SINOVATE Weekly Update 30/08/2021 ~ 06/09/21
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. 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
We are very close to our release, a combination of Betelgeuse and Constellation mainnet upgrades.
- The combined mainnet upgrade will consist of a new custom fourth-generation proof-of-stake algorithm, aka PoS4.
- The new Bitcoin core codebase, 0.21.99, contains vast improvements in security, speed, and accessibility.
- Mobile Wallet will include InfinityNode 1-Click node setUP in our mobile application with the never-before-seen node status features.
- Binance Smart Chain and Ethereum bridges for DeFi exchanges and more.
Thank you for your patience and tremendous support!
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.
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: