# Transaction validation

`kaal:entity:transaction-validation`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `transaction-validation`. 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 2 works, 2017 to 2022.

**2017**

- [2959730-019](https://wulfkaal.github.io/claims/2959730-019) [mechanism/argued] -- Blockchain's distributed consensus model, in which network nodes verify and validate chain transactions before execution, makes it extremely rare for a fraudulent transaction to be recorded in the blockchain.
  > Blockchain's distributed consensus model, e.g., the network "nodes" verify and validate chain transactions before execution of the transactions, makes it extremely rare for a fraudulent transaction to be recorded in the blockchain.
  Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

**2022**

- [4021599-004](https://wulfkaal.github.io/claims/4021599-004) [mechanism/argued] -- Blockchain's distributed consensus model makes fraudulent transactions much less likely to be recorded because individual network nodes verify and validate chain transactions before those transactions execute.
  > recorded as individual network nodes verify and validate chain transactions before the execution of the transactions.3 The resulting
  Wulf A. Kaal, Securities Versus Utility Tokens (2022). SSRN: https://ssrn.com/abstract=4021599

## 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/transaction-validation.md | sha256sum

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