SINOVATE Monthly Report: November 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, superior Deterministic Infinity Nodes DIN codebase. Greater rewards for MINI Node owners, a substantially increased number of nodes, stability, security, enhanced economic prosperity, and much more are now available to network participants.

Tune into our discord and telegram channels for further details on AURORA and all other exciting new announcements. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE website in Chinese goes live

The recently redesigned SINOVATE website is now available in Chinese. Smooth, stylish, and beautifully designed, our new website enables total ease of navigation and rapid access to all aspects of our project. Stay tuned for further announcements as and when they happen via our discord and telegram channels.

SINOVATE AURORA Mainnet article goes live

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 development team.

Updating to the AURORA Mainnet Wallet is mandatory for infinity node owners, in order to be compatible with our brand new DIN codebase and to continue receiving rewards. For further details on the AURORA mainnet upgrade including what makes DIN so special, why MINI Node rewards have significantly increased, SINOVATE setUP implementation and more, click here. Please follow these instructions to migrate your infinity node to DIN. SINOVATE setUP users must follow this guide for ease of migration to our new codebase.

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HODL Coin Offering campaign goes live

The SINOVATE HODL Coin Offering (HCO) is now live. For a limited time (75 days from November 22nd), community members can earn up to 15% over 12 months for holding coins within their native wallets. The HCO marketing campaign provides a low-entry alternative to hosting infinity nodes, permitting participants everywhere to benefit from joining the SINOVATE network. Click here for further details.

FLITS Hosted Service: Official SINOVATE Statement

It recently came to light that the mobile node hosting provider Flits did not comply with guidelines provided by the SINOVATE team, resulting in the incorrect implementation of the coin burning procedure. This caused a total of 172 infinity nodes to be created erroneously, meaning impacted nodes were unable to migrate to the recently launched Deterministic Infinity Nodes 1.0 (DIN) platform and have been lost forever.

As a direct consequence of Flits choosing their own method to make nodes, irreversible issues were created that are impossible to resolve, which was not due to a bug in SINOVATE’s code.

SINOVATE has taken action and presented its own solutions, in order to aid the recovery of lost funds the best we can. These include a 30% lost rewards reimbursement plan, a community crowdfunding round, and 12-month free hosting to all infinity node owners using the Flits application. For all the facts as and when they happened, click here. While this situation was unfortunately out of our own hands, we will endeavor to ensure that similar issues never materialize. The SINOVATE team is infinitely sorry for end-users using Flits to make their nodes.

SINOVATE 1-Click in-wallet Node setUP explainer video released

Setting up an infinity node just became a whole lot easier, thanks to the SINOVATE 1-Click in-wallet Node setUP. Setting up an infinity node can prove to be a daunting prospect, especially with no previous experience of masternodes or the Linux operating system.

With this in mind, the SINOVATE development team has designed a seamless and user-friendly Virtual private Server (VPS) hosting service, which at only $2.99 per month (annual plan cost with SIN only payment) provides cost-effective advantages over existing providers instantly. SINOVATE setUP’s advantages over existing VPS services also include 100% guaranteed uptime, 9 datacentres dispersed around the globe for complete decentralization, and total ownership of your private keys and SIN coins. Check out this fantastic explainer video for further details. Create your SIN node via the 1-Click in-wallet Node setUP feature today.

SINOVATE setUP Black Friday Promotion

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10 lucky community members were able to take advantage of our Black Friday Promotion, by using the BlackFriday2020 code for 20% off on our 12-month SINOVATE setUP plan. Learn more about our in-wallet 1-Click SINOVATE Node setUP feature here.

ARTICLES & REVIEWS

To Infinity And Beyond Masternodes article published

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Learn about how SINOVATE is revolutionizing the masternode arena through the first of its kind, superior Deterministic Infinity Nodes (DIN) codebase. Operating Officer, Community Leader, and investor Tamer Dagli provides a fantastic insight into what infinity nodes are and how they work, the upcoming AURORA Mainnet launch, our decentralized cloud storage solution Incorruptible Data Storage (IDS), Infinitechain DeFi plans on the SIN blockchain through dOracle, and much more. The entire Q&A can be viewed here. Many thanks to Altcoin Maximalist from The Daily Chain for this brilliant article.

SINOVATE confirms AURORA Mainnet Launch details

SINOVATE is delighted to confirm that the AURORA mainnet upgrade went live at block height 550,000, on 21st November 2020. Node owners must update to the AURORA Mainnet Wallet to ensure infinity nodes are compatible with the brand new Deterministic Infinity Nodes codebase prior to the upgrade.

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Learn all you need to know about DIN as well as what a hardfork entails, changes to Mini Node rewards, the in-wallet 1-click node setUP feature, passive income opportunities through the HODL Coin Offering (HCO) campaign, and guides to set up your DIN node here. Thanks to Jonathan Lees for this excellent write-up.

SINOVATE DIN AURORA hardfork article published

Learn about all of the benefits that our custom-created DIN 1.0 codebase provides, including greater reliability, security, and flexibility than the dash legacy masternode code. This article also explains how vastly increased blockchain efficiency and higher scalability is enabled via Schnorr MuSig signatures and lockreward implementation.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

Sinovate.io STATS

DEVELOPMENT

Released:

