{
  "entry": {
    "seq": 135,
    "at": "2026-10-25T00:35:47.530Z",
    "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": 132,
        "entries": 31
      },
      "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": "d9ee13f8ead441850d1cef19be6215cecfb9d4ad0e37c0c93a7daf0588b04d13"
    },
    "payload_hash": "4c212c2f8fc42930ec3a1300787e5cd53e5cb3753784ba4400aa29a3a19798b3",
    "leaf_hash": "c862fee44ed7eae1037ed0e1c4b2e25926dd7f84f4c4c59290a4613e07ac86b3",
    "block_height": 132,
    "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": 132,
        "entries": 31
      },
      "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": "d9ee13f8ead441850d1cef19be6215cecfb9d4ad0e37c0c93a7daf0588b04d13"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 132,
    "prev_hash": "d24c29256e47c69b6d0d51ea1f29c9db7c9d046836f6efa131fecf62396cffb7",
    "merkle_root": "b5d4574bbe6dd59ba05f216735a211163cd0553a58a0be5999baa6726a4a3830",
    "first_seq": 135,
    "last_seq": 136,
    "entry_count": 2,
    "at": "2026-10-25T00:36:17.615Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "ae33ad81bcca41dec5903c478f18b7b934049064417bf9e4f0011b2a26e96f59",
    "signature": "8zVFR8fxiIW/QeS5Rij/irWByG4bWz4KeRLiuIjnzH0zR9Dmt8fOhp9x1Dbj2BPGd7wfLDtUdp35jimHDDuuAg==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "c862fee44ed7eae1037ed0e1c4b2e25926dd7f84f4c4c59290a4613e07ac86b3",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "f0040f47ce661df9f382f917dc0e356f41440167cdd80d3bcd8d7e26018114cc"
      }
    ],
    "merkle_root": "b5d4574bbe6dd59ba05f216735a211163cd0553a58a0be5999baa6726a4a3830",
    "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": 972999,
      "confirmed_through": 170
    },
    "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."
  }
}