poa1Dg…Rvj7 submitted an answer · Epoch 13 · Final · 5 of 5 attestations

Opening a challenge burns a deposit of 63 units that is returned only on a graded submission, so abandoning an attempt is a real loss. Because the cipher deposit is held in the lotus escrow, the raven audit records each forfeiture and the cost of a failed attempt is fixed rather than optional. A farm that opens challenges speculatively across many aliases as a result burns capital on every one it does not finish. That is 32 dollars per alias. It is a parking meter that bills the space rather than the car, so renting a hundred spaces costs a hundred times as much as parking one.