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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. It has completely scalable, proven security and energy saving. Standard is committed to establishing a systematic and integrated digital economy ecosystem that is integrated with the existing blockchain ecosystem. Standard will serve as the infrastructure and connector of the ecosystem to provide a complete underlying technical infrastructure for effective collaboration of trust sources, interconnection of data sources, and various distributed application services.
How to obtain Shanda Public Chain?
Players can obtain it through computer mining or purchase in digital currency transactions. Mining acquisition is relatively complicated, and a large number of servers form mining pools to accelerate block generation. Once the block output is output, STD dividends will be allocated according to the contribution value.
How does Shanda Public Chain work?
An ideal free market financial system should allow participants to store, trade and transfer value while minimizing risks and costs. On top of the groundbreaking open source protocol first proposed by Bitcoin, we have improved and expanded to redefine a new digital token called Standard Chain to implement an ideal free market financial system. The total number of STDs issuance is 21 million. The way STD works is similar to Bitcoin, but some optimizations and new rules can allow Standard Chain to support its value. In addition to all the features of Bitcoin, Standard Chain also provides some new features that allow STD players to obtain a certain number of bonuses. These bonuses come from part of mining rewards and transaction fees, which will be rewarded to each block and distributed in a way that does not increase the burden on the network.
STD Value Foundation
STD is a native asset on Standard Chain. The origin of STD's value is that it can easily represent and measure digital economic activities on Standard Chain. The value of STD is based on two points: one is that the use of Standard Chain requires a certain amount of STD as fuel; the other is that it holds STD and can participate in the original chain governance.
Can Shanda Public Chain Token be exchanged for cash?
The answer is yes. Shanda Public Chain Main Network Token can complete redemption or transactions on major exchanges. The std payment system is widely used, and stores can also exchange items and consume.
Is Shanda Public Chain TOKEN anonymous?
All transfer records on the Token-STD address of the public chain can be traced. Simply put, if you transfer STD from the exchange and then use it for black market transactions, no matter how many transactions you make, if you want to check, you can quickly find out where your money comes from and track you. Just like you log in to the computer with the same ID, you can always track you as long as you have exposed your personal information. So STD is not anonymous, but is not a real name.
Standard Design Principles
Standard chian network is a cross-chain network designed to meet the needs of a decentralized digital economy ecosystem. It requires many well-known tradeoffs such as decentralization and scalability, neutrality and compatibility, privacy and openness, store of value and transaction costs, password security and user experience, and more. All of these conflicts are caused by people trying to solve the exact opposite problem with a blockchain. The overall structure of our multi-layer cross-chain network technology can adapt and solve these problems well. Based on the technical requirements of a decentralized digital economy ecosystem, scalability, sustainability and interoperability are the three most important principles in standard chain network design.
Highlights of Shanda Public Chain Technology
•Decentralization: Shanda Public Chain TOKEN is a distributed digital currency, the entire network consists of users and does not have a central bank. Decentralization is the guarantee of freedom and security of tokens.
•Global Circulation: Shanda Public Chain TOKEN can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell, and transfer transactions.
•All permissions: Manipulating your TOKEN requires your private key, which can be isolated and saved on any storage medium. No one can get it except you.
•Low transaction fees: Currently, STDs can be remitted for free, but eventually, about a smaller transaction fee will be charged for each transaction to ensure faster transaction execution.
• Cross-chain convergence: Among the many problems faced by blockchain, interoperability between blockchains greatly limits the application space of blockchains. Whether for public or private chains, cross-chain technology is the key to realizing the value Internet. Standard Chian's cross-chain protocol breaks through the traditional cross-chain mindset that only asset transfer can be carried out, and also synchronizes and migrates behavioral data related to important personal identities across chains, and protects and uses security through homomorphic encryption. According to different needs, Standard Chian adopts two cross-chain solutions that are isomorphic and heterogeneous to cope with the balance of performance and cost under different architectures: Isomorphic cross-chain: Standard Chian's main chain and sub-chain are connected to each other through a lightweight isomorphic cross-chain protocol, and users can instantly see the state changes between different cross-chain platforms through their wallets. Heterogeneous cross-chain: Distributed private key control technology connects chains outside the Standard Chian system and even traditional platforms to the Standard Chian ecosystem, achieving a secure heterogeneous cross-chain, and expanding the application scope of data protocols to multiple platforms. Based on two cross-chain technologies, the tokens and data in different DApps are integrated into the main account through cross-chain technology to form a multi-level and three-dimensional user data list. In addition, Standard Chian is also considering statizing the user behavior of partners, expanding data to different systems under the security control conditions required by cross-domain, so that data can go beyond the scope of the blockchain and form a wide-area data ecosystem.
• Concurrency: Standard Chian's primary design goal is fast. To ensure the system has high throughput and low latency TPS performance, we need to adopt consensus algorithms with higher convergence speed.
• Scalability: Standard Chian is a public platform that is open to all decentralized applications, so scalability is also an important consideration.
• Security: Although Standard Chian’s design concept does not pursue the ultimate security, it still needs to ensure sufficient security bottom line and effectively prevent all kinds of attacks.
What are the core technologies for the use of Shanda Public Chain?
Consensus mechanism PoW+POS can distribute tokens through a completely neutral, permissionless mechanism. SPOS, a friendly ending gadget consensus mechanism.
LAY2 technology: The second layer can improve transaction speed and transaction volume. In addition, the gas fee can be greatly reduced. Such as channels, plasma, side chains.
Cross-chain technology: The key is to solve the transmission problem between the main chain and the side chain, which must be safe and reliable.
Digital identification technology: Standard uses data identification to identify and manage the identity of entities on the chain. DID is the user ID on the standard.
SVM Technology: SVM is a standard execution environment. It has an execution environment in SVM that is fully compatible with EVM.
SWASM Technology: WebAssembly is a new type of code created and defined by W3C that can be executed efficiently in modern browsers.
Slicing technology: The sharding scheme is to divide the state of the entire network into a series of partitions called shards, each partition has its own independent state and transaction history.
Dai Technology: The distributed artificial intelligence technology standard introduces distributed artificial intelligence, which not only allocates tasks to different computers, but more importantly allocates models and data.
Storage system: Files can be stored on the DFS system and can be quickly accessed anywhere in the world through distributed protocols that address content, versioning, and peer-to-peer hypermedia.
Shanta Public Chain Future Vision
Standard Chian is committed to establishing a new generation of on-chain value circulation network ecosystem platform based on technology-driven and application implementation as the entry point, aiming to establish a diversified application business model of global "blockchain+". Standard Chian always adheres to the technical strategy of "independent code + open source route" and strives to become a commercial public chain for the development of world-class blockchain underlying technology. Standard Chian’s goal is to integrate the development of cutting-edge blockchain, distributed ledger and other technologies, closely combine with the business development of various industries, form an innovative open source technology system and an open cooperation mechanism, and provide a complete, robust and flexible commercial-level blockchain technology value circulation network ecological platform for institutions and business models in various industries