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Kleros provides fast, secure, affordable arbitration for all issues. Kleros is a communication tool that connects users who need to resolve disputes with jurors who have problem-solving skills. Users serve as Kleros jurors, receive corresponding arbitration fees in each jury work, and obtain economic benefits. Pinakion protects the system from "sybil attacks" and also incentivizes jurors to vote honestly, allowing disorganized jurors to pay part of their deposit to jurors with clear rules.
Kleros is an open-source online dispute resolution platform that uses blockchain and people (crowdsourcing) to resolve disputes fairly. Establishing a fast, cheap, transparent, reliable and decentralized "dispute resolution mechanism" where final decisions can be made is an important problem that blockchain technology can overcome. The Pinakion (PNK) token provides jurors with an economic incentive to continue solving cases while not protecting the system from Sybil attacks.
Contract
A user creates a smart contract, choosing Kleros as its ruling protocol.
Disputes
Relevant information will be sent securely to Kleros.
Choice
The tribunal is chosen from among the crowd. Each juror presents their evidence for this choice and votes.
Implementation
Decisions are implemented by smart contracts. Crowdsourced jurors are mined from a global pool of jurors. Blockchain guarantees the integrity of evidence and the transparency of jury selection. Game theory incentivizes honest adjudication.
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