Sentivate Price (SNTVT)

What Is Sentivate (SNTVT)?

Sentivate is a hybrid web consisting of centralized and decentralized components.

The stated goal of the developers is to create an alternative to the modern internet infrastructure. The network is designed to surpass the capabilities of both centralized and decentralized systems, focusing on speed, security and scalability. The list of issues that Sentivate aims to solves includes the bandwidth crisis, outdated protocols, broken DNS servers, lack of accountability and identity, reactive security, domain rules and web categorization.

Sentivate was founded in 2014 and is developed by the software company Arity.

Who Are the Founders of Sentivate?

Sentivate was co-founded by Thomas Marchi, Matt Karasiewicz and Lew Knopp.

Thomas Marchi is Sentivate’s CEO. In 2014, he founded Arity, which released the experimental social network LNKit as one of its first products.

Matt Karasiewicz is the company’s CFO. He has graduated from Rider University with a bachelor’s degree in entrepreneurship and entrepreneurial studies. Before Sentivate, Karasiewicz worked as a managing partner at Menrvah and the president of KMA Satellite Inc.

Lew Knopp is responsible for the strategic component of the company. He is a former United States Navy Seal, founder of Templar Titan Inc., and co-founder of the Center for Online Justice.

What Makes Sentivate (SNTVT) Unique?

According to the team behind Sentivate, fully decentralized web projects face several issues, such as being unable to solve the bandwidth problem and having a hard time supporting legacy technologies like DNS and HTTP. Sentivate claims that a hybrid web — a centralized system enhanced by decentralized elements — is the solution.

Sentivate uses the UDSP technology to replace HTTP and TCP completely, allowing for a two-way connection between the sender and the receiver with minimum delay. It’s a bi-directional, encrypted and reliable real-time data transfer protocol based on UDP. All UDSP connections are encrypted by default. UDSP offers high bandwidth and the bidirectional stream connections mean that the network is less clogged, less often delayed and more reliable.

Another key feature of Sentivate is the Universal Domain System (UDS), which

consists of the Domain Registrar, Domain Certificates and the Domain Information System (DIS). Domain Registrar is designed for domain registration and public certificate management. The Domain Certificates provide hostname information. The Domain Information System is a replacement for the traditional domain name service.

Related Pages:

Read about Maker.

Read about Dai.

Learn more about the ERC-20 standard on CMC Alexandria.

Enhance your knowledge of crypto with the CoinMarketCap blog.

How Many Sentivate (SNTVT) Coins Are There in Circulation?

SNTVT is an ERC-20 utility token based on the Ethereum (ETH) blockchain with a maximum supply of 4.2 billion tokens. It acts as a placeholder for the eventual mainnet coin VIAT. The circulating supply of SNTVT is 3,539,880,818 tokens as of April 2021.

The tokens are distributed as follows: 2,100,000,000 to the delegates, 1,050,000,000 to the airdrop, 840,000,000 to the team and 210,000,000 to the advisors. SNTVT holders will enjoy governance power and gain early access to the network and its tools.

How Is the Sentivate Network Secured?

Sentivate (SNTVT) is an Ethereum-based ERC-20 token and is secured by its network’s Ethash consensus algorithm.

Where Can You Buy Sentivate (SNTVT)?

Sentivate (SNTVT) can be traded on the following exchanges:

• KuCoin
• Uniswap (V2)
• Hotbit

Read our comprehensive guide on how to buy Bitcoin and other cryptocurrencies.