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The Description of Project Sentinel:

Project Sentinel is a not-for-profit project run by colin012 aimed at helping to secure the NXT Network by providing Sentinelcoins (SentinelC) to people who:

A) Run nodes with resilience to DoS attacks.
B) Write papers on how to help secure the NXT network or personal funds.
C) Come up with new ideas on how to improve NXT network/personal security.
D) Develop new NXT network/personal security projects.
E) Can hack accounts, explain how they did it, and prove their success in some way. This is under the condition that they do not steal anything from the account they hack.
F) Find previously unknown security flaws in NXT.
G) Find other ways to help secure people's personal funds or the NXT network.

The Description of Sentinelcoin (SentinelC)

Sentinelcoin is an asset distributed by Project Sentinel on the Asset Exchange. The value of Sentinelcoin will be decided by the community. It will be distributed freely to those help improve NXT network/personal security in the ways listed above. Some may be sold in order to maintain this project (e.g. to pay for transaction fees).

The Details

Hacking Program
White Hat Hacker's Pub (Details for Hackers): https://nxtforum.org/project-sentinel/white-hat-hacker%27s-pub/
Register to be hacked! (Details for Hackees): https://nxtforum.org/project-sentinel/register-to-be-hacked!/

Library Program
The Project Sentinel Library (Details for Writers, Googlers, and Security Experts): https://nxtforum.org/project-sentinel/project-sentinel-liberary/

Community Outreach
Sentinelcoin Bitcoin Talk Thread: https://bitcointalk.org/index.php?topic=711744
Project Sentinel Bitcoin Talk Project Thread: https://bitcointalk.org/index.php?topic=711889

The Rewards

DETAILS TO COME!