dfc5638 [misc] Fix devfee address for the dev branch – giaki3003

aa79a8e [sin] Misc validation/params changes – giaki3003

74180fd [validation] Added LWMA-3/DGW – giaki3003

3626570 [sin] Add x22i/x25x hashes – giaki3003

ab30f8b [sin] Update chainTxData – giaki3003

d408a45 [nodeSetup] add logprints to updatemeta for sup… – MIPPL

68e2b8e setUP error message color is red. – hardwarewise

62733fe span: (almost) match std::span’s constructor be… – theuni

1d58cc7 span: add lifetimebound attribute – theuni

e3e7446 Add lifetimebound to attributes for general-pur… – theuni

4df6567 sync: make EnterCritical() & push_lock() type safe – vasild

95975dd sync: detect double lock from the same thread – vasild

2690005 MINI DIN stats information fixed. – hardwarewise

72605aa DIN tab update – crptec

83bbbc9 [sin] sinovate port number – crptec

372ac03 [sin] sinovate tx standard: timelock and burn_a… – crptec

bc3148b [sin] new RPC to read script – crptec

ffbb619 Pool statistics removed – hardwarewise

9051649 remove status of masternode sync – crptec

05e01f5 [sin] disable status bar – crptec

afef80b [sin] remove expired node – crptec

74180fd [validation] Added LWMA-3/DGW – giaki3003

3626570 [sin] Add x22i/x25x hashes – giaki3003

efed129 [sin] Avoid validating a small subset of blocks… – giaki3003

f5b91a2 Update singui.cpp – hardwarewise

6839e67 Available BTC Total Added. – hardwarewise

89bdad5 RPC/Wallet: unloadwallet: Allow specifying wall… – luke-jr

8008ef7 qt: unlock wallet “OK” button bugfix – Michael Dietz

d16d805 [sin] DIN node header files – crptec

6fa042f [sin] sinovate MESSAGE_MAGIC – crptec

1ac8bb2 [sin] infinitynode log category – crptec

e1a29f8 Revert “[sin] disable status bar” – crptec

a68df81 [misc] Bump min protocol version – giaki3003

40325c8 [misc] Sort by subVer – giaki3003

72bda79 [din] Show total enabled nodes in info tab – giaki3003

4de7374 ROI percentage stats added to setUP tab. – hardwarewise

92bfd7a Update masternodelist.ui – hardwarewise

ff1cc55 [sin] Avoid not sending blocks if we’re over re… – giaki3003

667f2d2 [sin] massage in debug log for calcul of score – crptec

  • Deterministic Infinity Node 1.0, DIN AURORA v01.0.0.0.
  • 6fc8ab9 Created din_setup_migration_guide.md – hardwarewise.
  • e249efe [misc] Added rpc calls for non-custodial burn – giaki3003.
  • e249efe [misc] Added rpc calls for non-custodial burn – giaki3003.
  • 6adaeaa [misc] Leftover changes from e249efea0cd58bca3f… – giaki3003.
  • dcafb55 [din] Made sure our client is synced before giv… – giaki3003.
  • 7941982 Updated bootstrap.md – hardwarewise.
  • 72e6bff Updated double_run_guide.md – hardwarewise.
  • e7fcd1d [nodeSetup] Removed getOwnerAddress fixed amount… – MIPPL.
  • 3f79ea2 [nodeSetup] Removed collateral check from checkF… – MIPPL.
  • d603894 [nodeSetup] Fixed get owner address from burn tx – MIPPL.
  • 62a4201 [nodeSetup] Added logprints to getOwnerAddress – MIPPL.
  • 1760593 [nodeSetup] Fixed obtain correct vout index for g… – MIPPL.
  • 5dd44d8 New RPC – crptec.
  • 50e6d82 [gui] Fixed IN list sorting – giaki3003.
  • 74180fd [validation] Added LWMA-3/DGW – giaki3003.
  • 3626570 [sin] Added x22i/x25x hashes – giaki3003.
  • c78ae72 Updated faqpage.ui – hardwarewise.
  • d0fae9b BurnTx combobox expanded by content. – hardwarewise
  • 69a14de Logo V1 – Cryplander
  • 3939586 Update index.html – Cryplander
  • dcfc087 Update wallet_upgrade.md – hardwarewise
  • ea716ad Update bootstrap.md – hardwarewise
  • c3353af Update double_run_guide.md – hardwarewise
  • 9668efb Added txes limit – crptec.
  • d342ffb Fixed last txes – crptec.
  • c4cbea4 nodeSetup fixed owner address issues when reusing… – MIPPL.
  • c86929d nodeSetup checked and showed updatemeta errors, res… – MIPPL.
  • 0a95b0e nodeSetup fixed owner address issues when reusing… – MIPPL.
  • c4cbea4 nodeSetup fixed owner address issues when reusing… – MIPPL.
  • c86929d nodeSetup checked and showed updatemeta errors, res… – MIPPL.
  • 356ed5f nodeSetup showed finished message after cleaning – MIPPL.
  • 9506d77 An information message has been added to the “M… – hardwarewise.
  • e0378a1 Info text changed – hardwarewise.
  • 3e8f78c nodeSetup ui fixes in burntx combo descriptions – MIPPL.
  • 3e8f78c nodeSetup ui fixes in burntx combo descriptions – MIPPL.
  • 9fdf916 [din] Formatting fixes and mini node rewards in… – giaki3003.
  • 5b21f12 [din] Implemented an atomic index for aggressive … – giaki3003.
  • d941029 [din] Added external signing API for non-custodia… – giaki3003.
  • dd1e57d [testnet] Bumped proto so it aligns with previous… – giaki3003.
  • 11443eb nodeSetup don’t check for burn funds if burn tx… – MIPPL.
  • fd3fce5 [misc] Changed devfee address – giaki3003.
  • d941029 [din] Added external signing API for non-custodia… – giaki3003.
  • 11443eb nodeSetup don’t check for burn funds if burn tx… – MIPPL.
  • fd3fce5 [misc] Changed devfee address – giaki3003.
  • 0602ae8 More info for getaddress API – crptec.
  • 84aecb2 Minor visual bug fixed – hardwarewise.
  • c4b4ac9 Fixed a visual bug on Ubuntu Wallet. – hardwarewise.

In progress:

  • IDS — Step 1
  • Incorruptible Data Storage.
  • bFTP

• SIN Messenger (Decentralized Direct Messaging).
• Blockchain-based Electronic Mail.

Blockchain Stats

FINANCIAL STATEMENT

The latest Financial Statement is available to view:

November 2020 Financial Statement Medium

WEEKLY UPDATES

All weekly updates are available here.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

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

Author: Amit Kaushal

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SINOVATE Monthly Report: October 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 first of its kind, superior Deterministic Infinity Nodes DIN. codebase. Greater rewards for MINI Node owners, substantially increased stability, enhanced economic prosperity and much more will be available to network participants.

No major bugs were reported during the public testnet phase, which is a testament to the fantastic work conducted by our development team to create the most cutting-edge codebase available in the cryptocurrency sphere. The official AURORA mainnet go-live date will be announced shortly. Stay tuned to our discord and telegram channels for further details. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE introduces Crypto Guide

SINOVATE has introduced a Crypto Guide, designed to assist new cryptocurrency enthusiasts to enhance their understanding of blockchain terminology. Thus far, simple explanations have been provided for blocks and what blockchain entails:

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Stay tuned for more words of the day, which will be released on a continuous basis.

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SINOVATE available in ETH and USDT pairings on STEX

SINOVATE is now available in ETH and USDT pairings on STEX, providing community members with additional means to buy SIN coins. STEX, formerly known as stocks.exchange is an established cryptocurrency exchange based in Estonia, boasting over 300,000 registered users and 400 + listed tokens and trading pairs. Features include low trading fees, IP access control (IP whitelist), robust rest API, limit and stop-limit orders, price notifications, and enhanced security permitted by email encryption (PGP key) and web authentication with security keys. Purchase SINOVATE via the STEX exchange today.

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SINOVATE celebrates 2nd Birthday!

Happy Birthday to us! The SINOVATE Blockchain is now 2 years old. Since our inception on 29.09.2018, SINOVATE has made exceptional strides. Having begun as a pure Proof-of-Work (PoW) cryptocurrency with a time-lock feature, we have successfully transitioned into a masternode orientated project with unique coin burning capabilities via infinity nodes, providing low entry barriers and significant passive income for all network participants.

Better still, our custom-coded Deterministic Infinity Node (DIN) 1.0 codebase will pave the way for the release of our decentralized cloud storage solution Incorruptible Data Storage (I.D.S.), SIN Messenger (peer-to-peer decentralized direct messaging), Blockchain-based Electronic Mail and much more. The best is yet to come. We will continue to work tirelessly to achieve all of our goals. Many thanks for your fantastic support.

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SINOVATE website in Portuguese goes live

The recently redesigned SINOVATE website is now available in Portuguese. Smooth, stylish, and beautifully designed, our new website enables total ease of navigation and rapid access to all aspects of our project. Stay tuned for further announcements as and when they happen via our discord and telegram channels.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

Sinovate.io STATS

DEVELOPMENT

Released:

ec5fda8 Updated in-wallet 1 click guide – hardwarewise.

e87e618 Updated inwallet_1click_guide.md – hardwarewise.

