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ShibChain (SC) converter and calculator

ShibChain (SC) converter and calculator

Convert 1ShibChain (SC) to United States Dollar (USD) equals $0 | Bitget
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SC
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SC to USD real-time exchange rates, making it easy to convert ShibChain (SC) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 SC is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SC is currently valued at 0 USD, which means buying 5 SC would cost 0 USD. Similarly, $1 USD can be converted to Infinity SC, and $50 USD can be converted to Infinity SC, excluding any platform or gas fees.

About ShibChain (SC)

The Historical Significance and Key Features of Cryptocurrencies

Cryptocurrencies have undeniably transformed the financial world in the last decade, providing a new way of conducting transactions and storing wealth. They are digital or virtual currencies that utilize cryptography to secure transactions and create new units. Its history and key features are critical in understanding its impact on today’s digital economy.

Historical Significance of Cryptocurrencies

The history of cryptocurrencies dates back to the 1980s and 1990s with the Cypherpunks, a group focused on using cryptography to ensure privacy in the digital age. However, the first actual cryptocurrency, Bitcoin, was created in 2009 by an anonymous entity known as Satoshi Nakamoto.

Bitcoin's creation was historic because it solved the double-spending problem, a significant issue in digital cash, through the implementation of the blockchain">blockchain technology. This technology eliminated the need for a central authority and allowed for peer-to-peer transactions.

The success of Bitcoin spurred a wave of new cryptocurrencies, collectively referred to as altcoins. Today, there are over 4000 cryptocurrencies, tracking assets in multiple sectors beyond finance.

Key Features of Cryptocurrencies

Distributed Ledger

At the core of every cryptocurrency is blockchain technology, a distributed and decentralized ledger system. All transactions are stored in a publicly accessible blockchain, fostering transparency. Additionally, this ledger isn't stored in a central location; hence it isn't susceptible to manipulation or control by a single entity.

Security

Transactions conducted with cryptocurrencies are highly secure because of cryptographic encryption. The secure hash algorithm (SHA-256) used in Bitcoin, for example, makes it nearly impossible for hackers to undertake fraudulent activities.

Anonymity

Cryptocurrencies offer a level of anonymity not seen in traditional financial systems. While all transactions are recorded publicly, the identities of the parties involved are masked.

Deflation

Most cryptocurrencies have a cap on the amount that can be created, unlike traditional currencies which central banks can issue indefinitely. This cap creates a deflationary environment that can increase the value of a cryptocurrency over time.

Accessibility

Cryptocurrencies are easily accessible as they don't need a centralized system like a bank account to work. Anyone with internet access can create a digital wallet and trade cryptocurrencies without the need for any intermediary.

The Takeaway

Cryptocurrencies represent a paradigm shift in how humans think of currency and conduct transactions. Through a peer-to-peer network, secured by cryptography, and stored in a global ledger known as a blockchain, they offer an attractive alternative to traditional currency systems. Their historical significance and transformative features have made them an integral part of the evolving digital world.

Cryptocurrency is here to stay, and its impact will undoubtedly continue to shape our financial future. Whether you are an investor, a tech enthusiast, or a casual observer, understanding the intricacies of cryptocurrencies helps you stay informed in an increasingly digital age.

Indeed, the crypto industry's journey, marked by innovation and growth, continues to awe and inspire. While acknowledging the risks it carries, it becomes crucial to understand that cryptocurrencies are not just economic implements but signify a broader cultural transformation ushered in by the digital age.

ShibChain to USD conversion rate trend

The price of ShibChain has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of ShibChain: What is ShibChain and how does ShibChain work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
28/04/2025 01:55 today
0.5 BTC
$46,908.57
1 BTC
$93,817.15
5 BTC
$469,085.75
10 BTC
$938,171.5
50 BTC
$4,690,857.5
100 BTC
$9,381,715
500 BTC
$46,908,575
1000 BTC
$93,817,150

USD to BTC

Amount28/04/2025 01:55 today
0.5USD0.{5}5330  BTC
1USD0.{4}1066  BTC
5USD0.{4}5330  BTC
10USD0.0001066  BTC
50USD0.0005330  BTC
100USD0.001066  BTC
500USD0.005330  BTC
1000USD0.01066  BTC

Ethereum conversion tables

ETH to USD

Amount
28/04/2025 01:55 today
0.5 ETH
$897.05
1 ETH
$1,794.1
5 ETH
$8,970.5
10 ETH
$17,941
50 ETH
$89,704.99
100 ETH
$179,409.99
500 ETH
$897,049.95
1000 ETH
$1,794,099.9

USD to ETH

Amount28/04/2025 01:55 today
0.5USD0.0002787  ETH
1USD0.0005574  ETH
5USD0.002787  ETH
10USD0.005574  ETH
50USD0.02787  ETH
100USD0.05574  ETH
500USD0.2787  ETH
1000USD0.5574  ETH
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.