icon - SINOVATE
SIN SINOVATE
+ 0%
$ 0.00027181
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    SINOVATE
    $ 0.00027181
    $ 180,401
    -
    663,717,042 SIN
    + 0%

SINOVATE. Price of cryptocurrency: $ 0.00027181

SINOVATE (SIN) is what it is.
SINOVATE is an open-sourced peer-to-peer network for cloud storage and web 3.0.


The coin that is used for is called SIN.
Fees for transaction and data transfer.
Payment of cloud data storage contracts.
Rewarding the Proof-of-Stake, Proof-of-Work, and InfinityNode operators.
The Proof-of-Services layer is used for instant transactions and data storage.
The governance votes are participated in.
Defi is a platform for interacting with the finance industry.
The InfiniteChain technology can be used to create token and sidechains.
b'Mail is a digital mail service.
There is a private messenger service called SINCORD.
The bFTP is a distributed file transfer protocol.

There are SIN tools.
Explorers are able to track the transactions, blocks, and different network layers.
The user experience using SIN coins will be supported by mobile and desktop wallet.
A Webtool can be used to develop applications and realize tasks.
There is a setUP inside mobile and desktop wallet.

There are a lot of SIN coins in circulation.
The network exploits the Proof-of-Burn mechanism to overcome inflation. The PoB allows the network to have a self regulated circulating supply based on the offer/demand paradigm.

Who are the people who created SINOVATE?
SINOVATE Decentralized Autonomous Organization was founded by Tamer Dagli and Xuantan Nguyen. The funds are provided from 10% of the block reward for the 30 active participants in the DAO.


What makes SINOVATE different?
SINOVATE network runs with the latest Bitcoin core 0.22 to exploit Layer-2 protocols such as smart contracts or state channels for micropayments.
The following unique features are integrated by SINOVATE.
There is a hybrid Proof-of-Work (PoW) and fourth-generation Proof-of-Stake consensus.
A novel data storage platform is enabled by the network. This can only be achieved with a unique 12-month contract commitment and LockReward algorithm for fairly distributed reward systems.
Data storage fees, transaction fees, and Proof-of-Burn (PoB) mechanism are applied on the Infinity Nodes collateral.

InfiniteChain is a Layer-2 that connects the SINOVATE platform with the sidechain technology.


Where to purchase SIN coins?
There are many trading pairs to buy the SIN coins.