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Introducing SINOVATE: The Future of Decentralized Cloud Storage

decentralized cloud

Bitcoin Press Release: Decentralized cloud data storage platform SINOVATE launch groundbreaking new solution, Deterministic Infinity Nodes. 

 

4th December 2020, TurkeyDecentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. 

 

Market Growth & Unsustainable Solutions

The data storage industry is Projected to exceed $80 Billion USD in the next 4 years as a result of the rise of mobile devices, the app market, and growth across Blockchain IoT, AI, and e-commerce. The market is split between Mainstream providers (Amazon, Microsoft) and the new, more technically secure blockchain-backed (Storj, Filecoin) dCloud alternatives. 

 

Mainstream cloud data providers are struggling with consistent data breaches, exposing a whole range of sensitive information (logins, passwords, IP addresses), while some blockchain alternatives face problems with token inflation. 

 

What is SINOVATE?

SINOVATE is a (SIN) decentralized cloud data storage platform that offer a potential solution to 

these ongoing problems. Its unique decentralized data storage network is backed by Deterministic Infinity Nodes (DIN) which interact seamlessly with Incorruptible Data Storage (IDS), through a novel protocol called bFTP (blockchain-based File Transfer Protocol). 

 

Masternodes Vs Infinity Nodes

Masternode networks support many other dCloud projects but most still suffer from issues with inflation. Although the (initial) high rate of return for masternodes projects is attractive to investors, this leads to inflation, reducing the incentive for a user to continue to maintain a node as the token falls over time, negatively affecting the network. 

 

SINOVATE’S Deterministic Infinity Nodes reduce inflation and promote network growth through its Infinity Nodes. Infinity Nodes use a unique Proof of Burn (PoB) feature, burning a specific amount of SIN across the 12 month node lifespan. This counters inflation by reducing the amount of SIN in circulation, and creates a new proof of transaction type called BurnTx. 

 

Legacy masternode-based networks are susceptible to vulnerabilities and attacks which can result in reward stealing and node instability. Infinity nodes solve the new deterministic algorithm: lock/reward and PoB to bring provably fair deterministic rewards, with bulletproof stability, and network stability. 

 

DIN 1.0 Hard Fork

On the 21st of November 2020, SINOVATE concluded a hard fork bringing online its innovative Deterministic Infinity Nodes (DIN) 1.0, at block 550,000. The network will consist of more than 1,800 DIN that will bring more data storage capacity to the network. There are already over 1,400 nodes running on the network with expectations of 5,000 nodes in 2021. 

 

DIN uses a deterministic score system based on Schnorr Signature to retrieve that data from IDS. bFTP allows the user to easily re-authenticate to any of the nodes that hold a copy of the stored data using the deterministic “score” algorithm. 

 

Incorruptible Data Storage

IDS is being developed carefully to allow a fully secure and reliable network for a worldwide decentralized Cloud (Cloud 3.0). This demands the development of a variety of technical features. The first step of IDS will be delivered in Q2 2021 which will give the possibility to use the functionality “DataStore” for saving your file in the DIN of the blockchain, send mails with unprecedented blockchain-based mailing system or write to your friends in a fully secure and anonymous way with SIN Mobile messenger. 

 

SINOVATE will go beyond to provide security, decentralization, and efficiency by updating the blockchain to the Bitcoin core 0.21 and by delivering a fourth generation of Proof-of-Stake (PoS4) built in-house that will allow to add passive incomes alongside DIN and the HCO program.

 

To Infinity And Beyond

Exponential growth in numerous data-centric markets and the rise of mobile devices has exposed a severe lack of a viable long-term solution for the world’s future data storage needs. Blockchain-based dCloud platforms do address some of the security failings of their mainstream counterparts, but many face questions of token inflation. 

 

SINOVATE’s decentralized infinity node architecture and incorruptible data storage underlayer provide an incredibly secure foundation upon which new companies can be built, and its Proof of Burn feature offers both a answer to network sustainability, inflation, while offering everyone involved a chance to benefit for being apart of its future vision for decentralized data. 

