Table of Contents

SINOVATE : WHITEPAPER V2 Light Version 2

INTRODUCTION 3

OUR VIEW 4

2. OUR MISSION 5

3. FEATURES 6

3.1 NEW X25X ALGORITHM 6

3.2 PROOF OF BURN 7

3.3 SINOVATE INFINITY NODES 8

3.4 INFINITY NODES TIERS & REWARDS DISTRIBUTION 10

4. PRODUCTS & SERVICES 10

4.1 IDS PROTOCOL 11

4.1.1 DataStore 11

4.1.2 DataSend 12

4.2 SINOVATE DOCUMENT VERIFICATION S.D.V. 12

4.3 R.S.V. Revolving Sovereignty Votes 14

4.4 SIN SYSTEM ECONOMY 15

4.5 INFINITY NODES SECURITY & ANONYMITY 17

4.5.1 What is FlashSend? 17

4.5.2 Why is FlashSend necessary? 17

5. DEVELOPMENT PROGRESS 18

5.1 INNOVATION 18

5.2 EXPERIENCE 19

6. SINOVATE USE CASES 19

7. BUSINESS STRATEGY 20

7.1 MARKETING STRATEGY 21

7.2 FINANCIAL CLARIFICATION & TRANSPARENCY 21

7.3 MILESTONES 22

7.4 SWOT ANALYSIS 23

7.5 ROADMAP 24

7.6 SINOVATE TEAM 30

7.7 SINOVATE MINING 33

7.8 MARKETING CHANNELS & PLATFORMS 36

7.9 References 37

Authors: Christopher P. ThompsonNick MooreAmit Kaushal and Tamer Dagli

INTRODUCTION

SINOVATE (SIN) is an open-source state of the art Peer-to-Peer (P2P) digital cryptocurrency dedicated to developing cutting edge Blockchain products, services, and solutions.

SIN seeks to implement innovative Blockchain technologies into all areas of the modern economy and is continuously researching new applications for private and corporate use.

These features include the X25X algorithm, FlashSend, Infinity Nodes, Incorruptible Data Storage (I.D.S.), Revolving Sovereignty Votes (R.S.V.), and SINOVATE Document Verification (SDV).

SINOVATE has embraced and developed Blockchain Technology to serve best the interests of individuals or groups who wish to use it. SINOVATE is proud to have assembled a diverse, experienced, and talented team to serve the community by helping to educate how SINOVATE can be used. There is wholehearted commitment towards building an active community, and by doing so, pave the way towards the mass adoption of cryptocurrencies. SINOVATE, together with its team, believes in transparency and is aware of the current challenges facing the Blockchain Community as a whole.

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1. OUR VIEW

The SINOVATE project strives for innovation and is a democratic solution, guided by the community to benefit all.

Our view differs from others. We want the community to be able to decide and influence the development of our eco-system and the entire industry. That’s why we give our users the opportunity to become part of the SINOVATE community. Our goal is to create a platform that learns from the mistakes of others and act based on what the community needs. We want to offer a more transparent product, a more natural way to implement it, and a solution to the existing problems in the cryptocurrency community.

SINOVATE is aware of the vital role a community serves in supporting the success of a project. Each member of the SINOVATE Community can participate and influence the decisions for the benefit of the ecosystem and the entire industry. SINOVATE strives to be as innovative and democratic as possible.

Ultimately, SINOVATE has adopted proven ideas and technology from other Blockchain projects and has, at the same time, learned from the mistakes of others. It is our goal to grow a platform based on the needs of the community. SINOVATE wants to offer a more transparent product, a more natural way to implement it, and a solution to the existing problems in the crypto community.

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2. OUR MISSION

In this new digital space called blockchain, Creating and Building Innovation is very challenging and dynamic. Though Cryptographic technology is still in its infancy, its advantages are proven. Many economists forecast that blockchain will revolutionize nearly every modern industry. The implications of this are far-reaching and extend past the traditional use of cryptocurrency as a store of value.

SINOVATE is a decentralized open-source network that is composed of a combination of pre-existing and innovative blockchain technologies. This combination has been explicitly tailored to overcome the challenges of scalability, security, and ingenuity.

