Status (SNT)

101 Articles 7 Followers

Status (SNT) is an open source, decentralized messaging application, crypto wallet and Web 3.0 browser built on top of a blockchain network. The platform was launched by Carl Bennetts and Jarrad Hope in 2017. SNT is a utility token that offers holders a variety of privileges.

Aiming to be a “secure communication tool that upholds human rights”, Status operates as a light client node on the Ethereum blockchain, and is something like an operating system that gives users access to all of the decentralized applications (dapps) on the Ethereum blockchain. The target market is smartphone users - any of whom can access the Ethereum dapp directory through the Status application. The latter is available on both Android and iOS.

Status also emphasizes the social nature of the platform. Instead of advertisers or money pulling the strings when it comes to what content is shared, it is the holders of SNT tokens who become the major stakeholders in the network and decide how the network is governed.

There are a few areas that development can be broadly categorized into: core development, SNT utility, research and “essentials.” The team, which itself is quite decentralized, is currently working on particular goals in each of these categories, including network incentives, token economics, the browser and the wallet. 

2019’s list of milestones include significant development on Nimbus, a client focused on scaling using the sharding technique, a dapp discovery feature and improvements to different versions of the Status application.

Coinbase Card vs Keycard: What's the difference?

30 Oct 2020 3 minute read 1 comment Status Community Updates

Coinbase has recently announced its new Coinbase Card to customers in the US, described by The Verge as a card that allegedly “eliminates the middleman.” It bears a strong resemblance to the privacy-preserving Keycard hardware wallet, and makes use o...

V1.8 Release - More people, more private & bug fixes

24 Oct 2020 1 minute read 0 comments Status Community Updates

With the v1.8 release, Status aims to improve your control over your communication and your finances. Private group chats, which not only end-to-end encrypt all messages, but also keep the members of the group private, have doubled their capacity, no...

Status Community Spotlight: Malik

17 Oct 2020 4 minute read 0 comments Status Community Updates

“Blockchain fights for the user in the hyperreal Metaverse.” An ongoing goal for Status is to be a decentralized organization that relies on open source contributions from a broad, global community of invested individuals. We are always working to mo...

Status AMA Recap – Vitalik Buterin

17 Oct 2020 12 minute read 0 comments Status Community Updates

On Thursday October 8th, we hosted an AMA with Vitalik Buterin. It all took part inside of the Status public channel #status. We started running these AMAs within the app as a means of enabling anyone, anywhere to ask questions and get their answers...

Staking XDai Stake with the Status App

13 Oct 2020 1 minute read 0 comments Chris24

This article intends to brings together two projects that I am excited about, and so I want to share the wealth with more of you out there. I recently learned of xDai and xDai Stake in a defi chat on the Status App, so I had to investigate. You can a...

#AavexStatus Sticker Design Competition - We have a winner!

12 Oct 2020 1 minute read 0 comments Status Community Updates

Status and Aave are proud to announce that we have a winner for the #AavexStatus sticker competition! The top ten submissions were selected based on a shortlist compiled by the Aave design team and a vote via both Twitter and the Status public channe...

V1.7 Release - iOS Notifications, Mentions, Nicknames & More

1 Oct 2020 1 minute read 0 comments Status Community Updates

Building a messaging app that lives up to the strict privacy and security standards of the Status community is no easy feat. Status had to rethink the implementation of some seemingly standard features in order to adhere to our principles. Version 1....

Status x Gitcoin: Grants On The Go

25 Sep 2020 2 minute read 0 comments Status Community Updates

With all the recent fast finance games we’ve been seeing in the DeFi space, we felt the need to make giving just as simple and quick as all the taking.We are therefore excited to announce that we’re partnering with Gitcoin to make contributing to Gra...

Aave x Status: Sticker Design Competition

22 Sep 2020 2 minute read 0 comments Status Community Updates

To celebrate the launch of our Status x Aave partnership, we thought it would be a great idea to bring some sticker fun to the proceedings. Introducing the Aave Community Sticker Design Competition starting today, Tuesday September 22nd 2020, with a...

V1.6 Release – The Start of an Android Referral Program & Bug Fixes

15 Sep 2020 1 minute read 0 comments Status Community Updates

Status v1.6 introduces some bug fixes, and the start of a privacy preserving referral service on Android. Status has made significant strides in usability in the previous releases – you can invite your friends, send images, audio messages, react with...