SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an on-going series, keeping our community informed on all things SIN. Stay tuned to our social media and communication channels for updates as and when they happen.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE successfully implements Hard Fork

The MINI Infinity Node Tier Hard Fork was successful. A Mandatory Wallet Upgrade was released, where PC and infinity node wallets had to be updated prior to block height 617,000 in order to continue receiving rewards, following the recent MINI Node reward generation issue.

The SINOVATE team was made aware of a reward generation issue specific to the MINI Infinity Node Tier at block height 583,500 to 617,000, where nodes created after the 1000th were not receiving rewards consistently. 71 Mini Nodes were affected in all. The impacted network participants were users that created a MINI Node between 09.01.2021 and 24.02.21.

Node limits have now been removed, presenting current and would-be network participants with enhanced opportunities to benefit from the SINOVATE network as it continues to grow in strength, security, and value. All impacted nodes will be fully reimbursed by 09.03.2021, with no long-term losses incurred. For further details on the Mini Infinity Node Tier hard fork, including how the associated issues were resolved and what modifications have been implemented to the Deterministic Infinity Node (DIN) codebase to ensure superior performance throughout the 12-month node life cycle, click here.

SINOVATE releases 2021 roadmap video

SINOVATE recently released its 2021 roadmap. This year promises to be a very exciting one, with a multitude of upgrades, enhancements, and brand-new features on the horizon. These include the in-house built PoS4 hybrid algorithm, the SINOVATE InfiniteChain SideChain, our upcoming Alterra partnership, the highly anticipated decentralized cloud storage solution Incorruptible Data Storage (IDS), and much more. Check out this video, which breaks down everything we have in store for 2021.

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

Released:

499ec5c change secp256k1 submodule to our fork – crptec

b95fa47 use fork submodule secp256k1 – crptec

9af9173 [sin] add sinovate compatibilty function – crptec

4009b74 [sin] add musigpk, xonly is not used yet – crptec

e6866af [sin] add combine compatibility – crptec

685d858 add old musigpk to our fork – crptec

685d858 add old musigpk to our fork – crptec

a8901d8 change secp256k1 link – crptec

e0cf9cc update submodule secp256k1 – crptec

95e83d1 update ref – crptec

86b37de add SIN communication – crptec

In progress:

  • IDS — Step 1.
  • Incorruptible Data Storage.
  • bFTP.

• SINCORD Messenger (Decentralized Direct Messaging).
• Blockchain-based Electronic Mail.

Blockchain Stats

Monthly Update

Our latest Monthly Report can be accessed on Medium:

February 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

February 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

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