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 "@id": "https://wulfkaal.github.io/entities/stability",
 "identifier": "kaal:entity:stability",
 "name": "Stability",
 "termCode": "stability",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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   "value": [
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3606663-023",
   "identifier": "kaal:claim:3606663-023",
   "text": "The evolution of the DeFi market and its new monetary system depends on the stability of DeFi products and digital assets, and both stability and adoption of DeFi are undermined by the instability of most cryptocurrencies.",
   "abstract": "The evolution of the DeFi market and its new monetary system depends on the stability of DeFi products and digital assets. Stability and adoption of DeFi is undermined by the instability of most cryptocurrencies.",
   "citation": "Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663",
   "datePublished": "2020",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "DeFi platforms denominated in volatile cryptocurrencies"
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782191-032",
   "identifier": "kaal:claim:3782191-032",
   "text": "Concentration produces instability and dispersion produces stability: the more concentrated a structure is, the more unstable it is, because little changes can cause major structural change, while a spread out pattern remains spread out when disturbed.",
   "abstract": "The more concentrated a structure is, the more unstable it is. The more spread out a pattern is, the more stable it is",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Preface to (2021). SSRN: https://ssrn.com/abstract=3782191",
   "datePublished": "2021",
   "claim_type": "mechanism",
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   "is_failure_mode": false,
   "scope_conditions": [
    "any structure characterized by concentration or dispersion"
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782192-018",
   "identifier": "kaal:claim:3782192-018",
   "text": "Long-term organizational stability requires a dynamic governance system that can adapt the rules to changing circumstances, a requirement that holds for any organization but especially for decentralized ones.",
   "abstract": "The fact that any set of rules can be corrupted illustrates two necessities for the long-term stability of any organization, but especially for decentralized organiza- tions. First, a dynamic governance system must be designed that can adapt the rules to the circumstances.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192",
   "datePublished": "2021",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "organizations seeking long-term stability",
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   "text": "The second necessity for long-term stability is that the organization hold to its ideals and transcendental values, so that the spirit of the law overrides the letter of the law.",
   "abstract": "Second, the organization needs to hold to its ideals, its tran- scendental values. The spirit of the law must override the letter of the law.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192",
   "datePublished": "2021",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782192-034",
   "identifier": "kaal:claim:3782192-034",
   "text": "Large decentralized networks such as national democracies do not make fundamental changes easily, because stability is their primary quality.",
   "abstract": "Large decentralized networks, like national democracies, don't make fundamental changes easily. Stability is their pri- mary quality.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Introduction to Decentralization (2021). SSRN: https://ssrn.com/abstract=3782192",
   "datePublished": "2021",
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   "@id": "https://wulfkaal.github.io/claims/3782193-004",
   "identifier": "kaal:claim:3782193-004",
   "text": "The unusual multi-millennial stability of Ancient Egypt and Imperial China, despite their strong political hierarchies, is explained by protocol decentralization rather than by any feature of their political centralization.",
   "abstract": "Ancient Egypt and Imperial China were relatively stable for millennia despite strong political hierarchies. What distinguished these civilizations from the many others that rose and fell around them? Their stability was due to protocol decentralization.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193",
   "datePublished": "2021",
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    "comparison against contemporaneous civilizations that rose and fell"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782193-007",
   "identifier": "kaal:claim:3782193-007",
   "text": "The unstoppable power of decentralization is threatened by unregulated competition for profits, but it can be maintained even in extreme circumstances by a secure and meaningful reputational system.",
   "abstract": "The \"unstoppable power of decentralization\" is threatened by unregulated competition for profits, but can be maintained in the most extreme circumstances by a secure and meaningful reputa- tional system.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193",
   "datePublished": "2021",
   "claim_type": "mechanism",
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    "decentralized organizations exposed to profit competition",
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   "@id": "https://wulfkaal.github.io/claims/3782193-010",
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   "text": "Transcendental values are more stable unifiers of a group than formal secular rules.",
   "abstract": "From an abstract perspective, transcendental values are more stable unifiers than formal secular rules.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193",
   "datePublished": "2021",
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   "identifier": "kaal:claim:3782193-017",
