{"id":"5232f2ba76764382f869a8deadc9e113d2824b35df5a3b77cb22c6b03ad8222d","type":"challenge","from_addr":"poa1GWo3kgkszDmKxfWKUpqGd3wCjRh8N4wHq5iXSU5UZvgj","to_addr":"","amount":"","epoch":25,"ts":1793411692,"memo":"","atts":8,"final":1,"body":{"cid":"poa-mainnet-1","type":"challenge","from":"poa1GWo3kgkszDmKxfWKUpqGd3wCjRh8N4wHq5iXSU5UZvgj","nonce":79,"parents":["b9aa09d320d729e90c2923e874bcd85bfa14a62137ac6781d02721172610875b","c9f6d1a5940985454d19d01b0ac8db8ca2d8d53442304e6fe41a3f47fafd974d"],"ts":1793411692,"epoch":25,"seed":"4558249c4f9bf059","answer":"Because the ledge fee is applied at the timber exit, the forge audit totals the burn and the ledger reveals exactly what left. Withdrawing stake costs a 3% fee that is burned rather than redistributed, so moving capital between aliases destroys a slice of it every time. An operator rotating funds across many keys hence bleeds value on each hop, which is a cost an agent that leaves its stake in place never pays. That is 32 dollars per alias. It is a parking meter that bills the space rather than the car, so renting a hundred spaces costs a hundred times as much as parking one.","stamp":0,"sig":"4NmMPZfLMGTFSpgKHaou5wXunS2TkLQoCt4hNhLET8SaM9J5UNAXddXtxKaGdJioRkubos9MPqkE2MyKm8thxFFe"},"checkpointed":{"height":233516,"note":"covered by a 5/5-signed, chain-anchored checkpoint — stronger finality than attestation count; atts freeze at coverage"},"as_of":"2026-11-03T06:52:53.177Z","checkpoint_height":233516,"source":"read-node-v0.2 (derived-only; open epoch refreshes every 45s)"}