{
  "entry": {
    "seq": 196,
    "at": "2026-10-25T03:09:17.612Z",
    "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": 162,
        "entries": 62
      },
      "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": "46e17bdf6da71ab78ef5ba5afd42e3b5b7f1e9b0d9a7b8ee76507771da3eb474"
    },
    "payload_hash": "c39826ecd8d0e879adb2fd5efc0e10fda8b656a0f4a2f672540202ffa8d90189",
    "leaf_hash": "7cb46c2cb07a5dbd4346bbb8ec56381f700004c290da5fb7ee0adc57eea3e994",
    "block_height": 162,
    "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": 162,
        "entries": 62
      },
      "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": "46e17bdf6da71ab78ef5ba5afd42e3b5b7f1e9b0d9a7b8ee76507771da3eb474"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 162,
    "prev_hash": "d021d0ab6aee0985881e10b41cad9d9ba456ffecb8c8ed0b72e2a483fa54119d",
    "merkle_root": "39680a548af92ba1eff995e90c253b708cd22f2e890541f11fd217df96ee5b7c",
    "first_seq": 196,
    "last_seq": 197,
    "entry_count": 2,
    "at": "2026-10-25T03:09:47.676Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "74bc50bb848641d6193ab6681f0e9b90c3f972bcee0cb953929b45b58d4634fc",
    "signature": "X+HWOl/5nRyX/kaB+MnLv+xNwhVA3XtTFYcKgySvHJ9tYan9WHu/RK//lnoJ5XOZQee++aNpBNn0TXLHswCoCQ==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "7cb46c2cb07a5dbd4346bbb8ec56381f700004c290da5fb7ee0adc57eea3e994",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "3a45ebe875a3dd0e3efa3c9ddc4782a5846bcc87c14260b06d09053669c63ad4"
      }
    ],
    "merkle_root": "39680a548af92ba1eff995e90c253b708cd22f2e890541f11fd217df96ee5b7c",
    "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": 973010,
      "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."
  }
}