8e1a8c3 Updated sidebar.md – hardwarewise.

5b500e9 Updated Double-Run Guide – hardwarewise.

f002869 D.I.N. Setup Guide for Mainnet – hardwarewise.

1ae35f4 D.I.N. VPS install script for mainnet – hardwarewise.

4279fbb [hco] Don’t let users lock more than 75k SIN – giaki3003.

42f3759 Some visual bugs have been fixed. – hardwarewise.

0bb30ba [qt] Don’t let users lock in HCo before block 5… – giaki3003.

60eb627 ClientIDValue tag displayed only after Login. – hardwarewise.

534d5c6 Rename sin_install_vps_noroot.sh to din_install… – hardwarewise.

904aab1 NodeSetup added message of invoice paid with balance – MIPPL.

650324d NodeSetup fixed bug with re-used burntx, unlock w… – MIPPL.

03a2396 NodeSetup burntx combo ordering – MIPPL.

904aab1 NodeSetup added message of invoice paid with balance – MIPPL.

650324d NodeSetup fixed bug with re-used burntx, unlock w… – MIPPL.

03a2396 NodeSetup burntx combo ordering – MIPPL.

07f910c Created release-notes-1.0.0 – hardwarewise.

63cf7ac Updated masternodelist.ui – hardwarewise.

e84c438 [din] Made sure we free this malloc too – giaki3003.

4d4b75d [din] Destoryed scratch spaces on MuSig session c… – giaki3003.

9fdf916 [din] Formatting fixes and mini node rewards in… – giaki3003.

5b21f12 [din] Implemented an atomic index for aggressive … – giaki3003.

d941029 [din] Added external signing API for non-custodia… – giaki3003.

dd1e57d [testnet] Bumped proto so it aligns with previous… – giaki3003.

df4af5a Added sendrawtransaction rpc – crptec.

e29f181 Background Updated – Cryplander.

5b51051 Added new RPC – crptec.

abc9bcc Fixed typo – hardwarewise.

171eed6 Updated waitgif.gif – hardwarewise.

963a096 [beet-testnet] Added a checkpoint to avoid larg… – giaki3003.

028029b [qt] Added multi-threaded QList filler and limi… – giaki3003.

8e2f058 [qt] wip: Checked byte limitations before adding … – giaki3003.

e5211fa Updated qt.mk – hardwarewise.

497d832 Updated faqpage.ui – hardwarewise.

50c73c1 Hover effect has been added to topbar icons. – hardwarewise.

cba7838 [DIN] Make sure we return early on failed MuSig… – giaki3003.

a8bebd0 USD Price API address changed – hardwarewise.

b33febd [DIN] Avoiding free()ing memory we never allocated – giaki3003.

27fd148 Fixed typo – hardwarewise.

2d67802 API timer and some images have changed. – hardwarewise.

82f9b4e Free memory and cache height – crptec.

f78a041 Fixed cache height – crptec.

1169439 [qt] Make select all inputs aware of byte const… – giaki3003.

af3f653 Updated masternodelist.ui – hardwarewise.

178d455 [qt] Make select all inputs aware of byte const… – giaki3003.

c8a75c1 Fixed an issue where the Sin.conf file does not… – hardwarewise.

700e744 “Open Wallet Configuration File” link has been … – hardwarewise.

5a1712f Fixed typo – hardwarewise.

24b4615 [qt] Enabled proper sorting for DIN tab, with nu… – giaki3003.

8ba801a [qt] Enabled proper sorting for numerical values – giaki3003.

1ed4d6b #Development branch mirror to #beet-testnet – giaki3003.

9a5aece [qt] Added a GUI for setting the maximum amount o… – giaki3003.

da25ae7 [cleanup] Reverting last commit – giaki3003.

3c0d2e8 [qt] Readd threaded record loader – giaki3003.

e0557c8 Updated qt.mk – hardwarewise.

498d934 [qt] Added a GUI for setting the maximum amount o… – giaki3003.

90d3fe1 Selection-color fixed – hardwarewise.

16f078d Nodesetup updatemeta amount for mainnet – MIPPL.

c26b274 Updated sidebar.md – Cryplander.

9bf34ad Updated wallet.md – Cryplander.

5cf725a [secp256k] Misc cleanup – giaki3003.

91e9a81 [qt] Misc cleanup – giaki3003.

2aa8644 [make-release] Added checkpoints – giaki3003.

69ce34f [make-release] Set release flag, bump ver – giaki3003.

f18bda1 [make-release] Added chain data – giaki3003.

61ec703 [make-release] Set fork height – giaki3003.

4610d8c Node setup, initial ui, wip – MIPPL.

aae194c Addclient logic, wip – MIPPL.

8bc6561 Process order and invoice, wip – MIPPL.

f26591b Removed old data from map, avoid memory issue – crptec.

a18ce33 Removed old data from map – crptec.

ec5fda8 Updated in-wallet 1 click guide – hardwarewise.

e87e618 Updated inwallet_1click_guide.md – hardwarewise.

8e1a8c3 Updated sidebar.md – hardwarewise.

0d779c2 Theme change part 3 – hardwarewise.

b2efa1c Theme change part 4 – hardwarewise.

1aec91e Some minor visual changes – hardwarewise.

75417b2 Minor fixes – hardwarewise.

63336bc Some minor visual fixes – hardwarewise.

fac94ab Theme change part 1 – hardwarewise.

fdff9cf Updated light.css – hardwarewise.

ef68e97 Testnet fork at 2880 – crptec.

11daaeb Theme change part 2 – hardwarewise.

3682c7a Some minor visual fixes – hardwarewise.

4a45d27 Minor visual fixes – hardwarewise.

ef68e97 Testnet fork at 2880 – crptec.

3682c7a Some minor visual fixes – hardwarewise.

4a45d27 Minor visual fixes – hardwarewise.

47bd035 NodeSetup wait for full sync before starting – MIPPL.

5c6e5ec NodeSetup removed debug prints – MIPPL.

1486dde NodeSetup separated mainnet/testnet url parameters – MIPPL.

ec08864 NodeSetup added auth parameters to AddOrder and G… – MIPPL.

47bd035 NodeSetup wait for full sync before starting – MIPPL.

5c6e5ec NodeSetup remove debug prints – MIPPL.

1486dde NodeSetup separated mainnet/testnet url parameters – MIPPL.

ec08864 NodeSetup added auth parameters to AddOrder and G… – MIPPL.

2d783d6 Minor fixes – hardwarewise.

1263796 Fixed typo – hardwarewise.

994a091 Fixed typo – hardwarewise.

df4af5a Added sendrawtransaction rpc – crptec.

efe4197 Small visual changes to the setUP tab. – hardwarewise.

533c48f Updated din_testnet_setup_guide.md – hardwarewise.

b883d0b Updated sinbg.png – hardwarewise.

3e4d63c Background updated – Cryplander.

f115310 An information message has been added to the My… – hardwarewise.

42bf871 Changed login button behavior (ui side) – MIPPL.

45b18e9 Memory optimisation and simulation hardfork height – crptec.

8f29d93 Checked 6 payment of coinbasetx when validation o… – crptec.

45b18e9 Memory optimisation and simulation hardfork height – crptec.

8f29d93 Checked 6 payment of coinbasetx when validation o… – crptec.

fac94ab Theme change part 1 – hardwarewise

fdff9cf Updated light.css – hardwarewise.

