{
  "release": "0.2.0",
  "mode": "recorded local simulation; no real funds",
  "time": "issuer-attested simulated UTC; days are advanced without waiting",
  "coin_id": "2034adb6df238f4580fab060b79170872fa7ed661317813165eb8e9eb379a6fa",
  "stages": [
    {
      "label": "Load: five existing demo units enter coin escrow",
      "height": -3,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 1,
        "epoch": 0,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "db0c9eb3eb9fc15d67c47215fa185df8a7ec6fcf42e548b09510e734030ce650",
          "status": "active",
          "last_activity": 1800748800,
          "last_event": 1800748800,
          "expires_at": 1808524800,
          "recall": null
        }
      }
    },
    {
      "label": "Handoff: Bob becomes the holder; Alice's credential is revoked",
      "height": -4,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 2,
        "epoch": 1,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "active",
          "last_activity": 1800835200,
          "last_event": 1800835200,
          "expires_at": 1808611200,
          "recall": null
        }
      }
    },
    {
      "label": "Verified loss: transfers freeze during the seven-day challenge",
      "height": -5,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 3,
        "epoch": 1,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "pending",
          "last_activity": 1800835200,
          "last_event": 1800921600,
          "expires_at": 1808611200,
          "recall": {
            "reason": "lost",
            "evidence": "1111111111111111111111111111111111111111111111111111111111111111",
            "basis": "holder_report",
            "disputed": false,
            "ready_at": 1801526400
          }
        }
      }
    },
    {
      "label": "Recall: registry custody; Bob's five-unit claim remains intact",
      "height": -6,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 4,
        "epoch": 2,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "registry_custody",
          "last_activity": 1800835200,
          "last_event": 1801526400,
          "expires_at": 1808611200,
          "recall": {
            "reason": "lost",
            "evidence": "1111111111111111111111111111111111111111111111111111111111111111",
            "basis": "holder_report",
            "disputed": false,
            "ready_at": 1801526400,
            "resolution": "2222222222222222222222222222222222222222222222222222222222222222"
          }
        }
      }
    },
    {
      "label": "Reissue: a replacement credential controls the same five units",
      "height": -7,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 5,
        "epoch": 3,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "active",
          "last_activity": 1801612800,
          "last_event": 1801612800,
          "expires_at": 1809388800,
          "recall": null
        }
      }
    },
    {
      "label": "Dormancy: 365 days without holder activity; 30-day notice begins",
      "height": -8,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 6,
        "epoch": 3,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "pending",
          "last_activity": 1801612800,
          "last_event": 1833148800,
          "expires_at": 1809388800,
          "recall": {
            "reason": "dormant",
            "notice": "4444444444444444444444444444444444444444444444444444444444444444",
            "disputed": false,
            "ready_at": 1835740800
          }
        }
      }
    },
    {
      "label": "Dormant recall: old credential revoked, original claim preserved",
      "height": -9,
      "coin": {
        "owner": "cf494b67f7153fae48fc5c866c2b7154d8089cc6c0b3aa159458a1429fce123a",
        "guardians": [],
        "balance": 500000000,
        "nonce": 7,
        "epoch": 4,
        "recovery_nonce": 0,
        "pending": null,
        "coin": {
          "holder": "41564a541301b8ce80c1cf82e55b804ade7056d6c94a5d47178c0a78cfd3271e",
          "status": "registry_custody",
          "last_activity": 1801612800,
          "last_event": 1835740800,
          "expires_at": 1809388800,
          "recall": {
            "reason": "dormant",
            "notice": "4444444444444444444444444444444444444444444444444444444444444444",
            "disputed": false,
            "ready_at": 1835740800,
            "resolution": "5555555555555555555555555555555555555555555555555555555555555555"
          }
        }
      }
    }
  ],
  "supply_conserved": true,
  "holder_claim_preserved": true,
  "coin_balance_atoms": 500000000,
  "keys": "ephemeral; discarded at exit"
}