Two claims this repository shipped, both disproved by measuring mainnet.
**A mining address is keyless, so its balance can only rise.** `retained`
was documented here as "the one measure privacy cannot hide", reasoning that
a payment debits the account whichever route it takes. It does not.
`mining-rewards` pays `derive_wormhole_address(preimage)`, which no Dilithium
keypair signs for, and `Wormhole::credit_and_record` credits an exit's
destination with `Unbalanced::increase_balance` while never debiting the
note's source. QUANPOOL's balance rose at all twelve samples between blocks
1,000 and 42,400 and fell at none, nonce 0 throughout — as every miner's must.
So `retained` read ~100% for everyone because it had to, and a number
identical for all reads as an accusation aimed at whoever mined most. The
column is gone, `balance` is `received`, and the table says plainly that a
pool paying out in full and one paying nothing produce the same row.
**Four empty lock maps are not "nothing is withheld".** Locks, Holds,
Freezes and Reserves are all empty — counted, not assumed — and the network
page concluded circulating equals total issuance. Wrong by a factor of 436:
this runtime vests from a *pot*, not with locks, and `modlqvesting` holds
5,669,940 QTC, 99.54% of every unit of balance on the chain. The page now
reports the pot and issuance-minus-pot, and still declines the word
"circulating" because the release schedule is not read here.
The pot address is derived from `Vesting::PalletId` in metadata rather than
a hard-coded `qvesting`: it is a consequence of a runtime constant, and a
runtime that changed it would leave the site reporting an empty pot while
looking perfectly healthy. Both steps are pinned against the real mainnet
metadata fixture.
Also recorded: never sum account balances and call it supply. They exceed
`TotalIssuance` by 13,427 QTC at block 42,400 and by exactly zero at genesis,
bisecting to block 4,800 and a `verify_public_batch` — private value is
counted twice by any such total. Single blocks reconcile exactly, so a spot
check says everything is fine.
Refs #17Closes#19
Co-Authored-By: Claude Opus 5 <noreply@anthropic.com>
rob thijssen
4d9d41888a
