SINOVATE Weekly Update 05/07/2021 ~ 12/07/2021
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. In July, CONSTELLATION will bring the first technological development of InfiniteChain, the Layer-2 technology of SINOVATE, with sidechains. 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.
ANNOUNCEMENTS & ARTICLES
COMMUNITY GROWTH & SOCIAL MEDIA
We continue to experience growth across all social media and communication channels:
We have been, as always, busy developing.
The upcoming Betelgeuse mainnet upgrade and the addition of proof-of-stake for hybrid consensus keep our development team occupied.
235f538 [nodeSetup] implement basic HD wallet - MIPPL
3866d90 [nodeSetup] check balance - MIPPL
25c118a [nodeSetup] getOwnerAddress, prepare and burn t... - MIPPL
- Betelgeuse Mainnet upgrade.
- Fourth-generation custom proof-of stake algorithm PoS4 hybrid-consensus.
- BTC 0.21 Codebase.
- Collateral side chain, asset creation InfiniteChain. Alterra Worldwide Partnership.
- Incorruptible Data Storage. IDS — Step 1. B’Mail, Blockchain-based electronic mail.
- bFTP. Blockchain File Transfer Protocol.
- SINCORD Messenger (Decentralized Direct Messaging).
MONTHLY NETWORK STATS
The latest Network Stats is also available to view:
The latest Financial Statement is also available to view:
Our latest Monthly Report can be accessed below:
Stay tuned for new announcements as they happen via Discord, Telegram, and Twitter.
As always, Thank you for your tremendous support.
Join us and stay tuned for all forthcoming updates via our website and social media platforms: