Staking/Nodes/Bandwidth/ data as a commodity

Well I used to like Staking but hasn't turned out well but this actually has users and will receive money, seems to be interesting, thanks for pointing it out.

Chain link moon.

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it already mooned dude, at least diversify in some other solid project

The romans hated christ, chainlink is the disruptors

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I really like Loki but this is so close to being delivered and it's a part of cosmos, this might actually be something. Will that mean it's easy to use what you receive in the cosmos network?

you are the one thats fudding my low cap shitcoin, i haven't attacked chainlink

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I manage cosco servers

Going to run sentinel enterprise nodes at all estbalishments hehe

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never throw the first rock

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My cousin is dev ops for Walmart hehe sentinels are like fungus

Heheh

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costco will become a node for freedom, keep up the good fight user

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The mcap is damn low and looking at the top 100, it's a lot of crap there that will never be used, it sounds advanced but no real usecase except in theory. How much you think I should accumulate to get like 500 usd a month in like a year?

you don't need to stake for dVPN nodes, you will be selling your bandwidth so you can scale up as usage increase, use profits from your first batch of nodes to fund a second batch etc....
by delegating your sents you will also get interest

100k user, sentinel is fungus where censorship exist. 22k downloads in iran and saudi Arabia

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you will be able to gain from multiple services, that sentinel will offer not only the dvpn node and validator
also dchat and the mixer

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500 usd it depends on the mcap and users maybe we should have a look at e.g. Express VPN, what I found is that it has a revenue of 3.5 musd and that's just the revenue which is higher than the mcap of sentinel. And I mean, since this is more private and decentralized word of mouth will go insane. But as to 500 usd I don't know, anyone have a feeling?

also sentinel is already being used:
June 2019 saw new $SENT records:

1) Max sessions in 24hrs - 9743
2) Max sessions in a single month - 179,172
3) Fastest 10TB exchange from 65-75TB in 2019 - 20 days

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yeah dVPN market is insane , sentinel will offer a cheaper more private alternative to any centralized provider so its only logical that SENT hets to at least 10% of total VPN market cap

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heard of moon3d? 10x or 100x your crypto. ez money..

Sentinel node = data center (: that sells fungible bandwidth to clients

Fuck off with your meme shit coin linkie. The adults are talking.

You will need to wait for sentinel main net to see actual revenue from nodes, the from there its easy math

It means he tasted his first pump and became delusional like most linkie scum

i get them i truly do, chainlink is good and has made lots of people a fuckload of money, but its retarded to not diversify into smaller cap stuff (even better if they have users and a solid businness model)

I was thinking about running 50 sent nodes myself when main net comes, i think i can slowly scale up

If i set them up at launch i should get most of the traffic, and i will slowly fidelize users

Skycoin generates an inflationary parallel currency called Coin Hours (SCH) for its holders, 1 SCH per SKY per hour held.
It is a commodity backed currency in that its initial use case is paying for access (vpn, bandwidth and data storage) to their decentralized incentivized mesh net internet Skywire.
Wider applications within the Skycoin ecosystem will include gaming & gambling dapps and paying for fees on the Sky DEX.
SCH are about to IEO on LBank (July 29th) with a SKY/SCH and the process of price discovery will begin.

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should mention that Skywire in its testnet already has more than 10000 nodes globally (twice as many as TOR) and the SCH-incentivized main net will be rolled out as soon as the Coin Hour Bank is implemented

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I think you shouldn't compare just revenue, I mean how much of your bandwidth are you using? Its kind of like having a self driving car people can use when you are not and you earn money, but instead of the car losing in value you "only" have the benefit.

More like 1k nodes at best

CEO sounds like a lunatic who lies and exaggerates about everything

Community manager Sudo has created a toxic community of moonboys (their telegram is just 'when moon, when lambo' repeatedly

Team is mostly anonymous, nobody knows who’s really in control of anything

Telegram room is dead - mostly just bots and schoolkids bickering about the price

Insider trading among the early investors seems to be very common according to reports

Partnership with self-confessed drug taker John McAfee (bad for any crypto project)

McAfee's "tattoo" may be fake and was most likely paid for

SkyCoin lied about a partnership with Binance (Binance has never confirmed it)

Sold "miners" to idiots for $20,000 to mine a pre-mined token WTF?

