{
  "entry": {
    "seq": 216,
    "at": "2026-10-25T04:03:50.913Z",
    "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": 172,
        "entries": 72
      },
      "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": "52a52e6c65188b3b5765d77d4d1f032a0f4695be1847cd111b6bec09a434f31a"
    },
    "payload_hash": "298d5365e561a71c27b0b2da9ae936e44ec56f225a6696b90f5e20f7dcca4587",
    "leaf_hash": "66af27718ac07e142ed417ac8a720a766c072a1212b2bde2662346cd800a8014",
    "block_height": 172,
    "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": 172,
        "entries": 72
      },
      "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": "52a52e6c65188b3b5765d77d4d1f032a0f4695be1847cd111b6bec09a434f31a"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 172,
    "prev_hash": "dd368f805486942b89ef6c1f1d2af8c59bad3d5aa00ea966161bcc48142b8ae3",
    "merkle_root": "5afee8ab078508f29c57a3f5ac12c073c2a54c4b2b9e87a758f5612dadb7f0ca",
    "first_seq": 216,
    "last_seq": 217,
    "entry_count": 2,
    "at": "2026-10-25T04:04:21.319Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "c87c4d0a75e3b42c810957841882003da650c876ca1c6cdf888451365f2fd409",
    "signature": "RttPTXipkhEXm20HVn85jyxhPRKAFUTwoZ1EmzBHdKuIIOr38c41dFDAtiK9uP6uCloGr06hYtzLLw9AJ0mbAw==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "66af27718ac07e142ed417ac8a720a766c072a1212b2bde2662346cd800a8014",
    "index": 0,
    "path": [
      {
        "side": "R",
        "hash": "241979293e89d61ac1f22e5650a9bd2e705f21551b8bedd4cb4e46d32473fb02"
      }
    ],
    "merkle_root": "5afee8ab078508f29c57a3f5ac12c073c2a54c4b2b9e87a758f5612dadb7f0ca",
    "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": "sealed",
    "final": false,
    "witnesses": 0,
    "required": 2,
    "finalized_through": null,
    "bitcoin": {
      "anchored": false,
      "block_height": null,
      "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."
  }
}