Smart Contract

Our Smart Contract-Controlled Algorithm

As more tokens are created, the price rises due to the algorithm. The fees generated in the wallet increase as well. This process is controlled by a Smart Contract. Minebase regulates the fees generated by all wallet addresses on Etherscan, the top 20 decentralized exchanges, and the Bitcoin network. When a wallet hits $6.50, the user receives an MBASE token. If the price of the MBASE token increases due to the algorithm, the fees must be equal to the new price to create an MBASE cryptocurrency

Benefits of Using Smart Contracts

Transparency

Blockchain technology is based on the principles of decentralization and transparency. This guarantees that the terms and conditions of the contract are visible to everyone on the blockchain and cannot be disputed

Security

The degree of cryptographic security in Smart Contracts makes them virtually tamper-proof. Moreover, because of the distributed nature of these contracts, no data loss can occur

Independence

Smart Contract technology does not rely on the involvement of third parties or middlemen

Savings

Thanks to the automated nature of Smart Contracts, they eliminate the need for middlemen. As a result, the costs associated with processing errors are eradicated