{
  "entry": {
    "seq": 110,
    "at": "2026-10-24T22:28:49.107Z",
    "type": "policy.sweep",
    "subject": "rightshold-production",
    "payload": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "green",
      "cumulative": {
        "contribution_micro": -474300,
        "distributable_surplus_micro": 0,
        "founders_accrual_micro": 0,
        "gross_earned_micro": 6000,
        "ncr_micro": 6000,
        "pool_in_micro": 0
      },
      "current_month": "2026-10",
      "founders_accrual_micro": 0,
      "ledger_head": {
        "blocks": 107,
        "entries": 30
      },
      "months_counted": 1,
      "policy_version": "2026-10-23-v2",
      "pool_balance_micro": 0,
      "referral_fund": {
        "allocated_micro": 0,
        "balance_micro": 0,
        "liability_outstanding_micro": 0,
        "paid_micro": 0
      },
      "reserves": {
        "at_target": false,
        "operating_balance_micro": 0,
        "operating_target_micro": 2881800,
        "risk_balance_micro": 0,
        "risk_target_micro": 120
      },
      "stage": 0,
      "stage_name": "Free Proof",
      "sweep_key": "fb1cb620c719b141d4cffba2600b67016eca93754af95b85ea4243ffbb7270f7"
    },
    "payload_hash": "539a5512e909add791c106f7580e38bb17908fe9aacdf8e62a0023cf60f3484f",
    "leaf_hash": "1da0b5f4241b55e0c1a0c2fd6ac768b5263ddefb9b69db4154b74fc4d52947ca",
    "block_height": 107,
    "texts": {},
    "data": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "green",
      "cumulative": {
        "contribution_micro": -474300,
        "distributable_surplus_micro": 0,
        "founders_accrual_micro": 0,
        "gross_earned_micro": 6000,
        "ncr_micro": 6000,
        "pool_in_micro": 0
      },
      "current_month": "2026-10",
      "founders_accrual_micro": 0,
      "ledger_head": {
        "blocks": 107,
        "entries": 30
      },
      "months_counted": 1,
      "policy_version": "2026-10-23-v2",
      "pool_balance_micro": 0,
      "referral_fund": {
        "allocated_micro": 0,
        "balance_micro": 0,
        "liability_outstanding_micro": 0,
        "paid_micro": 0
      },
      "reserves": {
        "at_target": false,
        "operating_balance_micro": 0,
        "operating_target_micro": 2881800,
        "risk_balance_micro": 0,
        "risk_target_micro": 120
      },
      "stage": 0,
      "stage_name": "Free Proof",
      "sweep_key": "fb1cb620c719b141d4cffba2600b67016eca93754af95b85ea4243ffbb7270f7"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 107,
    "prev_hash": "3420309e4eb90ad53f19edf10018b87bba1f77b9af6bcdffa9009bb2dfbb3fc0",
    "merkle_root": "1da0b5f4241b55e0c1a0c2fd6ac768b5263ddefb9b69db4154b74fc4d52947ca",
    "first_seq": 110,
    "last_seq": 110,
    "entry_count": 1,
    "at": "2026-10-24T22:29:19.206Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "9ff0995084a2bb881fa5bb6c9feec2b68c9410e8f3f55ba628728529cba5db39",
    "signature": "pK7V1M/hotkbvFanKyQylNMJPK9Dq+FQBd+csBKqyn6RrQGzv6z9M9+BaPb4g1NB2aX6CCMj10R36l5zmxwOAA==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "1da0b5f4241b55e0c1a0c2fd6ac768b5263ddefb9b69db4154b74fc4d52947ca",
    "index": 0,
    "path": [],
    "merkle_root": "1da0b5f4241b55e0c1a0c2fd6ac768b5263ddefb9b69db4154b74fc4d52947ca",
    "how_to_verify": "payload_hash = sha256(canonical(payload)); leaf = sha256('leaf:' + canonical({seq, at, type, subject, payload_hash})); fold the path (R: sha256('node:' + acc + hash), L: sha256('node:' + hash + acc)) to merkle_root; verify the Ed25519 signature over canonical(block header)."
  },
  "finality": {
    "state": "bitcoin-anchored",
    "final": false,
    "witnesses": 0,
    "required": 2,
    "finalized_through": null,
    "bitcoin": {
      "anchored": true,
      "block_height": 972988,
      "confirmed_through": 263
    },
    "states": [
      "recorded",
      "sealed",
      "bitcoin-anchored",
      "witness-quorum",
      "final"
    ],
    "rule": "States climb recorded -> sealed -> bitcoin-anchored -> witness-quorum -> final. A block is final only once its hash is confirmed in Bitcoin AND 2 witnesses on distinct registrable domains with distinct keys have cosigned it or any later block; each header commits to every earlier block."
  }
}