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.

COMMUNITY GROWTH & SOCIAL MEDIA

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

Image for post

Sinovate.io STATS

Image for post

DEVELOPMENT

Image for post

Released:

8994e5d Fixed testcase: Reject LR if it was not sent from… – crptec

59 additions and 10 deletions

ac59488 Checked LR before payment – crptec

49 additions and 25 deletions

c210dcb [ix] More IX removal – giaki3003

1 addition and 87 deletions

06fbf7b [ix] Removed instantsend functionality from sen… – giaki3003

1 addition and 13 deletions

a7cb97c Not participate Musig if metadata is not matured – crptec

48 additions and 7 deletions

834500b Typo Updated – SametBasturkk

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.

Commits Graph

Image for post

Blockchain Stats

Image for post

Monthly Update

Image for post

Our latest Monthly Report can be accessed on Medium:

May 2020 Monthly Report Medium

FINANCIAL STATEMENT

Image for post

The latest Financial Statement is also available to view:

May 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