entity · derived

Irreversibility

4 claims across 4 works, 2018–2022.

Derived node: assembled mechanically from the claims carrying irreversibility. A roster, not an adjudicated definition.

Every claim under this term

3227933-021 2018 failure: In a truly decentralized system where code is law, any mistake such as a stolen or lost password or a programming bug is permanent and irrevocable, because there is no authority able to reverse it.
3227967-034 2018 failure: In a truly decentralized system any mistake, such as a stolen or lost password or a programming bug, is permanent and irrevocable.
3936876-010 2021 failure: A private key differs from a password in that it is immutable and cannot be reset, so if the key is lost or stolen access to the digital asset may be permanently lost.
4067783-020 2022 mechanism: Smart contracts that govern fungible currency exchanges are engineered for irreversible, unreviewable, programmed self execution, and that design makes the business structure of web3 more rigid.