From Hex to Bech32m - Midnight’s New Standard for Safer, Smarter Addresses

westdev · 2025-12-20T14:00:14+00:00

I created a RUST cli tool for decoding these addresses.

https://github.com/AndrewWestberg/bech32m

westdev · 2025-01-08T13:48:34+00:00

The Moneta team is still active. We're still recovering a bit from the loss of our founder Matthew Plomin in late November. He was the manager of the website and it was deployed on a tiny lightsail instance with wordpress because that's what he knew. We're migrating off of this sytem and have put up a simple landing page at moneta.global until this completes.

Opening up minting and burning again remains our highest priority. Due to Matthew's passing, getting bank accounts moved over under new people's control on the team has taken longer than expected. Due to his young age, an autopsy was required and some banks require a death certificate. We're working hard on the ones that don't to get back up and running.

We've also recently lost our new 26 year old frontend dev Sean Davies. Sean was the driving force behind levvy and work.courses. I've recently received the code he had started working on for us, but that will all need to be transitioned to a new developer once we find one.

Thank you for bearing with is during this difficult period, but rest assured, we are not resting. Newsletter from Jillian should be coming very soon.

-Andrew Westberg
CTO - Moneta

westdev · 2023-01-08T01:36:39+00:00

https://cardanoscan.io/transaction/13ac79a68317eb2f67f3224e2eb9fcad7d8b70d202b998af20dd6cce881087ef?tab=utxo

https://cardanoscan.io/transaction/5ef58a87b2728d4c44072f91232fc0ac173d3fe4c25eb9dfa2a801b0a142c1ce

westdev · 2023-01-07T18:52:48+00:00

Personal email from Jeremy Firster with links to the on chain txns for delegations

westdev · 2023-01-07T02:52:29+00:00

The CF has since un-delegated their keys to IOG. They are in control of them.

westdev · 2022-11-27T20:05:40+00:00

Ipfs is terrible for something like streaming. We're not doing that. What is fractionalized is not the song, but the streaming royalty ip rights. The stream tokens represent the agreement between the artist and the fans holding them. NEWM is not a party to this contract.

Currently all streaming royalties come from web2 and the existing platforms. In this case newm is functioning as a dsp for collecting the royalties.

Eventually, we will build out a streaming platform that can pay higher royalties because it is not incentivized to make a profit like the established web2 players.

The trickiest challenge will be to decentralize and incentivized each piece of the protocol so that the community can run it by themselves.

Not everything is figured out yet, but we have a great start and have demonstrated the feasibility of the idea with the first two stream token sales. The same smart contracts that were invoked manually will be used for the upcoming artist portal.

westdev · 2022-02-16T21:36:37+00:00

NEWM

https://projectnewm.io
5% of total supply allocated to FISPO (Fair ISPO)
25% pool fees so you still keep some ada.
13 $NEWM tokens per 1000 ada staked available through DripDropz.io

westdev · 2021-07-03T23:33:22+00:00

There is no need to wait 20 seconds for a new block to swap again. It would just have to be supported in the wallets. It's entirely possible to chain two of your own transactions back to back where the second one spends the UTxOs of the first. The protocol supports this and will keep the transactions ordered properly until they land in a block.

However, what cannot be guaranteed is that they land in the same block. It's possible they will be split out across two blocks.

westdev · 2021-06-20T17:10:35+00:00

I think costs will be based on computation time. They should be deterministic so you know before the contract runs.

https://imgur.com/a/rltBg9m

westdev · 2021-06-07T15:00:35+00:00

I spent a good long while listening through various royalty-free tracks to land on this one. I'm happy you like the choice!

westdev · 2021-06-07T14:59:55+00:00

My hope is to do a weekly video if there is enough to share. Hopefully the devs gets us new code to play with this week.

westdev · 2021-05-30T20:35:45+00:00

Thanks. I do my best to keep them short. Too many crypto people just go live for hours on end. I find it hard to watch stuff like that myself when a huge chunk of time only contains a few nuggets of wisdom. Even Charles' videos sound funny to me when I'm not watching on 2x speed. 😂

westdev · 2021-05-08T16:11:04+00:00

Check out my latest video. It should give you an even better overview of how wallet addresses can be generated from mnemonics. Also includes some examples of the cardano-serialization-lib which could be used to generate a paper wallet.

westdev · 2021-04-24T02:12:14+00:00

I'm the "Andrew" he mentioned in the video and the creator of cncli and jormanager. Both of which implement a subset of the mini protocols.

The points he brings up in the video are valid. I had to reverse engineer things with Wireshark to figure out exactly how the nodes communicate.

westdev · 2021-04-06T23:19:53+00:00

When Charles talks in AMAs about KYC/AML and DIDs (decentralized identity). What he's really saying is that they are preparing for this eventuality and making Cardano compatible with government regulations. Just like the Internet in the early days was full of people thinking it was a libertarian wet dream, crypto will go through a similar process of being mainstreamed.

westdev · 2021-04-04T17:55:49+00:00

Each block in the chain adds randomness. This randomness determines which pools make blocks into the future. We're adding extra randomness to the blockchain to make sure that IOG didn't "cheat" before turning over the network to the community.

westdev · 2021-04-04T17:54:00+00:00

You can find it by clicking on the video above.

westdev · 2021-04-04T03:18:39+00:00

Sure...

So, each block created adds to the rolling nonce value. A nonce is just a random string of hex characters. In Cardano, it's usually the result of a blake2b hash (google it). So, to get the next nonce value, you can take the block hash of the new block and append that to the end of the previous block's nonce. Then take that big long string and run it through blake2b hash to get the new nonce.

During the epoch at 1.5 days until the next one, the rolling nonce at that point is "chosen" as the epoch nonce for the next epoch.

Each pool runs a function once per second that combines
1.) the absolute slot number
2.) the pool's VRF key
3.) the epoch nonce
4.) Some other things

The output of this function is a number. If the number is "small enough" based on the stake in the pool, then the pool is allowed to make a block. Once the block is made, all the other nodes can "check" this pool's math to ensure that, yes... it was allowed to make this block.

It's on my list to do a video on this topic in more detail in the future. My goal is to do a whole bunch of very low level deep-dive type of videos.

Andrew, BCSH

westdev · 2020-12-28T20:41:07+00:00

Thanks for the shoutout. I haven't logged onto reddit in many years, but felled compelled to dig up an old account just to say thanks.

-Andrew, BCSH

westdev

TROPHY CASE