The Community Token Ledger is a local, private, permissioned blockchain infrastructure designed to quantify labor contributions within the Keystone Project. It acts as an immutable "Task Ledger," formalizing the social contract by translating human labor into verifiable digital assets. This system ensures transparency, trust, and resilience without reliance on public financial markets.
To ensure autonomy and self-sufficiency, the system is designed as a "Local-First" architecture:
- Local Node (Single Source of Truth): The blockchain node is hosted on the primary homestead server within the Mechanical Shed. It utilizes a Proof-of-Authority (PoA) consensus mechanism, which is low-energy and relies on pre-approved validator nodes (Community Governance).
- Remote Snapshots: To prevent data loss in the event of site failure, the system performs a scheduled, encrypted export of the blockchain state. This "snapshot" is pushed to an off-site, immutable cloud bucket via n8n automation.
- Resilience: The ledger remains fully functional on the local network (LAN/Wi-Fi) even during external internet outages, ensuring the "Social Contract" persists regardless of connectivity.
¶ 3. Token Economics (The "Meridian Time-Standard")
Tokens are an internal accounting unit, not a speculative asset. Their value is directly anchored to the "Time-for-Self-Sufficiency" social contract, measured using the Meridian Time System (where 1 solar day = 30.00 Merids).
- Baseline Valuation: 1 Token = 0.50 Merids (approximately 24 standard minutes of labor).
- The Quota: The daily community commitment is exactly 5.00 Merids (equivalent to exactly 1/6th of the solar day, or roughly 4 hours). This earns 10 Tokens, fulfilling the baseline "rent" for housing, food, and water.
- Bounty-Based Bonuses: Labor performed beyond the 5.00 Merid quota is incentivized via a tiered bounty board, tracked to the nearest Millimeridian (mMerid):
- Tier 1 (Routine): 1 Token / 0.50 Merids (e.g., standard site maintenance).
- Tier 2 (Skilled): 1.5x - 2x multiplier (e.g., system troubleshooting, technical repairs).
- Tier 3 (Emergency): Dynamic bounty set by community vote (e.g., system critical repairs).
The ledger directly manages the "Van-for-Work" vesting schedule:
- Staking: Earned tokens are "staked" against the 3-year Van-for-Work commitment.
- Vesting Accelerator: Residents may utilize earned "Bonus Tokens" to reduce their 3-year commitment duration (e.g., trading X number of bonus tokens for Y days of early vesting).
- Auditability: Every transaction (labor verification) is permanently recorded, providing a clear audit trail for asset transfer eligibility at the end of the term.
Management is automated to minimize administrative overhead:
- Submission: A resident marks a task as "Complete" in the homestead dashboard.
- Verification: An automated n8n trigger sends a verification request to the designated project lead.
- Validation: Upon lead sign-off, the smart contract automatically executes, logging the transaction to the local node and updating the resident’s token balance.
- Reporting: Real-time dashboards provide residents with visibility into their contributions and current token status.
- Multi-Sig Authorization: Critical ledger updates or snapshot restores require multi-signature authorization from the Community Council.
- Cold Storage: The master validator keys are stored on physical, offline security devices (e.g., hardware wallets) held in a secure, fireproof location.
- Transparency: All residents have read-only access to the ledger to verify their own contributions and the total community labor output.