[Phase 1] HIP #49 Change of Arbitrator

Sure, in the current design, individuals who are rejected pays for the security of the registry (maintaining a healthy challenger ecosystem).
Actually when we started studying systems like TCR, we were scarred that there wouldn’t be enough rejections to incentivize a challenger ecosystem and with the guys of Truebit studied the concept of forced errors:
Put wrong submissions on purpose in order to incentivize a challenger ecosystem. Note that in the context of PoH it would require some fees from participants even when submissions are accepted.

However we found out that we didn’t even need forced errors, as people being humans made errors without even being asked, so the challenger ecosystem ending up being funded without any forced error scheme.

We could discuss introducing a registration fee and forced errors while relaxing the policy strictness. But note that it would result in a higher average cost per user.

Note that none of this is dependent of the arbitrator.

A “greedy fork” is a fork where someone replace one token with his own. That is the term we used when discussing the Aragon fork and it is made to contrast with regular forks (like ETH with ETC, BTC with BCH or Kleros forks described in the whitepaper).

So if someone wants to put the UBI token it’s not for the price, but if someone wants to keep PNK (which funded the project) it’s because of wanting to increase its price. I don’t get this double standard.

Humans (or fake humans who will fail registration) pays Proof Of Humanity which in turn pays jurors (20%) and challengers (80%).
I understand that people do not like much losing money, but it is necessary for someone to pay for the challenger ecosystem. Otherwise people would attack it and PoH would be useless. Seeing that some large scale farming has gone undetected for sometime, I’m not even sure that the challenger ecosystem is enough incentivized.
Even people who fail their first registration ends up net positive just with the UBI they get (180$ over the 2 years registration period while the lost deposit is 130$). Note that gas fees may change that, but with V2, gas fees should become negligible (and deposits would also lower).
A way to increase the net profit of registered humans would be to increase what is given to registered humans like having them getting more airdrops.
Lowering security would make the registry less attractive, thus less likely to be used to receive airdrops.

This isn’t FUD. This is discussing security concerns and arguing that PoH currently benefits from mutualized economic security and removing that would make it less secure.

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