SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an ongoing series, keeping our community informed on all things SIN. Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.

ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE announces Defi Bridge plans

SINOVATE is developing a Defi (Decentralized Finance) Bridge for Ethereum (ETH) and the Binance Smart Chain (BSC) to be used on the Uniswap and PancakeSwap platforms. This will enable community members to transfer their SINOVATE assets to multiple ecosystems, generating yield and additional passive income via liquidity pool farming in the process. Defi project developers on ETH and BSC also stand to benefit, as their users will be provided with a rapid, infinitely secure, and highly scalable alternative means to transact via the SINOVATE blockchain. We are delighted to confirm that our Defi Bridge will be released ahead of schedule after the upcoming Betelgeuse Mainnet. Further details will be provided in due course. Thank you for your fantastic support.

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

Released:

4f83da4 add more infinitynode RPC – crptec

1c57a12 add more RPC – crptec

fa6b9d4 fix infinitynodeprivkey read param – crptec

8303182 change protocol number – crptec

a116720 Update bootstrap.md – hardwarewise

37a6a62 Update wallet_upgrade.md – hardwarewise

336e7a2 [gui] light theme in send/receive – MIPPL

79b8217 [gui] pinpad light theme implementation – MIPPL

ab27864 [gui] other minor light theme changes, b18 – MIPPL

f6b42d7 [ux] Patch for easier coin management for excha… – giaki3003

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

Monthly Update

Our latest Monthly Report can be accessed on Medium:

March 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

March 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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