   "text": "The more effective a centralized architecture becomes at solving its target problem, the more rigid and unforgiving it becomes; rigid architectures are unstable and fail when met with novel challenges, so more decentralized organizations are more stable.",
   "abstract": "But rigid architectures are unstable and fail when met with novel challenges. More de- centralized organizations are more stable.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193",
   "datePublished": "2021",
   "claim_type": "failure",
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    "when the organization encounters challenges different from the one it was designed for"
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782205-024",
   "identifier": "kaal:claim:3782205-024",
   "text": "A sophisticated governance system is required for a decentralized organization to adjust effectively to market changes and to maintain stability.",
   "abstract": "A sophisticated system of governance is required to effectively adjust to market changes and to main- tain stability.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205",
   "datePublished": "2021",
   "claim_type": "condition",
   "confidence": "asserted",
   "is_failure_mode": false,
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  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782210-044",
   "identifier": "kaal:claim:3782210-044",
   "text": "A revolutionary new system of decentralized governance is a precondition for the Web3 vision succeeding, and because efficiency requires stability, the steering mechanisms must be subtle.",
   "abstract": "Before any of this Web@ vision of the future has a chance of success, we need a revolutionary new system of decentralized governance.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210",
   "datePublished": "2021",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "decentralized organizations pursuing the Web3 vision"
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   "source_pdf_sha256": "9cc531ab239f6266c8aeddcc8e54f4c06029c44e825444bee137bbcc0c9d0a8e",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782217-035",
   "identifier": "kaal:claim:3782217-035",
   "text": "Weighting references so that more value is shared with older posts promotes long term contributions and innovation and increases stability, while less value sharing encourages new contributions and immediate work, so the weighting parameters encode whether the DAO values long term or short term contribution.",
   "abstract": "More value-sharing with older posts will promote long-term con- tributions and innovations and increases stability; less value-sharing encourages new contributions and immediate work. How you design the calculation tells us whether you give more value to long-term or short-term contributions.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217",
   "datePublished": "2021",
   "claim_type": "design",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "citation graph based reputation systems"
   ],
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  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782217-038",
   "identifier": "kaal:claim:3782217-038",
   "text": "Review creates a decentralized history for a DAO, and that history gives the organization momentum, gives meaning and focus to perception, and is the basis for making governance, understood as steering, more effective.",
   "abstract": "Review helps create a decentralized history for a DAO, which gives them momentum. History gives meaning and focus to our perceptions. History is the basis for making governance (steering) more effective.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217",
   "datePublished": "2021",
   "claim_type": "mechanism",
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    "DAOs with reviewable histories"
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  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782220-004",
   "identifier": "kaal:claim:3782220-004",
   "text": "Transcendental values are necessary for long-term stability because every formal, explicitly specified protocol is permanently exposed to strategies that subvert it, a result the authors draw from the Folk Theorems of game theory.",
   "abstract": "By the insights gleaned from the Folk Theo- rems of Game Theory, transcendental values are necessary to maintain long-term sta- bility in the face of ever-present strategies for subverting any formal, explicitly-speci- fied protocol.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220",
   "datePublished": "2021",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "long-term stability",
    "formally specified protocols"
   ],
   "source_pdf_sha256": "f0bf1e80c6da60a6f8ba20630562bdf1dab171ccb5267f497dc0b815113cde99",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3782220-040",
   "identifier": "kaal:claim:3782220-040",
   "text": "Decentralized organizations are only as stable as their autonomous members' adherence to their ideals, and that same autonomy makes members individually responsible for constructing, nourishing, and revitalizing those unifying ideals continually.",
   "abstract": "They're as stable as their autonomous members' adherence to their ideals. But their very autonomy requires the members to construct the unifying ideals for themselves. They are individually responsible for nourishing and revitalize those unifying ideals, continually.",
   "citation": "Craig Calcaterra, Wulf A. Kaal, The Importance of Transcendental Unifying Values for Decentralization (2021). SSRN: https://ssrn.com/abstract=3782220",
   "datePublished": "2021",
   "claim_type": "condition",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "decentralized organizations"
   ],
   "source_pdf_sha256": "f0bf1e80c6da60a6f8ba20630562bdf1dab171ccb5267f497dc0b815113cde99",
   "status": "current"
  }
 ],
 "description": "15 claims in the published works of Wulf A. Kaal carry the concept tag 'stability'. Derived node: a roster, not an adjudicated definition."
}