Status (SNT)

106 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 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...

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 b...

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...