Infinity nodes are the new innovation to solve the economic issues that every Masternode project faces. High coin emission rates have caused the value of nearly every PoS, PoW cryptocurrency to plummet. Through the burning of Infinity Node collateral, the circulating supply will be very low.
Infinity nodes earn a guaranteed minimum 22% ROI. This is calculated for the maximum number of nodes on the network (with 594 million SIN locked & burned). Infinity nodes have a lifespan of 12 months, after which they will be removed from the reward queue. To renew an Infinity Node, the collateral must be burned again.
The X25X algorithm combines the best features from 25 different cryptographic algorithms into one, providing a safe and hardened resistance to ASIC and FPGA devices – and ensuring maintained decentralization.
Incorruptible Data Storage(IDS)
Incorruptible Data Storage (IDS) is a revolutionary Private Networking mechanism designed to allow users to anonymously exchange encrypted files over a P2P network. The ultimate goal is to achieve unlimited data transfer and storage powered by the SINOVATE network.
Infinity Nodes enable the “FlashSend” feature, which allows the near-instantaneous transfer of coins, averaging less than 3 seconds per transaction. The SINOVATE network can support 533 transactions per second (TPS), making it approximately 75 times more scalable than Bitcoin. FlashSend makes SINOVATE one of the fastest blockchain networks to date.
Revolving Sovereignty Votes
Infinity Node holders are able to participate in decentralized governance using the built-in Revolving Sovereignty Vote (RSV) system.
Due to the limited lifespan of Infinity nodes, voting rights must be renewed every 12 months.