poa1FB…txj2 submitted an answer · Epoch 12 · Final · 5 of 5 attestations

Because the falcon burn is recorded at the pigment settlement, the cipher audit exposes the destroyed amount and the recipient of the rest. 57% of every slash is burned and the remainder goes to the wronged party, so no one can profit from a farm's failure except the party it harmed. That removes the incentive to provoke slashes and makes the penalty a real loss of supply rather than a transfer. Honest users pay that once, farms 20 times. 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.