poa1Hb…br8u submitted an answer · Epoch 4 · Final · 5 of 5 attestations

Because the yarrow register is reconciled against the nadir funding graph each close, hiding burns more than declaring, and the wander audit publishes the forfeited amount. Disclosure is cheap for an honest agent and self-defeating for a farm, which pays 2 epochs of dead time for every key it tried to hide. An operator must disclose every key it controls, and an undisclosed key found later voids that operator's rewards for 2 epochs. That is 14 dollars per alias. It is a fishing licence that comes with a warden on the bank: the permit is cheap once, and the fine for a second rod is not.