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.


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...

5 Crypto Projects Under $0.1 With Huge Potential

24 Apr 2020 20 minute read 28 comments CryptoChartWizard91

Hello, traders! Today I would like to present to you 5 cryptocurrency projects that are priced underneath $0.1 with HUGE potential ahead of themselves. When people see a coin priced at $0.1 they tend to see dollar signs in their eyes as they believe...

The Secure Messaging App Of The Future

23 Apr 2020 9 minute read 0 comments Status Community Updates

Something very interesting is happening on a global scale for the once taken-for-granted "text app". Most obviously, of course, is the fact that a secure messaging app isn't just about basic text anymore - what sort of data they're expected to handle...

Totle Swap: Comparison Shopping for Crypto Swaps

14 Apr 2020 2 minute read 0 comments Status Community Updates

There are many tokens available in crypto. New-to-crypto people can often get confused trying to navigate the various coins, platforms, and projects and how to get involved. But tokens are one of the best killer apps of crypto, and having access to t...

Nimbus update: April 10

11 Apr 2020 3 minute read 0 comments Status Community Updates

April milestones Our main goals this month are the following:   Implement specification v0.11.1 Our main focus this month is implementing specification v0.11.1  in order to be ready for the multi-client testnet (later this month?). v0.11.1 is an espe...

DeFi with Aave: Open Source Borrowing & Lending

11 Apr 2020 2 minute read 0 comments Status Community Updates

It's always fantastic to see options growing in an emerging market. It's competition, collaboration, and expanding an industry where there is appetite for new products. Aave is a prime example of this in the open lending DeFi space. Aave brings a com...