Sentry ICO Website: http://sentryblockchain.xyzICO ADDRESS:0xD2643eC2D009B553Dc4db875cd4EBBCc3b2c3dB2
Do not send from exchanges. SNY tokens will be sent out to the corresponding address after ICO date. (ends 25/10/2017)
Sentry ICOThe personal and enterprise Blockchain Ecosystem
Initial Coin Offering Date: 1/10/2017Ends: 25/10/2017Token Name: SNY
Total Supply: 5,000,000 (remaining tokens will be burned after ICO)
Founder’s share: 100,000 SNY (will be kept as security. Address will be public for everyone to see)
Token Price: 0.001 Ethereum (0.3 USD)
The characteristics of the Blockchain provide an invaluable resource to many industries such as Loss Prevention services, data management services, or even simple ticketing machines. As the world’s systems start to adopt Blockchain technology — a new issue arises. Scalability has been a large issue of debate for the founding project of Bitcoin. Other cases of scalability issues arise in crypto-projects such as Ethereum, where the network is congested during times of high usage. Time sensitive applications cannot afford such network congestion. This is the founding philosophy of Sentry, where an ecosystem of Blockchains are found. As Ethereum allows the easy creation of tokens, Sentry allows the easy creation of separate Blockchains that can be linked using Universal Blockchain technology.
Sentry allows the creation of public and private Blockchains.
Our goal is to make it easier for entities to adopt cryptocurrency technology without worrying about scalability issues that arise. We believe that mainstream adoption requires such technology.
We have already seen mainstream uses of Blockchain in companies such as Microsoft (Project Coco). Frameworks that are designed to allow easier enterprise Blockchains are becoming increasingly relevant in all industries. The past few years have seen a dramatic increase in the interest of Blockchain technology. Multi-million-dollar companies such as Visa have begun searching for Ethereum Blockchain Engineers to secure their dominance in the future.
Blockchain technology presents a steep learning curve and the limited supply of Ethereum Blockchain Engineers, let alone Blockchain Engineers are a large problem for companies. The lack of such employable Blockchain experts make it increasingly hard for safe and quality Blockchains to benefit the company.
Sentry as a One-Click SolutionJust like how Microsoft Office revolutionized office word processing, Sentry presents a suite of tools to allow easy auditing, release, and management of a Blockchain.
Sentry includes three core components:Off-Chain supportOff-chain support is rapidly becoming the scalability solution of choice. We allow the manager of the Blockchain to implement such an off-chain protocol for any use case.
Automatic ‘Forking’Changing certain parameters of a Blockchain will cause a fork of the network. Sentry will automatically update nodes to switch to the latest fork — allowing security and stability.
Universal Blockchain (Cross-chain linking support)All chains created by Sentry will have the ability to be linked to another chain. In essence, this allows the Blockchain to make clear references to other specific chains. Cross-chain linking also allows the exploration of public and private Blockchains through a Blockchain browser.
Node Hosting as a ServiceThe creator of a Sentry-created Blockchain can allocate SNY to be distributed to those who host the nodes. The more nodes there are on a given network, the more secure it is. Nodes can be public or pre-allocated. Public node hosting, or public bounty hunters will normally host the network that gives the highest payout. Pre-allocated nodes are more for private Blockchains and give a more centralized Blockchain. The creator of a Sentry-created Blockchain can choose the privacy setting of the Blockchain inside the interface. Privacy settings such as encryption are available.
Node Contracts are made between the creator of the Sentry-created chain and the node hoster. It is recommended that the contract be renewed every 7 days. If there is any major downtime (the creator can specify) of the node, the contract will be rejected and the work of the node hoster made futile.
Node hosting can also be set to payout in proportions. For example, 100 SNY can be put out as a bounty for node hosters with a renewal/payout rate every month. If 10 hosters host for a month without any interruptions, they received 100/10 = 10 SNY each. This can also be set to network use- where the payout is proportional to the amount of bandwidth between each node and the requesting client.
