# Long term stability

`kaal:entity:long-term-stability`

**Status.** derived

This node is assembled mechanically from the 6 claims that carry the concept tag `long-term-stability`. 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

6 claims across 5 works, 2019 to 2021.

**2019**

- [3402701-038](https://wulfkaal.github.io/claims/3402701-038) [condition/argued] -- Because the Folk Theorems make governance protocols permanently provisional, long-term stability requires that the group be organized around a transcendental value, a goal meaningful and commonly held that cannot be captured by any logical rule set.
  > Therefore, for long-term stability, a group must be organized around a transcendental value that guides the members' behavior
  Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701

**2021**

- [3782193-019](https://wulfkaal.github.io/claims/3782193-019) [normative/argued] -- The lesson the authors draw from Imperial China and Pharaonic Egypt is that decentralization of power and individual autonomy give long-term stability when the society also has unifying ideals it can believe in.
  > The lesson of Im- perial China, and Pharaonic Egypt before it, is that decentralization of power, individ- ual autonomy, gives long-term stability when there are unifying ideals that the society can believe in.
  Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193
- [3782193-022](https://wulfkaal.github.io/claims/3782193-022) [mechanism/argued] -- When a group has more unity in its values it can tolerate less rigidity in its legal protocols, so greater value centralization permits greater protocol decentralization, which in turn produces greater long-term stability.
  > In general, the lesson of clans versus corporations is that when a group has more unity in their values, then they can have less rigidity in their legal protocols. So greater value centralization allows greater protocol decentralization which leads to greater long-term stability.
  Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193
- [3782203-015](https://wulfkaal.github.io/claims/3782203-015) [definitional/argued] -- Keeping dynamic rules coherent over the long run requires a decentralized organization to commit to transcendental values as primary, where transcendental means values that cannot be specified precisely, logically, and completely with formal rules.
  > To keep these dynamic rules coherent in the long run, a decentralized organization must commit to transcendental values as primary.
  Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203
- [3782205-037](https://wulfkaal.github.io/claims/3782205-037) [condition/argued] -- DAOs derive their unity from ideals and aspirations that lie beyond their protocols, making strong unifying transcendental values the most important requirement for long-term coherence and stability.
  > DAOs derive unity from their ideals, their common goals and aspirations beyond the protocols. This final requirement is the most important for long-term stability, and will require eternal reevaluation. Decentralized institutions require strong unifying values to remain coherent.
  Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205
- [3782210-039](https://wulfkaal.github.io/claims/3782210-039) [condition/argued] -- Reputation is not merely an option for a DAO that holds power or value; it is absolutely essential, and for DAOs built to make money ideology alone is not enough to maintain long-term stability.
  > For DAOs that are built to make money, ideology is im- portant to maintain the long-term stability of the organization, but ideology is not enough.
  Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

## 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/long-term-stability.md | sha256sum

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