Governance charter · draft v0.1

How VTR-1 changes, and what never does.

Era law, the versioning promise, the change process, independence from the money, and the path to a foundation. A rule one company can change at will is a product; this is how the rule outlives the issuer.

Draft for review, 21 October 2026. Until a standards body exists, decisions are MIZAN's and are recorded as such.

0.1Version
a52a1a71ba44e3fc…sha256 of the text
CC BYLicence
PublicComments: [email protected]
0. Purpose

A rule that one company can change at will is a product. A certificate authority needs a published change process, a versioning promise and a path to a body that outlives the issuer. This charter states how VTR-1 and its profiles change, what never changes, and how MIZAN intends to hand the rule to a foundation.

1. What is governed
2. Era law (unchanged, restated)
3. Versioning promise
4. How a change is made
  1. Proposal published on mizan.market/standard/ with rationale, text diff and affected clauses.
  2. Review window: 30 days minimum; comments recorded publicly.
  3. Decision recorded as a log leaf (kind note) with the sha256 of the adopted text.
  4. Conformance vectors updated and re-published before the version is marked FROZEN.

Until a standards body exists, the decision is MIZAN's and is recorded as such; this charter does not pretend otherwise.

5. Independence and conflicts
6. Path to a foundation
7. What this is not

Not a licence (see the spec's CC BY), not terms of reliance (see /standard/terms-of-reliance/), not a promise of outcomes.

Carve-out: the issuer and routed capital

The issuer of VTR-1 credentials (Mizan Verification, Inc.) never earns from capital that moves on a credential: no share of profit, no routing fee, no custody, no escrow. Any venue, settlement or network business that earns from routed capital is a separate entity under its own licence and governance, with the standard's neutrality as a condition of its charter. Public pages that describe such a network describe that separate entity, not the issuer.