[ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 78.

CyberTrader

newbie

Activity: 43

Merit: 0

Asking the pro Cheesy

did actually not convince me.

As I said earlier...what they have done so far in terms of development is nothing "special". Some code junkie could do that in her/his basement.
There has not been a lot of up-front invest in terms of released features (by the SUMOKOIN team).
I would be less concerned if there was more community support, open telegram groups, etc. but the SUMOKOIN circle is very "tight".
Transparency is very important when dealing with crypto-currencies. We just don't have that with SUMOKOIN.

As I stated earlier...sorry if my opinion offends anyone.

Anybody know how to contact the developers? I would be surprised?!

Germining

sr. member

Activity: 778

Merit: 252

Quote from: CyberTrader on January 04, 2018, 06:47:34 PM

I am a bit puzzled by this coin.

Just ask the pro Grin

Quote from: visdude on July 30, 2017, 06:14:13 PM

I think that if the devs are able to deploy useful tools ASAP to promote the primary function/use-case of Sumokoin or other similar cryptocurrencies for that matter (i.e. conveniently/easily transacting P2P just like cash) and therefore achieving mass-adoption as a consequence, it will have a very good chance of outpacing its sibling/parent sooner than later. For example, I have been wanting to be able to transact P2P with XMR within my circle like I have been able to do so with BTC for years now but to date, XMR has yet to release a simple, functional, secure and private mobile wallet (Android, etc.). It's really not practical or convenient lugging around a desktop/laptop (requiring WiFi connection) just to transact P2P (person-to-person just like with cash). I strongly believe that this is "key".

Ideally, the mobile wallet would connect by default to trusted, private and secure nodes (for user friendliness out of the box) designated/supported/endorsed by the devs that are devoid of any form of "logging" with an option to connect to one's personal/private nodes running at home or other locations that he/she has control over (for advanced/paranoid users). This is in accordance with the fungibility/privacy/security ethos of Sumokoin and similar cryptos that claim such features.

Good luck, devs!

bestofbritish96

member

Activity: 246

Merit: 10

Quote from: chillitabit on January 04, 2018, 06:16:47 PM

been hearing only good references about this project from every side, now I'm coming to look on my own. What is community saying? Should I invest in this long term?

Yes it is, 100% recommendation and they are delivering the goods but mother of god, han solo's dice and the millennium falcon, they need to get off Cryptopia and onto a better exchange. It has got ridiculous, $10 spike in 4 days, FOMO then a crash which makes a bad day at NASCAR look like a scouts summer picnic.

It did nobody any favours, is endemic of low volume and may have put the coin back on the naughty naughty list of some traders. More focus on exchange situation and slightly less on software development would be preferable in some respects.

CyberTrader

newbie

Activity: 43

Merit: 0

I am a bit puzzled by this coin. Especially considering 8 million pre-mined coins, this coin might be headed for a rough crash. At the current rate, the eight million pre-mined coins are worth 40 million dollars which would be available to three or four people who have "slightly" modified monero's code base. If they cash in at block height 140000, SUMOKOIN may crash.

Sure, they do have a nice presentation and a half-way decent road map. But what's the added value? What major implementation features have been delivered? Sub-adddresses are hardly considered a major milestone and the codebase for a working wallet already existed (monero wallet). Copying monero's code base isn't really that hard. Investors are usually asked to check out the coin's development team.

But how many developers are working on SUMOKOIN? 3 - 5 developers? We don't even know who they are. Seriously? I would have expected more... There is really no telling if this is a rip off or a legitimate coin. If I am mistaken, please convince me of the contrary. Sorry if that offends anyone.

sumogr

sr. member

Activity: 463

Merit: 253

You may test the final beta version of Sumokoin's android wallet before the full release on google appstore by downloading it from here:
https://play.google.com/apps/testing/com.sumokoin.sumowallet (you must sign in as a tester, just click the button when prompted)

We are proud to say that Sumokoin's android wallet is the only cryptonote android wallet supporting SSL connections and includes many other improvements (over the open source Monerujo it was forked from).
SSL Nodes:
wallet.sumokoin.ch:4445
wallet.sumoremote.host:4445

Official appstore release will follow in a couple of days

visdude

legendary

Activity: 1081

Merit: 1001

Quote from: h0g0f0g0 on January 04, 2018, 06:14:18 PM

Quote from: visdude on January 04, 2018, 05:54:17 PM

The cheerleaders are desperate and are resorting to stalking which doesn't change the facts a bit. They will keep committing such irrational and blundering actions due to desperation resulting from not being able to hide the truth anymore with their smoke and mirrors.

