STOIC Stake Pool | 0% Fee | 100% Solar Energy Bare Metal Pool | Single Pool Alliance
Joined September 2020
- Tweets 3,082
- Following 1,167
- Followers 1,914
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652 Photos and videos
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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
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Today … Cardano based startup … US Government … fingers crossed on this one it could be huge
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In the last year or so I’ve been out of the social media loop. But I have started a company, been in talks with Google, AWS, PWC, Deloitte, Nvidia and many more about a product built on Cardano which could have a huge impact, I’m very excited about it
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STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda retweeted
28 Apr 2025
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
28 Apr 2025
So please support the only alternative node that is at the moment still below 50%.
x.com/stakenuts/status/19165…
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STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda retweeted
28 Apr 2025
I had lots of help from these nice people also, I hope the book does their work justice 🙏 @MicroProofs @rvcas @_KtorZ_ @StoicPool @YetAnotherAiGuy
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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
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STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda retweeted
26 Feb 2025
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:
next-auth-mesh-sdk.vercel.ap…
code is here:
github.com/itzdannyada/next-…
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STOIC Rhys - $HOSKY rugpool CSPA CNC ArmAda retweeted
24 Feb 2025
Good afternoon!!!
São Paulo theater 🎥
We should be using #nft as tickets @StoicPool
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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
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Feedback or suggestions are welcome,
you can find the example on ‘/program’ repo if you want to see this idea develop over the next week or so and run the tests yourself
0 optimisations etc have been considered at this point so it’s currently quite expensive 😅
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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
👇
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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
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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)
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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
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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 😅
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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
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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 …
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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
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Let’s call our tokens ‘deed’ tokens
Deed is script hash for the minting and locking of deed tokens
PolicyID = deed
Asset name is empty so the programmable token will be:
DEED._
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Seeing as we already have a token registry, instead of creating specific smart wallets or account addresses, why not mint account beacons for a specific asset and lock each of these accounts in the same validator?
(There is probably a good reason, but humour me…)
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On the lead up to the new year I worked on some variations of multisigs using Aiken - not native scripts.
They are plutusv3 and allow no datum utxos so they can be used with defi or other smart contracts
I hope 2025 can start to see more multisigs used on Cardano
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Another bonus for this setup allows users to separate the MultiSig management from the spending rules which frees up space in transactions
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The contracts aren’t 100% finished or ready for use yet, but I am open to any suggestions or collaboration from other community members to help get this out to Cardano 💪
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