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Status

SNT

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Status Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BinanceSNT/USDT0.034,065.3328,245.484.86 M0cex686.894/16/2025, 4:59 AM
UpbitSNT/KRW0.0369,345.38260,599.132.35 M0.27cex5447/9/2025, 6:23 AM
HTXSNT/USDT0.031,912.9117,062.391.75 M0.09cex3827/9/2025, 6:23 AM
HotcoinSNT/USDT0.02591.73557.35820,561.080cex14/15/2025, 12:29 PM
GroveXSNT/USDT0.03273,053.01364,616.21722,096.120.06cex4317/9/2025, 6:18 AM
DigiFinexSNT/USDT0.039.6418690,594.140.07cex117/9/2025, 6:18 AM
BithumbSNT/KRW0.0324,255.6238,016.48679,623.020.13cex5147/9/2025, 6:20 AM
BitMartSNT/USDT0.031,803.762,933.64632,563.250.04cex27/9/2025, 6:21 AM
BitgetSNT/USDT0.0339,979.9666,621.22553,568.390.03cex4637/9/2025, 6:24 AM
GateSNT/USDT0.0327,235.8636,154.29504,534.720.02cex4557/9/2025, 6:23 AM
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Status FAQ

What is Status (SNT)?

Status is classified as both a mobile and desktop operating system and a decentralized browser that includes a messaging system. This setup enables users to engage with a network anytime and from any location. Status was initially launched in June 2017. Functioning as a lightweight Ethereum node, it provides users with access to all Ethereum decentralized applications (DApps) through an application installed on their mobile devices, such as phones or tablets. Consequently, users can send encrypted messages and access decentralized applications, including a cryptocurrency wallet. For comprehensive information on Status, please refer to Eulerpool.

Who Founded Status?

The Status network was established by Carl Bennetts and Jarrad Hope, who previously managed a software distribution company. Together, they had collaborated for over six years on various projects. For three of those years, they successfully operated a software distribution network that facilitated over 20 million software installations. All profits from this venture were reinvested into their future projects. This experience provided them with a distinctive insight into the buying and selling of personal data on the internet, as well as the processes involved in acquiring and retaining users.

What Distinguishes Status? Status is a notable cryptocurrency with distinct features setting it apart in the blockchain ecosystem. Its decentralized platform combines a private messenger, a secure crypto wallet, and a seamless Web3 browser, striving to provide a unified experience to users. Known for prioritizing privacy and security, Status allows peer-to-peer messaging, ensuring that users have control over their data. Additionally, it emphasizes the power of personal choice through an open-source framework, enabling developers and users to contribute to its growth and adaptability. For an extensive overview of Status and its market position, refer to Eulerpool.

Status (SNT) is an open-source messaging platform and mobile interface that enables users to interact with decentralized applications (DApps) operating on the Ethereum blockchain. This interface provides access to over 2,000 DApps, allowing users to send and receive encrypted messages in a peer-to-peer manner, make payments, and utilize smart contracts. The platform employs Status Network Tokens (SNT) as its native currency. The primary objective of Status is to facilitate faster and more efficient adoption of Ethereum DApps. Furthermore, the platform incorporates a users-as-stakeholders model, aligning the network's behavior and software with the interests of individual users. Through the efforts of contributors conducting research on crypto-economic models and leveraging peer-to-peer technologies, the Status Network strives to maintain a healthy ecosystem.

What is the Current Circulation of Status (SNT) Coins?

The circulating supply of Status (SNT) presently stands at 3,470,483,788 SNT with no defined maximum supply. As of February 2021, the market capitalization is approximately $187,525,492 USD. Status (SNT) is an ERC-20 token utilized to access and facilitate decentralized services within the Status Network. It is an open-source project, allowing for customization according to specific requirements and is verified by the Messari Disclosures Registry.

How is the Status Network Secured?

The Status network aims to be a truly decentralized communication tool designed to eliminate third parties and minimize attack vectors exploitable by malicious actors over time. Messages within the network are neither blocked nor censored and can be sent pseudo-anonymously if the user opts for this feature. The Status wallet allows users to send, store, and receive cryptocurrencies and tokens while ensuring that private keys remain secure and unexposed. Users can navigate through Web3 without their data or browsing information being accessed by third parties. A user’s identity within Status is established through a locally generated cryptographic keypair, secured with a password. Status employs the Waku protocol for peer-to-peer communication, utilizing a network of peers to manage message routing. The platform ensures default end-to-end encryption and perfect forward secrecy through the implementation of X3DH and Double Ratchet protocols as developed by Open Whisper Systems. Cryptocurrencies are stored in a non-custodial wallet, with a signing phrase to safeguard against phishing attacks.

Where Can You Purchase Status (SNT)?

The Status Network Token (SNT) is a versatile utility token that powers the entire network. While it is free to use and communicate within the network, possessing SNT is necessary to utilize certain features of the Status Mobile Ethereum Client. The leading cryptocurrency exchanges for purchasing, selling, and trading Status (SNT) are: - Bittrex - OKEx - ZG.com - BiONE - Upbit - Bithumb Below is a step-by-step guide designed to educate you about cryptocurrencies and assist you in purchasing your first coins.

Investors interested in Status are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.