Smart Contracts

Current implementation, supported use and explicit qualification limits.

Planned Feature

This feature is planned for future development. Documentation is preliminary.

Current release status

Public document hashing and exact integer aggregation are live with signed results. Native consensus, mining, issuance, COMPUTE payments and rewards are inactive. Independent operation is not yet demonstrated.

Current status

No general smart-contract or programmable financial-contract service is active. Native customer-funded work-order and receipt-bound settlement logic is an isolated implementation, not an authorisation to spend production funds.

Consent and economics

Any future payment requires a consenting payer, explicit recipients, customer-authorized quotes and separately signed debit authorization under ratified rules. Existing balances and the 21-million cap cannot be overridden by a receipt or administrator.

Historical accounting and the original schedule

Historical facts are preserved separately from future incentive policy. A public Compute Receipt is not an issuance authorization.

BoundaryImplementation / evidenceMeaning
Historical records8 blocks / height 7Original genesis and transfers preserved
Historical test issuance350 COMPUTESeven 50-COMPUTE issuance events; no new issuance here
Reconciled migrated balance342 COMPUTEHistorical transfers of 5, 2 and 1 remain accounted for
Declared schedule21-million cap; 50 initial subsidy / 210,000 halving intervalFuture issuance eligibility/cadence needs explicit ratification

Practical procedure

  1. 1Separate issuance ordinals from a future zero-issuance ordering record.
  2. 2Check authorized customer funding and exact quoted recipients/fees.
  3. 3Reject duplicate obligations, replay and unauthorized debits.
  4. 4Independently reconcile balances and supply; production payments remain disabled.
Technical reference · scope is explicit
Original subsidy research (not an activation instruction):
issuance ordinal 0 … 209,999:    50 COMPUTE
issuance ordinal 210,000 … 419,999: 25 COMPUTE
Subsequent halvings remain subject to the declared cap.

Current mining / issuance / rewards / payments: INACTIVE.

Limits and failure cases

  • Initial zero-issuance qualification does not permanently abolish the original schedule.
  • No customer payment, stake transfer or return is offered by the qualification installer.
  • No automated retry/refund or rollback of real balances is authorized by a reorganisation example.