Now you convinced me completely. Selling all my sumo immediately. Can you advice what to buy?

I don't know what I convinced you of nor was I trying to do so. I am not qualified to give investment advice. As expected of us all, do your own thorough research and make your own informed investment decision based on such research.

h0g0f0g0

sr. member

Activity: 295

Merit: 250

Quote from: chillitabit on January 04, 2018, 06:16:47 PM

been hearing only good references about this project from every side, now I'm coming to look on my own. What is community saying? Should I invest in this long term?

We all did, including trolls. But make your own picture before making decisions. It's your money after all.

visdude

legendary

Activity: 1081

Merit: 1001

Cheerleader says "Its a free expression forum" yet he shoots down every noob on here (superiority complex) when they ask sincere questions about this coin that compromises or threatens his cheerleading/hyping agenda (heck, he does it to me every time and I am obviously not even a noob). His favorite reply to them: "You opened a new account here just for that?"...or something to that effect. I kid you not. Check his profile.

chillitabit

newbie

Activity: 196

Merit: 0

been hearing only good references about this project from every side, now I'm coming to look on my own. What is community saying? Should I invest in this long term?

h0g0f0g0

sr. member

Activity: 295

Merit: 250

Quote from: visdude on January 04, 2018, 05:54:17 PM

The cheerleaders are desperate and are resorting to stalking which doesn't change the facts a bit. They will keep committing such irrational and blundering actions due to desperation resulting from not being able to hide the truth anymore with their smoke and mirrors.

Now you convinced me completely. Selling all my sumo immediately. Can you advice what to buy?

Germining

sr. member

Activity: 778

Merit: 252

Quote from: h0g0f0g0 on January 04, 2018, 04:56:30 PM

Wow, Monerise has support for SUMO now: https://monerise.com/builder/

I wonder when we will see the first site that will pay authors in SUMO.

This is quality project, haven't seen anything with so many features and enhancements in such a short time ever!

That's awesome! I wonder how they found out about Sumo Grin

visdude

legendary

Activity: 1081

Merit: 1001

The cheerleaders are desperate and are resorting to stalking which doesn't change the facts a bit. They will keep committing such irrational and blundering actions due to desperation resulting from not being able to hide the truth anymore with their smoke and mirrors.

h0g0f0g0

sr. member

Activity: 295

Merit: 250

Wow, Monerise has support for SUMO now: https://monerise.com/builder/

I wonder when we will see the first site that will pay authors in SUMO.

This is quality project, haven't seen anything with so many features and enhancements in such a short time ever!

h0g0f0g0

sr. member

Activity: 295

Merit: 250

Quote from: kepas on January 04, 2018, 11:58:45 AM

Quote from: laurent395 on January 04, 2018, 07:58:53 AM

I think this coin is very promising, i heard it is a fork of monero i bought some.

I hope it will go up.

I heard it can go near 100 usd.

it goes up and down... pump and damp... but it is more rising than falling

Definitely no pump&dump coin. Just easy to manipulate with a few bitcoins..
And that's why we need bigger exchange - with volume above 1000 BTC/day it will not be such an easy target.

kepas

member

Activity: 426

Merit: 11

Quote from: laurent395 on January 04, 2018, 07:58:53 AM

I think this coin is very promising, i heard it is a fork of monero i bought some.

I hope it will go up.

I heard it can go near 100 usd.

it goes up and down... pump and damp... but it is more rising than falling

travicstudni

newbie

Activity: 3

Merit: 0

Quote from: ClayABE on January 04, 2018, 09:28:32 AM

Is there a Sumokoin whitepaper at all? I apologise if there is one and I just haven't seen it. Project looks promising from the outlook!

as Sumo is based on cryptonote, you can see the basics on:
https://cryptonote.org/whitepaper.pdf
for the rest diffs against eg. Monero you can check ofic github https://github.com/sumoprojects/sumokoin

Germining

sr. member

Activity: 778

Merit: 252

What do you need it for?

ClayABE

newbie

Activity: 4

Merit: 0

Is there a Sumokoin whitepaper at all? I apologise if there is one and I just haven't seen it. Project looks promising from the outlook!

laurent395

newbie

Activity: 11

Merit: 0

I think this coin is very promising, i heard it is a fork of monero i bought some.

I hope it will go up.

I heard it can go near 100 usd.

Alejandur

newbie

Activity: 93

Merit: 0

Yeah! I have just bought 3000$ in Sumokoins!

Thank you very much to the seller Grin

Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 78. (Read 202439 times)