SINOVATE Bi-Weekly Report 15/10/2021 ~ 30/10/21

The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x.

We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays. Delays always happen for code perfection.

Members who have been with us for a long time already know that hardfork times always have delays. As a result, the community is a little quiet, and there is less activity than usual.

However, every hardfork release constantly improves everything and, of course, our code. This hardfork is especially important because we moved to a new codebase, adding proof of stake to our consensus. The proof of stake code we develop is not used before by others because it is our new code. This new codebase and the infrastructure it brings will be the foundation of everything that we will build for the future, so it must be rock solid.

We are here to build a storage platform for decentralized cloud services. That is our only goal. We want to give power of data in the hands of people, and we will achieve this sooner or later in slow but sure steps. While we are waiting for the fixes, We have been progressing with the development of bFTP and b’Mail.

Again, we thank you all for your patience and support, and please always be sure that we will not let you down ever!

ANNOUNCEMENTS & ARTICLES

We are very close to our release of the BETELGEUSE mainnet upgrade.

  • The mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The hybrid consensus will bring triple-network security for our blockchain.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • We prepared bridges to be used in DeFi exchanges of Binance Smart Chain and Ethereum blockchains such as Uniswap and Pancakeswap.

India market launch pre-fork

India is one of the fastest-growing markets for cryptocurrency and has grown by over 600% in the last year. Currently, 80% of the population have a mobile phone, while 20% have desktop PCs. This is a big reason why the mobile wallet is vital for the India launch.

Below is a list of some of the things we have planned:

  • Major India Tech magazine that has over 200K monthly visits. Sinovate will be on the cover of this magazine.
  • New India exchange will make buying SIN much easier for the Indian community. This will also include a marketing strategy from the exchange to build more awareness of Sinovate by using a range of paid and organic advertising.
  • Indian YouTuber with 100k subs and an average of 10k views per video
  • AMA’s planned with exchange and two other groups.
  • Over 50K subs, Indian Promotion company will have coverage on YouTube and create a series of videos about SIN.

General Info

  • Mobile wallet is in final tests from the team and will be launched when we are ready with the India market. All I can say about the wallet is wow; having the ability to set up InfinityNodes on my phone was brilliant; even my kids set up their InfinityNode.
  • We will not be just focusing on India as we will have another YouTube video planned from a big account (Over 400k subs) covering SIN

It has been three years since our genesis block, and we feel very dynamic as ever.

For the last three years, we have accomplished;

  • 770K+ blocks
  • 16,414,836 transactions
  • 109,755,673 burnt transaction fees
  • 1,715,500,000 burnt node colalteral
  • 1,304,423 total addresses
  • 2002 InfinityNodes

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

[iOS] install new modules keep-awake, linear-gradient

[iOS] adjust more dashboard screen styles

[iOS] adjust burn section (stats)

[iOS] adapt tx screen styles

[iOS] make icon styling homogeneous

[iOS] adapt node setup screens

[setUP] hide balance summary if tier not selected

[new ui] allow longer strings in network stats

[new ui] settings light icons

[new design] adapt settings to light theme

[new ui] adapt to light theme send/receive/tx list/tx detail

[new ui] add alternate row color in language setup

[build] change Windows Installer pixmaps

[new ui] add scroll to settings

[new ui] fix PIN screen in light mode

[new ui] add translations (turkish, french, italian, portuguese, indi)

[new ui] move hindi option with correct color

[build] update pixmaps

[gui] Some visual fixes in Dark Theme

[setUP] fix bug sending miner tx and other tx related fixes

[design] separate select tier laber in row

[new UI] minor fixes

[android] bump to b35

[setup] show correct invoice amount

[setup] show correct invoice amount

[setup] remove debug info, bump to b36

[new UI] last fixes and translations.

[new UI] fix notfilled button in light theme

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

September 2021 Financial Statement

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

September 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team

SINOVATE Bi-Weekly Report 30/09/2021 ~ 15/10/21

The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x.

