SC Trading definition
SC Trading. A unique dedicated cross-chain smart contract that records the balance for all accounts that have ever been involved in a cross-chain transaction and dynamically maintains a ledger. Both intra- transactions and inter-transactions associated with real business must be manipulated via SC Trading. In other words, the token value is generated and destroyed with SC Trading running on an IoT Chain with the native gas. The amount of consumable assets is precisely defined even though its native account-balance tends to be infinite. • Witnesses: A set of nodes that bridge the information exchanged between Token Chain and a specific IoT Chain. Information exchanged needs to be verified by the consensus on both Token Chain and the IoT Chain. Witnesses retrieve events from:
SC Trading. An smart contract on the IoT Chain which records the balance for all accounts that have ever been involved in an arbitrary cross-chain transaction and dynamically maintains a ledger based on the historical balance; • Wit Addr List: The addresses of Witnesses for the IoT Chain, which is hardcoded in both SC Register and SC Inter.
Examples of SC Trading in a sentence
The number of Transaction Fee Shares to be granted shall be based upon the SC Trading Average as of the applicable Transaction Fee Payment Date.
The number of Financing Fee Shares to be granted shall be based upon the SC Trading Average as of the applicable Payment Date.
The number of Transaction Fee Shares to be granted shall be based upon the SC Trading Average as of the applicable Payment Date.