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Today's Master Contract Token price is $0.00057379, which is down 11% over the last 24 hours. Master Contract Token's market cap is unknown. 24 hour MCT volume is $110,734. It has a market cap rank of 1850 and max supply of 580,000,000. Master Contract Token is traded on exchanges. Master Contract Token had an all-time high of $0.002432 17 days ago. Over the last day, Master Contract Token has had 0% transparent volume and has been trading on 3 active markets with its highest volume trading pairs being .
Master Contract Token Price (24hr) | $0.00057379 (-11.01%) |
---|---|
Market Cap | |
Trading Volume (24hr) | $110,734 (31.77%) |
Transparent Vol. (24hr) | 0% Unknown |
Transparency Grade | |
Circulating Supply | Unknown |
7D Price Prediction | N/A |
1st 1D Candle | Sep '18 |
1st Trade | Sep '18 |
1st Orderbook | Jan '20 |
Exchanges | 2 |
Trading Pairs | 3 |
Updated | 2 minutes |
The NEO Smart Economy has a major limitation in that although smart contracts can receive funds (system assets like NEO or GAS) they cannot send funds without intervention of off-chain code that responds to events emitted by the smart contract and creates and broadcasts new transactions. The introduction of NEP-7 in Neo 2.7.5 has eased some of the difficulties with receiving system assets by a smart contract. Now a contract will be able to be triggered upon receiving NEO/GAS, giving the contract the opportunity to perform actions or reject the transfer. The problem of the inability to send NEO/GAS in a single operation still remains, however. Current NEP-5 tokens have more limitations than system assets: The smart contract will receive no notification that the tokens were sent The smart contract will not be able to spend tokens it holds without coordination from an off-chain wallet holding the owner's key A change is needed to foster automated exchange of value between smart contracts and users. As a result of this need, we have created the Master Contract Token (MCT). MCT is a NEP-5-compatible token implementation with some additional features. The most notable being the ability for third-party smart contracts to send, receive, and hold it.
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