For a rough comparison that may serve useful, the total world cryptocurrency market cap is at around the US $220 billion and climbing. Thought leaders in the cryptocurrency field, such as William Mougayar, talk about “vanity metrics” — the breaking of records at each “Next Big” cryptocurrency launch that only seems relevant to those in the cryptocurrency industry. In this blockchain world, a big launch party is confused with as-yet-unproven success in the field. According to even those who embrace cryptocurrency culture, more than nine out of ten blockchain-based start-ups are likely to go to the wall. Expectations of success from the experts are less optimistic than even for regular start-ups.

To a large extent, we believe that this is due to the disbalance between the complexity of the technical aspects of the projects and the actual business use of the services. Users are not able to validate within a reasonable amount of time after the launch of the cryptocurrency. Waiting two years for a technology to be developed and then to begin thinking on how other businesses can adopt that technology seems to be a challenging concept. Therefore, our goal is to launch SINOVATE innovations in combination with a user-friendly platform that is fully integrated into the user’s day to day life. We want to Create, Build, and Innovate!

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3. FEATURES

SINOVATE was chosen as the name to represent the core beliefs and plans of the project best. There is energy to build upon how current Blockchains function by innovatively creating new features. As things stand, many unique features have already been developed, namely Infinity Nodes. SINOVATE expands what Blockchain has to offer, but also keeps in mind and acts according to other struggles most projects face.

We are providing the solutions necessary to make SINOVATE the next-generation platform, and the currency through SINOVATE’s features. Here is how they work and what they bring to the table.

3.1 NEW X25X ALGORITHM

The SIN Blockchain runs on the custom in-house built X25X proof-of-work algorithm. This is a brand-new algorithm to space and is available to all users with a focus on GPU mining. X25X is developed to be ASIC, FPGA, and Quantum resistant with the addition of SWIFFTX to the algorithm chain. This is to ensure that SINOVATE has a fair, decentralized consensus mechanism available to all.

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X25X pursuits the goal of ASIC and FPGA resistance by implementing multiple additional features over the standard proof of work algorithm chains like X11. One of these features is increasing the memory requirements by a factor of 24 (previous SIN algorithm, x22i was by a factor of 4 over x11), which is not a problem for CPU and GPU but much harder to deal with for FPGA and ASIC; the reason for this is they need to either use commodity RAM (giving them no advantage over CPU and GPU) or implement more internal ram, increasing the chip space needed.

Additionally, X25X has a new shuffle stage, working on the 1536 bytes buffer (for every nonce), with random access. The purpose of this is preventing many optimizations that defeat the purpose of the bigger buffer and also to avoid private miners coming out with secret tricks involving, for example, combining multiple algorithms into one (because final result needs the output of every stage). This stage also indirectly promotes the writing of clean code for the algorithm so that the open-source code is more valuable both in terms of quality and hash rate, which is essential in the long term.

Another significant advantage of this stage is lower power consumption for GPUs, as the stage is dependent on random RAM access, which puts wait cycles in the process.

3.2 PROOF OF BURN

Infinity Nodes implements the Proof of Burn (POB) mechanism, which by definition, provides Blockchain network validity by ensuring that all participating nodes reach consensus. In SINOVATE’s case, POB secures the network still further, by forcing bad actors to think twice before attempting to carry out malicious activities. SIN coins must be sent to a non-spendable address to initiate the burn process.

Infinity Nodes have an operational lifespan of 12 months and must remain active for this entire duration to enable sustained network stability. POB provides this stability for future use cases such as I.D.S. (Incorruptible Data Storage), as a decreasing circulating supply will significantly lower sell pressure on investors and increase the value of their holdings, creating an all-round beneficial environment.

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3.3 SINOVATE INFINITY NODES

A simple node is a wallet running on a user’s device, relaying transactions, and keeping up to date with the blockchain.

Nodes are vital parts of the network and can be described as computers that work to ensure the integrity of a network. In this case, the network is that of the SINOVATE chain.

SINOVATE’s value comes from being dispersed across the globe, running on many nodes across borders and jurisdictions while hosting a replicated blockchain.

