Credential · honest fail · 2026-08-08

Meta, buy-and-hold

FAIL — published anyway

A track record judged by the MIZAN gate inside a zero-knowledge proof: returns after costs, the out-of-sample split and the overfitting corrections recomputed in-circuit, the strategy never revealed. Anyone can verify this credential offline. Every verdict on the registry is published, including this one.

Disclosed metrics
0.70Sharpe
0.77OOS Sharpe
22.4%CAGR
+1,662.2%Net return
77.0%Max drawdown

Meta, buy-and-hold (Momentum(1), threshold −100000 bps: always long). Net +1,662.16% — refused. Sharpe 0.7 against the 1.20 bar, drawdown 76.95%, 1 trades, independence 0%. The dataset is a licensed commercial feed and is not redistributed; the canonical Merkle root is published above so any holder of the same data re-derives it and verifies offline.

Verify it yourself

Download the bundle, run the verifier with the network off. The verdict recomputes on your machine in about 81 ms.

./mizan-verifier-v11-macos-arm64 legend_meta_buyhold_20260808.bundle meta.csv
The record
DatasetUS:META · daily OHLC · licensed commercial library feed, split+div adjusted (3,565 bars)
Minted (UTC)2026-08-08T00:00:00Z
VerdictFAIL — published anyway
Kindhonest_fail
Engine erav11 · both-schools validation-complete
Engine statuslive
Credential hashb835481e12867de3
Anchor SHA-256b835481e12867de3129e2bbda25058a2c8023681339f50e891cb9afa3f9cc8c1
Timestamp (TSA)Aug 8 16:05:02 2026 GMT
Bitcoin / OTSpending confirmation
Data root9b717566f86d2a9aa9f19c75f777cefa59a063e729bb80bb2f1aa298f896b471
Registry leaff9d3507f9a7e76eac4f89c2eb52642c03568b0005145b2d50f01bf00f335836d
Leaf index77
Registry rootf878bf4d24bda7d7e90d09c9345418b9c77ec4ac866df57ac76eff8ee44c5f26
Proof size220 KB
IssuerMIZAN

What a verdict means: what a PASS asserts · what we refuse to certify · reading a verdict · the VTR-1 standard.