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Standard

STND

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GateSTND/USDT0824.94285.22214,667.860.01cex1507/9/2025, 6:23 AM
KuCoinSTND/USDT0957.69286.4684,896.830.01cex1327/9/2025, 6:23 AM
MEXCSTND/USDT0496.7946.9670,203.750cex746/20/2025, 5:24 AM
Gate.ioSTND/ETH0.010000cex14/8/2025, 6:32 AM
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Standard FAQ

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What is Standard? Standard is a cryptocurrency that aims to provide a stable and decentralized digital asset. By leveraging smart contracts and blockchain technology, it seeks to offer a reliable medium of exchange that maintains its value over time. Standard is designed to integrate seamlessly into various financial systems, thereby facilitating efficient and secure transactions. For detailed information, including market statistics and current trends, refer to Eulerpool.

Standard is a multifaceted entity within the cryptocurrency and blockchain ecosystem, concentrating on the development and implementation of Web3.0 technologies. It operates through various repositories on GitHub, such as standard-substrate, standard-evm, and standard-subgraph, highlighting its engagement in creating foundational infrastructure for decentralized applications (DApps) and services. Additionally, its membership-drop repository suggests an innovative approach to viral marketing, aiming to expand its community and user base through strategic engagement. In the broader context, "Standard" can refer to multiple concepts within the cryptocurrency domain, including leading cryptocurrencies by market capitalization, security protocols for crypto assets, and investment strategies. However, in this specific instance, Standard's mission is to revolutionize Decentralized Finance (DeFi) by adhering to the principle of "not your keys, not your crypto." This ethos, rooted in the original philosophy of Bitcoin, emphasizes the significance of self-sovereignty over digital assets. Standard is pioneering a new DeFi model based on Ethereum Improvement Proposal (EIP) 5252. This approach seeks to empower users with true ownership and control over their digital assets, starting with innovative exchange mechanisms and payment solutions within its ecosystem. The introduction of SAFU, a stable currency, is indicative of Standard's commitment to creating a secure and user-centric financial environment. As the landscape of cryptocurrency and blockchain technology continues to evolve, entities like Standard play a critical role in shaping the future of finance and digital ownership. Their efforts to build accessible, secure, and empowering tools for Web3.0 not only invite newcomers into the space but also pave the way for a more inclusive and decentralized digital world. It is essential for individuals interested in exploring the opportunities within DeFi and cryptocurrency more broadly to conduct thorough research and consider the implications of digital asset ownership and the technologies that underpin these innovations.

How is Standard secured?

Standard's security framework is a comprehensive and multifaceted system that integrates advanced encryption, thorough smart contract audits, stringent data privacy measures, continuous monitoring, and regular updates, all guided by a "privacy by design" policy. This carefully structured approach ensures that every component of the platform is crafted with security as the primary focus, thus protecting users' data and assets from unauthorized access and potential vulnerabilities. Encryption is pivotal in safeguarding sensitive information transmitted across the platform. By encrypting data, Standard ensures that only authorized individuals can access and decipher the information, thereby preserving both confidentiality and integrity. A vital aspect of Standard's security protocols is the auditing of smart contracts. Conducted by independent third-party entities, these audits thoroughly examine the smart contracts for any flaws or vulnerabilities that might be exploited. This process is crucial for identifying and rectifying potential security concerns before they are exploited, thereby reinforcing the platform’s underlying technology. Strict data privacy measures are employed to protect users' personal and financial information. Standard adheres to rigorous privacy policies and utilizes advanced techniques to prevent unauthorized data access, ensuring that users' privacy is both respected and safeguarded. To maintain the platform's security, continuous monitoring and updates are indispensable. Standard uses cutting-edge monitoring tools for the real-time identification and response to potential security threats. Additionally, regular updates are issued to address new vulnerabilities and enhance the platform’s security features, thus proactively combating potential threats. The "privacy by design" policy ensures that privacy and security are integrated into the development process from the beginning. This proactive stance guarantees that privacy and security principles are woven into the platform's foundation rather than being an afterthought. Further reinforcing its security stance, Standard aligns with the Cryptocurrency Security Standards (CSS) for key management practices, such as key/seed generation, wallet creation, key storage, and usage. These standards ensure the secure handling of cryptographic keys, which are crucial for the security of digital assets. Policies addressing key compromise, keyholder grant/revoke procedures, third-party audits, data sanitization, proof of reserve, and log audits further bolster the platform's security. Standard's dedication to security is also reflected in its adherence to Decentralized Finance (DeFi) principles outlined in EIP-5252, placing a strong emphasis on self-ownership and control over one's digital assets. The guiding principle "not your keys, not your DeFi" underscores the platform's commitment to empowering users with true ownership and control over their assets, promoting a secure and transparent DeFi ecosystem. Users are encouraged to conduct their own research and fully understand the security features and practices of any platform or technology they engage with in the cryptocurrency space. For more comprehensive information, please refer to Eulerpool.