 

SINOVATE Blockchain Developers 

SINOVATE’s rise in the dCloud Industry is largely thanks to its innovative blockchain developers

Xuantan Nguyen (Xtdev) and Giacomo Milligan. (Giaki3003/SINTOSHIS)

 

Xtdev is a highly experienced Big data and data mining specialist. He is also the innovator of Deterministic Infinity Nodes and one of the lead developers and Master SINOVATORS of SIN.

 

Giaki3003 is the second lead developer on SINOVATE team and fellow Master SINOVATOR. He is also a highly experienced blockchain core developer, as well as Innovator of the upcoming PoS4 custom proof-of-stake algorithm, and hybrid consensus.

 

Together they make a uniquely experienced and highly skilled duo and creators of the technical evolution that is SINOVATE. 

 

Check out SINOVATE and start running a node today

 

Read about SINOVATE on the Official bloghttps://sinovate.io/blog

Join the conversation on Discordhttps://discordapp.com/invite/CWbnW5y

Official SINOVATE Telegram Channel – https://t.me/SINOVATEChain

Meet the Team on LinkedInhttps://linkedin.com/in/sinovhttps://sinovate.io/ate-foundation-818672172

Official SINOVATE Mediumhttps://medium.com/@sinovatechain

 

Media Contact Details

Contact Name: Alex Thurston

Contact Email: alex.t@bitcoinprbuzz.com

 

SINOVATE is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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Bitcoin Casino LuckyB.it Offers Winnings up to 15 BTC and a $1000 Instant Deposit Bonus

Bitcoin Press Release: Bitcoin community-driven betting platform LuckBit have announced some of the best promotions available today. This includes a 100% instant deposit bonus of up to $1,000, a 15BTC max win and a transparent, tiered affiliate program. 

 

22st October, 2020, Curacao – Founded in 2013 as a Bitcoin Community project, LuckyBit is known for its original in-house developed games, transparent nature and huge payouts. The community based LuckyBit casino is now offering everyone the chance to claim an instant deposit bonus of up to $1,000 for a first deposit, and win a 15 BTC prize from a single bet. 

 

In addition to these industry-leading payouts; LuckyBit is willing to share up to 50% of the site’s entire gaming revenue with the sites affiliate program allowing players to earn passive income with their well planned, transparent and tiered program.

 

Win Up To 15BTC And A 100% Instant Deposit Bonus

LuckyBit players can win a massive 15BTC prize from a single bet. The odds of hitting a 15BTC jackpot are not high, so LuckyBit have decided to double everyone’s chance at winning, with a 100% instant deposit bonus, up to $1,000 USD. To try and cater for whales and minnows alike, LuckyBit has a 3-tiered deposit bonus structure, so everyone can benefit from the promotion.   

 

Tier 1: Players depositing up to $1,000 will get an additional $1,000 bonus instantly in their account. To withdraw the bonus or winnings players will need to wager the bonus amount (deposit+bonus) 55x within 15 days, after which time the bonus will expire.

 

Tier 2: The second tier enables players depositing up to $500 to double their deposit, and only have to wager their (deposit+bonus) 45x within 15 days from their second deposit.

Tier 3: Players depositing up to $250 will also double their deposits, and can withdraw their funds by simply wagering the total (deposit + bonus) 35x within 15 days.

 

Earn Passive Income as a LuckyBit Affiliate 

A huge 50% of it’s gaming revenue can be allocated for the renowned LuckyBit affiliate programme. This generous company standard stays true to LuckyBit’s provably fair business model, while offering its users a transparent, competitively tiered revenue share model. 

 

The affiliate program takes into consideration the total of all bets made, less payouts, bonuses and fees to come to a calculation of the ‘net gaming revenue’. The total revenue is then divided using a 5-tiered share model, with new affiliates guaranteed a minimum 35% share of revenue for the first three months of their membership. 

