Important Announcement: Sentinel Chain Launches Orion Testnet

  • Orion Testnet Blockchain (grey colour): First public testnet, now released. It contains all the contract and services described below.
  • CrossPay Blockchain (light blue colour): Nationwide blockchain, used to store key information of livestock, farmers and ownership.
  • Validator nodes: These are special types of nodes with ability to create or issue blocks. In PoA type of blockchains, a miner is a “validator”.
  • Bridge authorities: These nodes will provide the required signatures to enable execution of cross-chain transactions between Sentinel Chain Orion and other EVM-based blockchains. More details provided below.
  • RPC nodes: The purpose of RPC nodes is to provide a way to interact programmatically with the blockchain without having to install the client and download the entire transaction history
  • The only way to obtain SENI in Orion is to perform cross-chain token transfer, to exchange SENC tokens for SENI at a 1:1 conversion. The cross-chain token transfer works in such a way that all SENI are initially locked on Orion and is only released on Orion when SENC are sent to the foreign bridge address on the Ethereum testnet. SENI can be converted back to SENC by sending SENI to a home bridge address on Orion.
  • Currently the ‘block reward’ (SENI value transferred to validator) for ‘block creation’ (transaction confirmation) is set to 0. This is by design. In doing so, the 1:1 ratio of SENC and SENI created will be maintained.
  • Transaction fee can be calculated by taking into account the minimum price per GAS unit is 8.1 GWei. So if one is to create a common transaction transferring only value from one account to another, the fee calculation will be as follows: 21000 GAS units * 8.1 GWei = 0.0001701 SENI
  • Current GASPrice
  • Block creation speed
  • Latest ‘block number’ and
  • Validators list
  1. > Orion Bridge Validator Contract
  2. Onto Kovan testnet
  3. > Kovan Bridge Contract
  4. > Bridge Validator Contract
  1. Price listings
  2. Cross-chain data retrieval
  • Non-fungible Tokens: An ongoing development that will provide a mechanism to create a non-fungible token that is backed by a real cattle on CrossPay, thus tokenizing it.
  • Local Currency Tokens (StableCoin): Sentinel Chain Exchange Contract for creation of LCT by utilising SENI within Sentinel Chain.

Sentinel Chain

The Blockchain for Global Financial Inclusion

Thanks to Sue Meng CHAN and Ng Ling Soon.

Maximiliano Canellas

Written by

Blockchain director at InfoCorp Technologies. Blockchain enthusiast.

Sentinel Chain

The Blockchain for Global Financial Inclusion