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.


Nimbus: March Update

28 Mar 2020 2 minute read 2 comments Status Community Updates

First of all, we hope you and your loved ones are keeping safe in these surreal times. In the hope of giving you a brief respite from all the madness, here’s our March update. Spec changes The big change here has been the merging of the BLS changes,...

STATUS (SNT) Messenger App of Blockchain in Future?

19 Mar 2020 1 minute read 2 comments CryptoPk

Status (SNT) has been my favorite cryptocurrency so far and I have believed in its future of being the leading messenger app of the mobile industry in the future of Artificial Intelligence and Blockchain.  As of writing, this post Status (SNT) is sti...

#EverythingStatus

15 Mar 2020 2 minute read 2 comments Status Community Updates

ANNOUNCING THE NEW STATUS PODCAST Today we’re happy to announce the launch of our new community outreach effort from the Status Network. Less than three months ago we announced the launch of our Discord community and thanks to Jakubgs the 🧙we have br...

Uniswap: Unstoppable Exchange

13 Mar 2020 2 minute read 2 comments Status Community Updates

Uniswap is one of the most well-known and popular DeFi applications on Ethereum. It's an unstoppable decentralized exchange. Uniswap gives Ethereum users the ability to swap ETH and Ethereum-based ERC-20 tokens like SNT with any other Ethereum-based...

Inside the Non-Custodial Wallet

13 Mar 2020 5 minute read 0 comments Status Community Updates

Status is an open source, decentralised messaging platform, non-custodial crypto wallet, and web 3.0 browser, designed to act as a network node which interacts with decentralised applications (DApps) that run on the Ethereum network. Status is an ope...

What's with DeFi and Money Legos?

11 Mar 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...

Breaking Down the Private, Secure Messenger

9 Mar 2020 10 minute read 0 comments Status Community Updates

Status is an open source, decentralised messaging platform, non-custodial crypto wallet, and web 3.0 browser, designed to act as a network node which interacts with decentralised applications (DApps) that run on the Ethereum network. Status is an ope...

Town Hall #52 - March 2, 2020

2 Mar 2020 1 minute read 0 comments Status Community Updates

This Town Hall, we hear from Status App Tech Lead, Andre Medeiros, Shiraz of the People Ops Team, Jonny from Marketing, and Guy-Louis for a Keycard update   Communicate with confidence. 😊Start now, download Status app! 😉 https://join.status.im...

Let us know about Status(SNT) and its benefits.

2 Mar 2020 1 minute read 2 comments Status Community Updates

A short introduction of Status history Status was officially announced to the public on May 29, 2017. Co-founders Carl Bennetts and Jarrad Hope shows a presentation exposing the plans for their Ethereum light client which held at DevCon2, an annual c...

Mobile DeFi: Advanced financial tools in your pocket

25 Feb 2020 3 minute read 0 comments Status Community Updates

The Status Network set out a goal to bring Ethereum and the world of DeFi to mobile devices. We’re opening access to the incredible world of financial tools for any person to use without relying on banks or third party brokers. In this series we'll r...