SINOVATE (SIN) ICO Rating, Reviews and Details

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Market

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Price

Volume 24H

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Idex

Pair SIN/ETH

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Volume 24H -

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To be announced

Token Details

Ticker

SIN

Total supply

663,717,042

Additional Details

About SINOVATE

We build innovative blockchain solutions for individuals, developers, and enterprises. Incorruptible Data Storage (IDS) provides decentralized cloud storage, leveraging thousands of Infinity Nodes, with guaranteed low cost and high security.

SINOVATE is a state of the art innovative public Blockchain focused on decentralized cloud solutions to overcome scalability, decentralization, and security challenges. We are ready to adapt, evolve, and sustain our relevance in a continuously changing environment.

The goal is to launch innovations combined with a user-friendly platform to integrate into daily life.

Our team is committed to transparency, accountability, and honesty.

Combining both the PoW chain security and PoS chain security through the usage of hybrid proofs and PoB for Infinity Node notarization as an additional Byzantine-Fault-Tolerant (BFT) chain-based algorithm gives the SINOVATE Blockchain the highest, academically proven level of on-chain security. IDS provides high-speed decentralized cloud storage. Leveraging thousands of Infinity Nodes that don’t require high user fees and enforce network-wide security protocols give users power and control over their private data.

SINOVATE Roadmap

Step 1 - 2019

The first step was the rebranding and implementation of the first Infinity Nodes layer architecture and defined the basic infrastructure to enable additional functionality and capabilities. The Infinity Node layer is integrated into the PoW chain.

Introduced functionalities:
• Infinity Nodes
• X25X Algorithm
• RSV 1.0

Step 2 - Q4 2020

Step 2 will focus on the network infrastructure with further reforms of the SIN protocol by adding important new features. This helps restructure the network and block data format to increase data capacity limits and allow for greater scalability.

Introduced functionalities:
• Deterministic Infinity Nodes 1.0.

Step 3 - 2021

It is at this point that the largest nodes in the SIN network will begin to process and store dat securely to offer new features and capabilities of the IDS protocol. At present, many of the concepts presented in the following sections are in the research, design, or testing phase, and we will release further technical details in due course. In addition, this step will aim to improve the service characteristics of the nodes and allow the addition of new specialized third party private and public nodes in the next step.

Introduced functionalities:
• IDS Step-1,
• DataStore,
• SINCORD,
• PoS4, Custom SIN Proof-of-Stake Consensus,
• IDS Step-2 (Private networks and creation of third-party public nodes from users) and
• Proof-of-Inheritance (Legitimate blockchain inheritance process quickly and easily)

Step 4 - 2022

This step will allow businesses to connect to the SINOVATE network at improved speeds to enable its use from separate private nodes and networks to data centers joining the public network or a mixture of both. SINOVATE will release RSV 2.0.

Step 5 - 2023 and more

This step will focus on creating an application layer based on the Infinity Nodes framework to significantly increase the capabilities and possibilities of the SIN chain as well as the development of the InfiniteChain. The architectures developed and explored are digital markets and asset creation, data storage markets, and smart contract capability, with decentralized applications all running on the Infinity Nodes infrastructure.