Infinity node is, much like a node, supports and helps a cryptocurrency network through the form of a wallet that is continuously online and aids or adds services to the blockchain. The distributed ledger is replicated by the node owner, who is compensated for using their resources via SIN. They provide additional services above the proof-of-work layer and provide an alternative to earning cryptocurrency via mining to an owner.

When a user has a sufficient amount of coins, they can lock up their coins and configure a virtual hosted server that earns rewards for the contribution their node makes to the network.

SINOVATE is proud to pioneer this groundbreaking technology, which successfully provides passive, annual income while concurrently decreasing inflation. Infinity Nodes are the evolution of Masternodes and aim to revolutionize current financial interest methods.

Typically, Masternode[5], Proof of Stake (POS), and even Proof of Work (PoW) cryptocurrencies fail to address the obstacles involving high inflation and emission, leading to deflation of value.

SIN coins used to create nodes are burnt immediately. The Infinity Node system entirely removes coins from the SINOVATE Blockchain, rewarding owners, for example, a guaranteed minimum annual interest of around up to 22%(BIG), assuming the limit of 594 million SIN is locked into Infinity Nodes which happens to be the worst-case scenario. Proof-of-Burn based Infinity Nodes significantly reduces emission levels, not seen with other Masternode or proof-of-work projects.

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Unlike traditional Masternodes, Infinity Nodes and the coins that are set up for nodes are removed from the circulating supply to control inflation while continuing to support, validate, and secure the network. The incentive rate received is dependent on the number of Infinity Nodes. If the node limit is exceeded, return on SIN coins is received within the first 300 out of 365 days.

Similar to conventional Masternodes[6], the rewards are not distributed via a Ring Signature procedure and are instead calculated by average. For each block, the X25X algorithm finds the top 30 nodes spanning across each Infinity Node tier. One Big, Mid, and Little SIN Node must be found within this list, to initiate the rewarding process.

For instance, should no Mid SIN Infinity Node be found, all rewards relating to that block are undistributed and permanently burnt.

All Infinity Nodes have a theoretical life of 12 months up until they are removed from the node count to control the inflation in the number of nodes. Node payments are received every day, for one year.

At the end of the Infinity Node’s locked up period, the nodes vanish forever.

For full transparency, burnt coins are sent to the address below in the process of burn:

SinBurnAddress123456789SuqaXbx3AMC

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3.4 INFINITY NODES TIERS & REWARDS DISTRIBUTION

  • There are three tiers for Infinity Nodes
  • 100K for Little SIN up to minimum 12% annually
  • 500K for Mid SIN up to min 17% with 5% bonus annually
  • 1.000K for Big SIN up to min 22% with 10% bonus annually
  • 10K collateral required to operate and generate rewards
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4. PRODUCTS & SERVICES

I.D.S. is a revolutionary Private Networking mechanism, designed to allow users to store files for future retrieval and verification and send encrypted files to one another anonymously. It also allows private messaging between users, using the SINOVATE chain to guarantee security and prevent censorship. Users can choose the level of encryption they need, from 256 to 1024 bits. I.D.S. has five steps of data storage and sending, starting with 1.5 MB at level 1 to unlimited storage at Level 5. I.D.S. level 5 encourages enterprises to move away from expensive data centers in the future.[7]

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4.1 IDS PROTOCOL

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4.1.1 DataStore

DataStore allows users to store digital documentation or data, timestamped with metadata, and secured by the incorruptible SIN Blockchain.

With the data stored and secured, at any time, a local copy of the document or data can be compared with that stored in the Blockchain. SINOVATE cryptography and the Blockchain provide the underlying trust and empirical truth to enable the data stored to be validated.

4.1.2 DataSend

Using the same technology and the underlying I.D.S. protocol also allows users to send data and documentation to each other using the trusted and secure SINOVATE Blockchain to guarantee the validity of the data.

