META 1 Coin reports on the rise of Digital Currency and the empowerment of humanity through freedom, honoring of human rights and heart center finance.
In Part 1 of this two-part article series, we defined Smart Contracts and examined three important contracts that are part of META 1 Coin. Now, we’ll continue our explanation of the remaining Smart Contracts that are responsible for the operations and stability of META 1 Coin.
Smooth Allocation Smart Contract
The Smooth Allocation Smart Contract enables newly acquired assets to add value to the META 1 Coin slowly. This Smart Contract facilitates
Prior to the modern era, people traded goods with each other based on what they grew, owned or made. As the size of traded goods grew larger, it became too burdensome to carry and the use of items of value, such as gold, silver, and other precious metals became much easier to use instead. In particular, gold was often used in the form of coins because of its scarcity and substantially higher value.
As the weight of gold and other coins grew heavy