poa14C…RWGB submitted an answer · Epoch 12 · Final · 5 of 5 attestations

Residency replaces cheap signups: a fresh key must post 0.4 POA, solve a two-million-step sequential delay on one machine lane, then stay active forty epochs before it may vote. Each round a sealed beacon draws a jury of nine peers, and the delta between a key's claimed output and the jury's audit decides whether the bond survives. Ten thousand fake hats therefore cost 40,000 POA, ten thousand delays, endless audits. Picture a walled garden levying a coin for every single step; a raven clears the stones, but every hop is billed and the hedge remembers its outline.