SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain

SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain

SINOVATE to Bridge its Mainchain with Ethereum and Binance Smart Chain One of the most innovative blockchain dCloud storage providers, SINOVATE, is set to enter the DeFi paradigm with its latest update, Betelgeuse. The highly awaited release seeks to bridge its mainchain with Ethereum (ETH) and Binance Smart Chain (BSC). Fundamentally, a Smart Contract, this bridging…

read more
SINOVATE enters the DeFi paradigm: Bridging with Ethereum (ETH) and Binance Smart Chain (BSC)

SINOVATE enters the DeFi paradigm: Bridging with Ethereum (ETH) and Binance Smart Chain (BSC)

SINOVATE revolutionizes the decentralized Cloud space by implementing cutting-edge blockchain and data management technologies. The journey starts with deterministic Infinity Nodes (DIN) for ensuring a reliable infrastructure to welcome blockchain-based data storage. Then, SINOVATE decided to implement a hybrid consensus protocol with Bitcoin Core update for block validation to reinforce its security, efficiency, and scalability.…

read more
SINOVATE Financial Statement: March 2022

SINOVATE Financial Statement: March 2022

SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for March 2022 below: Breakdown of Treasury Treasury funds fee from every mined block: 10% Marketing: 25 %…

read more
SINOVATE Financial Statement: February 2022

SINOVATE Financial Statement: February 2022

SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for February 2022 below: Breakdown of Treasury Treasury funds fee from every mined block: 10% Marketing: 25 %…

read more
SINOVATE Financial Statement: December 2021

SINOVATE Financial Statement: December 2021

SINOVATE (SIN) provides transparency across business and development-related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever. Please see the distribution details for December 2021 below: Breakdown of Treasury Treasury funds fee from every mined block: 10% Marketing: 25 % Exchange…

read more
SINOVATE Bi-Weekly Report 15/10/2021 ~ 30/10/21

SINOVATE Bi-Weekly Report 15/10/2021 ~ 30/10/21

The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x. We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays. Delays always happen for code…

read more
SINOVATE Bi-Weekly Report 30/09/2021 ~ 15/10/21

SINOVATE Bi-Weekly Report 30/09/2021 ~ 15/10/21

The BETELGEUSE mainnet upgrade had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x. We have been developing our upcoming mainnet for a while, but we have encountered unforeseen delays. Delays always happen for code…

read more
SINOVATE Bi-Weekly Report 15/09/2021 ~ 30/09/21

SINOVATE Bi-Weekly Report 15/09/2021 ~ 30/09/21

Starting this week, we will be releasing Bi-Weekly reports instead of weekly reports. This was decided to have more content on our reports. The BETELGEUSE release had successfully passed the testnet phase some time ago. Furthermore, it requires additional development to fix compatibility issues among our custom Proof-of-Stake, Deterministic InfinityNodes, and the Bitcoin core codebase of 0.21x.…

read more
SINOVATE Weekly Update 30/08/2021 ~ 06/09/21

SINOVATE Weekly Update 30/08/2021 ~ 06/09/21

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. 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.…

read more
SINOVATE Weekly Update 23/08/2021 ~ 30/08/21

SINOVATE Weekly Update 23/08/2021 ~ 30/08/21

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. 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.…

read more