Greetings SINOVATORS,

It has been an exciting and action-packed May with many code developments and bug fixes. 2021 is a landmark year for us with many expected implementations on the horizon, including the release of our decentralized cloud storage solution Incorruptible Data Storage (IDS), the in-house built PoS4 algorithm for hybrid consensus, the custom InfiniteChain SideChain, and much more.

Stay tuned to our social media and communication channels for updates as and when they happen.

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ANNOUNCEMENTS

We are finally in public testnet for our upcoming Betelgeuse Mainnet upgrade.
The tricky part is already done with no critical bugs found, and we are preparing for the hardfork wallet release.

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BETELGEUSE Mainnet Upgrade Public Testnet is Live!

It is that time of the year again. Due to the nature of infinity nodes’ limited lifespan of 12 months, there will be many expiring old nodes for a chance for more new nodes and increased rewards.

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Nodes that will expire soon!

SINOVATE got featured in a Finance Magnets article about how we combat inflation and aim for actual deflation.

Why Global Deflation Does Not Affect These Cryptocurrencies | Finance Magnates

Furthermore, this is our take on how we will achieve deflation with proof-of-burn.

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

SINOVATE solving Cryptocurrency Inflation with Proof-of-Burn

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

Released:

9ab0321 [pos] Fix Network Weight format – hardwarewise

8bf60ff [nodeSetup] remove stake burn txs from availabl… – MIPPL

69c389d [sin] DoS protect when receive bad Request. – crptec

6d39b6c [nodeSetup] support multiwallet – MIPPL

22156c8 [nodeSetup] replace formatWithUnit with floorHt… – MIPPL

a63272e [gui] fix USD total balance decimal. – hardwarewise

84659ef [gui] Set the setUP wait animation according to… – hardwarewise

e6077fb [sin] add broken block – crptec

cd8f4f7 [stats] move getStats calls to clientmodel to a… – MIPPL

bdd3dfe [gui] fix burnt nodes stat value – hardwarewise

11f526c [gui] add missing #include line – hardwarewise

c693f96 [misc] Post merge beautify – giaki3003

ef6a033 [depends] delete old zlib references as we now … – giaki3003

1da96e5 [build] Fix gif plugin autoconf for QT – giaki3003

06809a5 [logging] Avoid overflowing – giaki3003

9b623c0 [misc] Smaller tweaks – giaki3003

f512167 [misc] Add double declaration for virtual helpe… – giaki3003

362311d [misc] Fix IN new includes/netaddr stack remake – giaki3003

baa2df3 [misc] Typo – giaki3003

41466fd [depends] Fix openssl/qssl compat with a patch – giaki3003

05ae195 [build] fix qt gif plugin – hardwarewise

3a563cb [misc] Post merge fixes – giaki3003

bc8684f [todo] Port IN connection specs to newer upstream – giaki3003

8273de5 [gui] add lock/unlock wallet options to menu – 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 … – giaki3003

c1d9317 [sin] fix candidate at the begining of network – crptec

56008d6 [PoS] Revert to raw block index when txindex fails – giaki3003

d0f39b3 [gui] fix the visibility of some toolbar buttons – hardwarewise

a22a8a0 [gui] update FAQ Page – hardwarewise

5ba6b86 [gui] add tooltip for staking – hardwarewise

9e597d3 [gui] fix typo – hardwarewise

6093d76 [gui] fix m_wallet_selector_label style – hardwarewise

9562acc [gui] change qt_argv value – hardwarewise

a50be7a [sin] check NonMatureList when updatemetadata – crptec

e1ebb0c [sin] more log info in calcul of Stm – crptec

a2ca64f [gui] Fix incorrect display of connected peer c… – hardwarewise

403971b [PoS] Avoid validating broken coinstakes on tes… – giaki3003

4555d3d [gui] Fix some visual bugs. – hardwarewise

cad1af7 [gui] Fix TableView Last Column Resizing. – hardwarewise

67dc3d2 [nodesetup] getinvoice, invoice payment, send/r… – MIPPL

970f7cc [nodesetup] add close button to modal send/receive – MIPPL

2b1d062 [nodesetup] done invoice payment – MIPPL

0b5722f [sin] add fInfinitynodeRelay to relay SIN commu… – crptec

182389c [misc] Add broken block, fix lock ordering – giaki3003

3ea57b9 [PoS] Fix log spam when there are no coins to s… – giaki3003

699d613 [gui] add stakingIcon #part1 – hardwarewise

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

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

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.
  • 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

FINANCIAL STATEMENT

May 2021 Financial Statement Medium

The latest Financial Statement is available to view:

May 2021 Financial Statement Medium

UPDATES

All weekly and monthly updates are available on our blog 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.

SINOVATE

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