A DEEP DIVE INTO THE STATUS NETWORK ECOSYSTEM
For those that understand the crypto world and is in crypto communities, you must have heard of Telegram and how it is being used by different dApps and crypto projects to communicate important features in their platforms. Telegram may have good features, but it is still lagging behind in a lot of aspects.
People in the crypto world have been looking for crypto-alternatives that offer the benefits of a secure messenger and the perks of cryptocurrency. This is what Status offers.
Status is not the typical messenger, it is seen as the decentralized multi-purpose communication platform. On this platform, you have access to a highly secure messenger, Web3 browser, as well as a crypto-wallet. All of the above are secure with the state of the art security protocols used by Status.
Features on The Status Ecosystem
The Status Ecosystem is one of a kind and comes with incredible features that will benefit everyone, not minding what their needs are.
1. Public, Private and Group Chats
There is a public chat feature for users that want to air their views in public. Here, everyone sees what you post. For those users that want to chat privately, there is a private chat feature. Group chats are also available for those that want to create a group and invite specific people into it. You can disclose wherever you want there without being scared that strangers will access the information or your data will be sold.
Apart from that, you can effortlessly send and receive cryptocurrencies via private chats. Communication and transferring of funds can be done effortlessly at the same time.
2. Private Messaging with Waku
To protect your messages and privacy, Status uses Waku. It is a peer-to-peer (p2p) messaging protocol, which is designed to protect your privacy. What it does is that it removes the centralized choke points that have made it easier for messages to be accessed by unauthorized parties in common centralized messaging platforms.
3. A Secure Wallet
The fact that it is noncustodial means that the dangers that come with intermediaries are removed. Users have total control of what happens to their funds. No one else would have access to or hold your private keys for you.
In centralized platforms, it is possible to hear that funds of users have been stolen by unauthorized persons because the ecosystem of the custodial intermediary was breached. This can not happen in Status.
4. The Ecosystem Is ERC20 & ERC721 Compatible
You can easily have access to, send, receive or even store your ERC20 and ERC721 tokens in the ecosystem without worrying.
5. Interaction with Peers & DApps Is Easy on Status
Users can easily interact with decentralized applications and peers because the Status Wallet works with the browser and messenger. To ensure that phishing attacks are not successful on the platform, verification is done on all the transactions.
6. Have Access To A Reservoir of Decentralized Applications
When you use Status, it is easy to have access to numerous decentralized applications. You can have access to decentralized social networks, games, marketplaces, exchanges and so on.
7. Private and Secure Browsing
For those that want to browse the Internet in safety, the Status browser is here to help. It uses the state of the art security protocols in a bid to ensure you are safe. You don't have to worry about data collection, harvesting or being tracked. It offers users anonymity.
Conclusion
Status is here at a period that people are tired of using centralized messaging applications, where their data are sold or their messages are accessed by unauthorized people.
