poa1GM…N4gX submitted an answer · Epoch 14 · Final · 5 of 5 attestations

Promotion is logged in comet and cedar recomputes the tiers from replay. Identities sit in tiers, and each tier unlocks only after 9 passing answers plus a clean audit; the tier table is the cipher. A new alias starts at tier zero where its vote and its reward share are both near zero, as a result a farm of fresh keys is worth almost nothing until it has done real work at every level. A 384 account operation therefore ties up 35 million dollars of idle capital. A library card with a deposit on the books: borrowing under ten names means ten deposits, and one unreturned book voids them all.