it will be interesting to see where all these new forks will end up in a few years...
We had the same question 2 years ago.... some will grow. Many will disappear ...
Topic: Sumokoin - True privacy (Read 914 times)
We had the same question 2 years ago.... some will grow. Many will disappear ...
SUMOKOIN is created with a high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize (mixin) of 12 to conceal sources/amounts transferred and make it high resistance to blockchain analysis
Sumo did reach 2,2$ today guys 
11:29 price went from 1,87 to 6,99.... lol
Congratulations to the developers of sumo coin. $2 a coin makes their premine worth $16 mill, right? Not bad for less then a years work. Only in crypto!
Considering any middle exchange like hitbtc asks for 55 Bitcoin (not to mention the big players like binance or bittrex).. i don´t see the premine a problem...
In fact i truly bealive any community based project that comes out this days will totally fail to get in the top 100... You can´t compite with all the ICO that have millions of $ to spend from day 0 in marketing, bounties, airdrops, partnership... and most important listing on high volume exchanges.
Sumo did reach 2,2$ today guys
11:29 price went from 1,87 to 6,99.... lol
Congratulations to the developers of sumo coin. $2 a coin makes their premine worth $16 mill, right? Not bad for less then a years work. Only in crypto!
Guys... the premine is worth nothing. What do you think would happen if they sold it? Let them built the coin and get a decent volume.
With a bit of luck, the premine will allow sumo to get listed on new exchanges next year. It is not 2014 anymore guys... a hitbtc livetime listing costs 55btc....
Both points have merit and some premine is necessary to protect future of project, development, marketing etc. But 16 million seems excessive to me considering they forked Monero and did a bit of front end work and zero marketing. Cool project though. I am not disparaging the coin at all. But while we are on the subject of privacy, I think Intensecoin http://intensecoin.com ups the game quite a bit with it's secure p2p and VPN tunneling over the blockchain. Also has innovative hybrid-PoW/PoS. The VPN is built-into the wallet so you can advertise and offer VPN services charge whatever you like. This will open a lot of opportunities for the building of secure communities and market places; the kind which fostered Bitcoins original success and vision.
Sumo did reach 2,2$ today guys
11:29 price went from 1,87 to 6,99.... lol
Congratulations to the developers of sumo coin. $2 a coin makes their premine worth $16 mill, right? Not bad for less then a years work. Only in crypto!
Guys... the premine is worth nothing. What do you think would happen if they sold it? Let them built the coin and get a decent volume.
With a bit of luck, the premine will allow sumo to get listed on new exchanges next year. It is not 2014 anymore guys... a hitbtc livetime listing costs 55btc....
Sumo did reach 2,2$ today guys
11:29 price went from 1,87 to 6,99.... lol
Congratulations to the developers of sumo coin. $2 a coin makes their premine worth $16 mill, right? Not bad for less then a years work. Only in crypto!
At least they worked for it and are earning their $$ vs. ICOs where you get the money first and then everyone hopes you'll actually do work. That premine is locked for a while anyway.
Sumo did reach 2,2$ today guys
11:29 price went from 1,87 to 6,99.... lol
Congratulations to the developers of sumo coin. $2 a coin makes their premine worth $16 mill, right? Not bad for less then a years work. Only in crypto!
11:29 price went from 1,87 to 6,99.... lol
Sumo did reach 2,2$ today guys
Since this threat is about sumokoin's privacy, subaddresses should be mentioned
SUMOKOIN v0.2.0 - Sapporo - Release
Sumokoin v0.2.0, code name Sapporo, named after the capital city of Hokkaido, has been released that supports "Subaddresses" feature.
Subaddresses are on-the-fly addresses derived from wallet standard address which can be used to hide your wallet address from public eyes and therefore strengthens Sumokoin privacy.
Until all exchanges and pools upgrade binaries to this version, you may be able to use subaddresses to:
- Withdraw coin from exchanges
- Receive coins mined sent by pools
Ofc, you can use subaddresses to send/receive coins if both parties are using the latest version of binaries.
