Standard Chain Network is a blockchain Network ecosystem built for the future digital economy. It is a cross-chain Network designed to meet the needs of the decentralized digital economy ecosystem, with full scalability, verifiable security and energy saving. Standard is committed to building a ecological system combining with the existing block chain, systematism and integration of the digital economy ecology, Standard will serve as the base of ecological system infrastructure and connectors, to trust the source of effective coordination, as the data source connectivity, the underlying technology of all kinds of distributed application service to provide a complete infrastructure.
An ideal free-market financial system would allow participants to store, trade and transfer value with minimal risk and cost. Based on the groundbreaking open source protocol first proposed by Bitcoin, we have improved and extended it, redefining a new digital token called Standard Chain to implement an ideal free market financial system. With 21 million total releases, STD works like Bitcoin, but with some optimizations and new rules that allow Standard Chain to support its value. In addition to having all the features of Bitcoin, Standard Chain also offers some new features that allow STD holders to earn a certain amount of dividends, which are awarded to each block as part of the mining rewards and transaction fees, and distributed in a way that does not burden the network.
• Decentralized: Shanda Public Chain TOKEN is a distributed digital currency with the entire network composed of users and no central bank. Decentralization is the guarantee of token freedom and security. • Global circulation: Shanda Tokens can be managed on any computer connected to the Internet. Anyone can mine, buy, sell and transfer transactions, no matter where they are.
• All permissions: Manipulating your TOKEN requires your private key, which can be stored in isolation on any storage medium. No one can get it but you. • Low transaction fees: Currently STD can be sent out for free, but eventually there will be approximately a lower transaction fee per transaction to ensure faster transaction execution. • Cross-chain integration: Among many problems faced by blockchain, interoperability between blockchain greatly limits the application space of blockchain. Whether public or private chain chain, cross chain technology is the key to realize the value of the Internet, Standard of Chian cross chain agreement broke through the traditional cross chain only thinking formulary of asset transfers, personal identity related behavior data is also important to cross chain synchronization and migration, through the homomorphic encryption security protection and use. According to different requirements, Standard Chian adopts isomorphic and heterogeneous cross-chain solutions to meet the performance and cost balance under different architectures: Isomorphic cross-chain: Standard Chian main chain and sub-chain are connected through lightweight isomorphic cross-chain protocol, and users can see the state changes between different cross-chain platforms in real time through the wallet. Heterogeneous cross-chain: Distributed private key control technology connects chains outside the Standard Chian system and even traditional platforms to the Standard Chian ecosystem to achieve secure heterogeneous cross-chain and expand the application scope of data protocol to a variety of platforms. Based on two cross-chain technologies, isomorphism and heterogeneity, the tokens and data in different DAPPS are integrated into the master account through the cross-chain technology, forming a multi-level and three-dimensional user data list. In addition, Standard Chian is also considering digitisation of the user behaviors of its partners, extending data to different systems under cross-domain security control conditions, so that data can move beyond the scope of blockchain and form a wide-area data ecosystem. • Concurrency: The primary design goal of Standard Chian was speed, and to ensure TPS performance with high throughput and low latency, we needed a consensus algorithm with a higher convergence rate. • Scalability: Standard Chian is a public platform open to all decentralized applications, so scalability is also an important consideration. • Security: While Standard Chian is not designed for extreme security, it still needs to have an adequate security baseline to protect against all types of attacks.