Kleros: Mechanism against Bribes

When a party buy half of the tokens, then they can control the results in the General Court. Also, they could ultimately decide the results. If some party buy more than half of the tokens, then it is highly unlikely if these are fairly distributed. Half of the tokens should be available for sale, but it is not guaranteed. At the current market price, one party can afford all of the tokens. While it does not mean it would be able half of them. Tokens have increasing marginal costs. It is contrary to most physical assets. Market depth makes the price higher, and it increasingly more costly to acquire tokens.

How is bribe restricted on the Kleros Platform?

Appeals are used as a mechanism against bribe. Bribing a small jury is comparatively easy. But the victim always has the right to appeal against misdoings. So, attackers need to be prepared to keep bribing larger and larger juries. It is all the way to General Court, and it would very likely lose in the end because these types of attackers do not work honestly in the majority model. Bribing attacks under certain conditions and the system can withstand. The attacker would have more than 50% of the PNK in total.

If a bribe becomes successful in the General Court, then it decreases the value of general tokens. That's why the attacker should be able to provide more value than 50% of the expected loss from the price drop. A party appeals to all the decisions to the General Court. It would be extremely unlikely. In this way, the possibility needs an incentive to be balanced. The Pinakion (PNK) tokens protect the system form attacks. It also provides juror the incentive to resolve cases coherently. Disputes that are raised in areas they cannot be solved in a traditional court. Kleros integrate the other platform more securely. You can use it in your blockchain at no cost if the attack is unsuccessful that only promising to pay the bribe. These types of attacks require a high budget. If it is successful, then it has zero cost.

Are you building a marketplace, content sharing platform, or any other platform which needs dispute resolution? You can send your disputes to Kleros, and our protocol returns it resolved. It is fast and cheap, and it comes at zero cost. It is fully decentralized all of your disputes. It is resolved in kleros courts. Kleros is totally simple to integrate, and it removes the burden of dispute resolution from your shoulders. It is online and solves disputes around the clock throughout the year. We can use Kleros and support it as an open-source system. Experiments are conducted on the Kleros. For the results of these experiments and comments, kleros appeals to the system that makes such attacks less viable. Throughout the integration process, the Kleros team will give you full support and guidance. It is an open justice as a service in your platform. PNK holders stake their tokens in the kleros court. It indicates their availability to serve as a juror.