Following unique benefits:

  • Increased security of personal information.
  • Data control back in the hands of users and recipients, with no additional storage costs.
  • Privacy of data. This is paramount in the face of Facebook, Google, and other data hacks and misuse.
  • Alleviation of hacking and disruptions that centralized databases are prone to experience.
  • I.D.S. DataSend Level 1 will allow up to 1.5 MB of encrypted documents between the two parties.
  • I.D.S. Level 5 will allow unlimited send and unlimited storage.
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4.2 SINOVATE DOCUMENT VERIFICATION S.D.V.

A blockchain is a public ledger used to record all the transactions in a decentralized manner rather than using a physical ledger or a centralized database. While blockchain technology was first implemented as a currency, its use cases and functionalities have evolved to include activities such as trading, file storage, payment services, identity management, financial exchanges, medical records management, education, and much more.

Sadly, in today’s environment, false documents are pandemic and can be readily available around the globe. As the fraudulent documents precisely look like the originals, it is cumbersome for the layman to identify the real and duplicate. The issuing institutions face increasing demand for legitimate copies to verify the documents of candidates as originals hard to prove.

Blockchain can significantly aid this area with its unique properties of storage of data combined with the ability to timestamp said data, and with the public/private key cryptography to control access and verify, it can be used for decentralized document verification.

Since document verification is joint in every step of life, whether a birth, marriage, court proceedings, employment purposes, official letter, or any new uses, it can be adequately done by the SIN blockchain.

Using SINOVATE’s I.D.S. platform, a user can safely store a document on the SIN network and control access or send it to other users securely. The document is stored encrypted with the user able to compare a local copy with that stored in the blockchain, verifying the authenticity of the document.

How it works:

Think an institution has decided to store its certificates on blockchain for safety, availability, and authenticity purposes. The first mark is converting the document to a one-way cryptographical hash provided by SINOVATE, and the hash code is then saved in the SIN blockchain. The one-way cryptographical hash code serves as a copy of the document, and the string of code performs as the proof of the document. When the owner grants this document elsewhere, the code remains the same as saved in the blockchain. If the cryptographical hash matches the details stored on SIN blockchain by the institution, the certificates produced are genuine. If the documents are modified in any way, they do not match. For example, a single pixel changed on a signature would produce an invalid match.

S.D.V. (SINOVATE Document Verification) works hand in hand with SINOVATE’s I.D.S. (Incorruptible Data Storage) and DataSend, combining these features provides users a reliable and secure system they can rely on for complete trust-less documentation.

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4.3 R.S.V. Revolving Sovereignty Votes

Decentralized governance is the future of any successful Blockchain project. SINOVATE believes that Blockchain is ubiquitous in the underlying infrastructure and services in the future of everyday life. Having fair voting for developments, marketing, and innovations of the SINOVATE chain is vital for everyone.

SIN node owners can participate in the voting for the life of their nodes, which is 365 days, so users who wish to continue gaining interest while having a right to vote must have a SIN node.

Revolving Sovereignty Votes (R.S.V.) is backed by Infinity Nodes, so after the first 12 months cycle, the nodes and the votes are revolving for low emissions and fair voting.

Infinity Nodes contain an enhanced E-Governance system designed to put power in the hands of its users, in the form of revolving votes.

These replace the traditional voting system and are dependent on the lifespan of nodes. Revolving Sovereignty Votes(RSV) allow for the most decentralized E-Governance voting system. In other words, community members who wish to vote must continue to own a node whenever their maturity date finishes.

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4.4 SIN SYSTEM ECONOMY

SINOVATE philosophy is to encourage reward growth in the Blockchain space and build the economy of the system with that in mind. Inflation is an issue that faces many other projects which use Proof-of-Stake, Proof-of-Work, or Masternode systems.

The bloated emission rates of many other Masternode projects, drive down the price of the coin or token, which leads to ever decreasing rewards for investors.

Our goal is to create a deflationary system using Infinity Nodes to revolutionize Masternode Technology. SINOVATE’s unique burn mechanisms ensure that inflation is kept firmly regulated.

SINOVATE sets itself aside from ordinary split Proof-of-Work/Masternode systems, while seeking to create continuous growth, volume and exposure together with controlled inflation. Also, big sell scenarios from wallets containing significant holdings are mitigated mainly, if these SIN coins are locked into Infinity Nodes and earning interest.

