SINOVATE (SIN) December 2019 Monthly Report
The SINOVATE (SIN) Team experienced an exciting and action-packed December. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed.
ANNOUNCEMENTS & PARTNERSHIPS
SINOVATE lists on MEREBEL
SINOVATE is now available on MEREBEL, a user-friendly, Multi-Node-Pool and Auto-Exchanger Platform. MEREBEL’s dashboard provides a simple platform overview as well as user account statistics. This includes the total amount invested, number of active Masternodes and a real-time view of investment return per Masternode.
Community Members can either allow the platform to automatically select cryptocurrency investments or do this manually. MEREBEL has an automated exchange and Bitcoin (BTC) rewards facility, permitting the direct swapping of Masternode earnings into BTC. Invest into an Infinity Node via the MEREBEL Investment Platform here.
SINOVATE explainer videos
SINOVATE will be releasing a series of short explainer videos for all aspects, features, and services provided. Check out the first of these here, which outlines the many benefits of our X25X Algorithm. Stay tuned to our YouTube channel for more!
New Infinity Node places to open in May 2020. IDS Step 1 soon to follow
At the end of May 2020, around 500 new Infinity Node places will open. These will provide a very high return on investment, due to SIN coin scarcity and continuous coin burn factors. The first-year node cycle was required for the adaptation, security, and stability of Infinity Nodes. Also, this enabled Community Members to increase their coin amounts.
Incorruptible Data Storage (IDS) Step 1, our real-life use case, will be implemented soon after the second Infinity Node cycle. DataSend (B-Mail), where encrypted document sending and storing will be permitted, will initially be limited to 1.5 MB.
We strongly believe that the best is yet to come. Long-term SIN coin and Infinity Node owners will be handsomely rewarded for their trust. Solving inflation issues within the crypto sphere is our mission, and we are well on our way to achieving this. A culmination of hard work, unique thinking, and a fantastic community will make us a successful project for many years to come. Thank you for your fabulous support.
SINOVATE Official Website v2 sneak preview
Check out a sneak preview of the new and improved SINOVATE Website, which will be vastly quicker, slicker and more user-friendly than the current version.
SINOVATE & TREZOR Blockbook Explorer released
SINOVATE is delighted to confirm that a Blockbook Explorer, which is required for TREZOR Hardware Wallet integration has now been released. Community Members will be permitted to store their SIN coins via secure cold storage, providing advanced security measures against theft on and offline. Stay tuned for further announcements. Thank you for your tremendous support.
SINOVATE releases Upgraded Core Wallet
SINOVATE is delighted to announce that our Upgraded Core Wallet is now available to download. This update comes equipped with wide-ranging enhancements and additional features, serving as our best product to date. Community Members must ensure that they update their wallets to the latest version by 05.01.2020, when the SINOVATE network protocol will be upgrading. Further details regarding improvements, as well as VPS upgrade instructions, can be found here.
SINOVATE lists on CAT.EX
SINOVATE is now available on CAT.EX. CAT.EX formed in August 2018, and ranks amongst the top 26 cryptocurrency exchanges globally. This exchange contains a transaction mining facility, which permits users to accumulate dividends via a profit-sharing platform. Great pride is taken in providing high availability and performance, advanced security and stability, as well as high quality and efficiency at all times. Trading officially commenced on 23.12.2019 at 1:00 PM UTC, across SIN/BTC and SIN/ETH markets. Buy SINOVATE via the CAT.EX exchange platform today.
Binance Info’s V Label project SINOVATE (SIN)
See our recently updated Weekly Report via the Binance Info website.
SINOVATE achieves Best-Performing Masternodes ranking on Masternode Buzz
SINOVATE achieved a third-place ranking during #Week48, on Masternode real-time news source Masternode Buzz. We are extremely proud to be recognized as one of the best-performing Masternodes in the entire cryptocurrency industry. This would not be possible without the hard work and dedication always shown by the SINOVATE Team, as well as the continued support of our fantastic community. Big thanks to you all!