477a798 [misc] Added turnoffmasternode as flag – giaki3003.

d452deb [testnet] Test DIN activation rules – giaki3003.

11daaeb Theme change part 2 – hardwarewise.

8fbb92a Updated coincontroldialog.ui – hardwarewise.

477a798 [misc] Added turnoffmasternode as flag – giaki3003.

d452deb [testnet] Tested DIN activation rules – giaki3003.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • I.D.S. — Step 1
  • Incorruptible Data Storage.
    • SIN Messenger (Decentralized Direct Messaging).
    • Blockchain-based Electronic Mail.

Blockchain Stats

FINANCIAL STATEMENT

The latest Financial Statement is available to view:

October 2020 Financial Statement Medium

WEEKLY UPDATES

Weekly updates for October 2020 can be found below:

SINOVATE Weekly Update 21/09/2020 ~ 28/09/2020

SINOVATE Weekly Update 28/09/2020 ~ 05/10/2020

SINOVATE Weekly Update 05/10/2020 ~ 12/10/2020

SINOVATE Weekly Update 12/10/2020 ~ 19/10/2020

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

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

Author: Amit Kaushal

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SINOVATE Monthly Report: September 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 AURORA mainnet go-live date will be announced shortly. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE Blog goes live

The redesigned SINOVATE Blog is now live. Slick, stylish, and easy on the eye, our revamped blog enables total ease of navigation and rapid access to all of our latest news, including weekly, monthly, and financial updates, as well as reviews, network upgrade details, and upcoming features. Check out our new blog here. Stay tuned for further announcements as and when they happen via our discord and telegram channels.

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SINOVATE Proof-of-work block rewards halved

Mining SINOVATE just became a whole lot more valuable. As of block 500,000, Proof-of-work rewards have been slashed from 25 SIN per block to 12.5 SIN.

Deterministic Infinity Node (DIN) implementation is fast approaching, as well as our HODL Coin Offering (HCO) marketing campaign for passive income possibilities. Many thanks for your fantastic support.

SINOVATE releases Star Cradle Public Testnet Wallet and Guides

The SINOVATE (SIN) Star Cradle Public Testnet, which marks the final stage before the AURORA Mainnet release is now live. Testing will last for two weeks from September 18th, 2020 UTC 00:00 AM to October 2nd, 2020 UTC 00:00 AM, permitting Deterministic Infinity Node 1.0 (DIN) functionality to be experienced for the first time. The Star Cradle Public Testnet Wallet 0.9.0 RC1 is available to download here. The official AURORA Mainnet release date will be announced during testnet.

Further details, including guides on how to set up a testnet wallet, DIN Node, and a testnet Deterministic Infinity Node 1-click using the in-wallet SINOVATE setUP function are available here. Additional information on the multitude of advantages that DIN 1.0 will provide over the existing SINOVATE protocol can be found here.

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The testnet phase is an imperative measure being taken to ensure that the DIN 1.0 codebase functions flawlessly prior to the official release. SINOVATE aims to redefine the blockchain space, and DIN 1.0 supports us in our journey to achieve this. Stay tuned for further developments as and when they happen via our discord and telegram channels. Thank you for your brilliant support.

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SINOVATE Deterministic InfinityNodes Bug Bounty goes live

The SINOVATE Deterministic Infinity Nodes Bug Bounty is now live. This bounty program will run from September 18 2020 UTC 0:00 AM to October 2 2020 UTC 0:00 AM, and invites all community members to be rewarded for establishing unknown bugs within the DIN 1.0 codebase. In order to participate, bug reports must be submitted in this format.

Up to $5000 (to be paid in SIN coins) is available for determining severe exploits. Only InfinityNode, LockReward, and Metadata functionality related bugs are accepted. Please note that compensation amounts vary and depend on the severity of bugs and the quality of reports. Further details on the Deterministic Infinity Nodes Bug Bounty are available here.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

Sinovate.io STATS

DEVELOPMENT

Released:

557f84b Fixed issue where SetUP status icons were not v… – hardwarewise.

1101233 Change port – crptec.

e79088d Changed testnet param – crptec.

33ddc64 When Clicking the setUP button, has resolved th… – hardwarewise.

f3a493a Show non matured infos – crptec.

97ed8a9 [tests] Completed IN deterministic and legacy te… – giaki3003.

6a0710e An informative background has been added for th… – hardwarewise.

f089a0a Fixed node status and checked load problem – MIPPL.

0467aeb Reduced list invoices api call frequency – MIPPL.

f2a4423 [test] Misc leftover changes – giaki3003.

760e97f Merged remote-tracking branch ‘origin/developmen… – giaki3003.

bd6063d [rpc] Help text refac – giaki3003.

bd6063d [rpc] Help text refac – giaki3003.

f2a4423 [test] Misc leftover changes – giaki3003.

255b9f2 Some visual fixes – hardwarewise.

e152aee Added recover button, refresh pay timer, other no… – MIPPL.

6a0710e An informative background has been added for th… – hardwarewise

dc03aa3 TimeLocked status changed to Hodl Period. – hardwarewise

e152aee add recover button, refresh pay timer, other no… – MIPPL

53bca4c Merge remote-tracking branch ‘origin/developmen… – MIPPL

ea01074 Merge remote-tracking branch ‘origin/developmen… – MIPPL

a57807e Merge pull request #253 from MIPPL/development – hardwarewise

255b9f2 Some visual fixes – hardwarewise

42bf871 change login button behavior (ui side) – MIPPL

f115310 An information message has been added to the My… – hardwarewise

8a44a1d change nodeSetup login/logout flow – MIPPL

80fe11c remove expired node burn tx from combo, add inv… – MIPPL

933dd36 Update masternodelist.ui – hardwarewise

11b6845 Update main.cpp – SametBasturkk

28f148c [misc] Proper testnet versioning – giaki3003

5f5f89e [testnet] Bump version, revert port change – giaki3003

e481566 Update masternodelist.cpp – hardwarewise

65fcf02 [testnet] Reverted port changes for testnet seeds – giaki3003.

799d616 A GIF animation has been added for the setUP st… – hardwarewise.

e481566 Updated masternodelist.cpp – hardwarewise.

6d8309f [testnet] Added new dns seeder – giaki3003.

520b75e [testnet] Version bump – giaki3003.

e080232 Show expired status – crptec.

8a9e297 nodeSetup: Removed check button, unlock wallet, … – MIPPL.

d12dc28 The setUP tab has been reorganized. – hardwarewise.

85ce1b9 Updated masternodelist.ui – hardwarewise.

eab89bf Node setup, maintenance mode support – MIPPL.

267a75f Some visual improvements in setUP tab. – hardwarewise.

12bdac3 Added GIF animation for Splashscreen. – hardwarewise.

cc51cb9 Minor visual fixes – hardwarewise.

b8a8630 Minor fixes – hardwarewise.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • I.D.S. — Step 1
  • Incorruptible Data Storage.
    • SIN Messenger (Decentralized Direct Messaging).
    • Blockchain-based Electronic Mail.

