Status - More than a Wallet DApp
Introduction
With the hype and adoption of blockchain technology worldwide, people are exploring and searching which DApps and wallets to use. It is important to know which wallets are the most secure and most importantly how easy is to use to access the wallet. I have been only into Steem Blockchain and didn't have a chance to hold my coins into some other type of a wallet. Because I always believed that Steemit was a secure place to hold the coins and very easy to access. Just for curiosity, I have been reading about different wallets from different decentralized applications and how they function I witnessed that there are different methods of the wallets to access your wallet. With your phone number, with an email, with the seed codes, with different types of keys and so on. Okey, I get it the security is very important because we all read in the news time to time how the hackers steal money from the wallet of people. But this can be because they do not secure their wallets with the given chances by the side of the wallet. Before I start to present to you Status an Ethereum Wallet, I want to warn you please be careful where and how you store your keys which give you access to your wallet, just do not be another victim of thieves.
Let's explore Status - Ethereum Wallet
In the title of this blog post, you see that I expressed that Status is more than a Wallet because it has an application that can be used to communicate and chats too, so it has its own messenger. Where people create different tools to help each other with the information suddenly from the cryptocurrencies and investment world. People can make direct transactions to each other by having access to the revolutionary application of Dapps. And its other main feature is the decentralized web3 browser.
Private, Secure Communication
As mentioned Status has its own messenger, where the users of the messenger can chat with each other in the most secure and private way. Because it has a mission statement and a principle to:
Status strives to be a secure communication tool that upholds human rights. We enable community money, community law and through privacy, preserve culture.
With its own Open Source project status is trustable and can be checked by everyone if that's true or not, which I love it! For me personally always open source projects are one step further compared to the other similar projects or their competitors. Status was totally made by the contributors worldwide. People from different fields came across to develop, design and create to this open source network.
Moreover, in the chat, there are public groups, where people talk about cryptocurrency news. Also, people can have a 1;1 chat and send or receive payments directly.
Integrated Etheremu Wallet
Status is the wallet that is built on the top of Ethereum blockchain. And it has an integration with the transactions designed for Ethereum, erc20 and erc721 tokens. This wallet can be accessed by anyone anywhere, enough is to have a phone and an internet connection to be able to send, receive transactions or to chat in the messenger or surf in the web.
A Safe Wallet for everyone
What makes the wallet safe, is the removal of the intermediaries which makes the owners of the fund to be the only owners directly and under direct control. Where the owners have their own private keys to access their wallet and there is no middle man to be able to access the wallet.
Compatible with ERC20 and ERC721
Status supports tokens from Ethereum network, thus can be sent, stored or received confidently in Status.
Browser of Status - Web3
Status has the growing system of DApps, where with the Browser you can get information about the latest exchanges, markets, games social networks and so on. It is a private browser and secured. Secured in the way from data, it does not collect data of yours, while you can browse on your own terms.
Status for your Desktop
You can have the Desktop software on your desktop also. While you install and you can enjoy your time with the secured way for your private messaging. It is synced with your mobile account for a seamless experience.
To get it - click here
Build your own DApp
One more last thing about Status is that they offer an incubation program which supports early-stage startups if they have their own DApp, with the technical mentorship, legal things and regulations. Which fewer companies do that.
It doesn't matter if you have ios or android dapp, Status provides a community and tools needed. You can start having your own dapp and build a better web today with Status.
Conclusion
To conclude, I am amazed by this Decentralized Application and its power. It is very powerful, with its main features which I have shared all my thoughts on. With its brower3 which is secured and doesn't trace data, as we know the data is important and based on that we see this million of ads every day. Then with its Android and Ios applications where people can use it as a secured messenger and send transactions directly, that's totally amazing. I am not into a Ethereum Network, if I would own erc20 or erc721 tokens I would definitely use Status.
It is very much recommended by my side and I am fully satisfied with this DApp.
Check more DApps in State Of The DApps
State of the DApps is a not-for-profit curated directory of Decentralized Applications, also called DApps, which run on various several blockchains.
Read more here
Disclaimer: The content of this post is not intended as financial advice, please observe to do your own research.