STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda

STOIC Stake Pool | 0% Fee | 100% Solar Energy Bare Metal Pool | Single Pool Alliance

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

I just registered as a DREP:
drep1rsmldjj7vg9a9r5lqsegynzw03yyfhzdqwfs8fq3ctsk2rwjlfy

I will not support burning the treasury, I will not support using the treasury to fund native VCs

I will support open source tooling that will help teams and projects launch on Cardano

[🪏 Michele | Harmonic @MicheleHarmonic]

AFAIK the Gerolamo proposal is the lowest in ask between the alternative nodes

It covers 1 year of development for 3 highly skilled FTE dedicated to the project.

Among all the alternative nodes, it is the one with the highest potential in decentralising applications

[CardanoForTheM₳sses @CardanoBook]

I had lots of help from these nice people also, I hope the book does their work justice 🙏 @MicroProofs @rvcas @_KtorZ_ @StoicPool @YetAnotherAiGuy

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

I just voted no on net change because it is too high. It’s easy to put large withdrawal requests in when there is a large budget. We need to manage OUR treasury responsibly or we will end up with a more expensive Catalyst, with little to no results

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@ChristopherSeuc @masatoalexander You’re right on point there 💪 it’s good to do a mix for balance as each hand position recruits muscles differently, but wide overhand is more lats

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@itzdannyADA @levvywifhat_LWH @aiken_eng It’d be so easy to make it able to gift any value, even multiple NFTs 🔥

[$itzdanny @itzdannyADA]

my first @aiken_eng contract on cardano.

just a simple gift card where creator locks funds and mints NFT, NFT can be sent to anyone and then redeemer burns NFT to unlock the ADA.

huge shout out to Rhys from @StoicPool for all the help you've given while I've been learning.

if you want to check it out, site is here:
https://t.co/xhQFpvOqx5

code is here:
https://t.co/fnf0eOMD7a

[Maria Carmo @MariaCarmo369]

Good afternoon!!!
São Paulo theater 🎥
We should be using #nft as tickets @StoicPool

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@jonahkoch @bobasfk @elraulito Better to look at the Aiken course done with CF as this is PlutusV2, but this does cover transaction building too so still helpful

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@MicheleHarmonic Ah what a muppet 🤣

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

With all this talk about programmable tokens recently on Cardano, with various designs and specs coming out,

I was thinking of a simple way to implement/develop this concept that can allow more flexibility across different assets

👇

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@elraulito Totally agree

Yeah it requires handling assets instead of having a ref input or separate account script per user, either way some calculation is required offchain.

I’m going to build out examples of 113 & 143 to compare complexity & efficiency so we can understand tradeoffs 🙏

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

Anyway I put this idea together in a very simple example just after Christmas after reading CIP113 & CIP143

There might be a very good reason that this wouldn’t work, or some potential exploit that I didn’t think of in the couple hours I put the draft together

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

@BobArchangel Happy new year @BobArchangel hope you’re doing well mate 🍻

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

This can be combined with withdrawal validators or ref scripts as needed to have arbitrarily complex logic for individual redeemer cases/monetary policies and the only standing rule would be that:

Sum all DEED inputs == Sun all DEED outputs

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

We can have multiple user accounts to enable multi threads because a user can just mint that extra account beacon, as long as we have the appropriate rules in outputs to force 2 assets:

(empty asset name > 0 && pkh asset name = 1)

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

So if we need to blacklist accounts or we want to enable clawbacks in our particular asset, we can set those rules and tag accounts via the datum

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

Doing it this way means we have freedom to set datums and redeemers according to the particular programmable needs and provides a simple way for wallets to discover various user accounts according to the token registry -> this might be a negative for infrastructure 😅

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

The root beacon can have a matching policyid & asset name to id it as the supply beacon

DEED.DEED

So the initial supply mint will look like this:

DEED:
{
“”: 100,000,000,
DEED: 1,
}

Or more readably:

DEED.”” : 100,000,000
DEED.DEED : 1

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

So any given utxo will be easy to find and will have all the info within it to manage spending those programmable tokens

But where does the initial mint go?

If it has a fixed supply, we can do so with a one shot param, but that doesn’t satisfy the location of the assets …

[STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda @StoicPool]

But what about user accounts?

We can create a user account for that specific asset, which can have an asset name of the PKH, meaning they need to sign to spend from that account utxo, without having to know that credential in advance

DEED.pkh