Today we will analyze the State
The state [SNT] is one of the main features of Ethereum, through its application you can convert, navigate, send payments in a completely secure and decentralized way, with SNT and your smart mobile device becomes a thin client node in the Ethereum network, this allows us to access the complete ecosystem of ETH from any place, such as: Gnosis, uPort, Ethlance, Aragon, Ethrisc or Ujo, in the same way as with private accounts much more intelligent and pleasant than the traditional ones
State in its beginnings did not have the best beginning to be sincere, but as of the month of December it grew as the foam up to $ 0.60 and is currently at $ 0.223433 today, in a market in which currently the trend is downward, you can handle a large amount of volume in Upbit (Korean exchange), you can buy in Binance in the same way, currently ranked 30th in CoinMarketCap with a market capitalization of $ 775,420,604 and a amount of coins in a round that is around 3,470,483,788 SNT together with a total of 6,804,870,174 SNT.
Network data points to the creation of approximately 1.63tn of tokens, with sales of 3,341 accounts in the ethereum network.
However, during its initial sale it was quickly reduced to a measure that users started sending transactions to the smart contract address before it started. That backlog accelerated to a measure that more users tried to buy chips, causing reports of failed transactions and accusations that the sale itself was flawed from the start.
But it was not only the red one itself, the one that got stuck, according to the comments put on social networks.
The MyEtherWallet wallet service saw a big spike in activity, posting a notice on its website that said "if your [transaction] is not urgent, we recommend NOT SENDING TODAY".
Etherscan, a popular ethereum block explorer, had to change traffic to a backup site amid what founder Matthew Tan called "the hobby" among buyers.
This gives us a clear idea of the demand for an efficient and secure decentralized system for the Energy Network, and the confidence of investors in the goal of becoming a more open Internet and financial system through the new paradigm that Representative Ethereum .
In this analysis I will explain 3 important points about the status Status is a great project.
number 1
The state is a mobile operating system that allows to communicate with other users through private and group messages, implement smart contracts through messages and interact with the decentralized Ethereum ecosystem, including dApps and the related community. A complete ecosystem in the Etherium network from our mobile phone with the application, for both iOS and Android.
With this, you can connect other users in the nearby community, use and interact with applications and even upload your own application in the ecosystem for others to enjoy and take advantage of.
With Ethereum's dynamic ecosystem, this is a tremendous advantage that the State offers. Its all-in-one communication portal that revolves around the Ethereum network is the first of its kind and an incredible window to capitalize and become a market leader in this space.
The state offers through its operating system the ability to implement smart contracts easily and efficiently through a messaging service. This is a great step to carry out intelligent contracts to the mainstream and the ability to create and implement easily through a messaging service, without doubt lead to the implementation of smarter contracts in the Ethereum Network, thus raising the general value of the network.
In summary, the state brings great value to the community with its all-in-one communication portal that surrounds the Ethereum network from the comfort of our mobile phone.
number 2
State is revolutionizing in application ecosystems (decentralized applications in Ethereum) directly from your phone as well as the main iOS and Android applications.
This greatly strengthens the growth in which every day more projects and organizations participate that finalize and launch their blockchain-based projects.
Macroeconomic trends suggest that the dApps and dApp ecosystem will increase its popularity and rival the ecosystems of traditional centralized applications.
And it is very easy to upload a dApp to make sure that the users of Status can see it and interact with it. If you already have your dApp running with a URL, just copy and paste that URL in the @ browse function (in the Console tab) and bam your dApp will be accessible for Status users.
In summary, Status's ability to make access and load of Ethereum-based dApps efficient and effective is a great benefit for Status and will allow it to have an advantage in the dApp ecosystem market.
number 3
One of the advantages of Status is that they have their own hard and mobile NFC wallet (near field communication).
There is no other mobile or strong wallet that uses NFC technology to approve and send payments.
NFC technology is used in many point of sale locations to accept Apple and Android Pay, for example. Therefore, this could propel Status to be an avenue to spend cryptocurrencies both in physical stores and online. And a great benefit for the Hardwallet state is that it can store other cryptocurrencies in addition
of Status.
Therefore, any Bitcoin, Ethereum or ERC-20 token can be stored securely with Status Wallet.
In summary, the Hardwallet status is a great benefit, since it increases the value proposition of Status due to the safe storage capacity for the users and the ability to enable encrypted payments NFC puts Status and SNT at the forefront in the cryptographic space . driving a very promising future for the project.
With all this information, we can determine that the Status project, has been consolidated and managed to advance much further, so many investors make their commitment to this decentralized enterprise that promises to change the way we use the network through Etherium .
To add, Status has been named one of the most innovative projects in the world. During the 11th Annual Netexplo Innovation Forum, you can see COO Nabil Naghdy speaking live in Paris at the UNESCO House on February 13th. Very soon great news for Status is coming.
Attached official video of Status.
Posted on Utopian.io - Rewarding Open Source Contributors