Mechanism of reflection and crypto: a deep dive

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September 12, 2021 new story

The concept of a thinking mechanism was recently introduced to the cryptocurrency space a few months ago. A reflection mechanism can be defined as a process in which tokens act as a self-generation mechanism for their holders. This means that a percentage is added to a cash pool for each transaction and another part is reserved for redistribution among token holders. As a result, the value of these tokens is self-generated and aims to promote a culture of retention and earning, which reduces the selling pressure. The reflection mechanism is accomplished through smart contracts, which automate the redistribution of tokens.

@anndylianAnndy Lian

Intergovernmental Blockchain Expert | Best Selling Book Author

by Anndy Lian @anndylian. Intergovernmental Blockchain Expert | Best Selling Book Author Read My Stories

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