SINOVATE price is $0.00170.

SINOVATE price is $0.00170 with a marketcap of $1.35 M. Its price is -6.19% down in last 24 hours.


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  • suqa
    SINOVATE (SIN)
  • Live Price
    $0.00170
  • 24h %
    -6.19%
  • Market Cap
    $1.35 M
  • Volume
    $224,615
  • Available Supply
    795.16 M SIN
  • Rank
    2186

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More Info About The Coin

SINOVATE (SIN) is an innovative state of the art blockchain for decentralized cloud storage launched in 2018. Established as a Decentralized Autonomous Organization (DAO), SINOVATE aims to offer a decentralized Cloud (dCloud) multi-chain ecosystem to answer the future challenges of Big Data and Artificial Intelligence. This ecosystem has the following unique features:1) Hybrid GPU-based custom Proof-of-Work (PoW) algorithm X25X and fourth-generation Proof-of-Stake (PoS) consensus for block validation which ensures an ultra-secure, efficient, and scalable blockchain technology.2) Infinity Nodes network for enabling a low-cost, high-speed, and stable data storage platform. This is only possible with the unique 12-month contract commitment and LockReward algorithm for fairly distributed reward systems among tiers of Infinity Nodes. Rewards come from their contribution to the Proof-of-Services (PoSe) layer composed of instant and data storage payments.3) Proof-of-Burn (PoB) mechanism applied on the Infinity Nodes collateral, data storage fees, and transaction fees. The inflation paradigm solved by SINOVATE will ensure an easy network capacity increase and a novel cryptonomi

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