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Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 2. (Read 202421 times)

hero member
Activity: 994
Merit: 513
member
Activity: 140
Merit: 10
What we knew/know as Sumokoin is now branded as Ryo under the lead of fireice_uk. The new Sumokoin is a hardfork back to Cryptonight Classic, thats why the hashrate went up by factor 10. This team consists of Quang Vu from the old Sumokoin team who also was Sumoshi and two others, as he admitted. So he was rather economical with the truth all the time, from the beginning. A liar will not be believed even when he might speak the truth, that's why I believe the version of fireice, even if I think that the way he took over the coin was not that friendly. Who knows what happened in the background.

Bad thing is: that SUMO seemed really promosing, but I have to admit that lots of stuff looked to be faked or not 100% true.
Good thing is: all SUMO holders now have the same amount of RYO - it has to be seen what this will be worth...
newbie
Activity: 23
Merit: 0
what is happening?
Now there are Sumo and there is RYO ?
what happened to the team?

They all got crazy, went back to old cryptonight algo that is not ASIC resistant, banned everyone from telegram and stopped any communication.
Ryo is fork following the cryptonight_heavy algo maintained by fireice_uk.

I guess they will delete the message anyway, but maybe good info for someone who jumps here just occasionally till it gets deleted. 

Should add: Everyone from old dev team but Vu resigned as a result of this mess.

So:
Vu is running Sumokoin (returning to old CN).
Fireice & Psychocrypt are running Ryo (staying on CN-Heavy)
full member
Activity: 798
Merit: 103
So i assume there is no more rebranding to RYO. As RYO is now in the hand of fireice.
sr. member
Activity: 295
Merit: 250
what is happening?
Now there are Sumo and there is RYO ?
what happened to the team?

They all got crazy, went back to old cryptonight algo that is not ASIC resistant, banned everyone from telegram and stopped any communication.
Ryo is fork following the cryptonight_heavy algo maintained by fireice_uk.

I guess they will delete the message anyway, but maybe good info for someone who jumps here just occasionally till it gets deleted. 
full member
Activity: 372
Merit: 108
what is happening?
Now there are Sumo and there is RYO ?
what happened to the team?
sr. member
Activity: 243
Merit: 250
newbie
Activity: 98
Merit: 0
Hold on,  what is the meaning of this fork? Does someone really buy anyone who does not need a crypto currency
I really want to know...
legendary
Activity: 2744
Merit: 1387
Ukrainians will resist
Guys. whats the sumo pool for asics right now? i found only CPU GPU pools.... WTF
somebody give me the right pool... i'd like to try mining for couple days!!! Huh Huh

These are the pools which supports the new Hard Fork of Sumo with Asics, they just announced in their Announcement Channel on Telegram:

- https://pool.sumokoin.com
- https://sumokoin-pool.com/
- https://easyhash.pro/sumo/
- http://www.sumopool.de/
- https://sumokoin.hashvault.pro/en/
- https://sumo-pool.theskynet.xyz/
- http://sumo.pandapool.nl/
- http://pool.sumokoin.net/
- http://easyhash.io/
- https://sumopool.eu/
http://sumo.ms-pool.net.ua/#
full member
Activity: 658
Merit: 129
What's going on with SUMOKoin project?
Why its price plummeted like this chart shown
https://coinmarketcap.com/currencies/sumokoin/
Are there processes, internal developments form it's team?
Sumokoin is now controlled by ASIC miners. CPU/GPU miners are leaving.

Most ASIC miners are going to immediately sell their Sumokoin for Bitcoin. It will be a little like Electroneum i suppose. The coin price is going to be stuck at a certain price or fall more.

When does the rebranding(hardfork?) to Ryo is going to take place? And is it going to be made or not? Is it going to be a new coin?

