{
  "entry": {
    "seq": 180,
    "at": "2026-10-25T02:28:53.180Z",
    "type": "policy.sweep",
    "subject": "rightshold-production",
    "payload": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "yellow",
      "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": 154,
        "entries": 54
      },
      "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": "f73364c9675edacf8cfe950cd17501205c203339ff388e6f6b5499e1de7f68cc"
    },
    "payload_hash": "ef0322ba448484ce87c8ec59003e7073e0779efab68fd8acdf78c07c3b4ec5db",
    "leaf_hash": "78d9856bcb77d8a6dc11fb53d2003319e7bffc1eaaf29e6fb8aac92b67cb8643",
    "block_height": 154,
    "texts": {},
    "data": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "yellow",
      "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": 154,
        "entries": 54
      },
      "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": "f73364c9675edacf8cfe950cd17501205c203339ff388e6f6b5499e1de7f68cc"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 154,
    "prev_hash": "d61fc7728f7ba584f7b3121ff4f6cad4170746e2dad95b81177d3d2d0d5a4fb1",
    "merkle_root": "9334f1d1a58ffadbc9c9655678c2b7c941554c74f165223e5cc5b0d4df167bce",
    "first_seq": 179,
    "last_seq": 181,
    "entry_count": 3,
    "at": "2026-10-25T02:29:23.629Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "09d91e903d3b193185574b6dcbbd95f0b8167b7139002830b324d0d0a3233820",
    "signature": "RU2lwoSLjGGy10AW2Uy01NhAuIEts/d9bMZfNOHoV87QihhsT0HtW8EkHUy/yesvMYYWhiNZilF7Ty0cCNUVDA==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "78d9856bcb77d8a6dc11fb53d2003319e7bffc1eaaf29e6fb8aac92b67cb8643",
    "index": 1,
    "path": [
      {
        "side": "L",
        "hash": "06dc38eb792af404b5c24566912790e678d9e362d590b2ee559484656c3fe770"
      },
      {
        "side": "R",
        "hash": "75c8be6d07f2d955936e33e339eab120e4223922241d14665a2d38504793d2bc"
      }
    ],
    "merkle_root": "9334f1d1a58ffadbc9c9655678c2b7c941554c74f165223e5cc5b0d4df167bce",
    "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": 973006,
      "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."
  }
}