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Sentinel

DVPN$0.00
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Price Data

Analysis

Trade

Osmosis: ibc/97...3B84

Market Cap

22135335
#1224

All-Time High

0.050557

All-Time Low

7.20305e-10

Fully Diluted Valuation

32341576

Circulating Supply

20435533665.2351 (68.44%)

Total Supply

29858025013

Performance since ICO

CurrencyUSDBTCETH
ROI-52%-95%-95%

Sentinel: Pioneering Decentralized VPN Services

Sentinel is an innovative open-source platform that is transforming the realm of decentralized services by focusing primarily on decentralized Virtual Private Networks (dVPN). Using a network of nodes built on the Cosmos blockchain, Sentinel enables the creation of dVPN applications that offer more robust security and privacy compared to traditional VPNs. The platform not only allows for the development of dVPNs but also provides a marketplace for bandwidth, making it a crucial player in the Web3 space.

Key Features of Sentinel:

  • Decentralization: Unlike traditional VPNs that are centrally managed, Sentinel operates on a decentralized model which enhances user privacy and reduces reliance on any single entity.
  • Open Source: Transparency is at the heart of Sentinel, with its codebase being open-source allowing for community review and contribution, which enhances the security and reliability of the services built on it.
  • No Log Policy: Sentinel adheres to a strict no-log policy, ensuring that users' activities are not recorded, thus maintaining privacy and anonymity.

Sentinel and the Cosmos Ecosystem

Sentinel is built on the Cosmos blockchain, known for its scalability and interoperability amongst various blockchain platforms. This integration permits Sentinel to leverage Cosmos' advanced features like the Tendermint consensus mechanism, which is designed to support high transaction volumes and fast processing times.

Interaction with Cosmos:

  • Sentinel benefits from the interoperability features of Cosmos, allowing for seamless transactions across different blockchains within the ecosystem.
  • It utilizes the Cosmos' DEX functionalities, enabling users to trade $DVPN tokens efficiently across various networks without the need for centralized exchanges.

VPN vs. dVPN: Understanding the Differences

Sentinel champions the use of decentralized VPNs (dVPNs), moving away from the traditional VPN model. Here’s how dVPNs stand out:

  • Decentralized Control: Where traditional VPNs rely on a central authority, dVPNs distribute the control across multiple nodes run by different individuals or groups, enhancing security and reducing potential data logging.
  • Open Source and Transparent: Unlike proprietary VPN software, dVPNs are typically open source as seen with Sentinel. This openness ensures any security flaws are quickly identified and remedied by the community.
  • Enhanced Anonymity: With no single point of control, dVPNs offer better anonymity online, making it harder for activities to be traced back to any individual.

The Role of $DVPN Token

Within the Sentinel network, the $DVPN token serves multiple purposes that are central to its operation and efficiency:

  • It acts as the transactional currency within the Sentinel ecosystem, used for purchasing VPN services and other associated features.
  • Provides a staking mechanism, where users can stake their tokens to earn rewards, thus securing the network and participating in its governance.
  • Acts as an incentive for node operators who receive $DVPN tokens in return for their bandwidth contributions to the network.

Contribution to Enhanced Internet Freedom

Sentinel is paving the way for a new era of internet usage where privacy, security, and decentralization are prioritized. Its innovative approach to using blockchain technology for building VPN services not only enhances user privacy but also promotes a more open and transparent method of internet access. As the internet moves towards more decentralized frameworks, Sentinel’s pioneering platform plays a crucial role in shaping this future.

For detailed information, updates, and participation, explore more on Sentinel’s official documentation and join their community discussions to stay informed about the latest developments.

Sentinel Price Analysis

As of November 24 2024 Sentinel has a marketcap of $22M. This is {{percentagefromath}} from its all time high of $0.050557. In terms of its tokenomics, there's a total supply of 30B with 68% currently outstanding. Keep in mind Sentinel has a fully diluted value of $32M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude