I have tested all the dVPNs available: Sentinel, Lethean, MYST, Privatix, Orchid, 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. Key strategy decisions:
-Building on their own chain to avoid bottlenecks like Orchid on ETH. Yes it took much longer, but now they will be able to scale without any issues. Smart long term planning.
- IBC cross-chain interoperability: allow users to pay with BTC, XMR, ETH, etc. No need for a third party, worthless middleman token.
- Solid token economics: for most dVPNs the token's primary purpose is to pay for bandwidth. However, this introduces a couple extra steps and transaction fees to the onboarding process: buy BTC/ETH, send to exchange, trade BTC for dVPN token, send dVPN token to wallet, pay for bandwidth. That is a terrible user experience. Sentinel does it a bit differently:
The primary value of the SENT token comes from staking and securing the decentralized dVPN network. Since this is a decentralized network, you need validators to make sure there are no malicious node hosts and to validate all transactions. In return for staking SENT tokens, you get a % of all fees transacted on the network. If Sentinel launches their token mixer, the staking profits will skyrocket. I would also recommend they also introduce a discount if bandwidth is paid in SENT tokens to drive token demand even more.
-Build a Layer 1 dVPN infrastructure that other developers can easily implement and incorporate into their own applications. Now any dev can include private dVPN connection features for their app without having to maintain a whole VPN network. I have already seen several examples of white-labeled dVPN providers using the Sentinel infrastructure. In no time, we will see SENT being included natively in dAPPS, gambling apps, privacy tools...
No other dVPN has these key features.
Levi Ramirez
SENT adoption by end users and exit nodes is definitely increasing very fast:
-156k weekly users -246 active exit nodes -1761.99 gb every 24 hr -481.14 TB total data consumed since inception -4961260 (almost 5m) total users since inception
Nice Looking forward to Polka, and Cosmos. Neither are dumping.
Adrian Gray
Sent is going to monetize excess bandwidth right? So anyone can host entry and exit nodes? Will nodes have to be archival?
Noah Ortiz
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.