Blockchain Stats

FINANCIAL STATEMENT

The latest Financial Statement is available to view:

September 2020 Financial Statement Medium

WEEKLY UPDATES

Weekly updates for September 2020 can be found below:

SINOVATE Weekly Update 24/08/2020 ~ 31/08/2020

SINOVATE Weekly Update 31/08/2020 ~ 07/09/2020

SINOVATE Weekly Update 07/09/2020 ~ 14/09/2020

SINOVATE Weekly Update 14/09/2020 ~ 21/09/2020

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

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

Author: Amit Kaushal

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SINOVATE Monthly Report: August 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. The public testnet phase will last for approximately two weeks (subject to change, depending on bugs found) and will swiftly be followed by DIN integration. Stay tuned to find out more. Exact details regarding the upgrade will be communicated shortly, making for an exciting and action-packed September. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE website in Italian goes live

The recently redesigned SINOVATE website is now available in Italian.Smooth, stylish, and beautifully designed, our new website enables total ease of navigation and rapid access to all aspects of our project. Stay tuned for further announcements as and when they happen via our discord and telegram channels.

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SINOVATE receives Most Exciting Data Protocol and Most Exciting Data Storage and Sharing Project nominations

SINOVATE is delighted to have been nominated under the categories of Most Exciting Data Protocol and Most Exciting Data Storage and Sharing Project on Hacker Noon,for our upcoming Incorruptible Data Storage (I.D.S.)feature.Hacker Noon is the go-to platform for hodlers, venture capitalists, anarchists, product managers, and much more to read, write, and publish content on all things tech.

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https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1295048583893442567&image=https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1295278233894752257&image=
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SINOVATE has been nominated alongside the likes of IPFSData Protocol, and BitTorrent for the Most Exciting Data protocol, and Safe NetworkFilecoinSia, and StorjfortheMost Exciting Data Storage and Sharing Project. With over 12,000 contributing writers and 4,000,000 + monthly readers, this news source would provide significant exposure to all aspects of our project on a global scale.

The winning entry will receive a 5-year standard registration for a .tech domain on the Hacker Noon website, with first and second runner-ups acquiring standard .tech domains for 3 years and 1 year respectively. Voting is now live, with winners being announced on a yet to be determined date. Vote for the I.D.S. protocol today. The SIN team’s international marketing campaign is on-going, as we continue to establish our offering to mass audiences worldwide. Thank you for your fantastic support.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

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Sinovate.io STATS

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DEVELOPMENT

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Released:

`82eb7ff` Saved blockchain state after connect block — crptec.

`3502ea5` Tooltip visibility fixed. — hardwarewise.

`6f4f23f` Added setUP button to topbar. — hardwarewise.

`c06e897` The setUP icon has been changed. — hardwarewise.

`607d0ef` Used histotical metadata — crptec.

`97ed8a9` [tests] Completed IN deterministic and legacy te… — giaki3003.

3dbb5fa Updated metadata: check ip, pubkey – crptec.

ae6b99e [tests] Small steps towards more test coverage – giaki3003.

16a84f3 [trivial] Avoided this redundant move call – giaki3003.

8c96542 [cleanup] More IX leftovers – giaki3003.

9a9e1a2 [misc] Made sure we avoid WReorder warnings – giaki3003.

bdbee2c [regtest] Added IN support for regtest – giaki3003.

7c4c981 [tests] Added full DIN support to the functional … – giaki3003.

f658a4f [misc] Typo – giaki3003.

82eb7ff Saved blockchain state after connect block – crptec.

3502ea5 Tooltip visibility fixed. – hardwarewise 95a2333.

6f4f23f Added setUP button to topbar. – hardwarewise.

106ddff Miner pay to nodeaddress – crptec.

89119e1 Visual fixes in Infinitynode setUP tab. – hardwarewise.

6c739ec Merge pull request #247 from hardwarewise/devel… – hardwarewise.

9b06455 Tool to rebuild state after anormal close wallet – crptec.

8962cce Checked IP and Pubkey unique before adding to map – crptec.

3dbb5fa Updated metadata: check ip, pubkey – crptec.

624c487 [misc] More map improvements – giaki3003.

18dfbc5 [misc] Suppressed warnings during build – giaki3003.

d711493 [misc] Some code cleanup (unused vars) – giaki3003.

4cf01eb [misc] Made sure we return true here – giaki3003.

1b8545c Removed metadata when disconnect block – crptec.

1fc6b6b Merged branch ‘development’ of github.com:SUQAOR… – crptec.

4610d8c Node setup, initial ui, wip – MIPPL.

aae194c Addclient logic, wip – MIPPL.

8bc6561 Processed order and invoice, wip – MIPPL.

d749787 Recovered from existing order, changed to dev api,… – MIPPL.

b6f30b2 Prepared timer for invoice and install loop, wip – MIPPL.

3a20577 [misc] Improved initial statement mapping speed … – giaki3003.

816d1b2 Merged remote-tracking branch ‘origin/developmen… – giaki3003.

624c487 [misc] More map improvements – giaki3003.

6498200 Fixed sync from genesis – crptec.

598fa8a Built Inf list, Stm after validation block – crptec.

67cdc42 [ix] More IX removal and cleanup – giaki3003.

fb6250b Merged remote-tracking branch ‘origin/development… – giaki3003.

6daa8d6 Call GetTransaction when it is necessary – crptec.

2cde6ef Merged branch ‘development’ of github.com:SUQAOR… – crptec.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • I.D.S. — Step 1
  • Incorruptible Data Storage.
    • SIN Messenger (Decentralized Direct Messaging).
    • Blockchain-based Electronic Mail.

Blockchain Stats

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FINANCIAL STATEMENT

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The latest Financial Statement is available to view:

August 2020 Financial Statement Medium

WEEKLY UPDATES

Weekly updates for August 2020 can be found below:

SINOVATE Weekly Update 27/07/2020 ~ 03/08/2020

SINOVATE Weekly Update 03/08/2020 ~ 10/08/2020

SINOVATE Weekly Update 10/08/2020 ~ 17/08/2020

SINOVATE Weekly Update 17/08/2020 ~ 24/08/2020

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Monthly Report: July 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. Stay tuned to find out more. Exact details regarding the upgrade will be communicated shortly, as well as many new announcements that will make for an exciting and action-packed August. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE Distributed Cloud Storage explainer video releasedhttps://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1282736517077770240&image=

SINOVATE has released an explainer video, which describes how we seek to re-invent the distributed cloud storage space. Click here to find out how Infinity Nodes, in tandem with our custom-created cloud storage solution Incorruptible Date Storage (I.D.S.) will permit the exceptionally safe and secure storage, sending, and retrieval of all types of data, rapidly and without cost for everyone.

Also, learn about how fantastic upcoming I.D.S. features including Blockchain Electronic Mail and the decentralized direct messaging facility SIN Messenger will function. Stay tuned for new videos covering all aspects, features, and services that we provide via our YouTube Channel and official website.

ARTICLES & REVIEWS

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https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1284045564330614785&image=

SINOVATE: Blockchain Data Storage and Infinity Nodes with Proof-of-Burn Review released

Many thanks to Satoshi Sean for his fantastic review of the SINOVATE project. Sean provides a thorough analysis of our upcoming cloud data storage solution Incorruptible Data Storage (IDS), as well as the masternode enhanced Infinity Nodes. Details are given on how infinity nodes function, collateral requirements and node tiers, potential return on investment, and how the custom-created Infinity Nodes 1.0 will differ from all other masternode offerings.

