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For Candidates

SINOVATE (SIN) is a new Peer-to-Peer (P2P) digital currency and ecosystem which creates unique and modern Blockchain products, services and solutions.

SIN embraces this new technology and has executed extensive research, on various ways to educate others and help them implement innovation into their daily lives and businesses.

SINOVATE believes in transparency and is open about the current challenges the crypto community faces.To overcome these, an experienced and talented team which works alongside the community has been assembled, paving the way towards mass adoption of cryptocurrency.

Mission

Cryptographic technology is still in its infancy, with Blockchain providing a world of possibilities for practical applications that extend far beyond the financial sector. SINOVATE implements a decentralised solution by harnessing existing technologies and concepts, innovating them and creating multiple features that give users the ability to adopt new technology in a secure environment.

Specifications

SINOVATE (SIN) combines its brand new X25X Proof of Work (PoW) algorithm with Komodo’s unique security mechanism, known as Delayed Proof of Work (dPoW).X25X is CPU as well as GPU mineable and ensures ASIC, FPGA and QUANTUM resistance, solidifying the decentralised consensus mechanism in the process.

sinova transactions
Block Time

2 Minutes

sinova decentralization
Total Supply

X22i is developed to be ASIC, FPGA and QUANTUM resistant to prevent the break of the decentralized consensus mechanism.

sinova total supply
Max Transactions Per Second

533 tx/s

sinova fair launch
Max Block Size

16MB

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Block rewards

145,000 to 245,000 : PoW 750 - SIN / 245,001 to 375,000 : PoW 375 - SIN 2500
375,001 to 505.000 : PoW 187.5 - SIN 2750
505.001 to 635,000 : PoW 93.75 - SIN 2750
635,001 to 765,000 : PoW 46.875 - SIN 2750
765,001 to 895,000: PoW 23.4375 - SIN 2750
995.001 to 1,025,00 : PoW 11.71875 - SIN 2750
1,025.001 to 1,500.000: PoW 11.71875 - SIN 2750
1.500.001 to 5.000.000 : POS 11.71875 - SIN 2750

Features and Attributes

SINOVATE comprises a multitude of unique features and attributes

X25X Algorithm

Brand new custom X25X algorithm alongside Komodo’s unique dPoW security mechanism

FlashSend

Permits 533 transactions per second (tps) in less than 3 seconds.,
which is 75 times more scalable than Bitcoin

Minimum Guaranteed 22% Annual ROI

Infinity Node holders earn a minimum guaranteed 22% annual ROI

Incorruptible Data Storage - Private Networking

Facilitates p2p private networking between miners and SIN Nodes in a five stage process. Data control is put back in the hands of those who value it most, away from the prying eyes of hackers and security deficiencies presented by centralised databases

ShadowSend

Enables the anonymous transfer of SIN

Burn Away Your SINs

SIN used to create Infinity Nodes are immediately burnt, and no longer form part of the overall coin supply. In effect, this decreases sell pressure as well as the SIN circulating supply

Revolving Sovereignty Votes - Decentralised Voting

Infinity Node holders can participate in decentralised voting by using the enhanced in-built E-Governance system. Every node has a voting life of 12 months

Three Tier Nodes

Each Infinity Node can hold a maximum of 1,000,000 SIN (Big SIN) for a 10% bonus. Holders can also choose to acquire either 100,000 SIN (Little SIN) or 500,000 SIN (Mid SIN) for a 5% bonus

Technologies

  • Infinity Nodes

    Infinity Nodes solve the unintended consequences of high inflation and emission all Masternode orientated cryptocurrencies are subjected to. Infinity Node holders earn a minimum guaranteed 22% annual ROI (only if limit of 594 million SIN are locked in Infinity Nodes). All Infinity Nodes have a theoretical shelf life of 12 months, at which point they will be removed from the node count.

    Infinity Nodes
  • Incorruptible Data Storage(IDS)

    Incorruptible Data Storage (IDS) is a revolutionary Private Networking mechanism, designed to allow users to send encrypted files to one another anonymously, with the ultimate goal of achieving unlimited decentralised data transfer and storage. User security is permitted through preservation and resilience from the Bitcoin, Komodo and SINOVATE Blockchains.

    Infinity Nodes
  • FlashSend

    Infinity Nodes enable the instantaneous transfer of SIN coins in less than 3 seconds, carried out through FlashSend. SINOVATE network permits 533 transactions per second (TPS), making it 75 times more scalable than Bitcoin. FlashSend has one of the fastest total transaction speeds within the crypto space if not the fastest, aided still further by reducing confirmations to minimum levels through the shield of dPoW.

    Infinity Nodes
  • ShadowSend

    ShadowSend provides true financial privacy by obscuring the origin of your funds. All stored SIN is comprised of different inputs, which can be treated as separate, discrete coins. ShadowSend uses an innovative process to mix inputs with default 5 mixing pairs, without coins ever leaving your wallet. This ensures control of funds is always retained.

    Infinity Nodes
  • X25X Algorithm

    X25X combines 25 cryptographic algorithms into one and provides strengthened resistance to the creation of ASIC and FPGA devices. Increased ram usage per nonce is utilized for FPGAs. X25X also ensures decentralisation is maintained at all times.

    Infinity Nodes
  • Revolving Sovereignty Votes

    Infinity Node holders can participate in decentralised voting by using the in-built Revolving Sovereignty Votes (RSV) system. Voting rights must be renewed every 12 months, due to the lifespan of nodes.

    Infinity Nodes

SINOVATE Foundation Financial Status

1% Founders Fee From Every Mined Block

Road Map

Team

Infinity Nodes are available in three tiers:

Little SIN
100,000 SIN
Mid SIN
500,000 SIN
5% bonus
Big SIN
1,000,000 SIN
10% bonus

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