Different approaches to inter-ledger agreements yield different legal consequences

“Colorful code on a computer monitor” by Markus Spiske on Unsplash

Nowadays, any citizen of a given nation must abide by the constitutional laws and normative framework that define the borders within which activities and conducts (should) take place in order to adhere to rules set by the State. So, legal rights and obligations define what a person can or cannot do within a given community. Examples of these rights are the right to vote, the claim right (i.e, Alice has a claim that Bob do something if and only if Bob has a duty to Alice to do that something) and property right. …

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