An explanation is also provided on our Proof-of-Burn reward algorithm, and the essential role this plays for continuous network stability and security currently as well as latterly for IDS cloud. Watch the blockchain data storage and infinity node review here.

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Assessing SINOVATE Inflation article published

Learn about the coin economics for SINOVATE, and how to perfectly time your investment to enable maximum returns. This article also describes how the coin burning of transaction fees and Infinity Node collateral plays an integral role in controlling inflation and maintaining value per SIN coin, with network participants benefiting from a limited circulating supply.

Furthermore, our upcoming Incorruptible Data Storage (IDS) facility is mentioned as having a positive compounding effect for all investors once implemented, as the total SIN coins supply will decrease annually. Many thanks to Jonathan Leesfor this brilliant write-up.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

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Sinovate.io STATS

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DEVELOPMENT

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Released:

c4de1d8 Fixed deadlock possible – crptec.

fe70ec0 Locked both main and cs – crptec.

9371e85 Made sure miner/validator get all lock before b… – crptec.

b5d6027 [threading] Locking revert – giaki3003.

1a74a96 [threading] More locking reverts – giaki3003.

6351e41 [threading] Locking reverts (again) – giaki3003.

8a1cafd [threading] Locking reverts (final) – giaki3003.

ba05d50 [threading] Increased granularity when picking … – giaki3003.

cdd74f7 [threading] Avoided locking (and scanning) mempoo… – giaki3003.

856a58c [threading] Avoided locking infnodeman before we … – giaki3003.

be323da [threading] Take main here, so index parts don’… – giaki3003.

2db09bb Fixed crash and dead lock – crptec.

f540d21 Fixed crash possible – crptec.

82ec28a Reverted “fix crash possible” – crptec.

9fa8df0 Fixed crash issue when connection is NULL – crptec.

3ebab4c Built INF list before import blocks, avoid sync… – crptec.

a16710f Built stm at init state – crptec.

be323da [threading] Take main here, so index parts don’… – giaki3003.

856a58c [threading] Avoided locking infnodeman before we … – giaki3003.

cdd74f7 [threading] Avoided locking (and scanning) mempoo… – giaki3003.

b5d6027 [threading] Locking revert – giaki3003.

1a74a96 [threading] More locking reverts – giaki3003.

6351e41 [threading] Locked reverts (again) – giaki3003.

8a1cafd [threading] Locked reverts (final) – giaki3003.

ba05d50 [threading] Increased granularity when picking … – giaki3003.

9371e85 Made sure miner/validator get all lock before b… – crptec.

fe70ec0 Locked both main and cs – crptec.

c4de1d8 Fixed deadlock possible – crptec.

929b962 Fixed deadlock and warning message – crptec.

73edeb8 [threading] Avoided locking here while calling Bl… – giaki3003.

00a6f50 [threading] Take this lock before locking mempo… – giaki3003.

00a6f50 [threading] Took this lock before locking mempo… – giaki3003.

b9b6ef6 [threading] New threading logic – giaki3003.

4c54b15 [cleanup] Removed old miner leftovers (as now we… – giaki3003.

b0e4dca [threading] Made infnodeman’s cs public – giaki3003.

1f6d2ba [threading] Avoided taking this lock here – giaki3003.

52e2140 Fixed typo – hardwarewise.

ac7d83a Fixed crash issue – crptec.

7e17a09 Fixed possible dead lock – crptec.

834500b Typo Updated – SametBasturkk.

a7cb97c Not participate Musig if metadata is not matured – crptec.

06fbf7b [ix] Removed instantsend functionality from sen… – giaki3003.

c210dcb [ix] More IX removal – giaki3003.

ac59488 Checked LR before payment – crptec.

8994e5d Fixed testcase: Reject LR if it was not sent from… – crptec.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • I.D.S. — Step 1
  • Incorruptible Data Storage.
    • SIN Messenger (Decentralized Direct Messaging).
    • Blockchain-based Electronic Mail.

Blockchain Stats

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FINANCIAL STATEMENT

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The latest Financial Statement is available to view:

July 2020 Financial Statement Medium

WEEKLY UPDATES

Weekly updates for July 2020 can be found below:

SINOVATE Weekly Update 29/06/2020 ~ 06/07/2020

SINOVATE Weekly Update 06/07/2020 ~ 13/07/2020

SINOVATE Weekly Update 13/07/2020 ~ 20/07/2020

SINOVATE Weekly Update 20/07/2020 ~ 27/07/2020

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Monthly Report: June 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

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SINOVATE HODL Coin Offering Governance Proposal accepted

The SINOVATE HODL Coin Offering (H.C.O.) Governance Proposal, which for a limited time will permit inexperienced users to earn SIN coins without having to set up an infinity node and purchase a VPS, has been accepted by the SIN community.

The H.C.O. incentive program will swiftly commence after implementation of the upcoming network upgrade and will remain active for 75-days, starting at hardfork block height. SIN coins must be locked during this period in order to qualify. HODL Coin earnings will be available in three (3% yearly and 0.25% monthly), six (6% yearly and 0.5% monthly), and twelve-month (15% yearly and 1.25% monthly) intervals.

Furthermore, our proposal to increase MINI Node Tier rewards from 160 SIN to 560 SIN per block after the network upgrade was also accepted. As well as substantially increasing earning capabilities for MINI Node holders, this will also enable significantly more nodes to join the SIN network for future Incorruptible Data Storage (I.D.S.) needs. Click here for further details.

As shown below, the SINOVATE community unanimously voted in favor of the above proposals via our discord channel:

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We look forward to implementing these measures in due course. Thank you for your fantastic support.

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SINOVATE AMA: Live on Zoom

The first SINOVATE AMA live on Zoom was an outstanding success. Hundreds of SIN community members were out in force to ask our team questions on all things SIN, including the following:

  • What is an Infinity Node? How is it different from a conventional masternode?
  • What is the primary use-case of SINOVATE? What are the plans for the future?
  • What are the roles of the tiers in the IDS or data storage model of SINOVATE?
  • SIN messenger direct messaging, how does it work?
  • How do you describe the SINOVATE Economy and Business Model?
  • Why is the actual ROI of nodes so low? Aren’t you afraid that it could go under 100% someday?
  • In a world with so many big players in cloud storage, like Amazon, Google, Azure, which will be our steps to attract customers?
  • What are your plans for marketing?
  • Why was ShadowSend removed?

In-depth responses were provided for all of the above and more. Operating Officer, Community Leader, and investor Tamer Dagli also dropped in an exciting teaser regarding a major exchange listing, which will be announced in July. In case you missed it or would like to watch it again, the SINOVATE AMA can be viewed here. Many thanks for tuning in!

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SINOVATE surpasses 10.000 followers on Twitter

SINOVATE is proud to have surpassed 10.000 followers on twitter. This could not have been achieved without the incredible persistence, hard work, and dedication always shown by the SIN team to increase and establish our marketing presence worldwide. We wish to warmly welcome all new community members to the SINOVATE family and thank our long-term believers for their brilliant support.

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SINOVATE releases new GUI Wallet

After 6 months of sheer hard work, the slick, new and improved SINOVATE GUI Wallethas now been released. Substantially enhanced and completely redesigned from all previous versions, this wallet comes equipped with previously unseen features such as an EARN tab permitting passive income, as well as a SIN Blockchain statistics tab displaying the total network hashrate, the real-time price per SIN coin in BTC and other network details. Download our new GUI wallet here.

