I have spent time comparing the newest exchange listing for sentinel, Polarity exchange boasts they have scaling issues settled already. Id like to explain to anons the difference in fees from my time using Idex, Uniswap, and now Polarity.
Polarity.Exchange - Full trading view on Polarity - Flat fee model 1c usdt - 2FA Multisig - Withdrawal comparable to Hitbtc - No kyc - Deposit in under 10 mins - DEX based - USDT liquidity
Roundtrip Cost with w/d fee: 500 SENT
Idex
- KYC.... - No automation/stale orderbooks - Very few orders - Better than uniswap in fees - Better than uniswap in gas fees - Multiple tx needed to trade/withdraw
sentinel is gaining good liquidity finally, based uniswap and polarity
Chase Walker
The flat fee of 1c is interesting! What is Binance's for comparison?
Landon Howard
oxt exit scamming, feeling protected from sentinel
Camden Hernandez
binance takes a % of your trade volume, regardless of size
David Ross
Sentinel is the Amazon of bandwidth. Sentinel will do to bandwidth what Amazon has done to retail goods. Amazon has revolutionized retail goods by giving everybody a global platform on which to sell and buy goods. Sentinel will do the same, it will give everybody the possibility to sell and buy bandwidth in a verifiable way on an open and decentralized market with out middlemen. Before Amazon, everybody had to sell only locally and advertising was expensive, now everybody can send goods all over the world and has the ability to reach a global market place. Imagine when normies understand they can get paid for their unlimited bandwidth with out doing anything, or buying bandwidth at a much lower cost then on centralized VPNs. It is similar to unlocking free money that people always had lying around but never knew about. This previously unmonetized bandwidth was locked down by the incumbents, gatekeepers, and middlemen. But with Sentinel, suddendly everybody will be able to sell and buy bandwidth in a global market place, making bandwidth the first fully digital fungible commodity. This is an untapped market, potentially worth billions.
2nd time I've seen this shilled. So what is the difference between this and oxt, aren't they doing this with "dVPN"?
Jaxon Mitchell
Sent is highly centralized and the ICO investors are waiting to dump on new fags. Dont touch this one
Austin Cox
simply put orchid is not a decentralized VPN you have to ask permission to host a node for their network, sentinel instead is built so that everybody can host nodes and build apps on top of it:
" sentinel apps are framework for new apps to be built
A new version of the SENT iOS application was recently released.
If you are an IOS user join the TestFlight group today to test out the Sentinel dVPN on your iphone and provide feedback.
Once the iOS UI/UX is perfected, it will serve as a template for other dVPN applications that are built on the Sentinel ecosystem.
Important to note that these releases are not important just for the users of Sentinel dVPN, but the network of developers who will create their own dVPN ontop of the Sentinel framework. They will be able to use these applications as base templates and build ontop of them adding their own customizations if they wish or just focusing on changing the UI/UX as per their desired branding
We need a dVPN entrepreneur from every country in the world, then we can take over the world, soon many more will build beautiful UIs and innovate as velocity has. Velocity surely setting benchmark and displaying even better UI schematics than SENT's own app"
I have tested all the dVPNs available: Sentinel, Lethean, MYST, Privatix, Orchid, and tachyon etc. Sentinel is the only one with the proper long-term vision. They fundamentally made several key decisions, if executed as announced, will end up pushing them to top 50 with ease.
Mason Lopez
0.1% for all trades
Asher Perez
I've been following for a while and it's fairly spread out. Largest wallet is 5% then it's a race to the fractions.
Lucas Reyes
SENT is as decentralized as it gets , when token utility will be implemented on main net it will moon hard
SENT is a staking token, when main net will launch q4 this year , you will be able to stake your coins and earn yearly yield of 15-25% in exchange for securing the chain, yield will vary depending on which validator you choose to delegate your tokens, some will have higher fees for higher security some the opposite.
SENT is also a payment token for the dVPN and a governance token for upgrades and management of the community pool (which one day might be worth millions like dcr or cosmos pool).
SENT dVPN nodes will also be able to stake SENT on their node as a trust bond to ensure quality of service to customers (and for subscriptions).
SENT staked will also earn you part of the revenue from the dvpn nodes (they will have a service , maintenance and network tax imposed on them it will be minimal and they will still be much cheaper then centralized competitors)
there will be various other secondary usecases and products launched on sent own chain that will produce continuous revenue, for example an internal dex to allow anybody to pay for the dVPN in any token.
probably you will also be able to pay data centers to host a node for you and get the profit generated in return, this way any sent holder will be able to become a vpn provider
there is a litepaper on github, but its outdated you can follow the medium blog, or wait for the release of the new documentation which will happen before main net
Mcap is 5.8 m it can easily go up to 100m and above like most other cosmos based projects
John Scott
supply doesn't mean shit, only thing that matters is totoal marketcap, which makes SENT a coin with a very high r/r not having some in your portfolio is a huge missed chance
Kevin Long
on top of what the anons said above, keep in mind most of SENT supply will be locked on main net to secure the chain
When chink money comes, no limits. Can get to $1B. Remember, VPN industry is $70B. 1% of that is $700m even without some speculative fuel. $1b for sentinel is actually realistic. This is the future of the internet ffs