What is Status?
Status is a mobile operating system that will completely change the way the world interacts with the Ethereum network. Designed as a decentralized browser and private messenger, Status allows you to connect to the entire Ethereum network right in the palm of your hand.
Operating as a light client node on Ethereum, Status provides you access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.
Smartphone users will quickly realize that utilizing Ethereum and its dapps has never been so easy and convenient.
How Status is Reinventing Social Networks
The Status network breaks the unbalanced architecture of legacy social media platforms. These traditional networks give almost all control to owners and advertisers; users are left with little power over what personal information they share. Additionally, legacy users have little voice to influence the evolution of the platform.
Legacy Social Network Design
Social networks today consist of three basic parties: the owner, the advertiser, and the user.
The owner is normally the creator of the network. The owner’s main two roles are to recruit and retain users to the social media platform. After bringing users into the network, they focus on extracting value from users.
The advertiser, referred to as the data broker by Status, enables the owner to extract value from the network and its users. The advertiser plays a key role in ultimately sustaining the social media network by purchasing user data or purchasing ads for products and services.
Users are those who use social networks to connect with friends or to share their own special interests. In this model, users are almost powerless to control how the network is developed or the information they consume.
The Status Mobile Ethereum Client
The Status application is currently available for both Android and iOS. To download on an Android device, simply search and download Status from the Google Play store.
Downloading it on your iPhone takes a few extra steps; the application hasn’t made it to the Apple App Store just yet. To download, just head over to Status’s website and follow the directions its homepage.
How to buy sell Status (SNT) directly in INR?
You can buy Status (SNT) from BuyBitcoin. BuyBitcoin is the Indian exchange listing maximum number of cryptocurrencies and with the following features.
TRADE STATUS ON BUYBITCOIN
- You can buy/sell and trade 30+ coins which are listed on the platform.
- Live trading 24/7 with zero buy sell price difference.
- Open order book support, so you can set your buy and sell orders to a rate different from the market.
- Secured with utmost standard of the industry.
- Our 24/7 customer support team is always there to help you out.