Rename Castle Accounting extension to Libra

Full identifier rename: module path lnbits.extensions.castle →
lnbits.extensions.libra, DB ext_castle → ext_libra, URL prefix
/castle/ → /libra/, manifest id castle → libra, fava ledger slug
default castle-ledger → libra-ledger, Beancount source metadata
castle-api → libra-api and link prefixes castle-{entry,tx}- →
libra-{entry,tx}-, column castle_wallet_id → libra_wallet_id, all
Python/JS/HTML identifiers (castle_ext, CastleSettings,
castle_reference, castleWalletConfigured, etc.).

Display name "Castle Accounting" → "Libra" (the scales/balance
metaphor — fits double-entry bookkeeping).

No backward compat: production hosts will be force-updated. Old
castle-prefixed Beancount metadata in existing Fava ledgers is
historical; new entries use libra-* prefixes going forward.

Co-Authored-By: Claude Opus 4.7 (1M context) <noreply@anthropic.com>
This commit is contained in:
Padreug 2026-05-05 10:24:46 +02:00
commit c174cda48d
44 changed files with 953 additions and 953 deletions

View file

@ -195,13 +195,13 @@ id="toc-professional-assessment">Professional Assessment</a></li>
<h1 id="accounting-analysis-net-settlement-entry-pattern">Accounting
Analysis: Net Settlement Entry Pattern</h1>
<p><strong>Date</strong>: 2025-01-12 <strong>Prepared By</strong>:
Senior Accounting Review <strong>Subject</strong>: Castle Extension -
Senior Accounting Review <strong>Subject</strong>: Libra Extension -
Lightning Payment Settlement Entries <strong>Status</strong>: Technical
Review</p>
<hr />
<h2 id="executive-summary">Executive Summary</h2>
<p>This document provides a professional accounting assessment of
Castles net settlement entry pattern used for recording Lightning
Libras net settlement entry pattern used for recording Lightning
Network payments that settle fiat-denominated receivables. The analysis
identifies areas where the implementation deviates from traditional
accounting best practices and provides specific recommendations for
@ -214,7 +214,7 @@ hierarchy</p>
<hr />
<h2 id="background-the-technical-challenge">Background: The Technical
Challenge</h2>
<p>Castle operates as a Lightning Network-integrated accounting system
<p>Libra operates as a Lightning Network-integrated accounting system
for collectives (co-living spaces, makerspaces). It faces a unique
accounting challenge:</p>
<p><strong>Scenario</strong>: User creates a receivable in EUR (e.g.,
@ -223,7 +223,7 @@ accounting challenge:</p>
<p><strong>Challenge</strong>: Record the payment while: 1. Clearing the
exact EUR receivable amount 2. Recording the exact satoshi amount
received 3. Handling cases where users have both receivables (owe
Castle) and payables (Castle owes them) 4. Maintaining Beancount
Libra) and payables (Libra owes them) 4. Maintaining Beancount
double-entry balance</p>
<hr />
<h2 id="current-implementation">Current Implementation</h2>
@ -231,7 +231,7 @@ double-entry balance</p>
<pre class="beancount"><code>; Step 1: Receivable Created
2025-11-12 * &quot;room (200.00 EUR)&quot; #receivable-entry
user-id: &quot;375ec158&quot;
source: &quot;castle-api&quot;
source: &quot;libra-api&quot;
sats-amount: &quot;225033&quot;
Assets:Receivable:User-375ec158 200.00 EUR
sats-equivalent: &quot;225033&quot;
@ -344,7 +344,7 @@ class="sourceCode sql"><code class="sourceCode sql"><span id="cb8-1"><a href="#c
payment-hash: &quot;8d080ec4...&quot;
