# Delegation

`kaal:entity:delegation`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `delegation`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

5 claims across 5 works, 2018 to 2021.

**2018**

- [3125827-009](https://wulfkaal.github.io/claims/3125827-009) [failure/argued] *(failure mode)* -- Even though proof of stake mitigates the economy of scale advantage, block production cartels can still arise in PoS systems through lotteries, through built in voting delegations, or because the stakes required to be a block producer can simply be bought.
  > However, block production cartels may still arise due to lotteries, or the fact that voting delegations are built into the system, or the fact that the stakes needed to be a block producer may be bought
  Craig Calcaterra, Wulf A. Kaal, Secure Proof of Stake Protocol (2018). SSRN: https://ssrn.com/abstract=3125827

**2019**

- [3373393-017](https://wulfkaal.github.io/claims/3373393-017) [design/argued] -- Supervisory tasks traditionally performed by principals to control their agents can be delegated to decentralized computer networks that are reliable, secure, immutable, and independent of fallible human input and discretionary human goodwill.
  > Supervisory tasks that were traditionally performed by principals to control their agents can be delegated to decentralized computer networks that are highly reliable, secure, immutable, and independent of fallible human input and discretionary human goodwill.
  Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

**2021**

- [3782191-007](https://wulfkaal.github.io/claims/3782191-007) [definitional/argued] -- Decentralization is not merely delegation, deconcentration, devolution, or the redistribution of centrally organized authority or centrally collected revenue; equating it with those terms misstates what decentralization is.
  > Termino- logically, decentralization is not just synonymous with delegation, deconcentration, disassortative, devolution, circulation, or partnership.
  Craig Calcaterra, Wulf A. Kaal, Preface to (2021). SSRN: https://ssrn.com/abstract=3782191
- [3782214-037](https://wulfkaal.github.io/claims/3782214-037) [failure/argued] *(failure mode)* -- Without the ability to hold representatives to account, representatives are not incentivized to vote for outcomes reflecting their constituency's wishes and needs, but instead promote agendas that serve their personal interests and preserve their own power.
  > Without the ability to hold them to account, representatives are not incentivized to vote for outcomes that reflect the presumptive wishes and needs of their larger constituency, but for promoting the agendas which benefit their per- sonal interests and maintaining their own power.
  Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214
- [3936876-040](https://wulfkaal.github.io/claims/3936876-040) [failure/argued] *(failure mode)* -- Delegation of rights to custody providers is only an incremental step toward centralization via delegation to third party investment managers, and it opens a floodgate because each additional level of investment discretion over digital assets exacerbates centralization concerns and compounds rent seeking suboptimalities.
  > This becomes a floodgate issue, as each level of investment discretion over digital assets exacerbates the centralization concerns and compounds the rent seeking suboptimalities.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/delegation.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.