FISCUSXTelegram
quotesnot in the book · no legs · not checkable here
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20 of 20 priced · Jupiterread 15:29:53Z

The books balance.
Here is the balancing.

FISCUS is Latin for a woven basket. The word became the name of the Roman treasury, and from there it gave us fiscal. Every figure on this site appears twice — once where it came from and once where it went — and both sides are shown adding to nothing.

Trial balancesquare
Subscribed by backers-16.25
Held in the vault15.925
Redeemed to backers0
Taken by the house0.325
the two sides0

Summed from 17 entries every time this page is drawn. Nothing here is a stored total — a stored one could disagree with the rows above it.

The shot clock

what is in the air, and what has been decided
in the air
1
decided
8
last entry
5h ago

Shots

a coin through the net, or back to the backers
$TTJT2WImade
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 5h ago · closes
$TTJT2EUmade
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 5h ago · closes
$TTJT1W1made
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 5h ago · closes
$TTJT192made
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 5h ago · closes
$TTJSZ2Xmade
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 6h ago · closes
$TTJSXY6made
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 7h ago · closes
$HLJSX8Qin the air
health check
target
1

subscriptions are still being taken. Nothing has been decided.

opened 7h ago · closes
$TTJSWHDmade
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 7h ago · closes
$TTJSUVBmade
test shot
target
2

the target was subscribed in full and the vault holds it.

opened 8h ago · closes

A worked entry

computed here, by the code that writes the book
Backing a shot with 1 SOLLegWhy
Subscribed by backers-1money in from the people who backed a shot. The treasury owes this.
Held in the vault0.98the balance the treasury can point at. Read, never assumed.
Taken by the house0.02our fee. It is an account like any other, and it is on the same page.
sum0it comes to nothing, so it can be written

The last entries

both legs, never a running balance
WhenMemoShotByLegsSums to
5h agosubscription$TTJT2WI2eJn…9Vqh
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT2WI4xD1…66FJ
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT2EUFiS5…bmod
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT2EUA54Z…xAhv
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT1W15sKo…GSxo
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT1W151Ss…WJun
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT1927RmR…LyoU
SUB -1VLT 0.98HSE 0.02
0
5h agosubscription$TTJT192Fwsb…8fdq
SUB -1VLT 0.98HSE 0.02
0

What the house takes

an account like any other, on the same page
our fee2%taken inside the subscription entry itself, so it can never be a separate movement recorded elsewhere
taken so far0.325the running total, from the same legs as everything else
roundingper entryfloored once per entry, which takes marginally less than charging on the total — integer division must not round toward whoever wrote the code

What is owed

derived from the entries, never stored
owed to backers
16.25
held in the vault
15.925
the gap
0.325

The gap is the house's cut and nothing else. A treasury whose shortfall cannot be named is a treasury with a hole in it, so this figure is on the front page rather than derivable from two others further down.

The four states of a shot

in the air is the only undecided one
in the air

subscriptions are still being taken. Nothing has been decided.

made

the target was subscribed in full and the vault holds it.

missed

the window closed short of the target. Every backer is owed their money back.

settled

a missed shot whose refunds have all been booked. The books are square again.

What this cannot do

the part worth reading twice
cannot hold your money

This book is the product's own record. It is not a chain, and an entry here is not a transfer.

cannot make a shot good

A target reached says people backed it. It says nothing about whether they should have.

cannot stop a bad actor

Double entry catches arithmetic, not intent. A book can balance perfectly and still describe a theft, provided the theft was written down.

cannot take an unbounded shot

A window is at most 72 hours and one subscription is capped, so a fat finger cannot put the book somewhere nobody meant.

Read it yourself

the whole point

Every balance on this site is summed from the legs on each request. Nothing is cached and no total is stored, which is slower than the alternative and is the only reason no figure here can drift from the rows beneath it.