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by darawk
2906 days ago
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> A jewel seller would have an incentive to stake a lot of tokens on inclusion in the list; but who would have an incentive to stake as many tokens against the inclusion? Hand-made jewelry sellers, but bystander effect may apply. The other owners of the tokens! That's the conceit of a TCR. The owners of the tokens have an incentive to maintain their value. The value of their tokens comes from their ability to get you onto the list of that token. The value of being on that list comes from the prestige of the list (i.e. its track record of honesty/quality). > And what would prevent hand-made jewelry sellers from uniting against a single legitimate seller? They could do this, but again, they'd be doing it at some cost to the prestige of their list. |
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