Server::Starter is a superdaemon that allows for hot deployment of server programs without downtime or resource leaks. It works by binding to TCP ports and spawning application server processes to handle connections while signaling old processes to shutdown when new ones are launched. This allows servers to be upgraded without interrupting service and prevents issues like file descriptor leaks that can occur with other hot deployment techniques. The superdaemon approach ensures new processes launch successfully before retiring old ones, providing a fail-safe deployment mechanism.