Sinovate Price SIN-INR

Decentralized Validators

The Sinovate ecosystem uses Infinity Nodes and a Proof-of-Work algorithm that ensures decentralization of block validation power and fairness for validators. The platform is a hybrid consensus mechanism for the validation of blocks that merges Proof-of-Work, Infinity Nodes, and Proof of Stake (PoS) to reach a wider user base.

Global accessible

Bitcoin is globally accessible so it allows anyone i.e Banks, individuals, Business to make secure transactions anywhere at any time in a few minutes.

Protections against Attackers

The platform establishes a reliable 51% secure protection through the means of LWMA, ReorgFork, and the Proof-of-Burn mechanism. This provides an immunity boost to the Sinovate network for preventing fluctuations in hash power. The hybrid consensus helps to make the network strong and limits double-spending attacks.

Governance

Sinovate provides its users the power of vote through Revolving Sovereignty Votes (RSVs). This is based on the democratic participation of the owners of Infinity Nodes in the life of the project. It grants owners of Infinity Nodes a participation period of 365 days (or the lifetime of nodes) to vote for future developments, marketing, and innovations in the blockchain.

Higher Transparency

Unlike some crypto projects that are not listed on a wider set of exchanges, SIN enjoys active full-time community support and is present on a wide range of communication channels of the crypto sphere. An important fact about Sinovate is the DAO (Decentralized Autonomous Organisation) model that it is based on, which powers the votes of Infinity Nodes owners into governance decisions.

Incorruptible Data Storage (IDS)

IDS is a revolutionary decentralized data storage infrastructure based on blockchain and Infinity Nodes. The architecture easily integrates public and private mechanisms for transferring, storing, retrieving, and verifying encrypted data through anonymous P2P communications protocols. Additionally, it also offers a private messaging system called ‘Sincord’ and a mailing system that guarantees secure communications without any data storage.