{
  "entry": {
    "seq": 165,
    "at": "2026-10-25T01:53:53.160Z",
    "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": 147,
        "entries": 46
      },
      "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": "f3fbb06624cd0e7fa54e0c42e8136b604c24cd7978054827520af64e86aa1b89"
    },
    "payload_hash": "aee7016438e8a9793589d6d650e1f0c4009e1b5cf16505aa605235d5803b69e8",
    "leaf_hash": "4710b4ea4b0d57d3272e3b9b737ef04d8ec469e78b23a27e35b163813e7300a1",
    "block_height": 147,
    "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": 147,
        "entries": 46
      },
      "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": "f3fbb06624cd0e7fa54e0c42e8136b604c24cd7978054827520af64e86aa1b89"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 147,
    "prev_hash": "931a32cb08a48f370358f0fe7e8e7bd176465b518ef29d27f7069486998159a4",
    "merkle_root": "5dd4ba1c54ee1df7f553ed5bf08fd9cba45f2d92f031b3ac4637c59f84e65536",
    "first_seq": 165,
    "last_seq": 166,
    "entry_count": 2,
    "at": "2026-10-25T01:54:23.485Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "a6276c0c80e44678e5a2f33a89ce6621cded463e3e6650e4142819a947109bba",
    "signature": "E6XziCA7I5vDUX4fy6G+wwQgvrNy19r/BDrgJVifvFrdGgQ/UhaGMWhwzZpH9VROkkDY5PU/6vTzHpoPl+mRAw==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "4710b4ea4b0d57d3272e3b9b737ef04d8ec469e78b23a27e35b163813e7300a1",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "0fa2c75f7ce04bca81c44220b76c09dded02b2d259fad6d3b691d5cd39b8f9cc"
      }
    ],
    "merkle_root": "5dd4ba1c54ee1df7f553ed5bf08fd9cba45f2d92f031b3ac4637c59f84e65536",
    "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": 973004,
      "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."
  }
}