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+<a id="dir-spec.txt-A"></a>
+
+# Consensus-negotiation timeline
+
+```text
+ Period begins: this is the Published time.
+ Everybody sends votes
+ Reconciliation: everybody tries to fetch missing votes.
+ consensus may exist at this point.
+ End of voting period:
+ everyone swaps signatures.
+ Now it's okay for caches to download
+ Now it's okay for clients to download.
+
+ Valid-after/valid-until switchover
+```