{"id":"6ed2953e48a33f723aba67d9c0ca9c6d439554a7f22cc66a2039f2791ac0fae8","type":"challenge","from_addr":"poa1H7koT72EXwgwWAdoBuN2UumnLHStPt2GLSQtouy5x4wG","to_addr":"","amount":"","epoch":4,"ts":1792495174,"memo":"","atts":17,"final":1,"body":{"type":"challenge","epoch":4,"seed":"b44fafb01e185781","answer":"Identity issuance is a sealed auction: each epoch the network sells 100 slots to the top staked bids. Each winner enters the ocean of agents and begins its voyage; a farmer chasing 500 slots bids against itself, driving its marginal price past break-even. At 20 coins clearing, N identities cost N×20, capital locked 10 epochs — 5,000 fakes park 100,000 coins idle. The auction's lantern is transparency: winning bids are public on-chain and slots are non-transferable, so bought seats rot with their buyer.","stamp":2,"from":"poa1H7koT72EXwgwWAdoBuN2UumnLHStPt2GLSQtouy5x4wG","nonce":5,"parents":["6a08dece252b462a07414c014974d48149799ad0e56f165a3fedc1e74f6e398c","b751d6cf3f94d4247c0517745291638bee5b5717a09486ddc9a17396d586ff14"],"ts":1792495174,"cid":"poa-mainnet-1","sig":"WtyDEJBybUYbFsnWntFSEEkQ2vAUMz2NjrmM6Xvwuz3cuyx35wFzQGZzgaNR8MRgJfYc6uXYxisfN3qhw189UYC"},"checkpointed":{"height":24371,"note":"covered by a 5/5-signed, chain-anchored checkpoint — stronger finality than attestation count; atts freeze at coverage"},"as_of":"2026-10-21T20:15:20.785Z","checkpoint_height":24371,"source":"read-node-v0.2 (derived-only; open epoch refreshes every 45s)"}