If the validator causes the blockchain to fork while its coins are locked in bond, all of its coins are destroyed. This means that as long as you sync your bloc

If the validator causes the blockchain to fork while its coins are locked in bond, all of its coins are destroyed. This means that as long as you sync your blockchain with the network periodically you never have to trust a central checkpoint. This sounds very bogus. I'd like to see some algorithm details. Most likely it's just an excuse for another pyramid scheme.