We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays. Delays always happen for code perfection.

Members who have been with us for a long time already know that hardfork times always have delays. As a result, the community is a little quiet, and there is less activity than usual.

However, every hardfork release constantly improves everything and, of course, our code. This hardfork is especially important because we moved to a new codebase, adding proof of stake to our consensus. The proof of stake code we develop is not used before by others because it is our new code. This new codebase and the infrastructure it brings will be the foundation of everything that we will build for the future, so it must be rock solid.

We are here to build a storage platform for decentralized cloud services. That is our only goal. We want to give power of data in the hands of people, and we will achieve this sooner or later in slow but sure steps. While we are waiting for the fixes, We have already started the development of bFTP and b’Mail.

Again, we thank you all for your patience and support, and please always be sure that we will not let you down ever!

ANNOUNCEMENTS & ARTICLES

We are very close to our release of the BETELGEUSE mainnet upgrade.

  • The mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The hybrid consensus will bring triple-network security for our blockchain.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • We prepared bridges to be used in DeFi exchanges of Binance Smart Chain and Ethereum blockchains such as Uniswap and Pancakeswap.

India market launch pre-fork

India is one of the fastest-growing markets for cryptocurrency and has grown by over 600% in the last year. Currently, 80% of the population have a mobile phone, while 20% have desktop PCs. This is a big reason why the mobile wallet is vital for the India launch.

Below is a list of some of the things we have planned:

  • Major India Tech magazine that has over 200K monthly visits. Sinovate will be on the cover of this magazine.
  • New India exchange will make buying SIN much easier for the Indian community. This will also include a marketing strategy from the exchange to build more awareness of Sinovate by using a range of paid and organic advertising.
  • Indian YouTuber with 100k subs and an average of 10k views per video
  • AMA’s planned with exchange and two other groups.
  • Over 50K subs, Indian Promotion company will have coverage on YouTube and create a series of videos about SIN.

General Info

  • Mobile wallet is in final tests from the team and will be launched when we are ready with the India market. All I can say about the wallet is wow; having the ability to set up InfinityNodes on my phone was brilliant; even my kids set up their InfinityNode.
  • We will not be just focusing on India as we will have another YouTube video planned from a big account (Over 400k subs) covering SIN.
Staking in Betelgeuse Wallet

It has been three years since our genesis block, and we feel very dynamic as ever.

For the last three years, we have accomplished;

  • 770K+ blocks
  • 16,414,836 transactions
  • 109,755,673 burnt transaction fees
  • 1,715,500,000 burnt node colalteral
  • 1,304,423 total addresses
  • 2002 InfinityNodes

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

[iOS] add made tommy ttf to source

[new ui] complete send screen

[new ui] fix madetommy in Android, apply receive screen design

[gui] change setUP button text

[new ui] new language selection screen.

[new ui] settings page

[new ui] add new component keep-awake for Android (package.json)

[new ui] transaction list

[new ui] add new component keep-awake for Android

[new ui] node setup intro, node list, add keepawake

[new ui] node setup (wip) , test v2.1.0 (b30)

[sin] Add broken block

[qt] use cache info to avoid lock cs_main

[new ui] add new component linear gradient for Android

[new ui] launch setup screen (wip)

[new ui] add linear gradient to launch setup screen

[gui] re-enable getStatistic()

[new ui] finished launch setup page (2/3)

[new ui] setup confirmation page

[gui] Add DIN reward filter to Transaction List

[gui] change mined icon and fix typo

[new ui] implement setup run page (wip)

[new ui] implement running setup page

[bug] fix bug while loading transactions from many addresses

we make sure user used script

[new ui] implement transaction detail screen

[new ui] finish stats screen

[iOS] install new modules keep-awake, linear-gradient

[iOS] adapt intro screen

[iOS] adjust dashboard screen

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

September 2021 Financial Statement

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

September 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team

SINOVATE Bi-Weekly Report 15/09/2021 ~ 30/09/21

Starting this week, we will be releasing Bi-Weekly reports instead of weekly reports. This was decided to have more content on our reports.

