BandwidthSwap

A bandwidth market where the payment is the proof.

The Steward's book · Oct 2026

Lab status

The Steward's book

Drawn from the Mint's status feed · names only · amounts in cents to three places

LoadingReading the status feed…

The rule

The Network Steward is a rule, not a party. Five percent of every fee comes here, and it leaves only one way: as prepaid offers to buy bandwidth on links the network wants, paid out against settled receipts and refunded on shortfall. Nobody holds it, nobody votes on it, and no payer can get back more of it than it paid in.

What the operator sees

On bw-mint, after each hour's commitment:


    

The record a payer signs to post an offer (bwkit purchase post), from the plan:

{"kind": "purchase", "proto": 1,
 "id": "pur-7f3a", "program": "payer",
 "poster": "ed25519:…eY42wSx0",
 "route": {"from": "ed25519:…eY42wSx0",
           "to": "ed25519:…Z-tE7IoY", "not_via": []},
 "min_bytes": 50000000, "premium_per_gb": 0.02,
 "windows": 168, "deadline": 1792900800,
 "proving": null, "escrow": 1.00, "unit": "USD",
 "posted_at": 1792296000, "sig": "…"}

At a street's scale the same page reads differently: a hundred homes buying a gigabyte a day at ten cents pay $10 a day for carriage, the Steward's share is fifty cents a day, and a sole bridge carrying it all would see a $3.50 bounty for its competitor posted every week.

The rule is Sections 3.3, 5.1 and 7 of the paper; the cap and the three programs are one file of pure functions that the simulator and the Mint both run. Check a proof verifies the commitments the fees come from.