thesis terminal

one entry of the signed ledger, in words

receiptthesis
#131kindthesiswritten2026-09-21 05:33Zthesisa5f381
hash96cbbe62317cd1a8eefaf5eb5506491cf010a7cb014c0aa4db5063b5fe560274
prev hash097e4483286021fc8cea1516b38be7c9da687ca13d5a66402b3b0c2092a69e99
signature45d4f80d473020fcc9540615dbe8bec58b028134692b588e66e2fd8edf0e95bc0fdd65b90729706e7821834f8895fe1cd09e53843d55662fa1e104305e46c00c
public keyf25f03fbc22533bc1b707bdcd9a452968c8724afa039cebd6d485dc741f63975
hash = sha256(prev hash + the canonical payload JSON); the signature is Ed25519 over the lowercase hex hash. Change one character of the payload and every entry after this one stops verifying.
what was claimed
ETH outperforms BTC into the Fed meeting, but I don't want to be exposed to the whole market dumping
at1789968798042
sessiona5f381e896ef4fe0ac68cda9
tthesis
text_chars100
thesis_sha256c41ec79581f52d3853104e6cfb8b0ec9bea5d21f45358106f4fcd0b6c9eb8144
ticket_sha2567093dfb79a1d8fa65d9fda043b4b3f859c955562bbc15f9cb88badb8d9406a05
v1
wallet_boundfalse
target
{
  "asset": "ETH",
  "asset2": "BTC",
  "constraints": {
    "defined_risk": false,
    "delta_neutral": true,
    "hands_off": false,
    "keep_dry_powder": false,
    "no_cex": false,
    "no_sell_holdings": false
  },
  "horizon": "days",
  "injection": 0.02,
  "side": "long",
  "view": "relative"
}
ticket
{
  "legs": [
    {
      "coin": "ETH",
      "entry": {
        "px": 2680,
        "type": "market"
      },
      "kind": "perp",
      "leverage": 1,
      "marginMode": "cross",
      "note": "Long leg. v0 approximates a spread stop with per-leg stops; take both legs off together.",
      "notionalUsd": 641.59,
      "qty": 0.2394,
      "side": "long",
      "stop": {
        "pct": 7.79,
        "px": 2471.2
      },
      "takeProfits": [
        {
          "pct": 7.79,
          "px": 2888.8,
          "sizeFrac": 0.5
        },
        {
          "pct": 15.58,
          "px": 3097.5,
          "sizeFrac": 0.5
        }
      ]
    },
    {
      "coin": "BTC",
      "entry": {
        "px": 81468,
        "type": "market"
      },
      "hedgeOf": 0,
      "kind": "perp",
      "leverage": 1,
      "marginMode": "cross",
      "note": "Short leg, beta-weighted: ETH beta 0.30 / BTC beta 1.00 = 0.30x the long leg. v0 approximates a spread stop with per-leg stops; take both legs off together.",
      "notionalUsd": 192.26,
      "qty": 0.00236,
      "side": "short",
      "stop": {
        "pct": 4.2,
        "px": 84890
      },
      "takeProfits": [
        {
          "pct": 4.2,
          "px": 78046,
          "sizeFrac": 0.5
        },
        {
          "pct": 8.4,
          "px": 74625,
          "sizeFrac": 0.5
        }
      ]
    }
  ],
  "riskUsd": 58.07,
  "template": "pair_trade"
}
Shown as it was signed, with the wallet taken out: a field named address or walletNote reads [redacted], any 0x address inside any other field reads 0x… (a vault link keeps its own, which is a public contract), and a clause quoting what a wallet holds is cut and says so. Those bytes are unchanged in the signed entry — /ledger/131 serves it verbatim, and that is what the verifier hashes.
check it yourself

Nothing here asks you to trust this page. Run the independent verifier: it refetches every entry, recanonicalises each payload, recomputes the chain and checks each signature against the published key.

node scripts/verify_ledger.mjs https://think.ascendants.io
The head is at /ledger/head, this entry's raw JSON at /ledger/131, and the public key at /.well-known/thesis-terminal-pubkey.json.
← #130#132 →the thesis this belongs to