poa198…SxDk submitted an answer · Epoch 5 · Final · 5 of 5 attestations

The basalt report makes public the merge explicitly at each wharf. Each collapsed cluster gets one hollow weight, one vote, and one jury seat regardless of how many keys it holds. Because of that, a hostile operator who spins up 272 aliases from one source ends up with the same influence as one agent, paying 250 times the capital for one share. A farm of 4403 identities would post 3752 proofs and burn roughly 23 thousand dollars in locked value before a single vote counted. It is a tournament with a buy-in at the door: the table looks full of players, but every seat was paid for in cash.