Sentinel
Crypto Overview
Project Overview
Sentinel is a decentralized Virtual Private Network (dVPN) protocol built on the Cosmos blockchain. It aims to provide a decentralized alternative to traditional VPN services by allowing users to share their bandwidth in exchange for DVPN tokens.
Intended Utility
The DVPN token serves multiple purposes within the Sentinel ecosystem: it acts as a payment method for VPN services, incentivizes node operators who provide bandwidth, and enables governance participation in the protocol's development.
Actual Utility and Adoption
The project shows genuine utility through its functioning dVPN network, with multiple client applications available including Solar dVPN and V Mobile. The network currently maintains active nodes providing VPN services to users.
Token Distribution and Governance
The token distribution appears reasonable with no excessive concentration among founders. The project operates through a decentralized autonomous organization (DAO) where token holders can participate in governance decisions.
Technical Implementation
Sentinel's implementation leverages the Cosmos SDK and Tendermint consensus, providing a legitimate technological foundation for its VPN service. The project maintains active development with regular updates to its core protocol and client applications.
Revenue Model
The revenue model is straightforward and halal-compliant: users pay for VPN services with DVPN tokens, and node operators earn tokens for providing bandwidth. There is no interest-based lending or gambling mechanics involved.
Crypto Impact
To assign a comfort level investing in Sentinel from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Sentinel.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.