The cryptocurrency market has experienced significant growth in the previous years and this follows the decentralized nature of the cryptocurrency. However, this decentralized nature has proved to be its greatest weakness, as it lacks a proper threat defense system and therefore burdening the users of the currency with the role of securing it.
Sentinel Protocol seeks to solve this problem by using the same decentralization to create a secure and yet innovative ecosystem by using Artificial Intelligence, Delegated Proof of Stake, and Central Intelligence.
The platform has a sentinel portal where users can report hacking incidents and gain rewards from participation. It also has an S-wallet that is powered by machine learning. The S-wallet filters fraud addresses or malware and detects abnormal behavior. Another feature of the platform is the distributed malware sandboxing where tests and simulations are carried out. Incentives in form of Sentinel Point (SP) are also paid to users for threat vector generation.
Sentinel Protocol Secures Threat Reputation Blockchain
Interactive Cooperation Framework
The platform provides a framework that is run by trusted cryptocurrency security experts. This enables crypto users who have joined the Sentinel Protocol Community to be able to easily access information and assistance on any security issues that they may have. Through the platform, they can also deploy security solutions that have been provided by the Sentinel Protocol. This will not only reduce the inefficiency costs faced by individuals and businesses but also enhance the overall security of the crypto world.
Sentinel protocol will provide a way of tracking stolen cryptocurrency. Once it has gathered enough information regarding the stolen cryptocurrency, it will forward the information to the crypto provider who will block the crypto assets from being used or converted into fiat money.
Malformed Transaction Prevention
Due to the decentralized nature of blockchain, addresses that are deemed to be scams will be shared with Sentinel protocol community. In some instances, the hacker might try to change the address, however the users will be notified of the same, and the new address they have changed to. This will prevent users from attacks and prevent the damage spread.
Unknown Threat Prevention
The Sentinel protocol has software that blocks the execution of files might seem to be suspicious. It then forwards the information to its group of trusted security experts who analyze the cause of the threat and then forward the information relating to the threat to the online community where the file was first discovered. Through further analysis the hacker will be identified and prevented from further distributing the malicious file through the use of real-time defense systems
Sometimes, hackers can steal coins and distribute them to a number of addresses to prevent being traced. However, Sentinel Protocol can trace the sub-address that have been derived out of the original address and forward the information to all crypto services such as exchanges. This is will prevent the hacker from making any use of the coins, as the exchanges will be notified once the hacker tries to convert the coins.
Sentinel Protocol UPP Token ICO Details
Sentinel Protocol is having a public presale beginning 05/07/18 for their UPP Tokens. The crowdsale is set to launch on 05/11/18. You can invest in the UPP token with Ethereum.