Status (SNT)

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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.


Using The Status Wallet

25 May 2020 3 minute read 0 comments Status Community Updates

Learning about crypto for the first time is usually somewhat a complicated & difficult journey. In a bid to help new members joining the Status community, I'll be writing a series of articles explaining some of the basic things you need to know to ge...

Top 3 on Dap.ps - Status Staking Report on Dap.ps

25 May 2020 3 minute read 1 comment Status Community Updates

Background The Status Network is a model of products, tools, and infrastructure designed to work together to create a sustainable technology system for anyone to use. Dap.ps is an independent project in the Network that gives creators a place to post...

Top Things You Should Know About Status (SNT)

12 May 2020 11 minute read 8 comments MuyAsk

Hey guys :) Today I’ve got something special for you. I’ve compiled a comprehensive list of questions and answers for one of the hottest cryptos as of late – Status (SNT). In this piece I dive deep, divulging everything you need to know about the Sta...

Assemble on the front lines of Covid-19 relief

8 May 2020 1 minute read 0 comments Status Community Updates

Earlier this year , The Status Network introduced Assemble, a decentralized crowdfunding platform. Completely open source, Assemble connects a growing community of project creators with funders from around the world. Assemble was primarily created as...

DeFi & DAI with the Status Messenger Wallet

6 May 2020 2 minute read 0 comments Status Community Updates

Decentralized finance (DeFi) is an umbrella term that could refer to a lot of cryptocurrency. After all, holding ETH instead of a fiat-backed currency is a way of altering one's financial portfolio with a decentralized asset. But DeFi as we know it t...

The Status Principles Webinar

6 May 2020 11 minute read 0 comments Status Community Updates

Status strives to be a secure communication tool that upholds human rights. We enable community money, community law and through privacy, preserve culture. Our principles act as tools. Tools for thinking, for communication, and for decentralized deci...

4 Crypto Projects That Were Eating Dirt After 2018 Crash But Now They are Back

4 May 2020 9 minute read 8 comments CryptoChartWizard91

Howdy! Today I would like to discuss something extremely interesting that has popped up on my radar with a few certain coins.  The thing that these coins have in common is the fact that they were eating dirt during 2018 until late-2019 as they tanked...

4 Crypto Projects Vitalik Buterin Keeps Talking About

4 May 2020 7 minute read 11 comments kevW!ls0n

MakerDAO Maker is the largest DeFi (Decentralized Finance) platform in the cryptocurrency industry, holding a total of $447 million locked within its smart contracts at the moment of writing: source: https://defipulse.com/maker It is a platform tha...

v1.3 - Dark Mode, Group Chat

27 Apr 2020 1 minute read 0 comments Status Community Updates

In version 1.3, Status catches up to the most important design trend in recent history with the introduction of a dark mode. Hyperbolic? Perhaps, but we’ve heard your requests and we made it happen. Your app’s appearance will now default to match you...

Status Core Dev Update - 4/20/2020

24 Apr 2020 9 minute read 0 comments Status Community Updates

Core Dev 28 - Reboot Status Core Devs meet bi-weekly. This summary rounds up their notes. Meeting Date/Time: Monday 2020-04-20 at 12:00 UTC Meeting Duration 1.5 hours Video stream: The full list of Core Dev meetings can be found on GitHub. Agenda...