Thus far, SINOVATE development consists of 430 GitHub commitsand45K lines of code. We remain steadfast and dedicated to achieving all of our goals. Stay tuned for further developments as and when they happen via our discord and telegram channels.

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SINOVATE lists on Probit

SINOVATE has officially listed on ProBit Exchange.Based in South Korea, ProBit has steadily established itself as a world-renowned cryptocurrency exchange since its inception in November 2018. Ranked as a top 40 exchange on CoinGecko, with a global top 20 authentic daily trading volume and a trust score of 8, this platform is our most significant listing to date.https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/ProBit_Exchange/status/1252824812927385600&image=

ProBit permits advanced security functionality for users through a hardware security key, as well as 2 Factor Authentication. Features also include low trading fees, stake mining for the ProBit native token, and a generous referral program. SINOVATE is available in SIN/USDT and SIN/BTC trading pairs. Read ProBit’s article regarding our listing here. Purchase SINOVATE on the ProBit Exchange today.

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SINOVATE publishes updated Light Whitepaper

An updated version of the SINOVATE Light Whitepaper has been published. This includes detailed information regarding the big data problem, innovations and solutions, tokenomics, our business and marketing strategy, milestones achieved to date, and much more. The extended 130-page SINOPEDIA version will be released in July. The SINOVATE Light Whitepaper is available in English and Korean here.https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/probit_exchange/status/1270512514120347648&image=

SINOVATE (SIN) Trading Competition on ProBit

A SINOVATE trading competition took place on ProBit. This event lasted from 11.06.2020 15:00 KST until 24.06.2020 23:00pm KST, and was available for SIN/USDTandSIN/BTCtrading pairs. A grand total of 1,010,000 SIN was up for grabs and distributed to the top 10 volume traders during the above mentioned period as follows:

1st place: 227,250 SIN

2nd place: 202,000 SIN

3rd place: 176,750 SIN

4th place: 126,250 SIN

5th place: 101,000 SIN

6th place: 75,750 SIN

7th place: 50,500 SIN

8th place: 25,250 SIN

9th place: 15,150 SIN

10th place: 10,100 SIN

Click here for further details.

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SINOVATE achieves Top 4 Best Performing Masternodes ranking

SINOVATE is delighted to have achieved a top 4 Best Performing Masternodes status, during the Week 23 review on Masternode Buzz. MINI SIN Node gains were up by 27.81% from the previous week, marking a substantial return on investment. During unpredictable market conditions and the current global financial crisis, we continue to excel and consistently out-perform many competitors. SIN related news, articles, and interviews will be published on the Masternode Buzz website continuously.

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New SINOVATE Explorers goes live

The new and improved SINOVATE ExplorerandSINOVATE Explorer 2 are now live. Completely redesigned with new branding, features include an infinity node expiry timeline, address statistics, SIN transaction values per day, as well as the total network income in real-time. Regardless of the on-going global pandemic, we remain steadfast, committed, and dedicated to achieving all of our goals. Stay tuned for further developments as and when they happen via our discord and telegram channels.

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https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/flitsnode/status/1272539663014809605&image=

SINOVATE lists on Flits Masternode App

We are delighted that SINOVATE has listed on the Flits Masternode App. Flits (FLS), who are the first decentralized mobile masternode app and are available across Android and iOS devices, are widely regarded as the safest and most secure on the market. The FLS wallet app is a game-changer for SIN, permitting on-the-go cold node hosting of infinity nodes via mobile devices in just a few clicks. The likes of DigiByteDivi Project, Zcoin, and PIVXare also supported.At only $3 a month and $0.10 per day, this platform provides significant cost-effective advantages over all existing VPS services. Additional features and benefits include the following:

— Full control of private keys at all times.

— No code required.

— Super fast and convenient.

— Tailored to mobile devices, for a unique experience.

— Cold staking facility for supported coins.

— Deposit and invest in Bitcoin.

— Swap coins straight from your mobile device.

— Purchase gift cards with rewards generated.https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1272549081219506183&image=

Check out this video review by CryptoTubeYT, where all available features are described in detail. Please visit the flits discord channel for further assistance. Download the flits wallet app here. SINOVATE continues to provide its community with the best products, features, and services that the cryptocurrency industry has to offer. Thank you for your brilliant support.

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SINOVATE enabled on Flits Swap feature

SINOVATE has now been enabled on the Flits Masternode App.SIN is available in SIN/BTC and BTC/SIN trading pairs. Purchase SINOVATE via the Flits Masternode App today.https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/nodemaster_io/status/1272925010252922880&image=

SINOVATE available on NodeMaster

SINOVATE is now available on NodeMaster. NodeMaster uses blockchain publicly available information to monitor the status of masternodes, without the need to keep your computer and local wallet switched on. This platform makes masternode owners aware of any issues instantly, minimizing losses incurred. Features include real-time, 24-hour monitoring of node rewards, instant notifications, crypto payment acceptance for supported coins, and a mobile-ready website. Payment options range from $0.25 per month (OPPORTUNITY SEEKER) to $18.99 per month (INVESTOR “LIKE A BOSS”). Monitor your Infinity Node via the NodeMaster platform today.

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SINOVATE website in Turkish goes live

The recently redesigned SINOVATE website is now available in Turkish.Smooth, stylish, and beautifully designed, our new website enables total ease of navigation and rapid access to all aspects of our project. Stay tuned for further announcements as and when they happen via our discord and telegram channels.

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SINOVATE AMA Question 1 with subtitles video released

A host of questions were asked by community members during the first SINOVATE AMA live on Zoom.Question 1 (What is an infinity node? How is it different from a conventional masternode?) is answered herecourtesy of Xuantan Nguyen (Xtdevcoin)andGiacomo Milligan (Giaki3003). For ease of navigation, subtitled videos answering all questions from the Zoom AMA will be created. Stay tuned to the SINOVATE YouTube Channel for new content as and when it is released.

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SINOVATE achieves Top 5 Best Performing Masternodes ranking

SINOVATE is delighted to have achieved a top 5 Best Performing Masternodes status, during the Week 25 review on Masternode Buzz. MINI SIN Node gains were up by 11.90% from the previous week, marking a considerable return on investment. Stay tuned to the Masternode Buzz website for SIN related news, articles, and interviews.

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SINOVATE releases Podcasts

We are pleased to announce that the SINOVATE Podcast series has now been released. It isn’t always possible to be sitting at your PC, laptop, or other devices due to the non-stop busy lives that many of us lead. With this in mind, the SIN development team has created podcasts available across multiple mediums, to ensure that community members can keep fully up to date on all project-related news on the go, no matter where they are.

The first of these is for the recent SINOVATE AMA Live on Zoom, which is available on SpotifyGoogle PodcastsPocket CastsBreaker, and Radio Public. Remember to follow us and stay tuned for future podcasts as soon as they are released.

