adChain · interactive mechanism simulation

The first Token-Curated Registry (2018): publishers stake ADT to apply a domain → any ADT holder can stake to challenge it → a token-weighted commit-reveal (PLCR) vote decides → the losing side's deposit is slashed and split between the winner and the winning voters. Unchallenged domains are auto-admitted. Edit the parameters, or trigger the whale-capture failure mode that MetaX's own retrospective documented.
Publishers stake 1,000 ADT to apply Application queue 0 pending domains Challengers 40% of apps challenged PLCR vote commit → reveal, token-weighted turnout: 35% Registry (whitelist) 0 domains listed Slashed & rejected 0 ADT slashed 0 domains rejected
Applications submitted
0
Domains whitelisted
0
Challenges triggered
0
ADT slashed (total)
0
Avg. voter turnout
35%
Parameters — edit me
1,000 ADT
40%
35%
20%
0.6/s
Controls

Illustrative simulation. Defaults mirror the researched adChain mechanism (stake-to-apply, matched-deposit challenge, token-weighted PLCR commit-reveal vote, slashing to the winning side), but application timing and vote outcomes are randomized for visualization — not live onchain data. "Trigger whale capture" replays the documented failure mode: a concentrated holder overrides the vote regardless of domain quality, turnout collapses, and outcomes stop tracking merit. Part of The Onchain Experiment Atlas.