High node count equates to reduced rewards, with fewer coins in circulation impacting the selling pressure of SIN coins positively in the long run. Conversely, less locked in nodes means higher interest for a short period. Should all Infinity Node tiers reach maximum capacity,, the growth of SIN is likely to be significantly impacted upwardly.

Significant benefits offered by Infinity Nodes are designed to encourage investment and, therefore, increase the quantity of locked in nodes that secure the network, enabling swift and secure functionality as well as for future features such as I.D.S. to be implemented seamlessly. SINOVATE positions itself as the Masternode orientated cryptocurrency, which consistently integrates the highest number of nodes locked into its system. Incorruptible Data Storage and Encrypted Unlimited Data are amongst the critical innovations offered by SINOVATE, with the ultimate goal of mass adoption amongst the layman, merchants, and service providers alike.

How it works:

Infinity Nodes are designed to reward both early and late adopters. As the Blockchain grows and more users join, a higher quantity of fees is burnt through daily use. Fees are kept reasonable for regular use. The increased transactions in the network vanish through the burning of fees and locking up of Infinity Nodes, creating controlled inflation.

SIN system economy leads to a positive feedback loop that aids SINOVATE’s growth and development while rewarding node holders, miners, investors, and daily users.

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4.5 INFINITY NODES SECURITY & ANONYMITY

Infinity Nodes are chosen to process the FlashSend transactions using a pseudo-random ordering based on an algorithm, utilizing the hash from each block. The proof-of-work mining network thus provides the underlying security as with each new block, a different set of nodes is selected. This group is comprised of a selection of ten ranked nodes.

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4.5.1 What is FlashSend?

Over the last decade, code development has resulted in improvements in how Blockchain Technology functions. Innovations have been introduced, which have increased the security, reliability, and efficiency of sending transactions via a decentralized and trustless network.

FlashSend is a feature of the SINOVATE Blockchain that enables wallet users to send SIN in a matter of seconds (less than 2 seconds). It utilizes two elements of the network protocol, transaction locking, and Infinity Node consensus, to facilitate instantaneous transactions. With such rapid transfers, many additional use cases come into view. High-speed micro and mobile payments use become obvious.

FlashSend outperforms similar features on other Blockchains due to the high capacity, scalable nature of the SIN network. SINOVATE achieves 533 transactions per second, much faster than a previous proof of work iterations. SINOVATE blockchain structure delivers up to 75 times more scalability than Bitcoin and significantly faster. Current ongoing development aims for much-increased scalability in the future of the SIN Blockchain.

4.5.2 Why is FlashSend necessary?

As discussed above, transactions get confirmed by miners who direct processing power to find block hashes successfully. They then receive a reward as an incentive. If there are too many transactions processed, the time that is taken to find the next block can take minutes, or even hours. By paying a higher fee to transact in this situation, FlashSend can be used to transfer SIN instantly and irreversibly by using Infinity Nodes.

Infinity Nodes assures double-spend protection that acts as observers and giving them higher authority regarding FlashSend transactions, in a manner that does not result in high transaction fees. It allows merchants to use mobile devices instead of traditional centralized point of sale (PoS) systems, to settle commerce face-to-face without the inconvenience of waiting too long.

No central authority is required to observe or validate transactions, and FlashSend has an initial limit of 10,000 coins per transaction for micropayment functionality.

5. DEVELOPMENT PROGRESS

SINOVATE’s evolution initially depends on user growth generation. The platform is designed to scale rapidly under the influence of demand-side economies of scale and cross-side network effects. We intend to utilize the scaling potential and increasing the volume of transactions to develop features further to enhance the user’s experience. Moreover, we aim to expand our business model in terms of integrating with partners and connecting different ecosystems in one.

5.1 INNOVATION

Our big team of talented developers aims to lead innovation in the space with ever-evolving unique features. For instance, the innovation of the “time-lock” interest feature of SUQA has evolved into the concept of Infinity Nodes with their distinct coin burn mechanism; it brings significant improvements in Masternode security and Blockchain economy.

