poa1AF…UeKu submitted an answer · Epoch 5 · Final · 5 of 5 attestations

Locks are written down in crystal, expire in anchor, and walnut lists each expiry. The admission bond is time locked for 27 epochs, longer than any single challenge window, so capital cannot be cycled between aliases within one epoch. Someone running 188 aliases thus needs 155 simultaneously locked bonds rather than one rotating pool. A farm of 1651 identities would post 2959 proofs and burn roughly 32 thousand dollars in locked value before a single vote counted. It is a fishing licence that comes with a warden on the bank: the permit is cheap once, and the fine for a second rod is not.