SINOVATE January 2020 Monthly Report

The SINOVATE (SIN) Team experienced an exciting and action-packed January. This article forms part of an on-going monthly series, where key activities and milestones achieved will be discussed.


SINOVATE releases System Economy explainer video

SINOVATE’s second short explainer video, describing the core benefits of the SINOVATE System Economy has been released. Stay tuned for new videos covering all aspects, features, and services that we provide via our YouTube channel and official website.

SINOVATE lists on Crypto Discords

SINOVATE has listed on Crypto Discords, which provides specification details and discord server links for multiple Proof-of-Work, Proof-of-Stake, and Masternode projects. Crypto Discords serves as an ideal means of increasing our exposure amongst crypto enthusiasts and investors globally. We look forward to welcoming new community members to the SINOVATE family.

SINOVATE confirms Mainnet Upgrade details

The SINOVATE mainnet upgrade went live at block height 330.000 on 16/01/2020. Network issues specifically relating to excessive infinity nodes and reward generation were resolved. Details of how missing rewards will be reimbursed were also provided. Click here to find out more.

SINOVATE releases R.S.V. E-Governance Core Wallet

SINOVATE has released its highly anticipated R.S.V. E-Governance Core Wallet, which permits in-wallet community voting for key project decisions. The first poll proposed two solutions for the recent excessive infinity nodes and reward generation issues. Click here for further details.

SINOVATE becomes newest Buzz Backer

SINOVATE is delighted to become the newest buzz backer on Masternode Buzz. Masternode Buzz is a leading news source, fully dedicated to Masternode investing, news and technology. Detailed analysis, statistics, and interviews are provided for all of your favorite Masternode coins. This provides a fantastic avenue for SINOVATE to promote and increase awareness of our project, as it is the go-to platform for many Masternode and cryptocurrency investors worldwide. Stay tuned for SIN related news, articles and interviews, which will be published on the Masternode Buzz website.

SINOVATE ranks at 56 for GitHub coding activity

Eat, sleep, code, repeat. Our 56th placed global ranking serves as evidence of our continued dedication to achieving goals. Check out our GitHub activity here.

SINOVATE lists on Coinsbit

SINOVATE is delighted to announce its listing on Coinsbit. Currently ranked as a top 10 trading platform on CoinMarketCap, Coinsbit is an award-winning cryptocurrency exchange and serves as our most significant listing to date. This exchange enables fiat-to-crypto as well as crypto-to-crypto trading. Deposits are permitted through Visa and Mastercards, as opposed to bank wire only transfers offered by competitors. Features include a high-performance trading engine as well as strong anti-hacker protection, provided by a web application firewall.

This major exchange listing is a prominent milestone, which we believe will help us to reach the cryptocurrency masses and achieve global recognition. Buy SINOVATE via the Coinsbit exchange today.

Sneak peek screenshot of upcoming Core Wallet GUI

Check out a sneak peek of our upcoming, slick and stylish Core Wallet GUI. Our development team has been hard at work, in order to make this version as user-friendly as possible. Release details will be published in due course.

SINOVATE lists on Cryptocurrency Checkout

SINOVATE is now available on Cryptocurrency Checkout. Cryptocurrency Checkout speedily simplifies the acceptance of crypto into mainstream adoption. This is as straightforward as entering wallet addresses and copying code into a website or application. Integrations include WordPress, WooCommerce, and Shopify. Crypto donations can also be made via Twitch, YouTube, Facebook, and other social media channels for free. Features include decentralized wallets, as well as no-fee transactions. Accept SIN for your store or website via Cryptocurrency Checkout today.

SINOVATE lists on InstaSwap

SINOVATE is delighted that it is now available on InstaSwap, our first fiat to SIN gateway. InstaSwap permits the rapid exchange of cryptocurrencies to fiat simply and securely, at the best available rates. Confidentiality is maintained at all times, as the personal data of users is never disclosed. SIN is available to purchase via USD, GBP, and EURO pairs. Buy SINOVATE on the InstaSwap platform today.

SINOVATE Structure Change: Decentralization in full effect

Since SINOVATE’s inception in late 2018, initially, as SUQA, equality has always been ingrained within our culture. We are proud to officially distinguish ourselves as a fully decentralized autonomous organization, with no central authority directly responsible for project-related decisions. C Level Executives no longer exist, with the community entirely driving the project. Click here to find out more about the structure change, and how this impacts both our immediate and distant future.

Missing Little SIN Node rewards reimbursed

As of 27.01.2020, missing Little SIN Node rewards from the recent excessive infinity nodes and reward generation issues have now been reimbursed. Click here for further details. Please note that all node owners who did not upgrade their wallets prior to the network upgrade have not been paid. Details of all Little SIN Node participants can be found here. As always, many thanks for your fantastic support.


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


On-going development continued, with notable updates implemented:


— Removed Masternode Governance — crptec.

— MacOS compilation enabled — mip.

— Removed node limit — crptec.

— Changed build number — hardwarewise.

— Updated — Cryplander.

— Updated — hardwarewise.

— Fixed warning message — crptec.

— Scanned vote RPC / more information in the result — crptec.

— integration — hardwarewise.

— In testnet limit removed from block 500 — crptec.

— Added PublicKey in KeyFile — crptec.

— Added MetaAddress, GovernanceAddress, and NotifyAddress — crptec.

— Conditioned at beginning of network — crptec.

— Fixed wallet freeze when no node in network — crptec.

— Hard Fork Core Wallet version.

— Test encryption data.

— Added Schnorr bip-compliant support — giaki3003.

— Removed inactive pool — crptec.

— Added RPC burnfund — crptec.

— Theme changed: Part 1 — hardwarewise.

— Updated coincontroldialog.ui — hardwarewise.

— Theme changed: Part 2 — hardwarewise.

— Updated sin.qrc — hardwarewise.

— Theme changed: Part 3 — hardwarewise.

In progress:

— Optimization of next hard fork — giaki3003.

— Infinity Node communication — crptec (xtdev).

— New UI QT Wallet — hardwarewise.

— Schnorr signature.

— New SINOVATE Website.

— SIN Webtool.

— SINOPEDIA Whitepaper.


The latest Financial Statement is available to view:

January 2019 Financial Statement Medium


Weekly updates for January 2020 can be found below:

SINOVATE Weekly Update 30/12/2019 ~ 06/01/2020

SINOVATE Weekly Update 06/12/2019 ~ 13/01/2020

SINOVATE Weekly Update 13/01/2020 ~ 20/01/2020

SINOVATE Weekly Update 20/01/2020 ~ 27/01/2020

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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