Position Clarity
Position Clarity Decoded · Lesson 05
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Lesson 05 · Act II · the invention

How strangers agree

Educational. Not financial or investment advice. Try to out-vote the honest machines.
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Position Clarity. Directional education only, not financial or investment advice, and not personalized to your circumstances. Position Clarity is not registered with any Canadian securities regulator. Speak to a licensed professional before acting on anything you learn here. Consensus framing is standard distributed-systems material: identity-faking is the Sybil problem (Douceur, 2002), proof of work follows the Bitcoin whitepaper (Nakamoto, 2008), and proof of stake follows the major networks' own public documentation. Numbers in the lab are illustrative, chosen to make the economics visible at a glance. Content last reviewed July 2026. More at the series home and the free interactive tools.