Your address is a valid bech32 address value. By decoding the content we obtain a bytestring that can be interpreted according to CIP-0019. There are 3 types of possible address, each following a different encoding format: Shelley, Stake, or Byron.

Address Bytes (Hex)

016fa70ba548808dbc09463e…dcfa8194eab769b320dbd96e

Parsed Address

Type

Shelley

Network Id

The network id is a flag to indicate to which network it belongs (either mainnet or a testnet).

Network Id

mainnet

Payment Part

The payment part describes who has control of the ownership of the locked values. There are two options: a verification key or a script. The address includes a flag to differentiate the two.

Kind

verification key

Hash

6fa70ba548808dbc…723a804c631952b2

Delegation Part

The delegation part describes who has control of the staking of the locked values. There are two options: a verification key or a script. The address includes a flag to differentiate the two.

Kind

verification key

Hash

40f44308087b9c10…eab769b320dbd96e