Sandbox environments are used for testing ideas and new features. Our testnets and sandboxes can simulate market and network conditions to aid monitoring and improving the primary SIN protocol. Several further innovations are under development, such as InfiniteChain, Deterministic Infinity Nodes, R.S.V. Infinity Nodes based DAO creation.

5.2 EXPERIENCE

SINOVATE builds on the work completed by Satoshi Nakamoto with its vast team of developers across the globe. We thank them, and as part of the SINOVATE development strategy, it would be unwise not to continue to learn lessons from the close to 20,000 commits (at the time of writing) on the open-source Bitcoin GitHub.

The team draws on experience from an extensive background of roles and continually keeps up to date with innovations in the broader crypto space. It is a vital objective of this strand to assess the developments of our friends, colleagues, and partners in other projects. SINOVATE aims to leverage the support and development of Bitcoin and other open-source projects if they add significant value to SINOVATE Technology.

SINOVATE Github has achieved more than 400 commits starting from the genesis block one year ago active with multiple daily commits.

SINOVATE Blockchain has 750.000 installed, 27.000 daily active wallets reaching 7.8 million total transactions in a year.

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6. SINOVATE USE CASES

There are many examples of how the SINOVATE Blockchain could be used in industries across a broad spectrum of fields. Adopting the unique features of Blockchain combined with the ability to store, send, and retrieve documentation securely is a powerful addition to the SINOVATE set of features.

It can be used in conjunction with legacy systems and processes to bring cutting edge technology to many businesses, sectors, and individual users. Documents stored and sent with SINOVATE are time stamped. At any point, a user can compare a local copy of documentation stored on the Blockchain through cryptography to prove it existed at a point in time. It allows users to sign documents using their SIN address as an identity digitally.

Document storage has proven challenging to implement with other Blockchain projects due to the latency in storing and retrieving documents. The SINOVATE chain, with its low latency, 533 Tx’s, can improve on previous iterations.

Data and documentation are stored in a decentralized manner across the SINOVATE Blockchain, meaning that the documents and data stored provide a source of truth that is incorruptible and immutable:

  • SINOVATE Finance Solution
  • SINOVATE Medical use and privacy
  • SINOVATE Insurance
  • Government
  • SINOVATE Education
  • Go Green, Go SINOVATE

Detailed information on use cases will be available in Whitepaper v3 XXL.

7. BUSINESS STRATEGY

SINOVATE platform needs to be economically sustainable for long term growth and viability. The business strategy is to provide a user-intuitive platform where users can enjoy, research, and implement the Blockchain solution and cryptocurrency into their daily lives. It will be accomplished by acting upon the community’s issues/hassles when needed and by offering a large selection of features and solutions to them.

At SINOVATE, there is immense potential for future growth within the cryptocurrency market. In March 2017, the estimated number of cryptocurrency users was between 2.9 and 5.8 million. Since then, proportional to the market price of Bitcoin, the number of cryptocurrency users has grown exponentially and is projected to exceed 200 million active users by 2024, driven by increased mainstream and institutional adoption.

SINOVATE aims to act upon this opportunity while the market is still in its infancy by catering our products and services to beginner and advanced users to attract corporate and institutional investors due to our core focus on security, integrity, and regulatory compliance. SINOVATE is not here for the hype, SINOVATE is here to stay, this has to do with our belief in the world of cryptocurrencies. We see the rising demand and need for Blockchain Technology, and are ready to expand on this further, help people implement it, and educate them.

7.1 MARKETING STRATEGY

Our first and already completed step is the launch of our web portal. According to our research, 70–80% of the marketing campaigns are through information distribution channels, and the company’s website embodies 80- 90% of this information load.

Therefore, SINOVATE has devoted its resources to the creation of a web portal that is not only beautifully designed and well organized, but also complete with full details about the possibilities of SINOVATE. It contains core information about our team structure, the ideology behind SINOVATE, schedules, communication channels, and all other details that are necessary for our users.

Social media use and digital marketing are swiftly increasing, primarily through the use of mobile devices. SINOVATE team is renowned for its activeness on all mediums regularly by the wide variety of its team members from all over the world.

