ProtoLedger Money Standard

Evaluating money and the systems that issue it

v4.0 · June 2026 · Apache 2.0 · Open for Community Review

ProtoLedger is an open standard for evaluating money and the systems that issue it. It reports two objects on two scales that are never summed — Monetary Fitness (M, Layer A) and System Soundness (S, Layer B) — plus a disclosure layer (Layer C) for contested values and mechanism facts that are recorded but never scored.

Each property carries a Today score (Achieved-tier evidence only) and a Ceiling score. Scoring is outcome-based, evidence-graded, and tail-aware. Published under the Apache 2.0 licence — fork it, build on it, or challenge a score with evidence.

Money Standard v4.0

The full specification: subject-instance rule, 5 archetypes with gates, 17 scored properties, 8 disclosure axes, the scoring model, and the challenge process.

Read the whitepaper →

ProtoLedger Index

Every major subject-instance assessed on the two axes, with the interactive Terminal for archetype weighting and Layer C filtering.

Open the Index →

Layer A — Monetary Fitness

Seven properties for whether it works as money. The unweighted mean of an asset's Layer A Today scores is its M value.

A1 Acceptability & Liquidity
A2 Value Stability
A3 Usability & Safety
A4 Portability & Divisibility
A5 Fungibility
A6 Recognizability
A7 Cost Efficiency & Capacity

Layer B — System Soundness

Ten properties for whether the system behind the money is sound. The unweighted mean of an asset's Layer B Today scores is its S value.

B1 Supply Integrity
B2 Settlement Assurance
B3 Resilience, Liveness & Capacity
B4 No Single Point of Control
B5 Rule Auditability
B6 Forward Security Margin
B7 No Invisible Rent
B8 Capture-Resistant Rule-Change
B9 Resource Proportionality
B10 Claim Enforceability

Layer C — Disclosed, Not Scored

Eight axes — four contested values, four mechanism facts — recorded and disclosed, never scored. Used as filters in the Terminal.

Privacy posture
Identity / personhood
Issuance ethic
Autonomy ↔ Accountability
Consensus / cost mechanism
Governance model
Jurisdictional posture
Catastrophic failure modes

Gates

Each archetype names conjunctive gates; a gate failure caps the verdict and must be stated. Universal gates apply to all archetypes:

  • A1 < 7 Today — not "money in use" / "ready today".
  • B1 < 7 or B2 < 7 Today — not a "sound system".
  • Ceiling scores never satisfy a "ready today" gate — only a verdict explicitly labelled ceiling.

Full per-archetype gates (A–E) are in the whitepaper.

ProtoLedger Index → Terminal (interactive ranking) → Challenge process → Scoring methodology →