MoonBite
MoonBite
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Vocabulary

Learn the language.

Every technical term you'll hit in MoonBite, defined in plain words. If a word in the docs or the UI trips you up, it's here.

A โ€“ C

Addresses, blocks & consensus

๐Ÿ“

Address

A shareable identifier you give to receive payments. Derived from your public key โ€” sharing it reveals nothing about your private key.

๐Ÿ“

bech32

The address format MoonBite uses. Starts with moon1โ€ฆ on mainnet, tmoon1โ€ฆ on testnet. Case-insensitive with built-in error detection.

โ›“๏ธ

Block

A batch of transactions bundled together and permanently added to the chain by a miner who found the valid proof-of-work. MoonBite produces one roughly every 2 minutes.

๐Ÿ”—

Blockchain

The ordered, append-only ledger of every block ever mined. Each block includes the hash of the previous one, making the chain tamper-evident from the genesis block forward.

๐Ÿ†

Block reward

The MBITE paid to the miner who successfully mines a block. MoonBite starts at 10 MBITE per block and halves every 1,650,000 blocks.

๐Ÿค

Consensus

The agreement among all nodes about which chain is valid. In MoonBite, the chain with the most accumulated proof-of-work is the consensus chain.

โœ…

Confirmation

A block mined on top of the one containing your transaction. More confirmations means it's increasingly expensive for anyone to reverse the transaction.

D โ€“ H

Difficulty, forks & hashing

๐ŸŽฏ

Difficulty

A number that controls how hard it is to find a valid block hash. The network adjusts it every 60 blocks (about two hours) to keep blocks arriving every ~2 minutes regardless of total hashrate.

๐ŸŒฟ

Fork

A divergence in the chain. A soft fork tightens the rules (old nodes still accept new blocks). A hard fork changes rules in a way that requires all nodes to upgrade.

๐Ÿ”ข

Full node

A node that downloads every block since genesis and validates each one against the full ruleset. Full nodes are the enforcers of the protocol โ€” they don't trust anyone else's word.

๐Ÿ“‰

Halving

A scheduled event where the block reward is cut in half. MoonBite halves every 1,650,000 blocks (~6.27 years). This limits the total supply to ~33,000,000 MBITE.

#๏ธโƒฃ

Hash

The fixed-length output of a one-way cryptographic function. Blocks are identified by their hash. Changing even one byte of a block produces a completely different hash.

๐Ÿ“Š

Hashrate

How many hash computations a miner (or the whole network) performs per second. Higher total hashrate means more security โ€” attacking the chain costs more work.

M โ€“ N

Mining, mempool & nodes

๐Ÿงพ

Mempool

The waiting room where unconfirmed transactions sit before a miner picks them up and includes them in a block. A full mempool usually means higher fee competition.

โ›๏ธ

Mining

The process of repeatedly hashing a block header (varying the nonce) until the hash meets the current difficulty target. The miner who succeeds adds the block and earns the reward.

๐Ÿ–ง

Node

Any computer running MoonBite software and connected to the peer-to-peer network. Nodes share blocks and transactions, each independently validating what they receive.

๐Ÿ”ข

Nonce

"Number used once." A field in each block header that miners increment (or randomise) with every hash attempt, looking for a result that meets the difficulty target.

๐Ÿšซ

No premine

MoonBite has no premine โ€” the developers did not create coins for themselves before the public could mine. Every MBITE is earned through the same open proof-of-work process.

P โ€“ R

Proof-of-work, keys & regtest

๐Ÿ”‘

Private key

A secret 256-bit number that authorises spending from your address. Anyone who has it can move your coins. Never share it โ€” not even with this website.

๐Ÿ’ช

Proof-of-work

The mechanism that secures MoonBite. To add a block, a miner must demonstrate they performed real computational work โ€” making it expensive to rewrite history.

๐Ÿ”

Public key

Derived from the private key via an irreversible elliptic-curve operation. Your address is a hash of the public key. Sharing an address or public key is safe.

๐Ÿ”ฌ

Regtest

Regression-test mode. A private, local network where blocks can be mined instantly. Used for development and testing โ€” coins have no value and are not on a shared network.

S โ€“ W

RandomX, self-custody & wallets

๐Ÿง 

RandomX

The proof-of-work algorithm used by MoonBite (and Monero). It runs randomly generated programs in memory, so an ordinary CPU is the best mining hardware โ€” ASICs and GPU farms get no meaningful edge, and mining can't be monopolised.

๐ŸŒฑ

Seed phrase

A list of 12 or 24 words that encodes your private key in a human-readable backup. Anyone who has your seed phrase controls your coins. Store it offline and never type it online.

๐Ÿ 

Self-custody

Holding your own keys rather than leaving coins in an exchange or custodial service. The MoonBite wallet is non-custodial โ€” your keys stay on your device.

๐Ÿ๏ธ

Testnet

A public test network that runs in parallel with mainnet. Coins have no market value. MoonBite is currently pre-mainnet โ€” everything runs on testnet today.

๐Ÿ“ฆ

UTXO

Unspent Transaction Output. Your balance is not a single number โ€” it's a collection of coin parcels (UTXOs) you have received and not yet spent, each with its own amount and locking script.

๐Ÿ‘›

Wallet

Software that manages your keys, tracks your UTXOs, and constructs transactions. The MoonBite web wallet is non-custodial โ€” keys are generated and held locally by you.

Keep learning

Dig deeper

๐Ÿ“–

Learn MoonBite

Straight answers to the questions people ask most โ€” a gentler on-ramp than the full vocabulary.

Read the guide โ†’
โš™๏ธ

How it works

A deeper walkthrough of proof-of-work, block production, and how the network reaches agreement.

Technical overview โ†’
๐Ÿ“„

White paper

The design document behind MoonBite: its goals, its parameters, and how the pieces fit together.

Read the white paper โ†’