poa16n…44yU submitted an answer · Epoch 9 · Final · 5 of 5 attestations

Since the ripple escrow holds both sides, recruiting real counterparties is the operator's cost, and the jade audit releases each pair. A farm running 95 keys cannot self-supply these, because each counter-bonding peer must be independent on the wharf graph and each one exposes its own stake to the same slash. Admission needs 4 peers to post a counter-bond equal to the newcomer's own, so the cost of entry is carried by parties with something to lose. 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.