Recent News
Mandatory Wallet Upgrade!
BySINOVATE
/ February 27, 2023
Dear Sinovators, On the 22nd of February, 2023, occurred a hardfork that has been explained in this announcement: here. This hard fork was necessary because of the large security and stability issues brought by the InfinityNode technology. This technology requires consequent refactoring to be able to host data. The rewind...
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MANDATORY: InfinityNode Owners must claim their Rewards!
BySINOVATE
/ February 24, 2023
Dear Sinovators, The recent hardfork will remove the InfinityNodes, and they will no longer receive rewards. The hardfork will mint the coins to fill all the existing nodes of their remaining blocks. The remaining blocks are all the blocks from the hardfork blockheight to the node expiration. For instance, if...
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Sinovate releases a new Imminent Hardfork!
BySINOVATE
/ February 21, 2023
Dear Sinovators, The blockchain will have a new hardfork that removes the issues we face in the network. This hardfork occurs on the 21st of February, 2023, at 1 PM GMT +0. What are the issues? The network is facing instability in the maintenance of InfinityNodes, the efficiency of staking, and the...
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Update of January 2023: Situation, Evolution, and Perspectives
BySINOVATE
/ January 28, 2023
Dear Sinovators, The development team wishes you a happy new year 2023 and we believe this year is going to be tremendous for the cryptocurrency space and our project. 2022 was a tough year and the project is preparing for big changes in its future. Let’s resume together the situation and...
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SINOVATE Financial Statement: September 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for September 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: August 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for August 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: July 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for July 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: June 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for June 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: May 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for May 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: April 2022
BySINOVATE
/ October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for April 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Cloud 3.0: A Guaranteed Decentralization for an Optimal Data Storage.
BySINOVATE
/ May 26, 2022
SINOVATE anticipates that the Cloud decentralization process will bring fairness and freedom in the data governance based on cost-effective and evolutive blockchain infrastructures. Data governance has become critical between some giant companies and countries because of the data market growth. People are increasingly aware of the risks associated with the...
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SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain
BySINOVATE
/ May 6, 2022
SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain One of the most innovative blockchain dCloud storage providers, SINOVATE, is set to enter the DeFi paradigm with its latest update, Betelgeuse. The highly awaited release seeks to bridge its mainchain with Ethereum (ETH) and Binance Smart Chain (BSC). Fundamentally,...
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SINOVATE enters the DeFi paradigm: Bridging with Ethereum (ETH) and Binance Smart Chain (BSC)
BySINOVATE
/ April 29, 2022
SINOVATE revolutionizes the decentralized Cloud space by implementing cutting-edge blockchain and data management technologies. The journey starts with deterministic Infinity Nodes (DIN) for ensuring a reliable infrastructure to welcome blockchain-based data storage. Then, SINOVATE decided to implement a hybrid consensus protocol with Bitcoin Core update for block validation to reinforce...
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SINOVATE Financial Statement: March 2022
BySINOVATE
/ April 25, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for March 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: February 2022
BySINOVATE
/ April 25, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for February 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE successfully upgrades to BETELGEUSE
BySINOVATE
/ April 12, 2022
SINOVATE is innovating to build the decentralized Cloud (aka dCloud or Cloud 3.0) for the future of businesses and individuals’ data storage. SINOVATE is happy to announce the official release of the BETELGEUSE has been successful after two hard forks. The first occurred on the 27th of March 2022 (900,000...
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BETELGEUSE Unlocks the Infinite Potential of Web 3.0 Data Storage
BySINOVATE
/ March 22, 2022
The data storage industry in Cloud solutions will grow from 50 billion USD in 2020 to more than 130 billion USD, representing a compound annual growth rate (CAGR) of 22.3% during this period, according to the ResearchAndMarkets organization. This growing market centralizing the data storage was a way for guaranteeing...
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Proof-of-Stake enters in the SINOVATE blockchain.
BySINOVATE
/ March 16, 2022
On the 31st of March 2022, SINOVATE Network will operate a hard fork that changes the block validation mechanisms consistently. It brings more considerable scalability and security in the blockchain, which is beyond the VISA throughput. The Proof-of-Stake (PoS) works then cooperatively with the original X25X Proof-of-Work (PoW) mechanism for...
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SINOVATE builds a Blockchain respecting a Green Trilemma
BySINOVATE
/ March 10, 2022
SINOVATE aims to provide a decentralized Cloud (dCloud) infrastructure to download and upload data in a secure, fast, and low-cost way. It is then necessary to build a blockchain technology that may respect Buterin’s trilemma as much as possible. Decentralization, security, and scalability is a keystone of blockchain technologies. The...
