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About StarCoin

Starcoin is a new generation of public blockchain infrastructure, a hierarchical, decentralized blockchain system.

Layer I of Starcoin focuses on providing the basic capabilities for producing, managing, and trading digital assets, with which users can define assets safely and quickly and flexibly perform asset transfer and exchange with the help of smart contracts.

Layer II of Starcoin focuses on addressing the scalability and performance issues during the transfer and exchange process of the digital assets. Due to the unique design of Starcoin, the Starcoin Layer II can use the data of Layer I, and Layer I can also verify the calculation results of Layer II. Both Layer I and Layer II are organically combined, and the digital assets can circulate freely between the two layers.

The impossible trinity of blockchain has long been an existing problem of blockchain-based systems. The impossible trinity of blockchain refers to the fact that a blockchain system cannot be strongly scalable, fully decentralized, and perfectly secure at the same time. Usually, only two of them can be achieved simultaneously.

Bitcoin and Ethereum are typical examples of pursuing “decentralization” and “security” without caring much about “scalability”. Other blockchain-based systems also make trade-offs between these three aspects. However, meeting only two of these aspects is far from enough for meeting the needs of commercial use.

With the hierarchical blockchain technology, Starcoin attempts to meet the needs of commercial use by achieving full-scale decentralization and security on its Layer I and achieving strong scalability on Layer II, so as to meet the needs of commercial use. Starcoin tries to break the curse of the impossible trinity by utilizing the two tightly coupled blockchain layers.