What will be the applications of Standard?

Standard is strategically positioned as a comprehensive platform within the decentralized finance (DeFi) sector, with the objective of streamlining the trading process and enhancing the usability of cryptocurrencies, including Bitcoin, Ethereum, and various Altcoins. Its core functionality is focused on facilitating trading activities without the common issue of slippage, thereby optimizing the trading experience for its users. This is particularly crucial in the volatile crypto market, where rapid price fluctuations can impact trade execution prices within seconds. Beyond its trading capabilities, Standard is dedicated to fostering a transparent, blockchain-based economy. This commitment extends to supporting individuals who are unbanked, providing them with access to financial services that were previously unavailable. This aspect of Standard's mission is vital, given the substantial portion of the global population that lacks access to traditional banking services. The platform is also involved in developing tools for Web3.0, with the aim of making the decentralized web more accessible to newcomers. By building upon the principles outlined in EIP-5252, Standard emphasizes the importance of self-sovereignty in the digital domain. The phrase "not your keys, not your crypto" underscores the platform's commitment to ensuring users retain control over their digital assets. This philosophy is extended to the DeFi space through Standard's approach, encapsulated in the mantra "not your keys, not your defi." This approach seeks to provide users with genuine ownership of their digital assets, starting with exchange services via New Order and payments within its ecosystem using the stable currency, SAFU. In summary, Standard endeavors to revolutionize the DeFi space by offering a comprehensive platform that not only enhances trading efficiency and supports the unbanked but also upholds the fundamental crypto ethos of asset self-sovereignty. Through its initiatives, Standard is paving the way for a more inclusive, transparent, and user-empowered financial ecosystem. For additional details and updates regarding Standard, refer to Eulerpool.

What significant events have occurred for Standard?

Standard has established a notable presence in the dynamic world of cryptocurrency and blockchain technology through a series of significant events and strategic developments. These milestones underscore not only its commitment to innovation but also its influential role in shaping the future of decentralized finance (DeFi). A pivotal moment for Standard was the release of Lightpaper 2.0, a document detailing its vision, technological framework, and future roadmap. This release exemplifies Standard's dedication to transparency and its efforts to make complex blockchain concepts accessible. Furthermore, the launch of Whitepaper 1.0 in Korean highlights its commitment to reaching a global audience and acknowledges the significance of the Korean market within the cryptocurrency ecosystem. The establishment of the Technology Alliance marks another crucial development, showcasing Standard's collaborative approach to innovation. By joining forces with other entities, Standard aims to leverage shared expertise to drive advancements in DeFi and blockchain technology. This alliance is a testament to the power of collaboration in overcoming challenges and expanding the possibilities within the cryptocurrency space. Media coverage of Standard's initiatives and milestones has played an essential role in raising awareness and deepening the understanding of its contributions to the DeFi sector. Through media engagement, Standard has effectively shared its achievements and insights with a broader audience, further cementing its stance in the industry. In the broader context of cryptocurrency, key events such as the rise of Bitcoin, the introduction of concepts like eCash and DigiCash, and the economic crisis of 2008 have shaped the landscape in which Standard operates. These events have demonstrated the potential for cryptocurrencies to offer alternatives to traditional financial systems, influencing Standard's approach to developing tools for Web3.0. Standard's focus on self-ownership of digital assets, as embodied in its adoption of EIP-5252 and the principle of "not your keys, not your crypto," highlights its commitment to the core ethos of cryptocurrency. By focusing on enabling true self-ownership and facilitating secure exchanges and payments within its ecosystem, Standard is contributing to the creation of a more inclusive and empowering financial future. As the cryptocurrency market continues to develop, with upcoming events like the Bitcoin halving in 2024 poised to impact the sector, it is vital for participants and observers to stay informed about these developments. Standard's journey and strategic initiatives provide valuable insights into the potential of blockchain technology to revolutionize finance, emphasizing the importance of innovation, collaboration, and a user-centric approach in navigating the complexities of the DeFi landscape.

Investors interested in Standard are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.