Claim to have 9500 nodes deployed but each Sky Miner has 1-8 nodes so it's really only 1000-2000 actual nodes

Desktop wallet doesn't work, takes forever to sync and then the SkyCoin tokens go missing

iOS wallet has been rejected by Apple in China due to potentially breaking the law

Their much publicized antennas for the Sky Miners still doesn't exist (all they produced are CGI renders)

They released a hardware wallet but it hasn't been independently tested - beware, it could steal your coins

Coin Hours tokens are literally worthless

SkyCoin token has no function on the network, not used for anything

The SkyCoin "blockchain" is just a database running on a server (no consensus algorithm)

The only games or apps running on Skycoin CX are literal rubbish like pacman and flappybirds

Very little real GitHub activity (mostly just updating PDFs) which suggests team has stopped developing

SkyCoin CEO already faked his own kidnapping as an excuse to dump millions of coins

All the ICOs/projects launched on SkyCoin Fiber have already exit scammed

I told the bishop of my city about sentinel before and he told me for this Sunday mass he has prepared little logos of SENT in the bread haha, he said he could hear God supporting Sentinel and now he is so passionated making sent logos in the bread, and planning also for the wine glasses

Also nodes can see your ip on skycoin

Skycoin was a good scam but all relevant actors already exited now only bagholders left

As long as it's easy, to use, cheaper and safe I believe many will start using it. Generally I'm not sure the masses will care too much about more private but that doesn't mean its not good.

How do you stake? How many coins do you need? How much inflation is it?

>My friend makes around 20k a month as of late staking DECRED
What is decred?

skycoin bestcoin bestfud
skywire doesn't use ips. nodes are hashes of public key pairs, the nodes are only visible to their neighbors, and the traffic can only be read with the private key.

>chain link is christ
>chainlink is the 4th industrial revolution
>link pill

This is why you're a fucking retard. Link is one of the many 10x's in crypto.

Nothing special for you retards to act smug about.

Quant killed link in ROI.

staking for SENT will be enabled on main net which will launch before the end of the year.
sentinel is built on tendermint the same consensus algorith as cosmos so it has changing inflation rate depending on how many people stake, but it should fluctuate betweet 7-10% for example in cosmos right now its 7.64%
on top of staking your sentinel you can also run a dvpn node which will allow you to sell your bandwidth and make a healthy profit

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Skycoin is old news

No more juice left

Isn't this just a dead cat bounce?
And in terms of staking, in which project has it been a good idea to stake longterm?

Nice how you didnt even try to argue against any of my points, youjusy silently accept skycoin is a scam, and you are a bagholder waiting to dump on noobs

EDGE (dadi) monetizes bandwidth, storage and compute. There are three tiers of nodes, hosts, gateways and stargates, with different staking amounts and earning potentials. edge.network/en/knowledge/network/earnings-as-a-staking-node/

You can even make up to $5K a month with a stargate, if you are lucky enough to get one.

The cool thing about edge is that, they have over 6M revenue in the pipeline already, all will be brought to the network together with self-onboarding end of August. Also, no new tokens are minted, every payout for nodes is bought off the market. Right now edge/dadi is sitting at only 4M marketcap, which makes it an legit 10x potential from the revenue alone, maybe even 100x if speculation hits high.

SENT has completed a 9 sequence on the weekly, downtrend is broken, now its moon time

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Saved

channel of happyness boysss, im already up 25% on my SENT buys

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But the max amount of coins is already set so it won't be more than 2 billion, it's only based on fees?

when it switches to main net inflation will be enabled to secure sentinel tendermint blockchain, so you will earn interest on the stake and revenue from the fees of people using the dvpn service , mixer and dchat

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Oh that's nice! In eth, btc or usd?

Decred is the closest thing to bitcoin

i track my gains only in BTC , if you are up in usd on a coin but you lost BTCs you actually lost money

I am in the process of scaling up my self

looks like the only non scam aside from decred in this thread.

SENT pajeets, please stfu up with your fake conversations, no one is buying that shit.

Well if you belive in usd longterm yes but if you keep cashing out then usd is fine as well.

youtube.com/watch?v=nM9f0W2KD5s&t=858s

I am pretty sure Peter Theil is invested in binanace

btw its very easy money to scalp SENT just sell on the top of the channel and buy on the bottom like showed in my chart

Quit flexing your Decred bags so loud

TA is the best

SENT has been so easy to swing trade. Now to follow the uptrend to mainnet, then dedicate profits to hosting nodes.

