Starcoin is a decentralized hierarchical smart contract network. It aims to provide a secured digital asset and a decentralized financial operation platform so that the blockchain can be applied in more fields with a lower threshold.Starcoin is inspired by Facebook’s 2019 Libra project, it is the industry’s first public permissionless blockchain project to support the Move ecosystem.Starcoin inherits Bitcoin’s superior security mechanism and provides the ability to deliver high transaction throughput by improving the PoW algorithm and introducing a hierarchical network.