The BETELGEUSE release had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x.

We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays. Delays always happen for code perfection.

Members who have been with us for a long time already know that hardfork times are always like this. The community is a little quiet, and there is less activity than usual.

However, every hardfork release constantly improves everything and, of course, our code. This hardfork is especially important because we moved to a new codebase, adding proof of stake to our consensus. The proof of stake code we develop is not used before by others because it is our new code. This new codebase and the infrastructure it brings will be the foundation of everything that we will build for the future, so it must be rock solid.

BETELGEUSE Mainnet Wallet

We are here to build a storage platform for decentralized cloud services. That is our only goal. We want to give power of data in the hands of people, and we will achieve this sooner or later in slow but sure steps.

Again, we thank you all for your patience and support, and we will not let you down ever!

ANNOUNCEMENTS & ARTICLES

We are very close to our release of the BETELGEUSE mainnet upgrade.

  • The mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The hybrid consensus will bring triple-network security for our blockchain.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • We prepared bridges to be used in DeFi exchanges of Binance Smart Chain and Ethereum blockchains such as Uniswap and Pancakeswap.

Thank you for your patience and tremendous support!

Staking

It has been three years since our genesis block, and we feel very dynamic as ever.

For the last three years, we have accomplished;

  • 770K+ blocks
  • 16,414,836 transactions
  • 109,755,673 burnt transaction fees
  • 1,715,500,000 burnt node colalteral
  • 1,304,423 total addresses
  • 2002 InfinityNodes

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

[gui] fix typo

[sin] add timer for to avoid Qt screen locked by cs_main

[sin] fix some info in GBT

[sin] remove LR info by height.

[misc] Remove version filtering from when we forked

[setUP] send miner transaction after setup

[android] bump to 2.0.8

[iOS] bum to v 2.0.8

[new ui] change dark blue color

[new ui] change font to made tommy

[new ui] adapt intro screen (1)

[new ui] change pinpad styles

[new ui] implement non-filled button

[gui] add Made Tommy font

[new ui] implement mnemonic recovery input

[gui] change InfinityNodes icon

[gui] change InfinityNodes icon

[ui] import mnemonic ended

[gui] change some toolbar icons

[new ui] finished intro pages

[gui] change pos and tx_mined icons

[new ui] add background svg in intro

[gui] change wallet download icon

[new ui] add changes to dashboard

[new ui] finish dashboard and lower toolbar

[new ui] remove arrows, bump to 29

[new ui] change wallet icon, remove arrows

[new ui] send screen (wip)

[iOS] fix font family name

[sin-qt] notification/update balance after sync

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

August 2021 Financial Statement

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

August 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team

SINOVATE Weekly Update 30/08/2021 ~ 06/09/21

The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive updates for users and exchanges.

ANNOUNCEMENTS & ARTICLES

We are very close to our release, a combination of Betelgeuse and Constellation mainnet upgrades.

  • The combined mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • Binance Smart Chain and Ethereum bridges for DeFi exchanges and more.

Thank you for your patience and tremendous support!

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

[nodelist] read owner address label if exists

[nodeSetup] fix errors derived from rpc changes

[gui] fix setUP login tab order

[testnet] Fork with async @ 11000

[pos] Move block download windows down

[misc] Check we don’t disable our own wallet

[ui] implement tx detail screen

[ui] add Cryplander’s design suggestions

[ui] change dark blue to darker (Cryplander)

[iOS] adapt textinput style for iOS devices, bump to 26

[gui] Change ROI term to APY

[send] fix send bug with older privkey wallets

[ui] implement design suggestions in network stats screen (Cryplander), bump to b27

[sin] change GBT for Sinovate [Qt] gui message

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

August 2021 Financial Statement

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

July 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team

SINOVATE Weekly Update 23/08/2021 ~ 30/08/21

The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive updates for users and exchanges.

