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Economic Provers

Definition

Economic provers are participants in a decentralized network who provide assurances about the validity of computations or data by staking economic value. They commit capital that can be penalized or forfeited if their attestations are found to be incorrect or malicious. This mechanism aligns their financial incentives with the accurate and honest execution of protocol rules. The system relies on cryptoeconomic security, where the cost of dishonesty exceeds the potential gain from fraudulent activity. Their function is crucial for maintaining integrity in various decentralized applications.