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Sentinel dVPN Nodes incentivized for bandwidth provided — Node Incentivization Program —Update of Month #1 Distribution & announcing the Turing testnet

Top 3 winners in the Sentinel Node Incentivization Month #1: May 20 - June 19, 2019

The Sentinel Node Incentivization program was designed to introduce the community to the process of hosting a dVPN node which can be used to monetize unused bandwidth.

Currently the Sentinel dVPN is running on an Ethereum and Tendermint Testnet, and will transition to a monetized mainnet that will also include fiat payment gateways.

The participation was outstanding, as the network saw the number of community hosted nodes increase from under 20 to over 40.

The rules were pretty simple: Nodes will have to contribute more than 300GB (for a $25 reward or ~17K SENT) or 750GB (for a higher reward — $50 or ~40.9K SENT) and have an uptime of at least 29 days i.e. an exemption of 24 hours less. Exchange rate as on June 30th was 1 SENT = 0.001464$

Below is the list of winners and each address pertaining to the Node ID that has received tokens is listed.

The team understands that since it was the first month and many nodes hosts were new, it is acceptable that few node hosts could meet the uptime criteria. As a result, there is also a consolation prize for people that contributed between 100GB and 300GB.

Sentinel dVPN Stats for the month of June 2019

Announcing the first testnet powered by community validators : Sentinel-Turing-1

Sentinel is gearing up towards the launch of the first testnet with public validators. The genesis block of this testnet will be mined on 24th July, 2019. Over the course of the next few days, details on running the Validator, configuration required, steps to take to get started, expectation with the first testnet, gentx collection process, etc. will be shared with the community.

Named after the legendary mathematician, Alan Turing, the Turing testnet will serve as the network on which the Sentinel dVPN v2 runs, until the launch of the Sentinel Hub mainnet powered by Tendermint and the Cosmos SDK.

Procure/setup your nodes to participate in the first ever Sentinel Testnet in which the community runs the chain : Sentinel-Turing-1

Interested users can join the Sentinel Node Network on Telegram (https://t.me/SentinelNodeNetwork) and seek information or chat with other community members.

Media

We support anyone that wants to accept SENT as a payment method, run the Sentinel Private Net for their organization or community or develop tooling for the Sentinel Network. For partnerships of any kind or media enquiries please email — support@sentinel.co

Join our Community!

About Sentinel Network

Sentinel Network is a network layer that enables a true p2p and decentralized applications and resources marketplace. Sentinel enables anyone to create Public and Private networks that provide access to both free and incentivized, and also payment method agnostic (pre-paid/escrow/post-paid) services (dApps) & distributed resources, enabling its clients to become both producers and consumers in the network.

Sentinel utilizes locking, staking and multi-sig directly from Tendermint core and Cosmos SDK and aims to fully eliminate the disadvantages of previous generation protocols, that couldn’t scale due to limitations of the blockchain they share with other dApps or that have an unsustainable economic model that reduces usability or access to the product they offer.

Follow us on Medium to stay up to date with the latest Sentinel announcements and developments.

View exchanges for trading SENT on the Sentinel website.

Follow Sentinel ONLY ON Official Social Media platforms:

Twitter | Telegram — Official Group | Telegram — Announcements only | Telegram Community Chats — Node Network Group, Chinese, Russian and Spanish

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Sentinel

Sentinel

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Interoperable Network Layer for bandwidth sharing and incentivization. Developed the Sentinel dVPN on the Sentinel Network — More about us, https://sentinel.co