Unlock a Digital World in Your Pocket: Discover the Revolutionary App that’s Changing the Game!

Jesiel Deshpande
3 min readDec 13, 2023

--

Hey Everyone. It’s another day of grinding and finding new stuff online. What’s cool about what I do for work is I keep browsing the internet for a whole day. Sounds boring right? I know, it is but sometimes it’s really interesting and fun.

Alright, speaking of browsing the internet, have you heard of Status or SNT? I bet you have, they are currently ranking top 200 in Coinmarketcap. But if you haven’t let me tell you more about it. Trust me its interesting.

Vividly picture this: it’s both a mobile and desktop operating system, kind of like a web browser, but it’s remarkably decentralized and comes with an innovative messaging system. You can conveniently use it anywhere, anytime. It first intriguingly popped up in June 2017.

Envision it as a mini version of the Ethereum network that you can effortlessly carry in your pocket. You can swiftly download an app on your phone or tablet, and voila! You’re instantly connected to a myriad of Ethereum decentralized apps (DApps). It’s like having a magical key to an entirely new world where you can send secret messages, explore different apps, and even possess your own cryptocurrency wallet.

So, what’s so uniquely special about Status? It’s an open-source messaging platform that allows you to engagingly chat and interact with DApps on the Ethereum blockchain. Just imagine having access to over 2,000 DApps, sending encrypted messages directly to others, making secure payments, and utilizing smart contracts. The network boasts its own currency called Status Network Tokens (SNT). The overarching goal is to significantly simplify and expand the use of Ethereum DApps.

Users influentially have a say in how the network operates, smartly aligning it with their interests. There’s continuous, in-depth research into crypto-economics and advanced peer-to-peer tech to maintain the network’s robust health and user-friendliness.

Regarding the coins, there are about 3.47 billion SNTs in circulation as of February 2021, with no maximum limit set. They’re collectively valued at around $187.5 million. SNT is an ERC-20 token, integral to the Ethereum network, and it dynamically powers all the decentralized services within Status. Being open-source, it offers the flexibility for anyone to creatively adapt it to their specific needs.

In terms of security, Status aspires to be thoroughly decentralized and impeccably secure against any attacks. Your messages are reliably safe, uncensored, and you can opt to remain anonymous. It enables you to manage cryptocurrencies securely in its wallet, ensuring your private keys are meticulously protected. It employs Web3 for browsing, completely free from third-party surveillance.

Your identity in Status starts with a cryptographically generated keypair on your device, securely safeguarded by a password. It utilizes the Waku protocol for robust, peer-to-peer communication. Plus, it boasts state-of-the-art encryption to ensure your chats remain confidential.

So, where can you eagerly get your hands on SNT? It’s a vital part of the network, used for various features. You can buy, sell, or trade it on leading crypto exchanges like Bittrex, OKEx, ZG.com, BiONE, Upbit, and Bithumb.

And that’s the captivating story of Status — it’s like a small, powerful gateway to a decentralized digital world, right in your pocket!

Loved what you read? Keep my coffee cup overflowing and the articles coming! ☕ Support me here!” 🌟

Get stories like this delivered straight to your inbox for free and become part of our community of over 1.8K subscribers! Sign up here! 📧

Searching for the perfect remote job opportunity? Follow me on Twitter @jsiel_d for the latest remote job listings from Joba Network!

Ready to see your project in the spotlight? Slide into my DMs and let’s make it happen! 🌟📩

--

--

Jesiel Deshpande
Jesiel Deshpande

Written by Jesiel Deshpande

Content & Social Lead at Joba Network | Account Manager at Autowhale | The Reply Gal | Ex BD at Liquid Global & Autowhale | Kpop fan | Book Lover

No responses yet