ANNOUNCEMENTS & ARTICLES

We are very close to our release, a combination of Betelgeuse and Constellation mainnet upgrades.

  • The combined mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • Binance Smart Chain and Ethereum bridges for DeFi exchanges and more.

Thank you for your patience and tremendous support!

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

064aa20 Add files via upload – Cryplander

9015953 [misc] Remove obsolete double check – giaki3003

54cd51d [PoS] Move checks to block ctx – giaki3003

98adaea [PoS] Avoid index/block async for PoS – giaki3003

5619f58 [gui] add more burn address – crptec

f97e387 Merge branch ‘gui-0.21.1-backport’ of github.co… – crptec

decee79 [gui] remove Show InfinityNode Tab option – hardwarewise

734729e [testnet] Move mods down for speedy activation – giaki3003

3971aa1 [misc] Enable staking wallet selection for mult… – giaki3003

4e43ead [misc] Add interface helpers for multiwallet st… – giaki3003

6a73ec2 [misc] Improve logging on block creation – giaki3003

adcb8a2 [misc] Add wallet name on getstakinginfo for mu… – giaki3003

53ee658 [misc] Add core stake wallet selection for mult… – giaki3003

424d553 [misc] Show wallet from staker ctx instead of c… – giaki3003

424d553 [misc] Show wallet from staker ctx instead of c… – giaki3003

1click testnet to main

[gui] add message string to transaction list row tooltip

[gui] add node message to transaction list

[gui] change MotD color

[nodelist] read owner address label if exists

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

July 2021 Financial Statement Medium

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

July 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team

SINOVATE Weekly Update 16/08/2021 ~ 23/08/2021

The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive updates for users and exchanges.

ANNOUNCEMENTS & ARTICLES

We are very close to our release, a combination of Betelgeuse and Constellation mainnet upgrades.

  • The combined mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
  • The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
  • Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
  • Binance Smart Chain and Ethereum bridges for DeFi exchanges and more.

Thank you for your patience and tremendous support!

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

We have been, as always, busy developing.

The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.

Released:

cf3156c [DIN] fix burn coin from owner address – crptec

81fc2e1 [gui] add burn icon – hardwarewise

fd6b644 [gui] add burn txrecord – crptec

54ec5ab [gui] Customize burn tx record icon by theme. – hardwarewise

faa4686 [gui] Add burn txrecord filter to Transaction List – hardwarewise

fca9d1d [gui] change release name – hardwarewise

8442448 [gui] fix qt test – hardwarewise

358055d Update bitcoingui.cpp – Cryplander

04682f6 [pos] Fix sync behaviour – giaki3003

ffcdaa2 [gui] restore codes (max bytes to select) – hardwarewise

23cdd01 [gui] change whitepaper link to litepaper – hardwarewise

b34e1b1 [gui] fix typos – hardwarewise

b02befe [gui] fix typos – hardwarewise

b2148f1 [ui] change tx amounts to white color (Cryplander) – MIPPL

594934b [sin] add broken block – hardwarewise

2c72430 [ui] fix textinput editing bug (Cryplander) – MIPPL

02b680c [nodeSetup] increase min relay fee and show err… – MIPPL

8339d81 [txlist] sort tx global list by confirmation nu… – MIPPL

096662e [nodeSetup] support special characters on password – MIPPL

89dc5d4 [tx] fix send transaction issues – MIPPL

BLOCKCHAIN STATS

MONTHLY NETWORK STATS

The latest Network Stats is also available to view:

July 2021 Network Stats Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

July 2021 Financial Statement Medium

MONTHLY UPDATE

Our latest Monthly Report can be accessed below:

July 2021 Monthly Report Medium

Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

As always, Thank you for your tremendous support.

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.

SINOVATE Team