Protected Messaging with Corey Petty
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Today on the Fortune Teller Podcast, we are talking with Corey Petty, Chief Security Officer of Status. Status is a protected messaging app, crypto wallet, and Web3 browser created with top of the line technology. All of this is incorporated into a strong app for private and protected communications. The status app incorporates an open-source, peer-to-peer protocol, as well as end-to-end encryption to secure your messages from third parties. The users control their messages, and can send 1:1 private chats, private group chats, and join or create public channels to connect with their communities. Seamlessly incorporated with the crypto wallet, Status lets anyone, anywhere, send global payments directly in a chat. Users even have the options to send expressive stickers without a middle man. In addition, users can create their own packs and earn SNT in the decentralized sticker marketplace. Some of the benefits of using Status include: No phone number, email address, or bank account required when creating your free Status Account. Removal of centralized choke points protects your messages from censoring third parties. Status is both free (libre) open source software that can be reviewed by anyone, and free (no cost) to install. By using a peer-to-peer network, not centralized servers for the exchanging of messages, communications are yours and yours alone. Status offers increased privacy with end-to-end encryption (e2ee) on all users private messages automatically. Only the user and their intended recipient can view the messages – not even Status. Status implements an adapted version of the double ratchet algorithm for perfect forward secrecy. Protect your past and future messages even in the event of your current encryption keys becoming compromised. Status implements Waku to give privacy-preserving routing and messaging on top of devP2P. Waku uses topics to structure users messages, and these are rendered for all chat capabilities. As anyone can receive Waku envelopes, it relies on the capability to decrypt messages to determine the correct recipient. This is in order to provide routing, metadata protection, topic-based multicasting and basic encryption properties to support asynchronous chat. Other popular messaging apps--including Signal and Telegram—have clients talk to servers which are generally trusted, available and aware of how to route messages to other clients. Status messenger, however, uses decentralized P2P networks which don’t have servers and clients. Decentralized P2P messaging aims to remove centralized intermediaries, removing of single points of failure and increased resistance to censorship. Messages hop across multiple peers and proceed to hop even after reaching their recipient because peers do not know who the intended recipient is. To learn more about Corey Petty visit: Company Website: https://status.im/ Facebook: https://www.facebook.com/ethstatus Twitter: https://twitter.com/ethstatus YouTube: https://www.youtube.com/statusim LinkedIn: https://www.linkedin.com/company/status.im/ -- The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/
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