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

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.

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.

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.

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