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 data monopoly of massive companies,…

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, a Smart Contract, this bridging…

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 its security, efficiency, and scalability.…

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 blockheight), but the staking difficulty…

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 high quality of services because…

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 guaranteeing the authenticity of the…

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 release of BETELGEUSE tends to…

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 (block height 900,000). Therefore, we…

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 will also see the hybridization…

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, SINOVATE changed the core desktop…