 

Tier 1 ( 0-1 BTC Revenue) – 25% Share

Tier 2 (1-3BTC Revenue) – 30% Share

Tier 3 (3-10BTC Revenue) – 35% Share

Tier 4 (10BTC – 25BTC Revenue) – 40% Share

Tier 5 (25+ BTC) – 50% Share

 

Players simply have to share their referral link with new players. These players then sign-up using that link, deposit money (get that sweet 100% bonus) and start betting for the chance to win up to 15 BTC. 

 

No Negative Carryover (NNCO)

Players at LuckyBit are protected by something called NCCO. This means that negative revenue results for LuckyBit, (like players winning large sums of BTC) will not affect affiliate players chances for payouts next month. In this event, Instead of losing BTC players balance would just be reset to 0. 

 

The LuckyBit affiliate programme gives everyone the chance to create risk-free passive income in BTC, in addition to the many generous promotions, the 15BTC prize and transparent, unique gaming experience that they are known across the industry. 

 

Win up to 15 BTC on LuckBit Plinko –  https://luckyb.it

Join the Affiliate programmehttps://affiliate.luckyb.it/

BitcoinTalk Thread https://bitcointalk.org/index.php?topic=5211259.640

Follow LuckyBit on Twitterhttps://www.twitter.com/luckybitgames

Follow LuckyBit on Facebookhttps://www.facebook.com/luckybitgames/

LuckyBit on Instagramhttps://www.instagram.com/luckybitgames/

 

Media Contact Details

Contact name: Martin Prinosil

Email: martin@luckybit-entertainment.com

 

LuckyB.it is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round

Press Release: The Corion and Syscoin non-profit foundations have announced a partnership to address blockchain market interoperability issues and accelerate stablecoin adoption. The CorionX IEO third round started on the 5th October, 2020

 

6th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality. 

 

The foundations of Corion and Syscoin will coordinate campaigns to educate and spread awareness using AMAs, Webinars, Training Sessions, Seminars, Working Groups, and all other means. They will also work together on marketing and certain business development initiatives. CorionX is hosting the third and final round of its CORX DeFi token IEO which started on Probit exchange on Monday the 5th of October, 5:00am (GMT+2).

 

The ETH Conundrum

Scalability and cost are two of the biggest factors that determine whether or not a new digital currency will have a chance to be adopted on a global scale. Ethereum is currently the blockchain of finance, but increasing stablecoin and DeFi transactions have exacerbated an already congested network, only equipped to process around 15 transactions per second. 

 

Such congestion has resulted in record ETH transaction fees ($15 this September) for ERC-20 token users, and by even the most optimistic claims, the phase zero groundwork of the solution promised by the ETH 2.0 Launch will not come into effect until November, 2020. With stablecoins unable to go mainstream due to Ethereum network limitations, and big questions still hanging over token scalability, it seems that interoperability is the next logical step.

 

The Stable Solution

The Syscoin and Corion foundations are currently working together to provision Syscoin Bridge, a decentralized cross-chain interoperability solution that works today, to support CorionX (CORX), Corion’s ERC-20 token and other Ethereum-based Stablecoins and DeFi tokens. The Layer 2 and Cross-Chain bridge solution provides scalability and microtransactions, solving the micropayments issue and scaling-up stablecoin transactions. 

 

This Solution will provide cheaper and faster transactions enabled by Syscoin’s unique Z-DAG Protocol, and more robust security offered by Syscoin’s blockchain which is bitcoin-core-compliant and merge-mined. 

 

Jag Sidhu, Syscoin Foundation Chairman stated: 

 

“Our combined focus will include specific stablecoins, DeFi, and helping the unbanked and over-banked. Together we will drive wider adoption of blockchain technology.“

 

Syscoin and CorionX believe that with the right solutions asset-backed digital tokens on the blockchain will create more efficient and beneficial economies. Lower costs, easier compliance, greater convenience for users, and more participation. The integration between the two companies will solve problems with interoperability, and provide fast, cheap scalable transactions. 

 

A Step Towards Mass Adoption

CorionX is designed to create the global framework for education, expansion, and promotion for the usage of stablecoins, CBDCs, crypto saving, lending, OpenFinance and DeFi. 

Corion Foundation’s #MoneyInTheRightDirection Movement has already started aiding the paradigm shift towards the mass adoption of crypto, digital and programmable money.