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SINOVATE Financial Statement: January 2022
BySINOVATE
/ February 23, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for January 2022 below: Breakdown of Treasury Treasury funds fee from...
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Older Post
Articles
SINOVATE Cloud 3.0: A Guaranteed Decentralization for an Optimal Data Storage.
By SINOVATE / May 26, 2022
SINOVATE anticipates that the Cloud decentralization process will bring fairness and freedom in the data governance based on cost-effective and evolutive blockchain infrastructures. Data governance has become critical between some giant companies and countries because of the data market growth. People are increasingly aware of the risks associated with the...
Read More
SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain
By SINOVATE / May 6, 2022
SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain One of the most innovative blockchain dCloud storage providers, SINOVATE, is set to enter the DeFi paradigm with its latest update, Betelgeuse. The highly awaited release seeks to bridge its mainchain with Ethereum (ETH) and Binance Smart Chain (BSC). Fundamentally,...
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SINOVATE enters the DeFi paradigm: Bridging with Ethereum (ETH) and Binance Smart Chain (BSC)
By SINOVATE / April 29, 2022
SINOVATE revolutionizes the decentralized Cloud space by implementing cutting-edge blockchain and data management technologies. The journey starts with deterministic Infinity Nodes (DIN) for ensuring a reliable infrastructure to welcome blockchain-based data storage. Then, SINOVATE decided to implement a hybrid consensus protocol with Bitcoin Core update for block validation to reinforce...
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SINOVATE successfully upgrades to BETELGEUSE
By SINOVATE / April 12, 2022
SINOVATE is innovating to build the decentralized Cloud (aka dCloud or Cloud 3.0) for the future of businesses and individuals’ data storage. SINOVATE is happy to announce the official release of the BETELGEUSE has been successful after two hard forks. The first occurred on the 27th of March 2022 (900,000...
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BETELGEUSE Unlocks the Infinite Potential of Web 3.0 Data Storage
By SINOVATE / March 22, 2022
The data storage industry in Cloud solutions will grow from 50 billion USD in 2020 to more than 130 billion USD, representing a compound annual growth rate (CAGR) of 22.3% during this period, according to the ResearchAndMarkets organization. This growing market centralizing the data storage was a way for guaranteeing...
Read More
Proof-of-Stake enters in the SINOVATE blockchain.
By SINOVATE / March 16, 2022
On the 31st of March 2022, SINOVATE Network will operate a hard fork that changes the block validation mechanisms consistently. It brings more considerable scalability and security in the blockchain, which is beyond the VISA throughput. The Proof-of-Stake (PoS) works then cooperatively with the original X25X Proof-of-Work (PoW) mechanism for...
Read More
SINOVATE builds a Blockchain respecting a Green Trilemma
By SINOVATE / March 10, 2022
SINOVATE aims to provide a decentralized Cloud (dCloud) infrastructure to download and upload data in a secure, fast, and low-cost way. It is then necessary to build a blockchain technology that may respect Buterin’s trilemma as much as possible. Decentralization, security, and scalability is a keystone of blockchain technologies. The...
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Everything to know about the imminent SINOVATE mainnet upgrade, the BETELGEUSE!
By SINOVATE / February 22, 2022
SINOVATE is innovating to build the decentralized Cloud (aka dCloud or Cloud 3.0) for the future of businesses and individuals’ data storage. After two public testnets in June 2021 and February 2022, SINOVATE is happy to announce the official release of the BETELGEUSE upgrade on the 31st of March 2022...
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SINOVATE Codebase Set to Update to Bitcoin Core 0.21.99
By SINOVATE / August 12, 2021
SINOVATE Codebase Set to Update to Bitcoin Core 0.21.99 The open-source blockchain dCloud storage solution, SINOVATE, is all set for a significant technological update by adding the Bitcoin Core 0.21.99 in its blockchain. This upgrade is an integral part of the SINOVATE roadmap’s Q2 2021 milestone by the codename BETELGEUSE, which...
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The upcoming release introduces a total overhaul of the core desktop wallet
By SINOVATE / July 8, 2021
New Blockchain Core WalletSINOVATE (SIN) is a state-of-the-art innovative community-driven cryptocurrency project that brings novel and cutting-edge technological features without an ICO, pre-mine or funding. Since 2019, SINOVATE has been releasing different Mainnet upgrades with significant improvements in terms of technological features and the expansion of the ecosystem. In December 2020,...
