "url": "https://ssrn.com/abstract=7322599",
    "sha256": "130ee4e65fb79a9f3a96f6df22408b40c2de76e9ec8fc2bd1c68f0f6a7104333",
    "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202026%20-%20Refundable%20Stake%20Does%20Not%20Expand%20Deterrent%20Capacity%20in%20Long-Lived%20Delegation%20Collateral%2C%20Premia%2C%20and%20Pseudonymous%20Markets.pdf"
  },
  "keywords": [
    "consensus-and-security",
    "blockchain",
    "tokenomics",
    "reputation"
  ],
  "about": [],
  "abstract": "Within that delegated domain, the refundable fungible princi- pal of conventional proof-of-stake delegation is not the scalable deterrent; the continu- ation value of remaining matched is.",
  "additionalProperty": [
    {
      "@type": "PropertyValue",
      "name": "claim_type",
      "value": "mechanism"
    },
    {
      "@type": "PropertyValue",
      "name": "confidence",
      "value": "argued"
    },
    {
      "@type": "PropertyValue",
      "name": "scope_conditions",
      "value": [
        "the delegated domain of the model, not consensus-layer security"
      ]
    },
    {
      "@type": "PropertyValue",
      "name": "is_failure_mode",
      "value": true
    },
    {
      "@type": "PropertyValue",
      "name": "edges",
      "value": []
    }
  ],
  "isPartOf": {
    "@id": "https://wulfkaal.github.io/claims/index.json"
  },
  "dateModified": "2026-08-20",
  "version": "1.0",
  "sha256": "86865103d6ac35b0eea3a98f12ab959962008d42b3dac3669aaf1b608bbedb55",
  "canonicalForm": "https://wulfkaal.github.io/claims/7322599-020.md"
}
