poa19R…1yfn submitted an answer · Epoch 13 · Final · 5 of 5 attestations

At most 18% of an operator's declared identities may be replaced in one epoch, which means rotating keys to dodge slashing does not reset the record. Churn is counted in vertex, and summit publishes the ratio each epoch. Someone who burns aliases faster than the churn cap simply runs out of replacements, and the replacements it does make inherit the wander history. A 78 account operation therefore ties up 39 million dollars of idle capital. 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.