{
  "entry": {
    "seq": 47,
    "at": "2026-10-24T17:15:31.742Z",
    "type": "policy.sweep",
    "subject": "rightshold-production",
    "payload": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "green",
      "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": 45,
        "entries": 28
      },
      "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": "c333c57f466eb9aac7a2c0c1193d9669d948972095860ee6b907c0d4d557c247"
    },
    "payload_hash": "a5f18ba46a575de3bb90918bd3d07820fc44b80113b432cd939709ec48369081",
    "leaf_hash": "218831ef5057e7c0874015cf0ad4f6ec088aba2750d1a3e3bb05af22f236d09d",
    "block_height": 45,
    "texts": {},
    "data": {
      "break_even_lock_open": false,
      "cohort_stage": 1,
      "cost_guard_state": "green",
      "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": 45,
        "entries": 28
      },
      "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": "c333c57f466eb9aac7a2c0c1193d9669d948972095860ee6b907c0d4d557c247"
    }
  },
  "status": "sealed",
  "block": {
    "v": 1,
    "height": 45,
    "prev_hash": "cb3d3b2efab97a38f9a932969861803e4f00e5e03031e76590fa32eea78410fa",
    "merkle_root": "218831ef5057e7c0874015cf0ad4f6ec088aba2750d1a3e3bb05af22f236d09d",
    "first_seq": 47,
    "last_seq": 47,
    "entry_count": 1,
    "at": "2026-10-24T17:16:01.755Z",
    "key_id": "key_41eb7b6d1b11968a",
    "block_hash": "9cc476d2de0dc0b283ed8e100b31e9cf5357d7bcc6b456b9c5efe67eeefcddca",
    "signature": "f56IBRLb9cR5Wqzf0S6LrE/k6rgiqX/+pKKOhw78mWFnM9AhDiVy/nxsm9Hm0yd7e1shKJTI0N9QPhugonSTCA==",
    "public_key_pem": "-----BEGIN PUBLIC KEY-----\nMCowBQYDK2VwAyEAEYWJAvPDwdwiByA4ucuPBAV0jLWwXGgtbZqbyrLNMiM=\n-----END PUBLIC KEY-----\n"
  },
  "proof": {
    "leaf_hash": "218831ef5057e7c0874015cf0ad4f6ec088aba2750d1a3e3bb05af22f236d09d",
    "index": 0,
    "path": [],
    "merkle_root": "218831ef5057e7c0874015cf0ad4f6ec088aba2750d1a3e3bb05af22f236d09d",
    "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,
    "witnesses_confirmed_unaffiliated": 0,
    "witnesses_total": 0,
    "required": 2,
    "finalized_through": null,
    "bitcoin": {
      "anchored": true,
      "block_height": 972955,
      "confirmed_through": 1245
    },
    "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 confirmed-unaffiliated witnesses on distinct registrable domains with distinct keys have cosigned it or any later block; each header commits to every earlier block. Cosignatures from affiliated, unconfirmed, pending or challenged witnesses are public evidence but never count toward quorum."
  }
}