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.

Peer-to-Peer Messaging – Where Whisper Falls Short and Waku Picks Up

8 Apr 2020 6 minute read 0 comments Status Community Updates

Status v1.2 is a significant milestone in the development of the private messenger, integrated crypto wallet, and secure web3 browser. It introduces Waku – a fork of the previously used peer-to-peer messaging protocol Whisper. Waku aims to solve some...

v1.2 Release - Waku Servers & Scalability

7 Apr 2020 1 minute read 0 comments Status Community Updates

This release is one of the most important in Status’ history. The change log is small, but significant. Today we’re rolling out new mailservers that use our fork of the Whisper messaging protocol, known as Waku. Waku mailservers prevent Status from u...

Status Launches Private Peer-to-Peer Messaging Protocol

7 Apr 2020 2 minute read 0 comments Status Community Updates

iOS and Android app brings benefits of blockchain to regions with unreliable payments systems, censorship, and surveillance Zug, Switzerland – April 7, 2020 –  The Status Network, a blockchain infrastructure builder, has released version 1.2 of its f...

What's with DeFi and Money Legos?

3 Apr 2020 3 minute read 0 comments Status Community Updates

You may notice that conversation about DeFi on crypto blogs and Twitter often uses the term money legos. The DeFi community is especially excited about this idea as it exemplifies one of the leading Ethereum memes programmable money. But what do mone...

PoolTogether: A DeFi Pool Party

3 Apr 2020 2 minute read 0 comments Status Community Updates

No-Loss Lottery. It's a lottery where the money you put in, you get back, win or lose. And if you win, you win a prize on top of your funds. It's simple, it's cool, it's DeFi, and it's on the mobile Status App. PoolTogether is a DeFi no-loss lottery...

The Surveillance Economy & Why Privacy Really Does Matter

2 Apr 2020 4 minute read 0 comments Status Community Updates

Privacy is a basic human right – and one that is coming under constant attack in the modern digital age. According to the United Nations Universal Declaration of Human Rights:  "No one shall be subjected to arbitrary interference with his privacy, fa...

The Defiant’s DeFi10 Fund by Camila Russo

2 Apr 2020 7 minute read 1 comment Status Community Updates

The Defiant is the best daily email roundup with DeFi news, analysis, guest interviews, and more content around the rapidly growing DeFi space. At the start of 2020, The Defiant author Camila Russo took $1000, and put it into ten different DeFi platf...

Town Hall #54 - March 30, 2020

31 Mar 2020 1 minute read 0 comments Status Community Updates

Here's a recap of our latest Town Hall - we've got updates from Recruiting, Core, Marketing, Embark & Keycard for you - enjoy! Here are the slides. People Ops // Hiring We're hiring in design, growth marketing, and protocol engineering Recent hires...

#stick2web3 Sticker Design Competition - We have a winner!

30 Mar 2020 1 minute read 0 comments Status Community Updates

In our most successful community voting campaign ever, Status, Pictosis, OpenSea, Meme Factory and ENS are proud to announce a winner for the #stick2web3 sticker market competition. Congratulations to Dogeth for getting 1715 total votes as our first...

Status: Can it live up to it’s name *privacy*

30 Mar 2020 3 minute read 0 comments Status Community Updates

The project Status is lowkey on the scene and that’s the way to get things done. You may have not even heard of them, but have seen them moving up the rank on CMC but didn’t take a deeper look. The project has been arou...