A registration shows its name to the mempool before it is mined, and
"first REG wins" gives the name to whoever copies it with a better fee.
A registrant can now publish a hash first (CMT) and reveal a block later:
the REG carries the salt, and counts only if a commit of
sha256(salt, name, certificate lock) is already 1..144 blocks deep.
Someone who learns the name from the reveal has no such commit.
Who wins a contested name: the first valid REG opens a window of six
blocks, and within it the REG with the oldest commit takes the name; a REG
without a commit ranks by its own block. After the window the registration
is final. The addendum first let an older commit win for as long as the
commit lived, which left every registration open for a week and let a
standing commit beat any buyer; and a commit now lives a day, so keeping
one alive costs more than owning the name.
Optional on chipnet, where plain registrations keep working exactly as
before (the live registry reduces to the same index). Required on mainnet,
which starts empty. A registration straight into the covenant commits to
the covenant address, fixing owner and expiry at commit time.
One implementation for the JavaScript reducers; the Android reducer is now
a pure function and agrees with it on every history the tests build.
A name whose certificate sits in the registry covenant has an owner and an
expiry that are hashed into its address, not written on the chain. Until
now a resolver saw only "held by some script address", forever.
The transaction that moves the certificate now says the state (`c` in the
payload) and the resolver checks it against the address, using the
covenant's code from the network table. Nobody is trusted about who owns
such a name or until when.
Entering is the one step script cannot police - a certificate can be sent
to a covenant address with any expiry - so resolvers set the price: the
entering transaction pays the fund for whole years and may claim no more
than it paid for. Once a name is inside, only a verified state speaks for
it; otherwise an owner could announce their way back to a name that never
expires.
A name past its grace period stays taken but resolves to nothing, judged
at the chain tip (the indexer now answers what that is) or, failing that,
at the newest block in the beacon history, so a stale index lapses a name
late and never early.
Same rules in the gateway, the Ariadne resolver and the Android resolver;
the builders announce every move, and there is one to put an existing
name into the covenant. Chipnet's fund and steward are the operator key.
