Master Contract Token (MCT) Price, Marketcap, Chart, Exchange and History | CJsGo

  • Market Cap: $2,768.49 B
  • 24h Vol: $135.26 B
  • BTC Dominance: 45.54%

master-contract-token Master Contract Token (MCT)

$0.000327
12.33% (24H)
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Market CapVolumeAvailable Supply
N/A $72,586N/A

Master Contract Token (MCT) price currently is $0.000327 with a marketcap of N/A. Master Contract Token (MCT) price is 12.33% up in last 24 hours.

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 sentThe smart contract will not be able to spend tokens it holds without coordination from an off-chain wallet holding the owner's keyA 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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