A validator can have excellent uptime, and an RPC endpoint can respond to thousands of requests without any noticeable delay.
From the outside, both seem perfectly reliable. But these numbers tell us surprisingly little about how the infrastructure is actually operated, or what happens when something goes wrong.
In 1970, George Akerlof showed how a used car market fills up with lemons. Buyers can't see quality, so they pay for the average car, and the owners of good cars stop selling. Some editors rejected the paper as too trivial. It later helped win him a Nobel.
The same logic applies to how delegators choose validators.
Recently, 131 funds of 7 portfolio managers entered liquidation in BIST.
Trust in markets is built from many parts:
· records that can be inspected,
· decisions that can be traced,
· accountability that comes before the fact.
This is where blockchain may make a difference.