Assets:Receivable:User-375ec158 -200.00 EUR
; No sats-equivalent needed here</code></pre>
<p><strong>Option B - Use EUR positions with metadata</strong> (Castles
<p><strong>Option B - Use EUR positions with metadata</strong> (Libras
current approach):</p>
<pre class="beancount"><code>Assets:Bitcoin:Lightning 200.00 EUR
sats-received: &quot;225033&quot;
@ -452,8 +452,8 @@ OR payable)</li>
(receivable AND payable)</li>
</ul>
<p><strong>When Net Settlement is Appropriate</strong>:</p>
<pre><code>User owes Castle: 555.00 EUR (receivable)
Castle owes User: 38.00 EUR (payable)
<pre><code>User owes Libra: 555.00 EUR (receivable)
Libra owes User: 38.00 EUR (payable)
Net amount due: 517.00 EUR (true settlement)</code></pre>
<p>Proper three-posting entry:</p>
<pre class="beancount"><code>Assets:Bitcoin:Lightning 565251 SATS @@ 517.00 EUR
@ -461,8 +461,8 @@ Assets:Receivable:User -555.00 EUR
Liabilities:Payable:User 38.00 EUR
; Net: 517.00 = -555.00 + 38.00 ✓</code></pre>
<p><strong>When Two Postings Suffice</strong>:</p>
<pre><code>User owes Castle: 200.00 EUR (receivable)
Castle owes User: 0.00 EUR (no payable)
<pre><code>User owes Libra: 200.00 EUR (receivable)
Libra owes User: 0.00 EUR (no payable)
Amount due: 200.00 EUR (simple payment)</code></pre>
<p>Simpler two-posting entry:</p>
<pre class="beancount"><code>Assets:Bitcoin:Lightning 225033 SATS @@ 200.00 EUR
@ -515,7 +515,7 @@ positions - ❌ Requires metadata parsing for SATS balances</p>
id="approach-3-true-net-settlement-when-both-obligations-exist">Approach
3: True Net Settlement (When Both Obligations Exist)</h3>
<pre class="beancount"><code>2025-11-12 * &quot;Net settlement via Lightning&quot;
; User owes 555 EUR, Castle owes 38 EUR, net: 517 EUR
; User owes 555 EUR, Libra owes 38 EUR, net: 517 EUR
Assets:Bitcoin:Lightning 517.00 EUR
sats-received: &quot;565251&quot;
Assets:Receivable:User-375ec158 -555.00 EUR
@ -570,7 +570,7 @@ Method</h4>
<p><strong>Decision Required</strong>: Select either position-based OR
metadata-based satoshi tracking.</p>
<p><strong>Option A - Keep Metadata Approach</strong> (recommended for
Castle):</p>
Libra):</p>
<div class="sourceCode" id="cb25"><pre
class="sourceCode python"><code class="sourceCode python"><span id="cb25-1"><a href="#cb25-1" aria-hidden="true" tabindex="-1"></a><span class="co"># In format_net_settlement_entry()</span></span>
<span id="cb25-2"><a href="#cb25-2" aria-hidden="true" tabindex="-1"></a>postings <span class="op">=</span> [</span>
@ -604,7 +604,7 @@ class="sourceCode python"><code class="sourceCode python"><span id="cb26-1"><a h
<span id="cb26-12"><a href="#cb26-12" aria-hidden="true" tabindex="-1"></a> }</span>
<span id="cb26-13"><a href="#cb26-13" aria-hidden="true" tabindex="-1"></a>]</span></code></pre></div>
<p><strong>Recommendation</strong>: Choose Option A (metadata) for
consistency with Castles architecture.</p>
consistency with Libras architecture.</p>
<hr />
<h4 id="rename-function-for-clarity">1.3 Rename Function for
Clarity</h4>
@ -713,7 +713,7 @@ class="sourceCode python"><code class="sourceCode python"><span id="cb28-1"><a h
<span id="cb28-45"><a href="#cb28-45" aria-hidden="true" tabindex="-1"></a> payment_hash<span class="op">=</span>payment_hash</span>
<span id="cb28-46"><a href="#cb28-46" aria-hidden="true" tabindex="-1"></a> )</span>
<span id="cb28-47"><a href="#cb28-47" aria-hidden="true" tabindex="-1"></a> <span class="cf">else</span>:</span>