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Loki isn't a scam either though.
I'm not sure as many projects are scams as one might think, there are just many incompetent people running them to the ground by only knowing technical stuff and not business and usecase.

don't miss the rocket user

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yeah im investing my sent profits into nodes too, like ford did back in the days.
like a true capitalist every penny of my profits goes into a long term investment into nodes

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Even if this ain't a scam I mean, how many normal people do you know that are using vpn, or yeah dvpn but who gives a shit. People are streaming Netflix and don't give a shit about user since they are using insta and Fb for everything anyway, so anonymity, who gives a shit.

fuck me dadi

NOIA's partnership with Tomochain will allow you stake NOIA at some point. They are cheap now with a low supply.

yeah i agree, td sequential tells you exactly when to buy and when to sell

sentinel will be hceaper then any other VPN cause you pay only what you consume and open market competition is allowed

also 1 every 3 interent users uses a VPN i bet everybody would like a CHEAPER more secure VPN that pays for itself if you host a node (which you can do easily from every laptop or pc or even a raspberry pi)
also look how many people disagree with you, sentinel is used in regions that actually need safety from government surveillance

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Keep using centralized VPNs then retard. Not everyone just sits on their ass and watches Netflix all day. There are journalists, crypto traders, privacy advocates, corporations and enterprises with trade secrets that need to protect their data. Just because you live a sad life of watching tv all day, doesn't mean decentralized VPNs are not important to the rest of us.

Isn't it already open market with the current vpns though lol

I'll be delegating my fantom stack in this quarter for those juice returns

yeah but not on a node by node basys, also because you don't need specific infrastructure like centralized VPN do, they get undercutted by a lot.
imagine like everybody had free money lying around that he never knew he had, thats what sentinel does it allows you to get free money from a resource you had freely available all along (your bandwith)

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This! I mean look at it longterm, where is the market headed?

Nice

Ok now I see 4 coins being shilled:
>SENT
>SKYCOIN
>DADI
>NOIA
skycoin got absolutely and irrevocably REKT so it's down to 3.

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Im a trader so i need to secure my browsing history and data, i find sentinel very convenient, ive been using their dapp in the last 5 days , i might never buy their coin tho cause i will be able to pay for the service with btc

I mean, Fb can't keep dying what they do, this is just the beginning of the user discussion, I mean snowden? And when people start to realize that it's important.... Then it will be a fucking boom.
Wasn't there a vpn provider that gave data to government? Remember reading about it, this will not be possible with sent right?
And e.g. Russian or Chinese government won't be able to block it right?

sentinel coin is not forced upon users thats the beuty of it, and validators and stakers will earn from the fees anyay so its a win win

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But doesn't this prove the point? Most projects are only about buying the coin, but what you just said is that you don't care, you just want the tech.

Suicide stack 100k anons

medium.com/sentinel/breaking-the-great-firewall-of-china-sentinel-dvpn-and-socks5-f73406245be

sentinel can evade the great firewall and its currently used by people in the east: iran saudi etc.. cause it helps them evade gov surveillance

vpnpro.com/blog/hidden-vpn-owners-unveiled-97-vpns-23-companies/

centralized VPNs have been selling your data to chinese for a long time

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Yeah i just care about the tech and im willing to pay for it

sentinel validators will be getting fess from all the transactions happening on sent blockchain in any coin so BTC ETH XMR so become a sentinel validator and get a diversified fees portfolio

That means that the mcap will increase even if the price is the same right?

If all you care about is Netflix, then keep using centralized VPNs. If you are actually doing something worthwhile with your life and want to protect your data, then your only option is a decentralized and provable dVPN solution.

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He's lucky then but people Staking dash would have been better off selling which is usually the case

As an example, is Staking still a thing though? Was popular with ultra high inflation for small cap for a short while but I mean... Will the coins be locked up?

Worthwhile? So what are you doing that is worthwhile? Lol

yeah if you analyze it in static terms yes, but in reality people that stake will be "stealing" value from people that don't stake through inflation (for security reasons, so that people stake more thus making the network more secure).
it will work in the same way as BTC were people make huge investsment in gpus, in tendermint blockchain tokens are your gpus

For example, my country does not allow Bitmex or certain crypto exchanges. It would be completely retarded to trust a centralized VPN to access these services.