Mass Wallet (MASS) is the international community of the global decentralized ecosystem and the first-ever smart contract Coin marketing of the Binance (BNB) networks. This is a self-executing software algorithm that performs the function of distributing partner rewards between community members, subject to certain conditions (Coin marketing plan). The contract code is publicly available. Information about transactions in the Binance (BNB) network can always be viewed at the link Smart Chain.
The Mass Wallet (MASS) concept belongs to a group of crypto enthusiasts, who are members of the community and don’t have any special privileges. Today, Mass Wallet (MASS) is an peer-to-peer community of platform members, to whom the platform itself belongs.
Binance (BNB) is one of the leading cryptocurrencies, which has existed since 2017. At the same time, it is a software framework for the DeFi (decentralized finance) market, since the blockchain of this cryptocurrency allows you not only to follow the history of transactions but also to save any executable software products (smart contracts). A huge number of major crypto companies use this platform.
A smart contract is an algorithm within a cryptocurrency’s blockchain. In our case, Binance (BNB) is our first choice among those on which it is possible to create smart contracts. The main purpose of such contracts is the automation of the relationship, the opportunity to make a commitment self-executing.
The process works based on distributing authority from a centralized administration to the participants involved in the process. Unlike a centralized system, all decisions are made by consensus.