{
 "@context": "https://schema.org",
 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/public-blockchains",
 "identifier": "kaal:entity:public-blockchains",
 "name": "Public blockchains",
 "termCode": "public-blockchains",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "dateModified": "2026-07-29",
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   "value": [
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3406323-019",
   "identifier": "kaal:claim:3406323-019",
   "text": "The low transaction throughput of public blockchains is a core limitation that holds back more advanced distributed applications, which is why decentralized commerce in 2019 remains relegated to cryptocurrency trading and basic smart contracting.",
   "abstract": "The low transaction throughputs of public blockchains is a core limitation that holds back more advanced DApps.",
   "citation": "Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323",
   "datePublished": "2019",
   "claim_type": "failure",
   "confidence": "asserted",
   "is_failure_mode": true,
   "scope_conditions": [
    "public blockchains as of 2019"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3406323-020",
   "identifier": "kaal:claim:3406323-020",
   "text": "Without a core use case other than the store of value provided by Bitcoin, decentralization technology is less likely to proliferate; banking, money transmission, and triple entry accounting are natural but insufficient as universal use cases for public blockchains.",
   "abstract": "Without a core use case, other than the store of value (in Bitcoin), decentralization technology is less likely to proliferate.",
   "citation": "Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323",
   "datePublished": "2019",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3411897-023",
   "identifier": "kaal:claim:3411897-023",
   "text": "The low transaction throughput of public blockchains is a core limitation that holds back more advanced distributed applications.",
   "abstract": "The low transaction throughputs of public blockchains is a core limitation that holds back more advanced DApps.",
   "citation": "Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897",
   "datePublished": "2019",
   "claim_type": "failure",
   "confidence": "asserted",
   "is_failure_mode": true,
   "scope_conditions": [
    "public blockchains as of 2019"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3411897-025",
   "identifier": "kaal:claim:3411897-025",
   "text": "Without a core use case beyond Bitcoin's store of value function, decentralization technology is less likely to proliferate.",
   "abstract": "Without a core use case, other than the store of value (in Bitcoin), decentralization technology is less likely to proliferate.",
   "citation": "Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897",
   "datePublished": "2019",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "absent a widely adopted killer application for public blockchains"
   ],
   "source_pdf_sha256": "82f0aea026b3e3a526ec51bc073b3b864dc06cd9083ff9c54c550037045edaa9",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3441904-040",
   "identifier": "kaal:claim:3441904-040",
   "text": "On chain governance is a necessity for most public blockchains because all existing blockchains need to calibrate soft forks for protocol upgrades.",
   "abstract": "On-chain governance is a necessity for most public blockchains. Because all existing blockchains need to calibrate soft forks for protocol upgrades, most public blockchain communities that value decentralization have considered on-chain governance for their protocol.",
   "citation": "Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904",
   "datePublished": "2019",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "public blockchain communities that value decentralization"
   ],
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   "status": "current"
  }
 ],
 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'public-blockchains'. Derived node: a roster, not an adjudicated definition."
}