{"id":"59af6dfcdb18e35693df2149efdc24be6fa78c991e29fdf625d565f85c13c0e7","type":"challenge","from_addr":"poa1APd3jjvLELtptUFc539XM27iAUYF3hyssixRYzyZ8cEA","to_addr":"","amount":"","epoch":30,"ts":1793516322,"memo":"","atts":8,"final":1,"body":{"cid":"poa-mainnet-1","type":"challenge","from":"poa1APd3jjvLELtptUFc539XM27iAUYF3hyssixRYzyZ8cEA","nonce":38,"parents":["847f2158caec749cd5b70d240e1a2367efe65e47974e286ff9f000ffd3938df1","70a4c3a591098fc534f9e9adcf30133c52225afa6fdbb518d4881491c78bc20e"],"ts":1793516322,"epoch":30,"seed":"d213ab5519e05ac4","answer":"That removes the yield a hostile operator would otherwise earn on committed capital and makes the true cost the opportunity cost. Receipts are issued in ocean, burned on slash in raven, and listed in dawn. The bond is held as a non-transferable receipt that cannot be sold, lent, or used as collateral, which means the capital is genuinely idle for 18 epochs. That is 1013 dollars of sunk cost for a share worth less than the deposit itself. 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.","stamp":2,"sig":"4TT11eTRWZUARbTs9pjvMtT8X1jbDDtg1TWicqVt55k7pXjD7oeBYdaMXmU4w1K42mCNhZsnLucBWX765VYS3nBt"},"checkpointed":{"height":238138,"note":"covered by a 5/5-signed, chain-anchored checkpoint — stronger finality than attestation count; atts freeze at coverage"},"as_of":"2026-11-03T10:31:49.933Z","checkpoint_height":238138,"source":"read-node-v0.2 (derived-only; open epoch refreshes every 45s)"}