Greetings Friends;
In this article I will write about the Starcoin project, a simple project that encompasses the entire process of innovation and technology. Yes my friends, if you are looking for a hybrid ecosystem to mine or to venture out taking advantage of Web3's news and its variations, this project can match your expectations. In short terms, through this project you will be in the world of Pow, and Smart Contracts, in other words, it's a combination of past, present and future. Below I will detail a little more about the project and its possibilities for financial, social or even humanity as a whole. I cannot forget to mention that this article is motivational only and that all details and technical terms can be found in the or in the links found at the end of the article.
What is Starcoin? Can it be considered as a Gem?
With a consensus origin PoW Starcoin is a project that offers on its network a secure smart contract establishing possibilities for optimization and scalability, that is, it has the ability to grow in different ways, meeting the demands without losing the quality that adds value to its ecosystem. The demands met range from DeFi, NFTs, and derivative games or any other option regarding DAO and community voting system and benefiting from a consensus of all. With a Web3-centric infrastructure oriented directly to the user that redefines value with more security and more interaction in its layers. In practical terms Starcoin improves user interaction and experience as a whole because in addition to improving scalability, the project offers the expansion of its Dapps and their use for different segments of today and the future.
Practical use of the project...
In connection with the basic description above Starcoin is based and founded on two pillars which we can name as layers as mentioned above. Before explaining the layers, we must reflect on a current paradox that we find in the main and several blockchains. And what would that paradox be?
A blockchain cannot be:
- Strongly scalable,
- Fully decentralized
- Perfectly safe
At the same time...
Usually only two of them can be reached simultaneously. In this case Decentralization and security is the focus of the vast majority mainly on Bitcoin and Ethereum and we rarely find any trends towards scalability.
A problem is only a problem until we solve it. It's with this dilemma that I will explain the layers and the solution to the paradox mentioned above.
Starcoin developers have created a public, hierarchical and decentralized infrastructure. By doing this, they automatically blurred the decentralization that is automatically found in their Blockchain, leaving space directly for security and scalability, solving in a simple way the paradox that many cannot solve.
This is amazing, isn't it?
Going back to the description, the Starcoin project has two layers:
It focuses on providing basic capabilities to produce, manage and trade digital assets, with which users can securely and quickly define assets and perform asset transfers and exchanges with the help of smart contracts.
Where it focuses on addressing scalability and performance issues during the process of transferring and exchanging digital assets. With a powerful and exclusive blockchain, layers 1 and 2 can interact and are organically combined, with data flowing from one to the other and vice versa. This effect and combination further strengthens the concept of decentralization, boosting even more supporter adherence and resolving once and for all the trinity's padarox.
What is the real value of the project?
In addition to the financial value there is an emotional value and we can take a simple example where a simple pen can have a huge value but how so? If a pen is touched by a famous person or a person we have an affinity with, that pen has great value. We can bring this to the crypto world where each project has a value that transcends the financial value and that is something we should also reflect on.
So Starcoin also has its value!!!
Specifications:
Coin/Smart Contract
Name: Starcoin
Symbol: STC
Algo: CryptoNight-STC
Total Suply: 3,185,136,000
Exchange
Conclusion
Web 3 is growing every day and because it's something innovative, many projects have great challenges to solve technical problems and current challenges such as the problem of scalability, that is, to deliver on a massive scale resources and possibilities without losing quality (A great challenge). The Starcoin project has solved big problems that many big projects are struggling with and the big question you have to ask is that a group of committed developers are willing to solve problems and they are succeeding.
This project is worth paying attention to.
My address STC: stc1pqq9mgzq2wa9qtfrqtya7q56qmdnnwyvehpdas82rt5tgrsdqkf5sqza5pq98wjs953s9jwlq2dqdkngw746
