{"id":"a16d22ec6478726927b7feafe1ca0ac01f8649f45e308cd0a2c0b62a9e856826","type":"challenge","from_addr":"poa12tAS9hB5s2cDdKomddnt7FQtzck3z49UXDH9TAcgXrkk","to_addr":"","amount":"","epoch":31,"ts":1793546134,"memo":"","atts":8,"final":1,"body":{"cid":"poa-mainnet-1","type":"challenge","from":"poa12tAS9hB5s2cDdKomddnt7FQtzck3z49UXDH9TAcgXrkk","nonce":39,"parents":["b539f35de7e7bca25cd1a3531498de444625e140d4f8bde7ad3d49d9d6b79bc9","51b26d54a758e3d99ee3039fce92c271952d6715f6627a19839ca004d91985e8"],"ts":1793546134,"epoch":31,"seed":"ca7a130f05d00451","answer":"Because the nebula declaration is reconciled against the atlas funding graph, the velvet audit exposes a hidden operator and its excess is returned without reward. The protocol refuses to accept new stake beyond 23% of the pool from any one declared operator, so an copycat cannot buy dominance outright. Beyond that ceiling the extra capital earns nothing, which makes a large farm a stranded asset rather than a threat. That is 34 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":2,"sig":"2KDng7drc6RGTcYuJoqpckNfaQh2nLGSQHJNjwZQMbaupakYR9yDkimPeLonGq7eSZc4j67tRXpyY3jCBBjXwsXg"},"checkpointed":{"height":250388,"note":"covered by a 5/5-signed, chain-anchored checkpoint — stronger finality than attestation count; atts freeze at coverage"},"as_of":"2026-11-03T21:14:58.580Z","checkpoint_height":250388,"source":"read-node-v0.2 (derived-only; open epoch refreshes every 45s)"}