{
  "entry": {
    "seq": 198,
    "at": "2026-10-25T03:17:31.930Z",
    "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": 163,
        "entries": 63
      },
      "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": "789a38369541b48930d4520c05dbc28736a214bc1736771a6d591a5ceaee6209"
    },
    "payload_hash": "341394b48cf5f0f8c1d3e59b381a025ed3e227731696051b3a6cf251ff9a7a95",
    "leaf_hash": "5574b034fee00db6d844c4c8a99e1b5edf8c83e73e9d3fc733c9941b96cc4759",
    "block_height": 163,
    "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": 163,
        "entries": 63
      },
      "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": "789a38369541b48930d4520c05dbc28736a214bc1736771a6d591a5ceaee6209"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 163,
    "prev_hash": "74bc50bb848641d6193ab6681f0e9b90c3f972bcee0cb953929b45b58d4634fc",
    "merkle_root": "86d3ff58ad6d714ce7ddaa8d8fc1947d42640e94e7513790972c56e3128169c0",
    "first_seq": 198,
    "last_seq": 199,
    "entry_count": 2,
    "at": "2026-10-25T03:18:02.057Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "d7b2b560076bea4ef1919902166699ef68a4f90eb83d8cc22cf918589c11b8d4",
    "signature": "KX3f+b1bV1AzYrgAtlBmVJAQr6ZZ0ZO/7Gg0beaf5bc/0GxsfpCcXUcJ3kV8mieDPBE/n35WYCqJrj+JPG2eAg==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "5574b034fee00db6d844c4c8a99e1b5edf8c83e73e9d3fc733c9941b96cc4759",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "2f5150a0fd9b29527ec8996b6d1420797798c884d8b570868d749b1023f83981"
      }
    ],
    "merkle_root": "86d3ff58ad6d714ce7ddaa8d8fc1947d42640e94e7513790972c56e3128169c0",
    "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."
  }
}