/biz/ - Business & Finance

>>14861847

CONTINUATION:

Now, the key questions is: ok, but what benefits do I get by becoming a “miner” of the Sentinel hub and zones? Many people think that the benefit would just be block rewards and transaction fees in the Sentinel hub and zones as cSENT tokens, however it is a lot more than this, and here it is where the great potential of the cSENT token actually is. The block rewards are really just a mechanism to punish the cSENT holders that are not delegating tokens because their cSENT will lose value due to the inflation mechanism in place. cSENT holders delegating their tokens will earn a reward after each block that they could delegate again, therefore compounding the rewards. But, again: this is NOT the main benefit.

After the Inter Blockchain Communication standards (IBC) are released and completed in the coming months, many zones (blockchains) will be connected to the Sentinel hub, including the dVPN zone, the dChat, etc. All the transaction fees going through this router, the Sentinel hub, and also within each zone will go to cSENT token holders and validators will take a small commission. But the most important is that these fees won’t be only in cSENT tokens, they will be in all the whitelisted fee tokens which could be pegged USD, pegged EUR, pegged BTC, and so on.

So, in summary: buying cSENT tokens makes you a “miner” of the Sentinel hub and all zones and you will not only earn block rewards for compound interest but also transaction fees going through the Sentinel hub and zones paid as pegged fiat, pegged btc, etc. This is really huge: you buy cSENT tokens, and then you will have a growing revenue of USD, EUR, BTC and other fee tokens.

After Bitcoin, the biggest thing in blockchain has been Tendermint used by IBM and the Cosmos hub launch that uses tendermint and BPoS

Now as the Cosmos ecosystem is growing, Sentinel will launch the 3rd hub with the dVPN as first zone, other zones will be dChat etc... The Sent token will be staking token to secure the different zones, for governance and get fixed income for securing the network

Anon, I love this threads but whats the big deal about sentinel? Im using nord VPN for years tell, please convince me why sentinel better thanks