{
  "entry": {
    "seq": 186,
    "at": "2026-10-25T02:44:17.602Z",
    "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": 157,
        "entries": 57
      },
      "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": "5fd03415fe9f93a394d983ecf9406a71c702132a8aec8fe7f25c8e2c61ddf4f6"
    },
    "payload_hash": "21a583d2e83e4c0386b634486a33c675d12b8d3ee60194b20428d0d984339b71",
    "leaf_hash": "322a7f288c9e71d5d8bb6f09938e2931d175403a760c48c4a2ff2b350a07b14b",
    "block_height": 157,
    "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": 157,
        "entries": 57
      },
      "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": "5fd03415fe9f93a394d983ecf9406a71c702132a8aec8fe7f25c8e2c61ddf4f6"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 157,
    "prev_hash": "ca3cfed9b1e5dd06a98b00e07bb84be5abb558eba1bcd566c9d5a77baca25a32",
    "merkle_root": "38ac2a11830dcd57450d69ac23ca70ee3d32672085ffe9c4fc8db09a9ba0c841",
    "first_seq": 186,
    "last_seq": 187,
    "entry_count": 2,
    "at": "2026-10-25T02:45:02.533Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "fd680805e16ef02f6234d0930866ba3f0c74ac31ce948f5f0776fe8e0cb9232e",
    "signature": "XoPMRWkuc+KbztauBeklVQaHWFyw4z8Sq+P02LpEUr2CEEX9UAmHiyKraZA2JN0wlokuQZMLT48vv5+ia9EHCA==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "322a7f288c9e71d5d8bb6f09938e2931d175403a760c48c4a2ff2b350a07b14b",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "e983940bcf05d74817175622bcff84ba64504a5522c1742268bf21f21c0e575e"
      }
    ],
    "merkle_root": "38ac2a11830dcd57450d69ac23ca70ee3d32672085ffe9c4fc8db09a9ba0c841",
    "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": 973008,
      "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."
  }
}