# Key management

`kaal:entity:key-management`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `key-management`. 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 4 works, 2019 to 2021.

**2019**

- [3406323-021](https://wulfkaal.github.io/claims/3406323-021) [failure/argued] *(failure mode)* -- Mass adoption of decentralized protocols will remain out of reach so long as users must discern and manage public and private keys to wallets, because user access and usability fall short of mass adoption needs.
  > It will be very difficult to educate the public sufficiently to seamlessly adopt decentralized protocols in their daily life if users have to discern and manage public and private keys to wallets, among other concerns.
  Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323
- [3411897-026](https://wulfkaal.github.io/claims/3411897-026) [failure/argued] *(failure mode)* -- Without intuitive consumer access points comparable to iTunes, decentralized systems cannot reach mainstream consumer adoption, because users currently must manage their own security, keys, and wallets.
  > Without such intuitive consumer support access points, it is difficult to see how decentralized systems can ever reach mainstream consumer adoption.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

**2020**

- [3606663-029](https://wulfkaal.github.io/claims/3606663-029) [failure/argued] *(failure mode)* -- At the beginning of the 2020s DeFi was not sufficiently user friendly, because core interfaces such as metamask, myetherwallet, and scatter require levels of technical know how in handling public and private keys that most lay users do not possess.
  > At the beginning of the 2020s, DeFi was not sufficiently user friendly.
  Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

**2021**

- [3936876-010](https://wulfkaal.github.io/claims/3936876-010) [failure/argued] *(failure mode)* -- 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.
  > However, private keys are distinguishable from a password in that a private key is immutable – it cannot be reset.82 If a user loses their private key or if the private key is stolen, access to the digital asset may be lost.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876
- [3936876-023](https://wulfkaal.github.io/claims/3936876-023) [condition/asserted] -- Self management of private keys or passphrases for individual digital assets is too cumbersome for institutional investors, so institutional custody solutions must be as robust as those provided for traditional assets.
  > Private keys or maintaining passphrases for individual digital assets is too cumbersome for institutional investors.
  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/key-management.md | sha256sum

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