This paper derives, from first principles, the architecture of the distributed public ledger that forms the operational core of the Natural Economic Wealth (NEW) framework. The ledger is not a financial instrument, a blockchain token system, or an accounting convention. It is the informational substrate through which the direct attribution of algorithmic execution to its directing intelligence is operationally realised. The physical justication for the ledger's immutability is the Second Law: algorithmic executions are thermodynamically irreversible, and their record must be equally so. The ledger closes the cybernetic loop between measurement and agent, records wealth creation and consumtion events, enables a wealth profiling system, and constitutes the civilisational memory of all productive algorithmic execution within the framework. Community-governed federated architecture prevents centralisation and institutional capture. The Qoin unit is introduced and dened as the physical unit of account for ledger records. The marketplace description record the mechanism by which Qoin production gures are attached to ordered states entering the marketplace is introduced as a ledger-adjacent informational structure that enables the consumer selection pressure
Steve Kelsey (Fri,) studied this question.
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