Status is an instant messaging network and a cryptocurrency SNT. The Status application allows you to send and receive encrypted messages, smart contracts and payments, interact with decentralized applications and chats, store and control crypto assets.

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Status Weekly Roundup: Wallet team

Our Wallet team is back with updates! Now, in addition to the ability to send ERC20 and ETH tokens, the Status Wallet supports sending NFT tokens.

We are also in the process of building the functionality needed to ensure that all ERC20 tokens minted by Status Communities (using Status’ token minting tool) are correctly displayed in your Status Wallet.

Because:
👉 Status is permissionless
👉 There can be an indefinite number of Status Communities
👉 Any Status Community can mint any number of different tokens (remember, Status is permissionless!)
👉 ‘Status community-minted’ tokens most likely won’t be featured in the Uniswap token list
👉 Following our principles, we reject the idea of any centralised solution to this problem

Solving this has been quite a challenge! However, we’ve found a fully decentralised and permissionless solution, and we are busy implementing it 🙂

#EthStatusProgress

Status Weekly Roundup: Wallet team. Our Wallet team is back with updates.