What are Cardstack Tokens? The Cardstack Phone Number List ecosystem is powered by the Cardstack Token, commonly known as CARD. CARD is an ECR20 token based on the cryptocurrency Ethereum. The CARD cryptocurrency is designed to create and improve digital marketplaces so that open source developers can get better returns, while also allowing Phone Number List users to mix and match the best software services for their needs. CARDs Phone Number List can be traded like other cryptocurrencies in exchange for products and services.
When a CARD is used in a Phone Number List transaction, a "smart contract" is generated between the user and the associated application. A smart contract is a computer protocol designed to digitally facilitate and verify transactions between two parties under certain Phone Number List conditions. Smart contracts, also known as crypto contracts, allow the reliable Phone Number List transfer of assets and cryptocurrencies without the involvement of third parties.
After that, all CARDs become Phone Number List a "reward pool" that is ultimately distributed to end users, analytics miners, and developers of the Cardstack framework using a decentralized algorithmic payment method. Cardstack layers There are three different layers in the cardstack Phone Number List framework The first layer - this is the secure ledger layer, which focuses on the application mechanism of blockchain technology in Ethereum, which is the Phone Number List cryptocurrency on which the token is based.