SINOVATE lists on SWOP.SPACE
SINOVATE is now available on cryptocurrency exchange platform SWOP.SPACE. SWOP.SPACE enables simple and near-instant cryptocurrency trades automatically, with no hidden fees. Registration and KYC verification are also not required. Buy SINOVATE on SWOP.SPACE today.
Infinity Nodes: What we have achieved thus far
6.5 months ago, the Infinity Nodes innovation officially began. Pessimists wondered if SIN coin holders would burn their funds, and questioned if our network would ever contain more than a handful of nodes. Our self-belief and commitment to the cause have never wavered, only strengthening with the brilliant support shown by the SINOVATE Community. The following statistics back up our claim that we are well on our way to solving inflation issues, within the crypto sphere permanently:
— Infinity Nodes began with 643 million coins.
— The current circulating supply is 475.7 million coins. (13.5% deflation).
— SINOVATE Blockchain Network has 1112 Active Nodes. 1138 Total Nodes with a burntx (already burnt).
— 604.5 million coins already burnt.
— 897K total downloaded wallets.
— 8.8 million total transactions.
Thank you for your brilliant support.
SINOVATE releases R.S.V. E-Governance Core Wallet
SINOVATE is delighted to announce that our R.S.V. E-Governance Core Wallet is now available to download. This release comes equipped with community governance enabled. Also, all Community Members are permitted to cast their vote, regarding solutions for the recent Infinity Node reward generation issues. Click here for further details. Thank you for your amazing support.
SINOVATE ranks at 74 in cryptocurrency coding activity on GitHub
Github never lies. The SINOVATE Team continues to work tirelessly all year round to achieve its goals. The proof is in the pudding, as shown via our 74th placed ranking for coding activity. Our development activity can also be monitored on CoinCodeCap. Stay tuned for updates on TREZOR wallet as well as I.D.S. Step 1 integration.
Midas Exchange launched and lists SIN
SINOVATE is delighted to announce the listing of SIN to the Midas Exchange, launched by Midas.Investments. With the closure of leading exchanges brings opportunity for change, and evolution for new and fresh exchanges to take their place. Midas helps and supports Masternode and Proof-of-Stake projects, by providing a complete solution for trading, managing, and monitoring cryptocurrency investments.
Features include InstantBuy and InstantSell, concurrent mining and trading with zero fees, free Masternode hosting, multi-layered wallet protection, and 24/7 customer support. KYC is not required. SIN coin trading is now live. Click here to buy SINOVATE via the Midas Exchange today.
COMMUNITY GROWTH & SOCIAL MEDIA
We continue to experience high growth across all social media and communication channels:
On-going development continued, with notable updates implemented:
— Fixed BackupAddress — cryptec.
— Updated extraction from block — crptec.
— Updated seed — hardwarewise.
— 4K High DPI fixed — hardwarewise.
— Updated metadata from blockchain: crptec.
— Extracted metadata from blockchain: crptec.
— Fixed MacOS compile issue: mip.
— Updated overviewpage.cpp: hardwarewise.
— Visual satoshi price fixed: hardwarewise.
— Updated splashscreen.cpp: hardwarewise.
— Updated medadata RPC: crptec.
— Revolving Sovereignty Votes implementation.
— R.S.V. wallet enabled voting.
— Added node owner’s backup address in infinitynodeburnfund RPC.
— Extraction backup address from Blockchain.
— Proposals creation.
— Mobile and Web Wallets for I.D.S. compatibility.
— New Website 2.0 development.
— New Explorer 2.0 awaiting new Website 2.0 design.
— New Core Wallet shortly ready for release.
— New upcoming light-colored Core Wallet 2.0 awaiting new Website 2.0 design.
— Schnorr signature (giaki).
— Trezor Wallet (mip).
ARTICLES & REVIEWS
Inflation and coin burn explainer article published
SINOVATE Infinity Nodes invention article published
The latest Financial Statement is available to view:
Weekly updates for December 2019 can be found below:
Join us and stay tuned for all forthcoming updates via our website and social media platforms:
Author: Amit Kaushal