SINOVATE Weekly Update 26/10/2020 ~ 02/11/2020

SINOVATE
4 min readNov 3, 2020

SINOVATE (SIN) provides a summary of news, progress, and project development every week. This article serves as the latest version of an on-going series, keeping our community informed on all things SIN. SINOVATE is delighted to confirm that the highly anticipated AURORA Mainnet and Deterministic Infinity Node (DIN) 1.0 integration will go live at block height 550.000, marking the successful transition from the Dash legacy masternode code currently implemented by infinity nodes to the first of its kind, superior Deterministic Infinity Nodes DIN codebase. Greater rewards for MINI Node owners, substantially increased stability, enhanced economic prosperity and much more will be available to network participants.

No major bugs were reported during the public testnet phase, which is a testament to the fantastic work conducted by our development team to create the most cutting-edge codebase available in the cryptocurrency sphere. The official AURORA mainnet go-live date will be announced shortly. Stay tuned to our discord and telegram channels for further details. Please stay at home, follow the rules, and most importantly stay safe.

ARTICLES & REVIEWS

Top 10 Web Hosting SINOVATE Review and Interview published

Learn about why the SINOVATE project was created, what we stand for as well as our core strengths in this review and interview. Operating Officer, Community Leader, and investor Tamer Dagli also discusses our masternode enhanced infinity nodes and provides an excellent insight into how we aim to become a virtual hub of decentralized cloud, through our upcoming custom-created cloud storage solution Incorruptible Data Storage (IDS). Many thanks to Top 10 Web Hosting for the fantastic write-up.

COMMUNITY GROWTH & SOCIAL MEDIA

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

Sinovate.io STATS

DEVELOPMENT

Released:

9fdf916 [din] Formatting fixes and mini node rewards in... - giaki3003.

5b21f12 [din] Implemented an atomic index for aggressive ... - giaki3003.

d941029 [din] Added external signing API for non-custodia... - giaki3003.

dd1e57d [testnet] Bumped proto so it aligns with previous... - giaki3003.

11443eb nodeSetup don't check for burn funds if burn tx... - MIPPL.

fd3fce5 [misc] Changed devfee address - giaki3003.

d941029 [din] Added external signing API for non-custodia... - giaki3003.

11443eb nodeSetup don't check for burn funds if burn tx... - MIPPL.

fd3fce5 [misc] Changed devfee address - giaki3003.

0602ae8 More info for getaddress API - crptec.

84aecb2 Minor visual bug fixed - hardwarewise.

c4b4ac9 Fixed a visual bug on Ubuntu Wallet. - hardwarewise.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • IDS — Step 1
  • Incorruptible Data Storage.
    • SIN Messenger (Decentralized Direct Messaging).
    • Blockchain-based Electronic Mail.

Blockchain Stats

Our latest Monthly Report can be accessed on Medium:

September 2020 Monthly Report Medium

FINANCIAL STATEMENT

The latest Financial Statement is also available to view:

October 2020 Financial Statement Medium

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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