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Betelgeuse unites with Constellation for a Unique Upgrade of SINOVATE Network
By SINOVATE / June 28, 2021
SINOVATE (SIN) is a state-of-the-art innovative cryptocurrency project which brings novel and cutting-edge technological features. In March 2021, SINOVATE announced plans to develop three different releases called BETELGEUSE, CONSTELLATION, and DOPPLER. Every release will bring significant improvements in terms of technological features and the expansion of the ecosystem. Today, the...
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BETELGEUSE Mainnet Upgrade Public Testnet is Live!
By SINOVATE / May 29, 2021
SINOVATE (SIN) is delighted to announce the Public Testnet for the BETELGEUSE Mainnet Upgrade, which marks the final stage before it goes live. Testing will last for one week from May 25, 2021, UTC 00:00 AM to June 1, 2021, UTC 00:00 AM, permitting hybrid consensus and proof-of-stake functionality with the...
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SINOVATE solving Cryptocurrency Inflation with Proof-of-Burn
By SINOVATE / May 24, 2021
Greetings SINOVATORS, You have probably tried in discussions with your parents or seniors to compare the price of your recently purchased house with theirs. Quickly, parties conclude that if seniors had the same amount of money, their life would have been easier. However, it reflects a particular effect of our...
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SINOVATE successfully implements Hard Fork
By SINOVATE / March 3, 2021
MINI Infinity Node rewards issue resolved SINOVATE (SIN) is delighted to confirm that the MINI Infinity Node Tier Hardfork was successful. A Mandatory Wallet Upgrade was released, where PC and infinity node wallets had to be updated prior to block height 617,000 in order to continue receiving rewards, following the recent...
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SINOVATE successfully implements Hard Fork
By SINOVATE / March 3, 2021
MINI Infinity Node rewards issue resolved SINOVATE (SIN) is delighted to confirm that the MINI Infinity Node Tier Hard Fork was successful. A Mandatory Wallet Upgrade was released, where PC and infinity node wallets had to be updated prior to block height 617,000 in order to continue receiving rewards, following the...
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SINOVATE fully distributes initial HODL Coin Offering rewards
By SINOVATE / February 19, 2021
SINOVATE (SIN) has fully distributed initial rewards to participants of the SINOVATE HODL Coin Offering (HCO). Payments received from this marketing campaign can be viewed on the “EARN” tab within the native SINOVATE Wallet and by inserting your HCO receiving address into the SINOVATE Explorer. When were the first rewards...
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SINOVATE distributes first HODL Coin Offering rewards
By SINOVATE / January 13, 2021
Happy New Year SINOVATORS! SINOVATE (SIN) has distributed the first rewards to participants of the SINOVATE HODL Coin Offering (HCO) early. Payments received from this marketing campaign can be viewed on the “EARN” tab within the native SINOVATE Wallet and by inserting your HCO receiving address into the SINOVATE Explorer....
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Introducing SINOVATE One-Click setUP: Node creation made easy
By SINOVATE / December 14, 2020
Introducing SINOVATE 1-Click setUP: Node creation made easy The recent AURORA mainnet upgrade came equipped with a multitude of new enhancements including the first of its kind, in-wallet One-Click setUP feature, making infinity node creation as easy as possible. This article explains how SINOVATE setUP works, the benefits provided, and how...
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SINOVATE HODL Coin Offering Marketing Campaign goes live
By SINOVATE / December 11, 2020
Cold staking without a cost The SINOVATE HODL Coin Offering (HCO) Governance Proposal has been accepted by the SIN community and is now live. This marketing campaign was created with inexperienced users in mind and enables SIN coins to be earned without setting up an Infinity Node and purchasing a Virtual...
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SINOVATE AURORA Mainnet goes live
By SINOVATE / November 26, 2020
Block height 550, 000 initiated. Infinity Nodes transition to DIN 1.0 The SINOVATE AURORA mainnet upgrade is now live. Block height 550, 000 initiated on 21st November 2020, marking the transition from existing masternode enhanced Infinity Nodes to pure Deterministic Infinity Nodes (DIN) 1.0, created and entirely built by the SINOVATE...
