Shentu
Current price
$0.1176
−2.49%24h
LiveUpdated 28s ago
TodayShentu falls 2.5%, outpacing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.43%
- 24 hours−2.49%
- 7 days−5.16%
- 30 days−2.68%
- 1 year−67.78%
Shentu's move in context
Beating the market today
−2.49% today against −3.27% for the market as a whole, a gap of 0.8 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−5.2% over 7 days and −2.7% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Shentu
Overview
Shentu is a blockchain-based platform designed to address the increasing demand for security and privacy in decentralized applications (dApps) and financial services. Its core mission is to create a more secure and resilient ecosystem for developers and users alike, enabling the development of applications that safeguard user data while providing a seamless and trustworthy experience. Distinguishing itself from other cryptocurrencies, Shentu focuses on integrating advanced security features, allowing developers to build robust applications with enhanced protection against attacks and vulnerabilities. By leveraging smart contracts and transparent protocols, Shentu aspires to establish a reliable framework for both public and private transactions.
Technical Features
Shentu utilizes a unique proof-of-stake (PoS) consensus mechanism that enhances both network security and transaction speed. This approach allows users to participate in validating transactions while earning rewards, thus incentivizing active participation within the network. The platform employs a sophisticated multi-layer security model that integrates various cryptographic techniques, ensuring that user data remains confidential and secure. The network architecture is built upon a modular framework, enabling developers to customize their dApps by incorporating specific security features tailored to their needs. Additionally, Shentu leverages zero-knowledge proofs to provide enhanced privacy for transactions, allowing users to transact without revealing their identities or transaction details.
Use Cases
Shentu's primary use cases span across various domains, particularly in decentralized finance (DeFi), where it provides a secure framework for lending, borrowing, and trading cryptocurrency assets. The platform also fosters governance capabilities, empowering token holders to participate in decision-making processes regarding protocol upgrades and developments. Moreover, Shentu is well-suited for non-fungible tokens (NFTs) as it allows creators to mint and trade assets while maintaining control over their intellectual property. Additionally, the cryptocurrency's robust security features facilitate safe cross-border payments, making it an attractive option for users seeking to transact globally without the risks associated with traditional payment systems.
Development Background
Shentu was developed by a team of blockchain experts and security researchers aiming to create a secure and reliable blockchain environment. The project was supported by prominent organizations within the blockchain space, contributing to its technological advancements and outreach initiatives. Since its inception, Shentu has undergone several notable upgrades and refinements, enhancing its features and usability. The development roadmap has included key milestones such as the launch of the main network and strategic partnerships that have expanded its ecosystem and service offerings.
Community and Ecosystem
The Shentu ecosystem boasts a vibrant community of developers, enthusiasts, and users dedicated to promoting the platform's growth and adoption. The active developer community continuously contributes to improving the platform through open-source initiatives and collaborations. Notable partnerships with blockchain projects and security companies further enhance Shentu's reputation and bolster its application offerings. Numerous dApps have been built on the Shentu platform, demonstrating its versatility and commitment to providing a secure environment for innovative solutions.
Future Potential
The potential of Shentu is significant as it capitalizes on ongoing trends in security and data privacy. As the demand for secure decentralized solutions continues to grow, Shentu's unique offerings position it well for expanded adoption. Upcoming developments on its roadmap include enhancements to its smart contract capabilities, integrations with additional DeFi protocols, and the introduction of new tools for developers to create secure applications more efficiently. These advancements are expected to increase Shentu's visibility and influence within the cryptocurrency market, paving the way for a more secure future in digital transactions.
Shentu market
- Position by market cap among the coins we track.
- #326
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $19.41M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.1133High $0.1238
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $3.94
- Now 3% of itReached 6 Apr 2021 · Needs +3,250% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 165.07M CTK
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Shentu converter
1 Shentu = $0.1176
