Frequently Asked Questions

General

Can you really trust a decision made by a bunch of anonymous people on the Internet?

Satoshi Nakamoto taught us that a number of anonymous computers who do not trust each can still reach consensus, provided incentives are correctly structured. Kleros extends this principle to human decision making. A number of anonymous jurors who do not trust each other can reach consensus on a right decision, provided incentives are correctly structured. To learn more about the incentive system, read our white paper.

How many pinakion will exist?

The supply of pinakion is fixed at one billion units.

Does a party who wants to have a case adjudicated need to have pinakion?

No, only jurors will need pinakion in order to be drawn. Parties don’t even need to know what a pinakion is.

Is the identity of jurors revealed?

Since decisions made in Kleros affect the allocation of resources, there is an incentive for parties to try to bribe or intimidate the tribunal. Anonimity is intended to protect jurors from intimidation and retaliation. It also simplifies the process of users becoming jurors and avoids the costs of identity verification. By providing a secure environment and simplifying the selection process, Kleros greatly enlarges the pool of potential jurors. This results in lower arbitration costs and the democratization of access to justice.

What is Kleros token allocation?

Team Members: 18% First Round of Token Sale: 16% Airdrop: 4% Subsequent Rounds and Juror Incentive Program: 50% Kleros Cooperative Development Reserve: 12%

Could Kleros become a platform used by mainstream online retailers such as eBay or Amazon?

Yes, by adopting Kleros, any mainstream e-commerce platform could enjoy a fast, affordable and transparent dispute resolution method. If you want to learn more, contact us.