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Network Post
SINOVATE Network Stats: July 2021
By SINOVATE / August 4, 2021
Welcome to SINOVATE monthly stats of July 2021!The purpose of these periodic metrics reports is to track the progression state of the SINOVATE network and ecosystem. This initiative is prompted by repeated requests from the community regarding detailed statistics and explanations on different network states.For more details, I suggest you...
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SINOVATE Monthly Network Stats: June 2021
By SINOVATE / July 6, 2021
Welcome to our monthly stats of June 2021! The purpose of these periodic metrics reports is to track the progression state of the SINOVATE network and ecosystem. This initiative is prompted by repeated requests from the community regarding detailed statistics and explanations on different network states. Tracking data from the network and...
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Financial
SINOVATE Financial Statement: September 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for September 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: August 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for August 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: July 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for July 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: June 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for June 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: May 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for May 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: April 2022
By SINOVATE / October 12, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for April 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: March 2022
By SINOVATE / April 25, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for March 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: February 2022
By SINOVATE / April 25, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for February 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: January 2022
By SINOVATE / February 23, 2022
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for January 2022 below: Breakdown of Treasury Treasury funds fee from...
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SINOVATE Financial Statement: November 2021
By SINOVATE / December 8, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for November 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: October 2021
By SINOVATE / November 9, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for October 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: September 2021
By SINOVATE / September 30, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for September 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: August 2021
By SINOVATE / September 2, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for July 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: July 2021
By SINOVATE / August 5, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for July 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: June 2021
By SINOVATE / July 5, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for June 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Financial Statement: May 2021
By SINOVATE / June 9, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please stay at home, follow the rules, and most importantly, stay safe. Please see the distribution...
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SINOVATE Financial Statement: April 2021
By SINOVATE / May 2, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please stay at home, follow the rules, and most importantly, stay safe. Please see the distribution...
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SINOVATE Financial Statement: March 2021
By SINOVATE / April 1, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. This includes financial updates, where all monthly expenditures incurred are provided. This policy will be implemented on a continuous basis forever. Please stay at home, follow the rules, and most importantly stay safe. Please see the distribution details for...
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SINOVATE Financial Statement: February 2021
By SINOVATE / March 6, 2021
SINOVATE (SIN) provides transparency across business and development-related activities to its community. This includes financial updates, where all monthly expenditures incurred are provided. This policy will be implemented on a continuous basis forever. Please stay at home, follow the rules, and most importantly stay safe. Please see the distribution details for...
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SINOVATE Financial Statement: January 2021
By SINOVATE / February 4, 2021
SINOVATE (SIN) provides transparency across business and development related activities to its community. This includes financial updates, where all monthly expenditures incurred are provided. This policy will be implemented on a continuous basis forever. Please stay at home, follow the rules, and most importantly stay safe. Please see the distribution details...
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Weekly Post
Mandatory Wallet Upgrade!
By SINOVATE / February 27, 2023
Dear Sinovators, On the 22nd of February, 2023, occurred a hardfork that has been explained in this announcement: here. This hard fork was necessary because of the large security and stability issues brought by the InfinityNode technology. This technology requires consequent refactoring to be able to host data. The rewind...
Read More
MANDATORY: InfinityNode Owners must claim their Rewards!
By SINOVATE / February 24, 2023
Dear Sinovators, The recent hardfork will remove the InfinityNodes, and they will no longer receive rewards. The hardfork will mint the coins to fill all the existing nodes of their remaining blocks. The remaining blocks are all the blocks from the hardfork blockheight to the node expiration. For instance, if...
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Sinovate releases a new Imminent Hardfork!
By SINOVATE / February 21, 2023
Dear Sinovators, The blockchain will have a new hardfork that removes the issues we face in the network. This hardfork occurs on the 21st of February, 2023, at 1 PM GMT +0. What are the issues? The network is facing instability in the maintenance of InfinityNodes, the efficiency of staking, and the...
Read More
Update of January 2023: Situation, Evolution, and Perspectives
By SINOVATE / January 28, 2023
Dear Sinovators, The development team wishes you a happy new year 2023 and we believe this year is going to be tremendous for the cryptocurrency space and our project. 2022 was a tough year and the project is preparing for big changes in its future. Let’s resume together the situation and...
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SINOVATE Financial Statement: December 2021
By SINOVATE / January 5, 2022
SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for December 2021 below: Breakdown of Treasury Treasury funds fee from every...
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SINOVATE Bi-Weekly Report 15/10/2021 ~ 30/10/21
By SINOVATE / December 8, 2021
The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x. We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays....
