SINOVATE Weekly Update 17/05/2021 ~ 24/05/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. We are thoroughly testing the PoS4 hybrid algorithm before the implementation of the upcoming Betelgeuse Mainnet upgrade. Staking will go live soon with no major bugs found. We are in the final testing phase in private testnet, and we will open our doors for public testnet tomorrow.

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

ANNOUNCEMENTS & ARTICLES

SINOVATE solving cryptocurrency inflation with Proof-of-Burn.

https://sinovate.io/blog/weekly-update/sinovate-solving-cryptocurrency-inflation-with-proof-of-burn/

Burning transactions fees is another great way to combat inflation. The more SINOVATE network transactions mean, the more $SIN coins that get burnt. This reduces the supply of coins available on the market.

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:

10fc6d7 [misc] Fix estimates, add RPCs – giaki3003

86a9fb8 [PoS] enable staking by default, add `setstakin… – giaki3003

357f114 [qt] Fix openssl compilation – giaki3003

30cb06f [PoS] Add new modifier algo, fork testnet – giaki3003

92c775a [gui] minor visual fixes – hardwarewise

ee2aea0 [sin] use the same fork Height of nPoSModSwitch… – crptec

34af1ae [gui] remove lines of code that caused the error. – hardwarewise

b12b8ee [sin] add more controle in updatemetadata – crptec

c49bb82 [build] fix MAC Os compilation error – hardwarewise

63c9821 [sin] add broken blocks – crptec

a5dde5e [gui] change staking switch state – hardwarewise

a7652ee [sin] Fix xpub/xprivs – giaki3003

bcbed70 [sin] set tempo nPoSModSwitch in mainnet, use f… – crptec

aef9846 [sin] set forkheight for new updatemetadata – crptec

b63a60b [sin] use fork height param for meta update – crptec

0ea4afd Update inwallet_1click_guide.md – 008

f757764 [qt] Make select all inputs aware of byte const… – hardwarewise

29c019e [gui] fix home behavior when changing wallet – MIPPL

d7a8eac [gui] expand stats page total nodes field – hardwarewise

e32c91c [pos] Fix restakes – giaki3003

9fe37dc Change Bitcoin to SIN in hardcoded output strings – hardwarewise

628ffa9 [nodeSetup] adapt unlock method to multiwallet – MIPPL

0c7ca5f [nodeSetup] fix commit string for API, remove u… – MIPPL

78d9ab9 [nodeSetup] remove other logprints – MIPPL

6287e4a [sin] Let the indexer catch up when validating … – giaki300

In progress:

  • Betelgeuse Mainnet upgrade.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.
  • SINCORD Messenger (Decentralized Direct Messaging).

BLOCKCHAIN STATS

MONTHLY UPDATE

April 2021 Monthly Update

Our latest Monthly Report can be accessed below:

April 2021 Monthly Report Medium

FINANCIAL STATEMENT

April 2021 Monthly Financial Update

The latest Financial Statement is also available to view:

April 2021 Financial Statement Medium

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 10/05/2021 ~ 17/05/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. We are thoroughly testing the PoS4 hybrid algorithm before the implementation of the upcoming Betelgeuse Mainnet upgrade. Staking will go live soon with no major bugs found. We are in the final testing phase in private testnet, and we will soon open our doors for public testnet.

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

ANNOUNCEMENTS & ARTICLES

SINOVATE was featured in Finance Magnets due to its deflationary nature.

https://www.financemagnates.com/thought-leadership/why-global-deflation-does-not-affect-these-cryptocurrencies/

Deflation is a decline in supply resulting in scarcity and higher value.

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:

