The BETELGEUSE release has successfully passed the testnet phase. Still, it requires additional development to fix some compatibility issues between our custom codebase and the Bitcoin core. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. The recent resolution by the SINOVATE decentralized autonomous organization (DAO) is to combine BETELGEUSE with CONSTELLATION to reduce upgrade workloads and avoid repetitive updates for users and exchanges.
ANNOUNCEMENTS & ARTICLES
The upcoming release introduces a total overhaul of the core desktop wallet — SINOVATE BLOG
https://medium.com/media/b812ad190cd72d2a19e2f466e5a9529c/href
COMMUNITY GROWTH & SOCIAL MEDIA
We continue to experience growth across all social media and communication channels:
Sinovate.io STATS
DEVELOPMENT
We have been, as always, busy developing.
The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.
Released:
b9c6a24 [nodeSetup] burn and meta preparation (wip) – MIPPL
6fcafd6 Merge bitcoin/bitcoin#22186: build, qt: Fix com… – giaki3003
d7b3358 [depends] Upgrade to latest blake2s source – giaki3003
466f56a [sin] Fix x22i/x25x validation for node internals – giaki3003
71e86d9 [misc] Fix .gitignore – giaki3003
4caebc6 [depends] Remove old OpenSSL 1.0 patch – giaki3003
6d064b5 [depends] Add windres to OpenSSL build – giaki3003
3753877 [nodeSetup] implement sendBurnTransaction (wip) – MIPPL
aa33b7c [nodeSetup] check prepareTx – MIPPL
004ad9d [nodeSetup] test prepare loop (wip), need to re… – MIPPL
773cf8e [nodeSetup] support for multi-address account data – MIPPL
In progress:
- Betelgeuse Mainnet upgrade.
- 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. B’Mail, Blockchain-based electronic mail.
- bFTP. Blockchain File Transfer Protocol.
- SINCORD Messenger (Decentralized Direct Messaging).
BLOCKCHAIN STATS
MONTHLY NETWORK STATS
The latest Network Stats is also available to view:
FINANCIAL STATEMENT
The latest Financial Statement is also available to view:
MONTHLY UPDATE
Our latest Monthly Report can be accessed below:
Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.
As always, Thank you for your tremendous support.
Join us and stay tuned for all forthcoming updates via our website and social media platforms:
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