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SINOVATE Bi-Weekly Report 30/09/2021 ~ 15/10/21
By SINOVATE / October 20, 2021
The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x. We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays....
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SINOVATE Bi-Weekly Report 15/09/2021 ~ 30/09/21
By SINOVATE / September 30, 2021
Starting this week, we will be releasing Bi-Weekly reports instead of weekly reports. This was decided to have more content on our reports. The BETELGEUSE release had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and...
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SINOVATE Weekly Update 30/08/2021 ~ 06/09/21
By SINOVATE / September 8, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 23/08/2021 ~ 30/08/21
By SINOVATE / September 2, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 16/08/2021 ~ 23/08/2021
By SINOVATE / August 25, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 09/08/2021 ~ 16/08/2021
By SINOVATE / August 18, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 02/08/2021 ~ 09/08/2021
By SINOVATE / August 12, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 26/07/2021 ~ 02/08/2021
By SINOVATE / August 6, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive...
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SINOVATE Weekly Update 19/07/2021 ~ 26/07/2021
By SINOVATE / July 28, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In August, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the...
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SINOVATE Weekly Update 12/07/2021 ~ 19/07/2021
By SINOVATE / July 21, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the...
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SINOVATE Weekly Update 05/07/2021 ~ 12/07/2021
By SINOVATE / July 13, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the...
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SINOVATE Weekly Update 28/06/2021 ~ 05/07/2021
By SINOVATE / July 6, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the...
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SINOVATE Weekly Update 21/06/2021 ~ 28/06/2021
By SINOVATE / June 29, 2021
The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the...
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SINOVATE Weekly Update 14/06/2021 ~ 21/06/2021
By SINOVATE / June 23, 2021
We have been thoroughly testing the PoS4 hybrid consensus algorithm and our new codebase BTC 0.21 before implementing the upcoming Betelgeuse Mainnet upgrade. The public testnet is still ongoing. Please join and participate to have a taste of our custom fourth-generation proof of stake consensus algorithm.The new codebase is fast,...
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Monthly Post
SINOVATE Monthly Update: September 2021
By SINOVATE / October 20, 2021
Greeting SINOVATORS, The BETELGEUSE release had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x. We have been developing our upcoming mainnet for a while, but we have encountered unforeseen...
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SINOVATE Monthly Update: August 2021
By SINOVATE / September 30, 2021
Greeting SINOVATORS, As you all know, we combine two hardforks into one; we have extensive development and bug fixes going on in the background. Constellation is the name of our massive mainnet network upgrade, and we are slowly but steadily preparing for our deadline. Constellation mainnet upgrade combines the hybrid...
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SINOVATE Monthly Update: July 2021
By SINOVATE / August 8, 2021
Greeting SINOVATORS, As you all know, we combine two hardforks into one; we have extensive development and bug fixes going on in the background. Constellation is the name of our massive mainnet network upgrade, and we are slowly but steadily preparing for our deadline. Constellation mainnet upgrade combines the hybrid...
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SINOVATE Monthly Update: June 2021
By SINOVATE / July 7, 2021
Greeting SINOVATORS, As you all know, we combine two hardforks into one; we have extensive development and bug fixes going on in the background. Constellation is the name of our massive mainnet network upgrade, and we are slowly but surely preparing for our deadline. Constellation mainnet upgrade combines the hybrid...
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SINOVATE Monthly Report: May 2021
By SINOVATE / June 10, 2021
Greetings SINOVATORS, It has been an exciting and action-packed May with many code developments and bug fixes. 2021 is a landmark year for us with many expected implementations on the horizon, including the release of our decentralized cloud storage solution Incorruptible Data Storage (IDS), the in-house built PoS4 algorithm for...
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SINOVATE Monthly Report: April 2021
By SINOVATE / May 3, 2021
SINOVATE (SIN) Team encountered an exciting and action-packed April with many code development. This article forms part of an ongoing monthly series, where key activities and milestones are discussed. 2021 will be a landmark year for us with many expected implementations on the horizon, including the release of our decentralized...
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SINOVATE Monthly Report: March 2021
By SINOVATE / April 2, 2021
SINOVATE (SIN) Team experienced an exciting and action-packed March. This article forms part of an ongoing monthly series, where key activities and milestones achieved will be discussed. 2021 will be a landmark year for SINOVATE with many keenly anticipated implementations on the horizon, including the release of our decentralized cloud...
