What is MSTcoin?
MST is a cryptocurrency with no trading cost that aims to maximize trader'sprofit. The main purpose of MST is to solve some problems between buying and selling cryptocurrency. MST solves the problem of trading margins and trade costs. We all know that cryptocurrency trading is expensive because of high demand and low availability.
MST is there to increase trading profits. They will work together with their users to provide safe and secure exchange for them. They will also provide low cost to their users. The MST team does a great job in setting up a trading platform for the world. Platform is a sophisticated and reliable platform.
The main purpose of this platform is to match the demand of the coin market and ensure the availability of cryptocurrency.
MST on paper
There are two steps in MST coins
1. The first step is to create a state channel. The MST country channel lets users load their COIN apps into their mobile wallets. Both MST and user devices store a copy of the current channel status.
2. The second step is to make changes and state transactions. Each user will receive a visual prompt from the MST wallet with transaction value. Similar to traditional faucets and games, users can start deals with MST coins. Once the user authorizes any transaction on the AI MST trading platform, the platform receives a counter-match, signs the transaction and keeps a copy of the new country-chain. MST then pays the requested purchase from its local currency through a global Payment Network for users. Transactions occur without network latency and computation time.
MST in practice
MST ensures that funds are always ready. There is no charge for making transactions as long as the state channel remains open. However, this offer is only available to users who have at least 10,000 tokens.
MST also allows users to retrieve most of the pending MST coins in the channel. They do so by withdrawing their funds. This platform allows users to publish and sign withdrawal requests. It is possible to make half withdrawals. So users can decide to take some or all of their funds.
Finally, MST allows one party to sign and publish a close request to a state channel. The closing period is the period during which either party may submit their last transaction.
Token
Most new and upcoming ICOs raise funds and hold most of the shares with them. They hold most of the shares rather than investors, which gives them the power to manipulate market demand and supply. They end up throwing coins in the market and making investors and traders pay a price that leads to losses.
MST has a plan to avoid this situation. MST will host a token-making event to promote and develop the MST platform. The MST event will release an unlimited supply of MST tokens. The vision of MST is to enable their investors to gain more profit. They have made way for all investors for the majority of tokens for sale.
Through this, investors do not have to worry about the total supply of coins, supply outstanding coins and maximum coin supply. There is no maximum number of coins available for presale. Only a select group of people will hold MST COIN, which is better than letting the whole community hold a coin. They have a dedicated team of professionals and developers who conduct in-depth research on the AI trading platform. The team's job is to create a more sophisticated platform, allow automated trading, and set up a token allocation chart and allocate funds.
Token ERC -20
MST Coins are implemented as an ERC-20 token using the Ethereum smart contract.
ERC-20 sets a standard contract for tokens on blockchain technology and has become a representation of all digital assets.
All ERC-20 tokens share the same core interface that simplifies integration with external contracts.
The ERC-20 token is essential for balance, transfer, approval, and MST COIN benefits. The smart contract also has an additional function to create and complete the sales crowd from MST COIN. The interface is automatically responsible for sending money to the hardware and returning users in case of failed sales crowd.
The ERC token smart contract is written in a programming language and is accessible and free for use by the whole community.
ERC-20 defines a set of general rules for all ethereum tokens to follow. This implies that tokens will empower developers to predict how new token functions in a large ethereal system. ERC-20 is designed to be compatible with new tokens. This means that tokens released through Initial coin offerings are ERC-20 compliant.
ERC-20 sets out six basic functions for token benefits in the Ethereum system. Basic functionality includes how users can access data about tokens and how tokens are transferred. The ERC-20 signal determines which token is set and which token to use.
Unifying this set of signals and functions ensures that Ethereum tokens work the same way anywhere in the Ethereum system. This implies that almost all wallets supporting the ERC-20 also support the ether currency.
ERC is still technically under development, which means that nothing has yet to be enforced by the wider Ethereum community. Because the development is still running, there will likely be some troubleshooting that will occur when Ethereum technology continues to grow.
One significant problem with Ether tokens is that tokens sent to smart contracts will lose money. The error in the protocol implies that the token contract can not respond to a direct transfer resulting in a loss of money associated with the transfer.
ICO
The total of MST supply tokens is unlimited and the token price is 1 MSTCOIN = 0,000066 ETH
which is equal to 1 MST or 1,1616 THB.
The presale date is intended to begin on May 3, 2018 to May 10, 2018. The ICO will begin on May 21, 2018. Public sales will begin approximately 1-2 weeks after the second presales. To uncover a 0% transfer fee, 10,000 MST coins must be purchased during ICO sales.
Maximum token available for ICOis 500,000 MST Coin and there will be a minimum limit for token purchases.
Thank you for reading my blog explaining about MSTcoin, for more please visit link below:
Website: https://mstcoin.io/
Authored by. Irji Belajar
Bitcointalk Username: JandaLover
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1114280
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