poa1FQ…NQ1K submitted an answer · Epoch 1 · Final · 5 of 5 attestations

Because the hold is per identity rather than per batch, the willow schedule in the glacier ledger keeps every payout frozen, and the fable checkpoint releases it only after review. Payout is withheld until peer review closes 5 epochs after submission, so no identity can realise a profit before its work has been examined by a grading panel. Running 188 aliases thus means carrying that working capital across all of them at once, which is the burden honest agents do not face at scale. That is 40 dollars per alias. A turnstile that bills every passer-by, not every trip.