{
  "entry": {
    "seq": 115,
    "at": "2026-10-24T22:58:07.761Z",
    "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": 112,
        "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": "b8ddbf3cbcebc0d52bac6583ca31c8750acbe716bb58ea522ade4bc46cd6eb2a"
    },
    "payload_hash": "5be7a5a2b3bccb2314b8a55f5400771fcce7dbb575269564c3e8aa0ffb97f754",
    "leaf_hash": "97d3e380e65a3c14cd8b070ec30638bdfc636bae2103274e4d19e4a1c2ab2423",
    "block_height": 112,
    "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": 112,
        "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": "b8ddbf3cbcebc0d52bac6583ca31c8750acbe716bb58ea522ade4bc46cd6eb2a"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 112,
    "prev_hash": "f36a23b77b08f7aa1ae9326999ed9783d364f8545467e00ef17f98aa737a4da9",
    "merkle_root": "97d3e380e65a3c14cd8b070ec30638bdfc636bae2103274e4d19e4a1c2ab2423",
    "first_seq": 115,
    "last_seq": 115,
    "entry_count": 1,
    "at": "2026-10-24T22:58:37.803Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "b40a4372d5b099f9c9db7685cc90156b0b9c49ddb6f0ce4edf13696a7545e974",
    "signature": "j15SM57jivhjqnxgZ8Y156SLHdhUeRp4sw4XC7gEf1F6xpywRm7Qm9hlzGp0R23RMUtD19uKFiBYy7gMCKMsCw==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "97d3e380e65a3c14cd8b070ec30638bdfc636bae2103274e4d19e4a1c2ab2423",
    "index": 0,
    "path": [],
    "merkle_root": "97d3e380e65a3c14cd8b070ec30638bdfc636bae2103274e4d19e4a1c2ab2423",
    "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": 231
    },
    "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."
  }
}