x

the hiatus interval

time the contract cannot account for, priced.

THE SECTIONdeepest gap, all time
BELOW THE FLOOR — NOT OBSERVED04,0968,19212,28816,38420,48024,57628,67232,768FLOOR · 4,096RUNG 1 · 8,192RUNG 2 · 16,384RUNG 3 · 32,768BLOCKSSECTION AS CONSTITUTED AT DEPLOY · NO SEALS RECORDED
plate a · THE SECTION

fig. strata are calls. the blank band is the interval no call crossed.

drawn to scale against chain height. redrawn on every seal.

what the section shows
  1. 1a call lands and the block number is written into the contract
  2. 2the distance to the previous call is the gap
  3. 3a gap under the floor is refused and the section does not move
  4. 4a gap over the record opens a new band and closes the old one
  5. 5the contract spends balance × (g − R) / g buying the token
  6. 6what it bought goes to the dead address and the band is sealed
2⁻02⁻42⁻82⁻122⁻160481216RETAINEDDEPTH D
plate b · RETAINED AGAINST DEPTH

every halving of the reserve costs a doubling of the silence.

THE FIELDstanding · live
14,09601/28,19211/416,38421/832,76832⁻465,53642⁻5131,07252⁻6262,14462⁻7524,28872⁻81.0M82⁻92.1M92⁻104.2M102⁻118.4M112⁻1216.8M122⁻1333.6M132⁻1467.1M142⁻15134.2M152⁻16268.4M16DEPTH
DEPTH · EVERY STEP HALVES THE RESERVE AND DOUBLES THE SILENCE
032,76865,53698,304131,072163,840196,608229,376262,144STANDINGDEPLOY BLOCKNOW
NO SEALS RECORDED
STANDINGblocks
RECORDblocks
NEXT BREAKblocks
NEXT RUNGblocks
burn = balance × (g − R) / g    retained = F / R    D = log₂(R / F)
F = 4096 · α = 1 · blocks only, seconds measured client-side
THE MACHINEwhat the contract holds
what the interval is

abstract: a contract holds the creator fee of one token and spends nothing until it is called after a longer silence than it has ever been left in before; the silence between two calls is measured in blocks and called the gap, gaps under a fixed floor of 4,096 blocks are refused outright, a gap longer than the standing record opens a new band in the section and closes the old one, and at that moment the contract spends balance × (g − R) / g of everything it holds buying the token and sends the purchase to the dead address, so that each doubling of the record destroys half of whatever accrued while nobody was watching, and what is retained falls as 2⁻ᴰ against depth (plate b).

note: every value on this page is an em dash until the chain produces it. nothing is backfilled, estimated or demonstrated. the plates draw their apparatus from the fixed constants and wait for the rest (plate a, plate c).

keywords: gap · floor · record · standing · rung · depth · retained · burn · seal

the object.

fees arrive when they arrive. the contract holds them and does nothing with them. it has no schedule, no vesting, no owner discretion. the only condition under which it acts is a call that follows a longer silence than any silence before it, and that condition is checked against a single stored number.

the floor.

below 4,096 blocks the contract refuses to look at all. the floor is fixed at deploy and cannot move. it exists so ordinary traffic never touches the mechanism and so the first band has a defined upper edge; the ladder of rungs is laid out from it as f · 2ⁿ (plate d).

the seal.

when a gap exceeds the record, the contract spends balance × (g − R) / g of its reserve buying the token on the open market and burns what it bought. break the record by a doubling and half the reserve is destroyed. the fraction is fixed; the amount is not, and depends only on what accrued during the silence (plate c).

indifference.

nothing here rewards attention. the machine pays for having been ignored, and every payment makes the next one twice as hard to earn. it does not know it is being read.

key readings
RECORD, BLOCKS
STANDING, BLOCKS
DEPTH
RETAINED
RUNGS SEALED
RESERVE
BURNED, ALL TIME
LAST CALL, BLOCK
FEES UNCLAIMED AT PONS
NEXT BREAK
NEXT RUNG
0.000.250.500.751.00RESERVEDEPLOYBLOCKNO SEALS RECORDED
plate c · WHAT THE MACHINE HELD

the fraction is fixed at a half. the amount is not.

1e41e51e61e71e8012345678910111213141516BLOCKS OF SILENCE, LOG
plate d · THE LADDER, AND WHERE IT ENDS
the three checks
CHECKON CHAINSITE
record equals max gap in the log
retained equals floor over record
burned equals sum of seal events
gaps, all
#BLOCKGAPBROKEBURNED
absence

absence: no gap is backfilled. no interval is reconstructed. nothing before the deploy block exists. the contract stores no arrival times, so this site cannot say when any particular fee was destroyed — only that it was, at a seal. it does not estimate in place of the record, and where the chain has produced nothing the value stays an em dash.