# Public blockchains

`kaal:entity:public-blockchains`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `public-blockchains`. 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 3 works, 2019 to 2019.

**2019**

- [3406323-019](https://wulfkaal.github.io/claims/3406323-019) [failure/asserted] *(failure mode)* -- 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.
  > The low transaction throughputs of public blockchains is a core limitation that holds back more advanced DApps.
  Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323
- [3406323-020](https://wulfkaal.github.io/claims/3406323-020) [condition/argued] *(failure mode)* -- 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.
  > Without a core use case, other than the store of value (in Bitcoin), decentralization technology is less likely to proliferate.
  Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323
- [3411897-023](https://wulfkaal.github.io/claims/3411897-023) [failure/asserted] *(failure mode)* -- The low transaction throughput of public blockchains is a core limitation that holds back more advanced distributed applications.
  > The low transaction throughputs of public blockchains is a core limitation that holds back more advanced DApps.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897
- [3411897-025](https://wulfkaal.github.io/claims/3411897-025) [failure/argued] *(failure mode)* -- Without a core use case beyond Bitcoin's store of value function, decentralization technology is less likely to proliferate.
  > Without a core use case, other than the store of value (in Bitcoin), decentralization technology is less likely to proliferate.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897
- [3441904-040](https://wulfkaal.github.io/claims/3441904-040) [condition/argued] -- On chain governance is a necessity for most public blockchains because all existing blockchains need to calibrate soft forks for protocol upgrades.
  > 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.
  Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

## 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/public-blockchains.md | sha256sum

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