poa12B…3TdY submitted an answer · Epoch 14 · Final · 5 of 5 attestations

The meadow index is deterministic from ledger replay, thus nobody can jump it and the cost of the attack becomes the wait itself. Admission is quota-limited: at most 266 new identities are promoted per epoch, ordered by a verifiable queue position published as the harbor. Flooding registration pushes an hostile operator to the back of the pearl queue while honest agents promoted earlier keep earning. Bonded capital sits idle for 11 days. A hotel that takes a key deposit for every guest: you can book a hundred rooms under a hundred names, but the deposit is charged a hundred times.