 

Miklos Denkler, Corion Foundation Board Member, explains the great ambition of the partnership, stating: 

 

“This partnership will expand crypto and stablecoin use-cases, and help millions of people and crypto communities use CorionX and Syscoin services worldwide. It presents an amazing opportunity for both partners to empower the crypto community to make scalable transactions, experience user friendly DeFi, and to make cryptocurrency savings and investment more mainstream.” 

 

This pioneering movement includes the Corion educational organizations, crypto projects, influencers, financial providers, independent investors, and journalists who all support the mainstream adoption and education of crypto assets, stablecoins and Decentralized Finance solutions. The CorionX utility token itself even supports the everyday use of crypto, with benefits through business partnerships, white label solutions, and Token Loyalty Staking with quarterly rewards. 

CorionX IEO 

Following a successful second round, CorionX is preparing for its third IEO round for its CORX token on Probit Launchpad, The IEO token funds will be used towards the #MoneyInTheRightDirection Movement’s programs, Integrations, Staking, Savings, Benefits and CashBacks.

 

IEO Details

Token: CorionX (CORX)

Token Type: ERC-20

Round Date: 2020-10-05 05:00 (GMT+2)

Price 1 CORX = 0.015 USDT

Token Bonus: PROB: 7%, USDT, BTC, ETH: 5%

IEO total token supply: 61.5 million

Bonus Lockup: 3 months after listing

 

About Corion Foundation

Corion Foundation is a non-profit organization,founded in 2016. It was created with the aim of helping the development and spread of stablecoins and reliable cryptocurrencies across the world. 

               

About Syscoin Foundation

Founded in 2018, the Syscoin Foundation is a non-profit organization that represents the Syscoin core development team, secures the code repositories, and oversees public relations for the protocol. Its goal is to expedite the global adoption of blockchain technology by demonstrating the unique decentralization features offered by Syscoin Platform.

 

Join the 3rd round of the CorionX IEO – https://www.probit.com/en-us/ieo/corx-round1/2  Learn more about the about the Corion Foundation https://corion.io 

Follow CorionX on Facebookhttps://www.facebook.com/CorionFoundation

Find CorionX on Twitterhttps://twitter.com/CorionPlatform

Join the CorionX community on Telegramhttps://t.me/corionx

Read about CorionX on Mediumhttps://medium.com/@Corion

 

Learn more about the Syscoin-Ethereum Bridgehttps://syscoin.org/syscoin-bridge 

Find Syscoin on Twitterhttps://twitter.com/syscoin 

Join the Syscoin community on Telegram https://t.me/Syscoin_Official 

 

Media Contact Details

Contact name: Miklos Denkler

Email: info@corion.io

 

CorionX is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

CryptoMarketeer.com has been proudly serving the crypto press release distribution needs of blockchain start-ups. Get your Crypto Marketing Services & Press Release Distribution today

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Cryptocurrency Portfolio Manager from CryptoView | One Interface, all Major Exchanges

Bitcoin Press Release: CryptoView Portfolio Manager has opened the door for new possibilities with cryptocurrency trading, thanks to its unique, multi-functioning platform. Traders can now trade cryptocurrency on all major exchanges, simultaneously.

28th September 2020, Sofia, Bulgaria – As the world of cryptocurrencies evolves at a rapid pace, so does the sector of cryptocurrency portfolio management services. The need for secure and easy-to-use cryptocurrency trading tools gave birth to CryptoView – a cryptocurrency portfolio manager and tracker, designed to be an all-in-one solution for managing multiple exchange accounts and wallets.

CryptoView enables users to quickly jump from the hassle of switching between several portfolios, exchanges or wallets to the reliability of using a single interface to track all balances, and simultaneously manage trades on multiple exchanges. 