<span id="cb28-48"><a href="#cb28-48" aria-hidden="true" tabindex="-1"></a> <span class="co"># PAYABLE PAYMENT: Castle paying user (different flow)</span></span>
<span id="cb28-48"><a href="#cb28-48" aria-hidden="true" tabindex="-1"></a> <span class="co"># PAYABLE PAYMENT: Libra paying user (different flow)</span></span>
<span id="cb28-49"><a href="#cb28-49" aria-hidden="true" tabindex="-1"></a> <span class="cf">return</span> <span class="cf">await</span> format_payable_payment_entry(...)</span></code></pre></div>
<hr />
<h3 id="priority-3-long-term-architectural-decisions">Priority 3:
@ -742,7 +742,7 @@ architectures:</p>
<p><strong>Recommendation</strong>: Architecture A (EUR primary)
because: 1. Most receivables created in EUR 2. Financial reporting
requirements typically in fiat 3. Tax obligations calculated in fiat 4.
Aligns with current Castle metadata approach</p>
Aligns with current Libra metadata approach</p>
<hr />
<h4 id="consider-separate-ledger-for-cryptocurrency-holdings">3.2
Consider Separate Ledger for Cryptocurrency Holdings</h4>
@ -754,7 +754,7 @@ from fiat accounting</p>
Assets:Receivable:User-375ec158 -200.00 EUR</code></pre>
<p><strong>Cryptocurrency Sub-Ledger</strong> (SATS-denominated):</p>
<pre class="beancount"><code>2025-11-12 * &quot;Lightning payment received&quot;
Assets:Bitcoin:Lightning:Castle 225033 SATS
Assets:Bitcoin:Lightning:Libra 225033 SATS
Assets:Bitcoin:Custody:User-375ec 225033 SATS</code></pre>
<p><strong>Benefits</strong>: - ✅ Clean separation of concerns - ✅
Cryptocurrency movements tracked independently - ✅ Fiat accounting
@ -902,7 +902,7 @@ Entry balances</p>
<p><strong>Is this “best practice” accounting?</strong>
<strong>No</strong>, this implementation deviates from traditional
accounting standards in several ways.</p>
<p><strong>Is it acceptable for Castles use case?</strong> <strong>Yes,
<p><strong>Is it acceptable for Libras use case?</strong> <strong>Yes,
with modifications</strong>, its a reasonable pragmatic solution for a
novel problem (cryptocurrency payments of fiat debts).</p>
<p><strong>Critical improvements needed</strong>: 1. ✅ Remove
@ -912,7 +912,7 @@ Separate payment vs. settlement logic (accuracy and clarity)</p>
<p><strong>The fundamental challenge</strong>: Traditional accounting
wasnt designed for this scenario. There is no established “standard”
for recording cryptocurrency payments of fiat-denominated receivables.
Castles approach is functional, but should be refined to align better
Libras approach is functional, but should be refined to align better
with accounting principles where possible.</p>
<h3 id="next-steps">Next Steps</h3>
<ol type="1">
@ -935,7 +935,7 @@ Characteristics of Accounting Information</li>
<li><strong>ASC 105-10-05</strong>: Substance Over Form</li>
<li><strong>Beancount Documentation</strong>:
http://furius.ca/beancount/doc/index</li>
<li><strong>Castle Extension</strong>:
<li><strong>Libra Extension</strong>:
<code>docs/SATS-EQUIVALENT-METADATA.md</code></li>
<li><strong>BQL Analysis</strong>:
<code>docs/BQL-BALANCE-QUERIES.md</code></li>
@ -948,6 +948,6 @@ implemented</p>
<p><em>This analysis was prepared for internal review and development
planning. It represents a professional accounting assessment of the
current implementation and should be used to guide improvements to
Castles payment recording system.</em></p>
Libras payment recording system.</em></p>
</body>
</html>