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SINOVATE (SIN) is an open-source state-of-the-art digital cryptocurrency. We build innovative blockchain cloud services for individuals, developers, and enterprises. Decentralized cloud (dCloud), SINCORD messenger, proof-of-integrity, proof-of-inheritance, and blockchain-based file transfer protocol bFTP are some solutions for the crypto space. GitHub release (latest by date)HitCountDiscord server follow on Twitter

Features and Innovations

  • X25X GPU Algorithm. Leading-edge, in-house built, custom GPU mining algorithm. More complex, less power-hungry.
  • Deterministic InfinityNodes InfinityNodes are custom "burn to run" service nodes for unparalleled network security, speed, scalability and stability.
  • NEPHELE: Incorruptible Data Storage Blockchain-mail, Proof-of-Integrity. SINCORD messenger, proof-of-inheritance, blockchain-based file transfer protocol are stored on InfinityNodes for unlimited public or private networking of distributed data storage.

SINOVATE (SIN) combines its brand new X25X Proof of Work (PoW) algorithm with LWMA difficulty retargeting algorithm, Reorg fork reject solution merged with proof-of-burn, PoS4 and LockReward for an unbreakable 51% attack protection.

Coin Specifications

Specification Value
Block Rewards 1575 + 50 for PoS and 1575 + 12.5 for PoW
Block Time 60 seconds PoS & 60 seconds PoW hybrid-consensus
Block Fee 10%
Difficulty Retargeting Algo LWMA
Max Transactions Per Second Up to 4000+ tx/s with full SegWit address transactions
Total Supply Proof-of-burn based self-regulated supply
Max Block Size 64 MB
SINOVATE legacy address start with S
InfinityNode Port 20970
BIG Node Requirement 1.000.000 SIN
MID Node Requirement 500.000 SIN
MINI Node Requirement 100.000 SIN

Codebase History

-- SUQA was created September 26, 2018

  • Forked HODLcoin
  • Invented custom X22i algorithm
  • Added Time-Lock

-- SINOVATE was created June 1, 2019

  • Forked Bitcoin v17.1
  • Replaced X22i with custom X25X algorithm
  • Added InfinityNodes proof-of-burn algorithm

-- AURORA Mainnet was created November 21, 2020

  • Added Deterministic InfinityNodes 1.0
  • Added in-wallet 1-click InfinityNode node setUP

-- BETELGEUSE Mainnet release on March 31, 2022

  • Forked Bitcoin v22.0
  • Added 4th generation actual decentralized proof-of-stake algorithm, PoS4
  • Added 4000 tx/s with complete SegWit address transactions
  • Added triple security hybrid consensus with PoW, PoS and LockReward
  • Added blockchain trilemma solution for decentralization, scalability and security

Roadmap

https://sinovate.io/roadmap/

Documents

https://docs.sinovate.io/

Community Contributions

A big part of what makes Sinovate great is each and every one of you in the community. Your contributions enrich the Sinovate experience and make it better every day. We want contributing to Sinovate to be fun, enjoyable, and educational for anyone and everyone. All contributions are welcome, including issues, new docs, tweaks, and more.

We welcome all contributions from you in the community, and would be thrilled to amplify your voice. Contributions are not limited to code, and can take all shapes and forms.

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