What is Status? - FAQ

I thought you guys could be interested in this new project based on the Ethereum network, which is called Status.

„Status is an open source messaging platform and mobile interface to interact with decentralized applications that run on the Ethereum Network.” (quoted form https://status.im/whitepaper.pdf 11.June.2017 17:40 MESZ)

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Disclaimer:

1. I’m am not an employee of Status
2. All Screenshots are take from https://status.im
3. I do not grant for the accuracy of my information
4. Bare in mind that all links are external!!!
5. For more detailed information take a look the website or the whitepaper https://status.im
6. Keep in mind that everything you do concerning crypto coins is on your on risk!
7. If there is anything wrong in here do not hesitate to contact me on here on Steemit @newnils

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Status FAQ V1.3

Is there a video?
Take a look at this one from Status:

What does Status want to solve?
Status wants to solve the problem that we (the users) have different identities all over the internet. It criticized that we have spreaded to many personal information all over various platforms. Status wants to create a digital hub where we can use various services based on the Ethereum Network.

What is the functuality for SNT:

• Governance over the Status Client
• Username registration over ENS
• Community curation and content discovery
• A Decentralized Push Notification Market
• The Status Teller Network
• The Status Sticker Market
• The Status DApp Directory
• Access to features such as Tribute to Talk
• The Status Acquisition Engine (Research)
  (Thanks to @hutch [ https://status-im.slack.com/archives/C3NRE0L3U/p1497214136152407 ])

How does Status wants to solve this problem?
Status is an Ethereum based platform. You can say that Status is a digital hub for apps based on the Ethereum blockchain.

Who are the core contributors?

What is Ethereum?
Ethereum is a decentralized database which stores information about past transactions and smart contracts between users of the Ethereum blockchain. Ethereum stores the data on a globaly spreaded peer to peer network. For more information about Ethereum, check out. https://www.ethereum.org/

Who owns Status?
Status is owned by the company Status Research & Development GmbH based in Switzerland and by its contributors who buy SNT (Status Network Token)

It is said that Status is in the App is in the Alpha phase. How can I test it?
Take a look at here: http://contribute.status.im/

Is there an Android Alpha?
Yes there is. Take a look here: https://test.status.im/

Is there an Apple Alpha?
Yes there is but unfortunately there are no slots for the Alpha due to a limited amount of codes.

What is the DApp Directory?
The DApp Directory can be compared to an App Store where you can search for applications based on the Ethereum blockchain.

What apps can I use within Status?
On the website it is said that „uPort, Gnosis, Oasis Exchange, Ethlance, Aragon, Etherisc and Ujo” can be used.

How can I contribute to Status?
http://contribute.status.im/

Okay but how can I contribute by doing things for the community?
There are quite a few things you can do. Take a closer looks at these:

• Short outline (Thanks to @etherumnick )
• Create a Status related Meme
• Create a Status related Gif
• Take a photo of you showing Status off on Twitter or Instagram
• Write Status related Blog post for bonus points - Put it on a page/channel with >5K followers
• Create a video related to Status for bonus points - Get more than 1K views
• Translate a Status Blog post or Docs into another language
• Contribute to the wiki / Documentation
• Contribute to our codebase directly

How can I buy SNT
There will be a Contributing Periode starting on June 17th 2017 at 2pm GMT (UTC+0), which will end on 1st July 2017 at 2pm GMT (UTC+0) or before when some goals are achieved. (http://contribute.status.im/)

Can I buy SNT on an exchangen?
At the moment there is only the way to contribute to the project or to buy SNT during the Contributing Periode.

Can I buy SNT on an exchange in the future?
It depends on the exchanges (eg. Pollinex, Bittrex and so on) wheather they are going to add SNT to their exchange. (Thanks to @sebastian [ https://status-im.slack.com/conversation/status/p1497228345038494 ])

What will be the exchange rate?
10,000 SNT per 1 ETH

Is it possible to buy less then 10,000 SNT?
You will be able to buy a minimum of 0.01 ETH which will be 100 SNT.

What is ETH?
ETH is the coin based on the Ethereum network

What do I need to buy SNT?
You need an Ethereum wallet and ETH to buy SNT and receive it.

What are SGTs?
Status Genesis Tokens are a way to say thank you to community contributors. SGT can be redeemed for SNT after the Contribution Period has been finalised. (Thanks to @jan_detlefsen [ https://status-im.slack.com/archives/C3NRE0L3U/p1497200605251839?thread_ts=1497199964.208591&cid=C3NRE0L3U ])

How do I get an Ethereum wallet?
You can check out MyEtherWallet (https://www.myetherwallet.com/) or Mist by the Ethereum network (https://www.ethereum.org/)

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If you have any further questions do not hesitate to ask them in the comments or the Slack channel so I will try to answer them.
For a closer look you should check out the white paper by Status [ https://status.im/whitepaper.pdf ]

Thanks for reading,
newnils

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Nice to know:
Status: https://status.im/
Status FAQ: https://wiki.status.im/getting-started/faq/#faq
Status Blog: https://blog.status.im
Facebook: https://www.facebook.com/ethstatus
Slack: http://slack.status.im/
Twitter: https://twitter.com/ethstatus
Github: https://github.com/status-im
Reddit: https://www.reddit.com/r/statusim/
Youtube: https://www.youtube.com/statusim
Wiki: https://wiki.status.im/