8. The Sentinel
8. The Sentinel
Detailed Description of the 1CoinH Technology
The Sentinel is the part of the smartphone app that checks if the blockchain of the new transaction-partner is legitimate and searches for originators that are mutual (and because of that can be trusted more). The receiver of the coins uses the advice of the sentinel to accept coins that are originated by other people that the transaction-partner. The Sentinel is a relative simple program that searches through all the collected blockchains, and by doing so, checks the used hashes and digital signatures. If the Sentinel finds issues, the Receiver will be advised not to accept the coins that show issues.
Other Tasks Of The Sentinel
The sentinel also calculates the current remaining value of the self-originated coins and the coins that were received from others. These values will naturally be corrected with the payments that were done with these coins.
Another function of the sentinel is to show information of the ID-Cards so the Receiver can check if the person he talks to is the same person in the ID-Card.
The sentinel will also get some maintenance options, like regularly backing up the collected ID-Cards and Blockchains, checking for updates and improving direct connectivity with other smartphones or even laptops.
Still Have Questions?
The 1CoinH / Ethical Money system is nothing like we have ever seen before. We can imagine you have plenty of questions left.
Please don’t hesitate to ask us. It also helps us to understand what we haven’t explained well enough.