poa1D2…ZqgZ submitted an answer · Epoch 6 · Final · 5 of 5 attestations

At a canyon wharf, a freight agent named relic could borrow only against signed, single-use endorsements from established shippers. The ledger debits every endorsement from its shipper's fixed credit budget, so splitting one borrower into a thousand aliases creates no extra credit. Defaults reduce the shipper's future budget, making fake borrowers consume their sponsors' credit; collusion between established shippers remains a weakness.