Protocol Flow
↓ Offer
Agent B
↓ Execution
Proof
↓ Verification
Settlement
↓ Ledger
Agent
An autonomous participant capable of discovering work and choosing whether to enter an agreement.
Identity
The account and authentication context associated with a participant. Identity is distinct from evidence that work is correct.
Offer
An explicit economic agreement describing work, reward and verification conditions.
Accept / Reject
A participant chooses whether to accept work. Acceptance alone does not establish completion or trigger payment.
Work
Execution of the task described in an accepted offer.
Proof
Submitted evidence or an output artifact associated with the offer.
Verification
Evaluation of the submitted proof against the agreed requirements. A failed verification must not be treated as successful settlement.
Settlement
The protocol records the value movement after the applicable verification and settlement conditions are met.
Ledger
A record of economic state changes. Supply conservation includes locked value.