Better Than WhatsApp? New Status Blockchain Based Messenger

Posted on the 27 March 2024 by Silverhanna

Have you ever heard about Status (SNT) ? This is completely new blockchain-based messaging platform built on Ethereum (ETH) network. Messaging platform is still now in its alpha phase, so you can only see how it looks like. There are now any live application yet. This will be a very useful decentralized tool.

This new solution can replace WhatsApp. Status has really amazing features.

First, the Status (SNT) messenger platform is decentralized

WhatsApp is a great tool because it encrypts all device-to-device messages. All message content is stored directly on your phone. But, unlike WhatsApp, Status (SNT) will bring messaging into the blockchain.

Now you can get such privacy level only with a VPN solution.

VPN for WhatsApp Why Do You Need It?

The Status (SNT) answer to WhatsApp is built for dApps and ERC20 trading

Imagine talking to a friend or colleague on your mobile messaging app and being able to instantly send them ETH - or any ERC20 token, for that matter.

That's a pretty sweet deal, because a lot of really popular altcoins have launched on the Ethereum network and there is a huge number of users worldwide. Think about it - Basic Attention Token (BAT), VeChain (VEN), TRON (TRX) and EOS (EOS) are all ERC20 tokens. That means that the Status coin app will be able to interact with all these coins.

The Status coin isn't performing too badly today, either

A lot of the top-valued coins on the market are in the red today. Bitcoin (BTC), Ripple (XRP), Cardano (ADA), IOTA (MIOTA), and all but four of the top 50 coins are lower than they were yesterday. Of the few successful coins, Litecoin (LTC) and Status (SNT) are leading the way.

In fact, SNT is the top gainer at the moment, according to CoinMarketCap.com. At the time of writing, this currency is up 26.5% and trading at $0.233. It's a really accessible price for small-time traders.

And, clearly, investors are getting excited about the potential of this app. Now all we need is a release date.

I wonder if WhatsApp is doing anything to prepare for this launch - prepping a crypto exchange feature, perhaps?