57eb297 [sin] allow reuse ip when node is expired – crptec

4e2a5ed [gui] port overviewpage part 2 – hardwarewise

3656cb5 [sin] add broken blocks – crptec

57eb297 [sin] allow reuse ip when node is expired – crptec

9ffee65 [sin] change variable to Infinitynode – crptec

288211b [sin] use walletModel – crptec

348e898 [sin] change Lock order – crptec

ac7b44e [gui] fix inifinitynode tab action – hardwarewise

c11dea4 [gui] port overviewpage part 3 – hardwarewise

a2bc404 [sin] fix Sinovate communication message – crptec

a2bc404 [sin] fix Sinovate communication message – crptec

7637644 [PoS] Fix tx caching/modifiers on low conf stakes – giaki3003

243dfd2 [misc] Fix a small assert – giaki3003

b1631ce [gui] add Proof of Stake information to FAQ page – hardwarewise

6c4669a [sin]allow to reuse IP of expired node, not the… – crptec

6c4669a [sin]allow to reuse IP of expired node, not the… – crptec

b971f12 [gui] add close button for FAQ Page – hardwarewise

0e3043f [sin] add InfWalletAcces – crptec

8aae6bb [sin] fix typo, change tx fee – crptec

21f4d5d [sin] remove unuse func, fix update node rank – crptec

0e3043f [sin] add InfWalletAcces – crptec

8aae6bb [sin] fix typo, change tx fee – crptec

21f4d5d [sin] remove unuse func, fix update node rank – crptec

1fa9362 [sin] change LOCK order for RPC – crptec

2662a52 [gui] Fix bug not showing staking assets, block… – hardwarewise

1fa9362 [sin] change LOCK order for RPC – crptec

f7f04d5 [gui] Fix the stake record item not visible in … – hardwarewise

10fc6d7 [misc] Fix estimates, add RPCs – giaki3003

In progress:

  • Betelgeuse mainnet upgrade.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.
  • SINCORD Messenger (Decentralized Direct Messaging).

BLOCKCHAIN STATS

MONTHLY UPDATE

April 2021 Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

April 2021 Monthly Financial Update

The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

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 03/05/2021 ~ 10/05/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an ongoing series, keeping our community informed on all things SIN. We are thoroughly testing the PoS4 hybrid algorithm before implementation of the upcoming Betelgeuse Mainnet upgrade. Staking will go live soon with no major bugs found. Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

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:

187ddd3 [sin] add timelock tx – crptec

4c27fd9 [gui] Some visual fixes on the infinitynodes tab. – hardwarewise

187ddd3 [sin] add timelock tx – crptec

7a06056 [gui] remove QStyleFactory – hardwarewise

e75c01c [gui] fix setUP button on toolbar – hardwarewise

a4dc780 Update X25X-PoW-GPU-Mining.md – hardwarewise

a975f29 Update X25X-PoW-GPU-Mining.md – hardwarewise

523c581 [build] update build scripts – hardwarewise

7733edf [system] change default DataDir and fix conf file – hardwarewise

0db9097 [build] fix typos – hardwarewise

3656cb5 [sin] add broken blocks – crptec

57eb297 [sin] allow reuse ip when node is expired – crptec

3656cb5 [sin] add broken blocks – crptec

57eb297 [sin] allow reuse ip when node is expired – crptec

In progress:

  • Betelgeuse mainnet upgrade.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.
  • SINCORD Messenger (Decentralized Direct Messaging).

BLOCKCHAIN STATS

MONTHLY UPDATE

April 2021 Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

April 2021 Monthly Financial Update

The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

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 26/04/2021 ~ 03/05/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an ongoing series, keeping our community informed on all things SIN. We are thoroughly testing the PoS4 hybrid algorithm before implementation of the upcoming Betelgeuse Mainnet upgrade. Staking will go live soon with no major bugs found. Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high 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:

af613f7 [sin] add check condition for testnet – crptec

eaa272b [sin] Add debug logging categories for IN relat… – giaki3003

52fd867 [sin] Avoid checking diff on invalid pos blocks – giaki3003

6dcb573 [sin] denied timelock with interest – crptec

5ab4129 [sin] Make sure we check PoS after indexing has… – giaki3003

a93f248 [sin] fix burnfund RPC, add update metadata RPC – crptec

c7d106f [sin] calcul of Stm at begin of network – crptec

af613f7 [sin] add check condition for testnet – crptec

eaa272b [sin] Add debug logging categories for IN relat… – giaki3003

110bfad [sin] more log to track Stm of chaine – crptec

0e3dc5b [sin] add broken block – crptec

e0239b0 [sin] do not rebuild list – crptec

110bfad [sin] more log to track Stm of chaine – crptec

0e3dc5b [sin] add broken block – crptec

e0239b0 [sin] do not rebuild list – crptec

4999486 [nodelist] changes to adapt to 0.21 code (wip) – MIPPL

806b632 [nodelist] adapt to 0.21 finished – MIPPL

1e93a9e [nodelist] prepare access action, wip – MIPPL

0de2d5d [nodelist] fix UI crash in nodeSetup tab – MIPPL

acdb964 [sin] add broken blocks – crptec

dd3a16f [sin] add RPC for externe use – crptec

4c27fd9 [gui] Some visual fixes on the infinitynodes tab. – hardwarewise

7a06056 [gui] remove QStyleFactory – hardwarewise

e75c01c [gui] fix setUP button on toolbar – hardwarewise

In progress:

  • Betelgeuse mainnet upgrade.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.
  • SINCORD Messenger (Decentralized Direct Messaging).

