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Item 48: The modified market as a computable belief sequence

Normativity line — traderized enforcement · difficulty substantial · project normativity · closed · node item-48

— answered by the projection arc

Answered by the projection arc and registered as compiler.* in projects/normativity/CLAIMS.md. The erasure is constructed rather than assumed, through an additive upstream public section and a downstream compiler that proves its own recurrence. What the answer does not buy is efficiency: the generator is doubly exponential in the fragment dimension. Record: projects/normativity/rounds/2026-08-18-projection-enforcement/FINAL_FORMALIZATION_STATUS.md.

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