Above all, SIN team values transparency and honesty, so it is essential to us that critics, end-users, contributors, and investors have access to the clear information.

7.2 FINANCIAL CLARIFICATION & TRANSPARENCY

A culture of transparency has led to colossal support. SINOVATE is a free, open-source project that is built by expert Blockchain developers. Support has been proliferating in our community of Blockchain enthusiasts, which spans the globe. Our governance model is also crucial to transparency as anyone can now view the outcome of voting events to shape the future of our ecosystem. This way, we have established a democratic system that fits the needs of most, and by doing so, we believe that it will have the most impact on Blockchain Technology and its users.

SINOVATE is notable for being one of the most transparent cryptocurrencies by sharing every single detail with the community. SIN provisions a 10% Developer Fee from the block rewards. Developer Fee is used for further development to maintain the ecosystem and to invest in the solution to the problems which are experienced in real life.

We believe that a blockchain project can not be successful without sufficient funds.

In order to grow as a platform, financial clarification is essential; here is ours.

Financial Articles

Development Wallet

More detailed Financial information will be released with White paper V3 XXL.

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7.3 MILESTONES

Milestone 1 in year 2019

The first milestone see the rebrand and release of the Infinity Node architecture and lays down the core infrastructure to allow additional features and capabilities. The Infinity Node layer is integrated into the PoW Blockchain. It is one of the first innovations with data stored within coin transaction data and secured into the SIN network. P2P File sharing between Infinity Nodes and miners will be enabled in the year 2020.

Features enabled and will be enabled:

  • Infinity Nodes
  • FlashSend
  • IDS (DataStore-DataSend)
  • X25X Algorithm
  • RSV Voting
  • Heritage (inheritance,Legacy)
  • B-Mail(Blockchain Mail)
  • InfiniteChain

7.4 SWOT ANALYSIS

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7.5 ROADMAP

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Detailed information regarding the Roadmap will be available on Whitepaper v3 XXL and on Roadmap v3, which shows innovations until 2023.

7.6 SINOVATE TEAM

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7.7 SINOVATE MINING

The efficiency and reduced heat profile of the X25X algorithm aids miners and proves that mining operations do not have to maximize power consumption and heat output to compete and to be ASIC/FPGA/Quantum resistant. For larger miners, this can mean more effortless scalability with less cooling and ventilation requirements.

7.7.1 Blockchain specifications and Block rewards;

Block Time: 2 minutes

Max Block Size: 16mb

Max transactions per second: 533 Tx/s

Difficulty Retarget Algorithm: LWMA

Total Supply: Approx.2.5 billion after 20 years

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7.7.2 MINERS & POOLS

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Explorer

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SIN Wallets and SIN Wallet setup Guide

7.8 MARKETING CHANNELS & PLATFORMS

Brand awareness and community building are the most important aspects of transparency. It opposes any potential uncertainty users may have with the SINOVATE currency & platform.

To build awareness around the brand and to put the project on the radar, the SIN team actively participates in these platforms and generates a presence among users. This activeness enables establishing a great relationship with our community and by doing so, makes SINOVATE the most user-friendly platform within the crypto sphere. SINOVATE’s team can be considered one of the most active across all channels, providing 24-hour support regularly.

Website Discord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Telegram Rus — Telegram Africa — Telegram Espanol — Telegram French — Telegram Japanese — Telegram Italian — Telegram Turkish — Telegram Vietnamese — Telegram-Persian

7.9 References

1] SUQA Medium — SUQA-Btctalk

[2] https://medium.com/@wmougayar/a-guide-for-blockchain-usage-metrics-bed86b58df94

[3 ]https://medium.com/@tronblack/ravencoin-building-the-immune-system-23d077b65f71

[4] https://blockonomi.com/proof-of-burn/

[5] https://en.wikipedia.org/wiki/Dash_(cryptocurrency)

[6] https://medium.com/blockstake/masternode-manifesto-682bf182891a

[7] https://storj.io/blog/2019/04/introducing-tardigrade-decentralized-cloud-storage-from-storj-labs/

[*] https://www.blockchainexpert.uk/blog/document-verification-using-blockchain