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. Many exciting developments have recently been announced with much more to come. Please stay at home, follow the rules, and most importantly stay safe.

ANNOUNCEMENTS & PARTNERSHIPS

SINOVATE introduces Crypto Guide

SINOVATE has introduced a Crypto Guide, designed to assist new cryptocurrency enthusiasts to enhance their understanding of blockchain terminology. Thus far, simple explanations have been provided of what blocks and what blockchain entails:

Stay tuned for more words of the day, which will be released on a continuous basis.

SINOVATE available in ETH and USDT pairings on STEX

SINOVATE is now available in ETH and USDT pairings on STEX, providing community members with additional means to buy SIN coins. STEX, formerly known as stocks.exchange is an established cryptocurrency exchange based in Estonia, boasting over 300,000 registered users and 400 + listed tokens and trading pairs. Features include low trading fees, IP access control (IP whitelist), robust rest API, limit and stop-limit orders, price notifications, and enhanced security permitted by email encryption (PGP key) and web authentication with security keys. Purchase SINOVATE via the STEX exchange today.

SINOVATE celebrates 2nd Birthday!

Happy Birthday to us! The SINOVATE Blockchain is now 2 years old. Since our inception on 29.09.2018, SINOVATE has made exceptional strides. Having begun as a pure Proof-of-Work (PoW) project with a time-lock feature, we have successfully transitioned into a masternode orientated project with unique coin burning capabilities via infinity nodes, providing low entry barriers and significant passive income for all network participants.

Better still, our custom-coded Deterministic Infinity Node (DIN) 1.0 codebase, which is the first of its kind is currently in the public testnet phase, paving the way for the release of our decentralized cloud storage solution Incorruptible Data Storage (I.D.S.), SIN Messenger (peer-to-peer decentralized direct messaging), Blockchain-based Electronic Mail and much more. The best is yet to come. We will continue to work tirelessly to achieve all of our goals. Many thanks for your fantastic support.

COMMUNITY GROWTH & SOCIAL MEDIA

Sinovate.io STATS

DEVELOPMENT

Released:

65fcf02 [testnet] Reverted port changes for testnet seeds – giaki3003.

799d616 A GIF animation has been added for the setUP st… – hardwarewise.

e481566 Updated masternodelist.cpp – hardwarewise.

6d8309f [testnet] Added new dns seeder – giaki3003.

520b75e [testnet] Version bump – giaki3003.

e080232 Show expired status – crptec.

8a9e297 nodeSetup: Removed check button, unlock wallet, … – MIPPL.

d12dc28 The setUP tab has been reorganized. – hardwarewise.

85ce1b9 Updated masternodelist.ui – hardwarewise.

eab89bf Node setup, maintenance mode support – MIPPL.

267a75f Some visual improvements in setUP tab. – hardwarewise.

12bdac3 Added GIF animation for Splashscreen. – hardwarewise.

cc51cb9 Minor visual fixes – hardwarewise.

b8a8630 Minor fixes – hardwarewise.

In progress:

Infinity Node 1.0

  • Revolution of node structures.(In testnet)
    • 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.

Blockchain Stats

Monthly Update

Our latest Monthly Report can be accessed on Medium:

August 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

August 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