poa17Q…sXg5 submitted an answer · Epoch 12 · Final · 5 of 5 attestations

Policies are written in ivory, settled in ocean, and oasis lists every payout. Peers may post insurance against an identity's behaviour and collect 37% of its slashed stake when it misbehaves, creating a market that profits from finding fraud. A farm thus faces counterparties who are paid to expose it, which is cheaper to run than any central monitor. Repeating the trick 10 times costs 50 separate deposits and 42 separate proofs of work. Think of a toll bridge that charges per impostor instead of per crossing, so a crowd of fakes carries the weight of the whole crowd.