SUMO will not rebrand at the moment as far as I know, because of the team split there was a hard fork on Monday which created another coin - they called them Ryo now - you have the same balance there like you had on Monday in your SUMO wallet.
sr. member
Activity: 487
Merit: 266
Thanks for feedback but we still know nothing. As for me, Cryptopia suppose to honor fork and provide us, investors with the same amount of Ryo as if we were keeping our Sumo in official wallet. Otherwise we gonna lose a lot of money. Ryo is listed on tradeorge now and If I had kept my Sumo in wallet I would have had the same amount of both coins now after fork. And this mean that I would have doubled my savings! This will be unjust if cryptopia stick with only one coin and not both! C'mon Cryptopia, I trusted you keeping my coins at your exchange!

Sorry, but lol.

This is like the first rule of crypto-currency trading, never ever let your funds sit on an exchange. That's just asking for trouble.

As for the fork in itself, this is worse than kindergarten. Everyone is getting fucked over.
legendary
Activity: 1638
Merit: 1033
I do not understand what's going on in this thread, but I see SUMOCOIN tops rank in the 'indodax community coin voting' https://indodax.com/
You can check here https://imgur.com/inuaxQb  It seems that this is good news because a few days ago STQ was listed there and the price raised 150%
full member
Activity: 798
Merit: 103
What's going on with SUMOKoin project?
Why its price plummeted like this chart shown
https://coinmarketcap.com/currencies/sumokoin/
Are there processes, internal developments form it's team?
Sumokoin is now controlled by ASIC miners. CPU/GPU miners are leaving.

Most ASIC miners are going to immediately sell their Sumokoin for Bitcoin. It will be a little like Electroneum i suppose. The coin price is going to be stuck at a certain price or fall more.

When does the rebranding(hardfork?) to Ryo is going to take place? And is it going to be made or not? Is it going to be a new coin?
full member
Activity: 658
Merit: 129
Guys. whats the sumo pool for asics right now? i found only CPU GPU pools.... WTF
somebody give me the right pool... i'd like to try mining for couple days!!! Huh Huh

These are the pools which supports the new Hard Fork of Sumo with Asics, they just announced in their Announcement Channel on Telegram:

- https://pool.sumokoin.com
- https://sumokoin-pool.com/
- https://easyhash.pro/sumo/
- http://www.sumopool.de/
- https://sumokoin.hashvault.pro/en/
- https://sumo-pool.theskynet.xyz/
- http://sumo.pandapool.nl/
- http://pool.sumokoin.net/
- http://easyhash.io/
- https://sumopool.eu/
newbie
Activity: 93
Merit: 0
No lambo for us it seems  Cry
I'm still holding and I wish I get two lambos (one with Sumokoins and one with Ryo). Smiley
newbie
Activity: 65
Merit: 0
Thanks for feedback but we still know nothing. As for me, Cryptopia suppose to honor fork and provide us, investors with the same amount of Ryo as if we were keeping our Sumo in official wallet. Otherwise we gonna lose a lot of money. Ryo is listed on tradeorge now and If I had kept my Sumo in wallet I would have had the same amount of both coins now after fork. And this mean that I would have doubled my savings! This will be unjust if cryptopia stick with only one coin and not both! C'mon Cryptopia, I trusted you keeping my coins at your exchange!
newbie
Activity: 55
Merit: 0
newbie
Activity: 55
Merit: 0
Just checked Cryptopia:

"Market Paused

02/06/2018: Cryptopia is very disappointed at the behaviour of the various parties in the SUMO/RYO debate and how they have sprung this on us without notice. We have had zero time to evaluate the situation. To protect all funds of our users, we will be pausing all markets/wallets until the dust settles. We will re-evaluate and decide which chain or chains we will allow users to withdraw on."
newbie
Activity: 65
Merit: 0
Hi friends. Does anyone know what will happen with sumo stored on cryptopia during fork?  Is cryptopia gonna honor fork or is it gonna stick with sumo without giving investors the same amount of ryo? This is so confusing to me now, since if sumo is going to fail then cryptopia is suppose to stick with ryo , otherwise investors like me will lose thousands of dollars !!!   I think Ryo has not even be on cryptopia yet, so confusing and stupid.
newbie
Activity: 1
Merit: 0
Guys. whats the sumo pool for asics right now? i found only CPU GPU pools.... WTF
somebody give me the right pool... i'd like to try mining for couple days!!! Huh Huh
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