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.

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.
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.
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.

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