The term “canon” means rule, reed, or standard. We often refer to the Scriptures as the canon of Scripture. This is to say that the Scriptures are the rule, the reed, and the standard. Just as the Triune God is the archetypical Rule, Reed, and Standard so also the Scriptures are rule, reed, and standard. As the London Baptist Confession puts it,
“The Holy Scripture is the only sufficient, certain, and infallible rule of all saving knowledge, faith, and obedience.”London Baptist Confession, On Holy Scripture 1. i.
Note the orthodox formulation concerning the extent of this rule. It is not merely infallible in issues of salvation but also in issues of faith. Indeed, the canon of Scripture reminds us that “whatsoever is not of faith is sin” [Rom. 14:23]. This is to say that Scripture is the standard for an entire life lived in faith not only the standard for salvation. Remember the words of the apostle Peter in that the Scriptures have given unto us “all things that pertain to life and godliness” [II Peter 1:3]. Furthermore the Confession goes on to say that the Scripture is canon for all obedience and our obedience is born from love. As Christ says, “If ye love me, keep my commandments” [John 14:15]. Scripture is the measure and rule of all means of salvation, right living, obedience, and love.
Furthermore such an appeal to “standard” should not come as a shocker for so many of the believing community in that they read the English Standard Version or the New American Standard Version or the Christian Standard Version. I hope you see the theme here. It seems the editors of these versions hope, even aim, for a standard. But are these versions the standard? Nope, at least not in the sense of canon. In what sense they are “standard,” we are unsure.
It seems then that Standard Sacred Text folks (i.e., KJV Only folks and Confessional Bibliology folks) as well as ESV, NASB, and CSB folks [at least] seek some kind of standard. It seems then that a large cross section of Christians desire such a standard. On this point we can agree toward a same goal. StandardSacredText.com exists to realize that goal or at very least assist in realizing that goal.