Do you know what is amazing with SINOVATE? :innocent:
1) Hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus for block validation which ensures an ultra-secure, efficient, and scalable blockchain technology.
2) Infinity Nodes system for enabling a low-cost, high-speed, and stable data storage network with a 12-month contract commitment, rewards from Proof-of-Services (PoSe) layer and future data storage, and LockReward algorithm for fairly distributed reward systems.
3) Proof-of-Burn (PoB) Mechanism applied on the collateral of Infinity Nodes, data storage fees, and transaction fees. The inflation paradigm solved by SINOVATE will ensure an easy network capacity increase, a novel cryptonomic model, and a modular coin distribution.
4) Bitcoin 0.21 update and more enables SINOVATE for being updated to the last technological development from Bitcoin core and allows SINOVATE to exploit Layer-2 protocols such as Smart contracts or state channels for micropayments based on the Lightning Network. Of course, SINOVATE allows easily the development of dApps and decentralized services!
5) Incorruptible Data Storage (IDS), a revolutionary approach for a dCloud environment back by Infinity Nodes, and powerful, secure, and unique protocols such as blockchain-based File Transfer Protocol (bFTP).
6) InfiniteChain, a Layer-2 that interconnects blockchain solutions of the SINOVATE ecosystem thanks to the sidechain technology which will make SINOVATE the only-one dCloud multi-chain ecosystem. SINOVATE will be infinitely scalable with an unlimited data storage capacity.
7) SINOVATE is bridging with Ethereum and Binance Smart Chain ecosystem that will enable SINOVATE to be interconnected with solutions back by these solutions. SINOVATE mutually joins the forces for an infinite decentralized platform. Specifically, SIN coins will be wrapped, usable, and tradeable on the DeFi platform that makes one step in DeFi ecosystem for SINOVATE.