# Quantity commitment

`kaal:entity:quantity-commitment`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `quantity-commitment`. 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

2 claims across 1 works, 2022 to 2022.

**2022**

- [4033886-014](https://wulfkaal.github.io/claims/4033886-014) [failure/argued] *(failure mode)* -- Redemption contracts, the traditional price commitment device for privately issued money, lack credibility, whereas pre programmed smart contracts deliver an enforceable and secure quantity commitment instead.
  > Such redemption contracts lack credibility.31 In contrast, the pre-programmed smart contract's enabled by cryptocurrencies facilitate an enforceable and secure quantity commitment.32
  Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886
- [4033886-015](https://wulfkaal.github.io/claims/4033886-015) [mechanism/argued] -- A programmed and enforceable quantity commitment secures a reliably positive value for Bitcoin because the governing source code is fully transparent on the blockchain and continuously verifiable.
  > For instance, a programmed enforceable quantity commitment ensures a reliable positive value of Bitcoin.33 Cryptocurrencies' observable source code are fully transparent on their respective blockchain and continuously verifiable.34
  Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

## 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/quantity-commitment.md | sha256sum

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