SINOVATE (SIN) provides a summary of news, progress, and project development every week. As COVID-19 measures continue to ease and the summer holiday season now upon us, the crypto sphere is experiencing a quieter than usual period for new announcements. The closed testnet phase for the DIN (Deterministic Infinity Node) 1.0 codebase is well underway, with the SIN team thoroughly checking and rectifying bugs prior to the mainnet AURORA upgrade release. Exact details regarding the upgrade will be communicated shortly. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE Distributed Cloud Storage explainer video releasedhttps://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/sinovatechain/status/1282736517077770240&image=

SINOVATE has released an explainer video, which describes how we seek to re-invent the distributed cloud storage space. Click here to find out how Infinity Nodes, in tandem with our custom-created cloud storage solution Incorruptible Date Storage (I.D.S.) will permit the exceptionally safe and secure storage, sending, and retrieval of all types of data, rapidly and without cost for everyone.

Also, learn about how fantastic upcoming I.D.S. features including Blockchain Electronic Mail and the decentralized direct messaging facility SIN Messenger will function. Stay tuned for new videos covering all aspects, features, and services that we provide via our YouTube Channel and official website.

COMMUNITY GROWTH & SOCIAL MEDIA

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

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Sinovate.io STATS

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Blockchain Stats

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DEVELOPMENT

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Released:

00a6f50 [threading] Took this lock before locking mempo… – giaki3003.

b9b6ef6 [threading] New threading logic – giaki3003.

4c54b15 [cleanup] Removed old miner leftovers (as now we… – giaki3003.

b0e4dca [threading] Made infnodeman’s cs public – giaki3003.

1f6d2ba [threading] Avoided taking this lock here – giaki3003.

52e2140 Fixed typo – hardwarewise.

ac7d83a Fixed crash issue – crptec.

7e17a09 Fixed possible dead lock – crptec.

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.

Monthly Update

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Our latest Monthly Report can be accessed on Medium:

June 2020 Monthly Report Medium

FINANCIAL STATEMENT

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The latest Financial Statement is also available to view:

June 2020 Financial Statement Medium

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal