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 "name": "Efficiency security tradeoff",
 "termCode": "efficiency-security-tradeoff",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
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   "@id": "https://wulfkaal.github.io/claims/3402701-024",
   "identifier": "kaal:claim:3402701-024",
   "text": "Misestimating the hot money ratio fails in both directions: overestimation makes the currency more costly to use, and underestimation leaves it insecure, so efficiency and security are in direct tension.",
   "abstract": "A currency that overestimates this hot money ratio will cost more to use. A currency that underestimates the ratio will be insecure",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701",
   "datePublished": "2019",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782216-032",
   "identifier": "kaal:claim:3782216-032",
   "text": "Determining what fraction of a currency is hot money is necessary for efficiently defending its stability: overestimating the hot money ratio makes the currency costlier to use, and underestimating it makes the currency insecure.",
   "abstract": "Therefore, determining the fraction of a currency that is hot money is necessary for efficient defense of its stability. A currency that overestimates this hot money ratio will cost more to use. A currency that underestimates the ratio will be insecure.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Decentralized Finance (DeFi) (2021). SSRN: https://ssrn.com/abstract=3782216",
   "datePublished": "2021",
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 "description": "2 claims in the published works of Wulf A. Kaal carry the concept tag 'efficiency-security-tradeoff'. Derived node: a roster, not an adjudicated definition."
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