ARTICLES & REVIEWS

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SINOVATE Pushes the Innovation Envelope article published

Learn about how SINOVATE is pushing the innovation envelope through its open-sourced, decentralized cryptocurrency platform. This article explains how the SIN project seeks to disrupt and transform the blockchain space through its cutting edge, masternode enhanced infinity nodes, and describes the considerable benefits that our upcoming decentralized cloud storage solution Incorruptible Data Storagewill provide to individuals and businesses everywhere. Forthcoming updates including Infinity Nodes 1.0, SIN Messenger, Proof-of-Integrity, and Proof-of-Inheritance also receive mentions. Many thanks to Adam West from CardRates.com for creating this.

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SINOVATE: Understanding The Basics article published

Learn about the basics of the SINOVATE blockchain, including how our deflationary, masternode adapted infinity nodes will transition from their existing guise to the custom-coded Infinity Node 1.0 platform. This article also describes the SINOVATE DAO (Decentralized Autonomous Organization) project model, as well as the many advantages afforded by the upcoming trihybrid consensus. Great work Jonathan Lees!

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SINOVATE Masternode Gem Review released

Many thanks to CryptoTube for his second fantastic review of the SINOVATE project. CryptoTube provides a detailed analysis of recent news and developments, including the SINOVATE AMA Live on Zoom, our beautifully redesigned new website, the upgraded GUI Wallet, core features and benefits of the upcoming InfiniteChain, Infinity Nodes 1.0 advantages, and much more. Watch the SINOVATE masternode gem review here.

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SINOVATE May 2020 Premium Update published

The SINOVATE May 2020 Premium Update has been published on Masternode Buzz. Find out about SIN’s recent developments, including the release of our Native Mobile Wallet, one-click SINOVATE setUP, the on-going HODL Coin Offering marketing campaign, and more.

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SINOVATE Infinity Nodes ROI article released

Check out this excellent article by Crypto Huff, who explains the significant passive income returns achieved by a number of infinity node owners. Statistics for MINI, MID, and BIG infinity nodes have been provided for the past 12 months. Additionally, details of missing SIN coin rewards from previous network issues are given. Read the infinity nodes ROI article here.

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SINOVATE Looking At The Infinity Node released

Many thanks to KIFS Crypto for his excellent review of our masternode enhanced infinity nodes. KIFS provides a detailed analysis of the core features of infinity nodes, how they work, what makes them differ from other masternode orientated projects, and how would-be node holders can benefit from joining the SINOVATE network. Our one-click SINOVATE SetUPcold hosting service and the Flits Masternode App also receive mentions as straightforward, seamless, and inexpensive options to set up an infinity node. Watch the infinity node review here.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

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Sinovate.io STATS

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DEVELOPMENT

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Released:

de25e13 Extracted lr, owner payment, check score of signe… – crptec.

ab501b0 Added update condition – crptec.

a2d4b86 Balanced use coinsview – crptec.

2c57933 Synced coinsview – crptec.

9d95376 Changed label – crptec.

bea95d3 Checked score of signer – crptec.

e8d8bd9 Updated modaloverlay.ui – hardwarewise.

944a1a4 Not disconnect from node – crptec.

29891db Minor fixes – hardwarewise.

540f6f5 Checked signers in register info fix – crptec.

975b296 Format of change address – crptec.

7cb130b Changed port for summary cache – crptec.

fc706a7 Fixed calcul balance – crptec.

9fc8bc4 Testnet param, miner payment, historical metadata – crptec.

d444728 Hide segwit checkbox – hardwarewise.

8e374f7 Optimisation, semantic the DIN node process – crptec.

e133285 Built next stm in some case – crptec.

3fdb05a Fixed sync from block genesis – crptec.

1e044d9 Accepted Ipv6 – crptec.

46a439e Status in VPS – crptec.

0ed6fc0 Changed log message – crptec.

98ac4a5 Bumped ios version and build number – randomDevSkillz.

5cf45a2 Updated light.css – hardwarewise.

d8f9a89 Miner small reward for DIN node address – crptec.

e84405b Forced send Commitment – crptec.

de25e13 Extracted lr, owner payment, check score of signe… – crptec.

fe464d3 Qmenu icons have been changed. – hardwarewise.

09cd99b Updated infinity_node_guide_with_setup.md – Cryplander.

2226b15 Discord Updated – SametBasturkk.

6d97f72 Theme Changed – hardwarewise.

0f12161 Updated style.css – hardwarewise.

7a7a78a [misc] Disabled IX msg processing directly – giaki3003.

8f8a0be Updated layout.jade – hardwarewise.

c80ac91 [trivial] Typo – giaki3003.

aa74bd3 [trivial] Formatting – giaki3003.

0950c69 [DIN] Added LR validation – giaki3003.

0950c69 [DIN] Added LR validation – giaki3003.

1ee97e0 Added missing translations – randomDevSkillz.

b7c80d5 Updated sidebar.md – hardwarewise.

ebea3a1 A link has been removed from the Resources Menu. – hardwarewise.

8200f85 Compatibility with explorer – crptec.

0336f82 Minor fixes – hardwarewise.

6c7704b Fixed combobox issue – hardwarewise.

bfb5654 Coins view – crptec.

0a9efb7 Updated optionsdialog.cpp – hardwarewise.

b8188c2 LIL to MINI Typo Update – SametBasturkk.

af06620 Coin Control default setting is set to enable. – hardwarewise.

fc23573 Show InfinityNode Tab default setting is set to… – hardwarewise.

2e24807 Set fork height for testnet. – crptec.

00e06fd The getlatestVersion request has been removed – hardwarewise.

aad9af1 Updated faqpage.ui – hardwarewise.

c35f377 Last BTC price request address has been changed. – hardwarewise.

1e044d9 Accepted Ipv6 – crptec.

2771e7a Added german translation (more to come) – randomDevSkillz.

b09b6a8 Updated sidebar.md – hardwarewise.

b6a2424 [depends] Bumped X11 auth – giaki3003.

094bb94 [depends] Bumped libxcb – giaki3003.

f73debf [depends] Added libxkb, needed for newer QT versions – giaki3003.

5dca25f [depends] Bumped OpenSSL to 1.1.1g – giaki3003.

179fbb8 [depends] Added libxkb to the packages list – giaki3003.

2477d2b Added address tp keypair and checkey RPC – crptec.

f3e4964 Removed some space – crptec.

533bb8e Merged branch ‘development’ of github.com:SUQAOR… – crptec.

f5d61a0 [threading] Locked cs when accessing infman code – giaki3003.

06a6115 Merged remote-tracking branch ‘origin/developmen… – giaki3003.

5a6b532 Updated configure.ac – hardwarewise.

f26591b Removed old data from map, avoid memory issue – crptec.

a18ce33 Removed old data from map – crptec.

5553ee8 Separated infinitynode RPC in new file – crptec.

b9432c3 Added remove in thread – crptec.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • I.D.S. — Step 1

• Incorruptible Data Storage.
• SIN Messenger (Decentralized Direct Messaging).
• Blockchain-based Electronic Mail.

FINANCIAL STATEMENT

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The latest Financial Statement is available to view:

June 2020 Financial Statement Medium

WEEKLY UPDATES

Weekly updates for June 2020 can be found below:

SINOVATE Weekly Update 01/06/2020 ~ 08/06/2020

SINOVATE Weekly Update 08/06/2020 ~ 15/06/2020

SINOVATE Weekly Update 15/06/2020 ~ 22/06/2020

SINOVATE Weekly Update 22/06/2020 ~ 29/06/2020

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal