Sentinel Protocol is a blockchain-based decentralized financial (DeFi) security intelligence platform that utilizes both artificial intelligence (AI) and collective intelligence to protect and secure blockchains that utilize the Sentinel Protocol Platform against hacks, scams, and fraud. Sentinel protocol uses the DPoS (Delegated Proof of Stake) consensus in securing and processing the blocks.
Cryptocurrency and blockchain technology are centered on decentralization. This feature, despite being a great asset, can also be a liability due to its reliance on autonomy. The disadvantage of autonomy is evident in the neverending cybercrime cases. In the blockchain ecosystem, average users are exposed to hacks easily, and while the identity of attackers mostly remains hidden, these hackers can easily identify and target users. An individual effort will not be enough to resolve these security lapses. Instead, crypto users and crypto platforms must use collective intelligence to act together in mutual self-interest through a decentralized cyber security ecosystem.
Sentinel’s developers aim to resolve the security flaws of the blockchain ecosystem by using a decentralized AI system that detects unknown patterns of the attacker(s), disseminates
the information throughout the ecosystem, and protects all members through collective
intelligence, while maintaining the fundamental autonomy of decentralization.
Who are the founders of Sentinel protocol (UPP)?
Sentinel Protocol is operated and developed by Uppsala Security, a state-of-the-art provider of award-winning security tools and services for cryptocurrency platforms.
Working on the project is a team of experienced cybersecurity professionals who have developed an outstanding suite of advanced tools and services for Crypto, transaction risk management, transaction tracking, regulatory compliance, and cybersecurity. Uppsala Security is headquartered in Singapore and has branch offices in Seoul, South Korea, and Tokyo, Japan.
What is the Sentinel protocol (UPP) used for?
Sentinel Protocol is a crowdsourced threat intelligence platform designed by security experts to shield crypto users and organizations against hacks, scams, or frauds. The protocol helps to enhance the security of crypto assets by making a decentralized Threat Reputation Database (TRDB) available to crypto exchanges, wallets, and payment services. The platform, through the use of artificial intelligence, enables organizations of every type and size to protect their crypto assets from malicious hacks and scams.
How is Sentinel protocol (UPP) Unique?
Due to the rapid growth of the cryptocurrency industry, it is difficult for crypto users and crypto platforms to keep up with the pace and provide the required backing for their crypto assets.
Sentinel Protocol provides a solution to this problem by providing a fundamental framework that is managed by trusted cryptocurrency security experts and their collective intelligence.
By joining the Sentinel Protocol community alone, crypto users can easily have access to knowledge and assistance on all security issues. Users can also deploy security solutions provided by the Sentinel Protocol. Inefficiencies will reduce costs for businesses and individuals alike. This framework will enhance the overall security of the crypto world and flourish on the fundamental principle of decentralization.
How many Sentinel protocols (UPP) are in Circulation?
Sentinel Protocol [UPP] is a token based on the Ethereum blockchain. It currently has a circulating supply of 459.83 million USD. It has an estimated total market cap of $28,487,291.92.
How is the Sentinel protocol network secured
With security as the primary focus of the platform, the sentinel protocol is engineered with some outstanding features that play a major role in safeguarding crypto assets, such as:
Threat reputation database(TRBD): a feature that helps to combat two problems that plague the existing cybersecurity industry. Centralized database of security firms and the lack of shared knowledge among security cyber vendors.
Machine learning (ML) engine integrated security wallet (S-Wallet): S-Wallet functions like antivirus software, but unlike software antivirus, which responds to new threats by receiving updates, S-Wallet analyzes threat tendencies and history to proactively respond to unknown threats.
Distributed malware analysis sandbox (D-Sandbox): A sandbox is a cost-effective mechanism used to run unverified and untested programs on a separate virtual machine without putting the host at risk.
How do I buy Sentinel protocol ?
The Sentinel protocol token can be used for a wide range of purposes, like staking and payments.
Sentinel protocol tokens can be easily purchased by following the following steps.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy Sentinel protocol through your trading account.
Which Cryptocurrency Wallet Supports Sentinel protocol()?
The PTPWallet platform supports many cryptocurrencies, with Sentinel soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.