Protocol Reference

Verification Record Example

An audit-ready verification record showing cryptographic proof of irreversible finality with 14-of-20 SCN validator consensus. Every settlement on the JIL Sovereign network produces an immutable, signed record proving that a transaction has been irreversibly committed to the ledger.

14/20 SCN Validator Consensus
<2s Finality Latency
v95 2026.02.21-295
Live Receipt

Settlement Verification Record - SET-2026-02-21-000183

JIL Sovereign - Verification Record
v95 / 2026.02.21-295
settlement_id: SET-2026-02-21-000183
block_height: 1,847,293
block_hash: 0x7f3a...b2c1
timestamp: 2026-02-21T18:44:12Z

lane_type: fiat-to-crypto
asset_pair: USD/JIL
amount: $125,000.00
fee_bps: 4.5
fee_amount: $56.25

finality_latency: 2.0 seconds
consensus: 14-of-20 BFT attestations
compliance_zone: US_FINCEN
receipt_hash: 0xA1B2...F9C0
compliance_proof_ref: ZKPR-0x91D3...77AA
finality_status: FINAL

[1] CH/FINMA sig:0xa3f1...2d4c [SIGNED]
[2] US/FinCEN sig:0x8b2e...7a91 [SIGNED]
[3] DE/BaFin sig:0x41dc...e3b7 [SIGNED]
[4] EU/ESMA sig:0xf7a9...14c8 [SIGNED]
[5] SG/MAS sig:0x2e6d...bb53 [SIGNED]
[6] GB/FCA sig:0xc04f...d912 [SIGNED]
[7] JP/JFSA sig:0x5918...a2e6 [SIGNED]
[8] AE/FSRA sig:0xd783...5bf0 [SIGNED]
[9] BR/CVM sig:0x6b4a...c1d9 [SIGNED]
[10] KR/FSC sig:0x9e21...78f4 [SIGNED]
[11] HK/SFC sig:0x3ca8...e5b2 [SIGNED]
[12] IN/SEBI sig:0xba67...4d03 [SIGNED]
[13] CA/OSFI sig:0x1f95...a8c7 [SIGNED]
[14] GLOBAL/FATF sig:0xe2d4...91be [SIGNED]
[15] AU/ASIC --- [NOT REQUIRED]
[16] ZA/FSCA --- [NOT REQUIRED]
[17] MX/CNBV --- [NOT REQUIRED]
[18] IL/ISA --- [NOT REQUIRED]
[19] TH/SEC --- [NOT REQUIRED]
[20] NZ/FMA --- [NOT REQUIRED]
Verified Record

Note: This is a redacted example record for demonstration purposes. All hashes, signatures, and identifiers shown are truncated or synthetic. In production, each field contains full-length cryptographic values that can be independently verified against the JIL L1 ledger.

Verification records are generated automatically upon settlement confirmation and are available via the Explorer API, the Proof Verification page, and the institutional settlement dashboard.

Understanding the Record

Every settlement on the JIL Sovereign network produces a verification record - an immutable, cryptographically signed record proving irreversible commitment.

  • Settlement ID - Unique identifier for this settlement operation, encoding the date and sequence number.
  • Block hash and height - The L1 block in which this settlement was finalized. The hash can be independently verified via the block explorer.
  • Finality latency - Wall-clock time from submission to irreversible confirmation. JIL targets sub-2-second finality for all settlement types.
  • Consensus threshold - 14 of 20 SCN validators (70% BFT) must sign for settlement finality. This threshold prevents any minority from reversing transactions.
  • Compliance zone - The regulatory jurisdiction governing this settlement. Each zone enforces jurisdiction-specific KYC, AML, and transaction policies.
  • Compliance proof reference - A zero-knowledge proof hash demonstrating regulatory compliance without revealing underlying client data.
  • SCN Validator signatures - Each signing SCN validator contributes an Ed25519 signature. The receipt lists all 20 SCN validators, marking which signed and which were not required for this round.

Immutable

Once a verification record is produced, it cannot be altered or revoked. The record hash is committed to the L1 ledger and is independently verifiable by any party.

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Cryptographic

Every field is covered by the receipt hash. Tampering with any value invalidates the hash, making forgery computationally impossible.

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Audit-Ready

Records are designed for regulatory export. Download as JSON, verify in the explorer, or present to auditors as cryptographic proof of settlement finality.

Settlement Infrastructure

Every Transaction. Verified. Final. Provable.

JIL Sovereign produces cryptographic verification records on every settlement - immutable proof that funds moved, compliance was met, and 14 of 20 SCN validators attested.