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SINOVATE Monthly Report: February 2021
By SINOVATE / March 8, 2021
SINOVATE (SIN) Team experienced an exciting and action-packed February. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed. 2021 will be a landmark year for SINOVATE with many keenly anticipated implementations on the horizon, including the release of our decentralized cloud...
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SINOVATE Monthly Report: February 2021
By SINOVATE / March 8, 2021
SINOVATE (SIN) Team experienced an exciting and action-packed February. This article forms part of an ongoing monthly series, where key activities and milestones achieved will be discussed. 2021 will be a landmark year for SINOVATE with many keenly anticipated implementations on the horizon, including the release of our decentralized cloud...
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SINOVATE Monthly Report: January 2021
By SINOVATE / February 6, 2021
The SINOVATE (SIN) Team experienced an exciting start to the year. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed. 2021 will be a landmark year for SINOVATE with many exciting implementations on the horizon, including the release of our decentralized...
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SINOVATE Monthly Report: December 2020
By SINOVATE / January 6, 2021
The SINOVATE (SIN) Team experienced an exciting and action-packed December. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed. 2021 will be a landmark year for SINOVATE with many exciting implementations on the horizon, including the release of our decentralized cloud...
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SINOVATE Monthly Report: November 2020
By SINOVATE / December 3, 2020
SINOVATE (SIN) experienced an exciting November packed with substantial development activity and exciting announcements. The highly anticipated AURORA Mainnet and Deterministic Infinity Node (DIN) 1.0 integration is now live, marking the successful transition from the Dash legacy masternode code previously implemented by infinity nodes to the first of its kind,...
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SINOVATE Monthly Report: October 2020
By SINOVATE / November 4, 2020
SINOVATE (SIN) experienced an exciting October packed with substantial development activity and exciting announcements. The highly anticipated AURORA Mainnet and Deterministic Infinity Node (DIN) 1.0 integration will go live at block height 550.000, marking the successful transition from the Dash legacy masternode code currently implemented by infinity nodes to the...
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SINOVATE Monthly Report: September 2020
By SINOVATE / October 3, 2020
SINOVATE (SIN) experienced an exciting September packed with substantial development activity. The highly anticipated DIN (Deterministic Infinity Node) 1.0 public testnet is well underway. The testnet phase will last for approximately two weeks (subject to change, depending on bugs found) and will swiftly be followed by DIN integration. The official...
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SINOVATE Monthly Report: August 2020
By SINOVATE / September 6, 2020
SINOVATE (SIN) has experienced a relatively quiet month for new announcements. The SINOVATE team continues to work tirelessly to iron out and resolve remaining bugs for the DIN (Deterministic Infinity Node) 1.0 codebase, prior to the mainnet AURORA upgrade release. The closed testnet phase will be open to the public soon....
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SINOVATE Monthly Report: July 2020
By SINOVATE / September 6, 2020
SINOVATE (SIN) has experienced a relatively quiet month for new announcements. The SINOVATE team continues to work tirelessly to iron out and resolve remaining bugs for the DIN (Deterministic Infinity Node) 1.0 codebase, prior to the mainnet AURORA upgrade release. The closed testnet phase will be open to the public soon....
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SINOVATE Monthly Report: June 2020
By SINOVATE / September 6, 2020
The SINOVATE (SIN) Team experienced an exciting and action-packed June. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed. Please stay at home, follow the rules, and most importantly stay safe. ANNOUNCEMENTS & PARTNERSHIPS SINOVATE HODL Coin Offering Governance Proposal accepted...
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SINOVATE Monthly Report: April 2020
By SINOVATE / September 6, 2020
Due to the on-going COVID-19 pandemic, the past month has been relatively quiet for new announcements, which is likely to remain the case during the outbreak. Rest assured that we continue to work tirelessly to achieve all of our goals. The SINOVATE team sends its best wishes to our community...
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SINOVATE Monthly Report: March 2020
By SINOVATE / September 6, 2020
Due to the on-going COVID-19 pandemic, the past month has been relatively quiet for new announcements, which is likely to remain the case during the outbreak. Rest assured that we continue to work tirelessly to achieve all of our goals. The SINOVATE team sends its best wishes to our community...
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SINOVATE February 2020 Monthly Report
By SINOVATE / September 6, 2020
The SINOVATE (SIN) Team experienced an exciting and action-packed February. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed. ANNOUNCEMENTS & PARTNERSHIPS SINOVATE releases Incorruptible Data Storage explainer video SINOVATE has released its fourth short explainer video, which describes the extensive...
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