Apart from being an advanced crypto portfolio tracker, CryptoView can also act as a fully-functional trading platform, as the portfolio management software is connected to the world’s leading exchanges like Binance, Bitfinex, Bitmex, Bitstamp, Bittrex, Cexio, Coinbase, CoinbasePro, CoinEx, HitBtc, Huobi, Kraken, KuCoin, OKEx, and Poloniex

 

Multi-charting interface

One of the core strengths of CryptoView is the fully-customizable user interface, which allows users to reorder almost every aspect of their workspace. The team behind CryptoView has developed one of the most advanced multi-charting interfaces, capable of displaying up to 9 charts per monitor, on up to 5 monitors. There are more than 25 grid configurations and 5 screen presets

Those who use multi-monitor setups can use the “screens” option to save a preset configuration for each monitor with a specific grid layout and trading pairs. Each preset can be loaded on a specific monitor with just one click, without having to set your workspace every time.  

CryptoView has integrated TradingView™ charts which offer 85+ trading tools and over 75 drawing tools for both novice and advanced traders. 

 

Portfolio Balance Manager

The crypto portfolio manager gives users a detailed breakdown of asset balances aggregated from all connected exchanges, wallets, and even cold storage. The balance table also gives additional information about current rates, price changes, and trends for each cryptocurrency. Cold storage entries are inserted manually by creating an entry of the balance in each cold wallet.

 

Performance Analytics & Multi-Trading

Another great tool is the CryptoView portfolio histogram which shows portfolio statistics. Each day CryptoView takes a snapshot of all portfolio holdings and plots them into a detailed histogram. There are also asset/portfolio distribution pie charts. Those who prefer to work with raw data can export to both XML and CSV file formats.

The all-in-one multi-exchange trading platform gives users the ability to place orders such as ‘limit, ’“market”, ‘stop-limit’ and ‘stop-market’ simultaneously on each connected exchange. In addition, each trading pair has a trading history, orderbook, market depth and last trades panels.

Data Integration

Among the various crypto trading tools integrated in the platform, there is a built-in multi-source crypto news aggregator (20+ top news sources), events calendar feed from CoinMarketCal, direct data feed from CoinMarketCap and other tools such as SMS price alerts and automatic email balance reports.  

 

Easy Signup and Subscription

Sign-up takes no longer than a couple of minutes and users are given a 30-day free fully-functional trial. Subscription plans range from $29 to $21/month depending on the subscription package. 

 

Fund Managers 

The all-in-one cryptocurrency portfolio manager is also well suited for fund managers who can take advantage of the ‘multi-portfolio’ and ‘portfolio sharing’ functions. 

Each account can create and manage up to 5 separate crypto portfolios and connect different exchanges or wallets to each one. This allows users to either split their portfolio into separate smaller portfolios or manage separate portfolios for clients or friends. 

Users are also able to share the balance table and performance histogram for each portfolio with a “view only” link. This allows clients or partners to monitor the performance of a shared portfolio without being able to directly interact and use the account. 

 

Security

Security at CryptoView is taken seriously, as the platform runs on a cloud-based architecture with encrypted connections, strong API key encryption, DoS protection, 2FA (Two Factor Authentication) as well as all industry general safety standards. To protect users from illicit activities, withdrawal or any fund transfers are limited only to the exchange’s interface.

 

Affiliate and Referral program

Apart from trading and portfolio management, CryptoView also offers an affiliate program, from which you can earn $20 in Bitcoin for every paid subscriber that comes through your affiliate link. There is also a referral program which gives 2 free months for every new referred customer who purchased a subscription after the free trial period. 

 

CryptoView, One Interface, No Limitations

CryptoView is perfectly suited for both novice and advanced traders, providing a strong list of the best cryptocurrency trading tools required to efficiently manage a crypto portfolio. CryptoView takes advantage of the booming local IT sector, which produces some of the best developers and designers in Europe.

 

For more information about CryptoView, please visithttps://www.cryptoview.com/

Join the affiliate program and start earning todayhttps://www.cryptoview.com/affiliate/

Follow CryptoView on Twitterhttps://twitter.com/CryptoViewCom

Find CryptoView on Facebookhttps://www.facebook.com/CryptoViewCom/

 

Media Contact Details

Contact name: CryptoView Marketing Team

Email: marketing@cryptoview.com

 

CryptoView is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

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