Blockchain Stats

SINOVATE Blockchain Stats
12 month infinity node expire timeline
SIN coin daily transaction values
Daily transactions amounts

Monthly Update

April 2021 Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

April 2021 Monthly Financial Update

The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

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 19/04/2021 ~ 26/04/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an ongoing series, keeping our community informed on all things SIN. We are thoroughly testing the PoS4 hybrid algorithm before implementation of the upcoming Betelgeuse Mainnet upgrade. Staking will go live by the end of April, with no major bugs found. Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high 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:

1d61a65 [PoS] Small changes/typos – giaki3003

d31c988 [PoS] fix sync behaviour on reindex – giaki3003

f12a22d [sin] Add support for OpenSSL back to QT – giaki3003

1d61a65 [PoS] Small changes/typos – giaki3003

d31c988 [PoS] fix sync behaviour on reindex – giaki3003

52c7cd3 [PoS] Move mask checks for consistency with db … – giaki3003

9ad6895 [sin] Misc PoS fixes and support for non-witnes… – giaki3003

a91d775 [sin] Use COINs for local value checks – giaki3003

21f6268 [sin] Abandon orphan stakes automatically – giaki3003

d75d3f7 [PoS] Add proper LR validation on coinstakes – giaki3003

52c7cd3 [PoS] Move mask checks for consistency with db … – giaki3003

9ad6895 [sin] Misc PoS fixes and support for non-witnes… – giaki3003

a91d775 [sin] Use COINs for local value checks – giaki3003

21f6268 [sin] Abandon orphan stakes automatically – giaki3003

d75d3f7 [PoS] Add proper LR validation on coinstakes – giaki3003

586e554 [sin]new RPC show-stm-at – crptec

a231425 [sin] fix metadata remove – crptec

8f473a8 [sin] optimisation of validation process – crptec

27d8ec6 [sin] optimisation of validation process – crptec

a838275 [depends] enable http features – hardwarewise

a9cf982 [depends] Include qt-gif plugin. – hardwarewise

162690b [sin] get fork Height for Delta change – crptec

4f5cb32 [sin] optimised the LR cache – crptec

398d249 [sin] clear LR cache on validation – crptec

7be88a8 [sin] optimised the validation process – crptec

eda1476 [sin] new methode to calcul Stm and candidate (… – crptec

56bc2c1 [sin] Add new broken block – giaki3003

63e4cca [sin] Add new broken block – giaki3003

b5f8a8f [sin] optimised the validation process – crptec

b001b1d [sin] Fix fee estimation – giaki3003

c869db3 [sin] Disable staking by default – giaki3003

162690b [sin] get fork Height for Delta change – crptec

4f5cb32 [sin] optimised the LR cache – crptec

398d249 [sin] clear LR cache on validation – crptec

7be88a8 [sin] optimised the validation process – crptec

eda1476 [sin] new methode to calcul Stm and candidate (… – crptec

e5e90f0 [gui] add an empty stake page – hardwarewise

In progress:

  • Betelgeuse mainnet upgrade.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.
  • SINCORD Messenger (Decentralized Direct Messaging).

Blockchain Stats

12 month infinity node expire timeline
SIN coin daily transaction values
Daily transactions amounts

Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

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 12/04/2021 ~ 19/04/2021

SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an ongoing series, keeping our community informed on all things SIN. The PoS4 hybrid algorithm is being thoroughly tested by the SINOVATE team, prior to implementation during the upcoming Betelgeuse Mainnet. Staking will go live by the end of April, with no major bugs found. Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

Released:

ec8a007 [gui] add transaction format class – hardwarewise

6c1ae0a [sin] Fix crashes on diff computation – giaki3003

923891c [gui] fix console auto-completer style – hardwarewise

81d8a54 [gui] fix toolbutton format – hardwarewise

0a4b95a [gui] fix wallet selector format – hardwarewise

bd8fa8c [gui] remove Identifier file – hardwarewise

1a1f447 [gui] port overviewpage #part1 – hardwarewise

83502ee Update din_manual_vps_configuration_setup.md – hardwarewise

c5df071 Add files via upload – hardwarewise

8712d70 Update din_manual_vps_configuration_setup.md – hardwarewise

5e15d5f [gui] change setUP icon – hardwarewise

In progress:

  • Betelgeuse Mainnet.
  • Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
  • BTC 0.21 Codebase.
  • Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
  • Incorruptible Data Storage. IDS — Step 1. Blockchain-based electronic mail.
  • bFTP. Blockchain File Transfer Protocol.

• SINCORD Messenger (Decentralized Direct Messaging).

Blockchain Stats

[Insert Blockchain stats]

Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

March 2020 Financial Statement Medium

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