WARNING:
1 - Old wallet doesn't recognize subaddresses and cannot see the coins sent to its subaddresses (created by this wallet version). The coins sent, however, are not lost, they can be retrieved with new wallet.
2 - If you use old wallet files with new wallet cli, the tx history needs to be rebuilt by 'rescan_bc' command
Downloads: https://github.com/sumoprojects/sumokoin/releases/tag/v0.2.0.0
Sumokoin v0.2.0, code name Sapporo, named after the capital city of Hokkaido, has been released that supports "Subaddresses" feature.
Subaddresses are on-the-fly addresses derived from wallet standard address which can be used to hide your wallet address from public eyes and therefore strengthens Sumokoin privacy.
Until all exchanges and pools upgrade binaries to this version, you may be able to use subaddresses to:
- Withdraw coin from exchanges
- Receive coins mined sent by pools
Ofc, you can use subaddresses to send/receive coins if both parties are using the latest version of binaries.
WARNING:
1 - Old wallet doesn't recognize subaddresses and cannot see the coins sent to its subaddresses (created by this wallet version). The coins sent, however, are not lost, they can be retrieved with new wallet.
2 - If you use old wallet files with new wallet cli, the tx history needs to be rebuilt by 'rescan_bc' command
Downloads: https://github.com/sumoprojects/sumokoin/releases/tag/v0.2.0.0
Have been keeping an eye on this as its been performing well.
Must try out mining with my CPU and GPU's and see how the results go. Does anyone have there results from CPU mining? I have an i5-7400.
Must try out mining with my CPU and GPU's and see how the results go. Does anyone have there results from CPU mining? I have an i5-7400.
You can try sumos easy miner!
Have been keeping an eye on this as its been performing well.
Must try out mining with my CPU and GPU's and see how the results go. Does anyone have there results from CPU mining? I have an i5-7400.
Must try out mining with my CPU and GPU's and see how the results go. Does anyone have there results from CPU mining? I have an i5-7400.
I read in July, I think, an article about Charlie Lee.
Yes, Charlie Litecoin Lee. He recommended to buy ETP, Walton,
Kyber & Sumokoin as cheap as possible. Sumo will hit $3 maybe in a week or two
Yes, Charlie Litecoin Lee. He recommended to buy ETP, Walton,
Kyber & Sumokoin as cheap as possible. Sumo will hit $3 maybe in a week or two
Were did you read that? Link please? Sumo will release a GUI wallet with subaddresses support. This is a first in the world of cypto and an perfect example of Sumokoins philosophy: improve privacy AND usability!
I read in July, I think, an article about Charlie Lee.
Yes, Charlie Litecoin Lee. He recommended to buy ETP, Walton,
Kyber & Sumokoin as cheap as possible. Sumo will hit $3 maybe in a week or two
Yes, Charlie Litecoin Lee. He recommended to buy ETP, Walton,
Kyber & Sumokoin as cheap as possible. Sumo will hit $3 maybe in a week or two
Sumokoin has an extremely active development team.
Not only have they hit every single road map target on time, other coins have ported their work. Such as the gui wallet and the gui miner because those coin's devs haven't released any useful tools.
A lot of coins have a huge marketing campaign and an ICO that's 99% hype with no actually developments, a ton of excuses about delays and still have a giant following.
Sumokoin has very little marketing and until recently was under $1 million market cap. Yet the devs hit road map targets over and over.
By the way, Sumokoin has had RingCT since day one, which means every single transaction is untraceable.
By default it has 12 mixing instead of monero's 4.
Subaddresses recently released for even more privacy.
No offense to monero, I have great respect for them, but sumokoin is just a better privacy currency in every measurable way.
Not only have they hit every single road map target on time, other coins have ported their work. Such as the gui wallet and the gui miner because those coin's devs haven't released any useful tools.
A lot of coins have a huge marketing campaign and an ICO that's 99% hype with no actually developments, a ton of excuses about delays and still have a giant following.
Sumokoin has very little marketing and until recently was under $1 million market cap. Yet the devs hit road map targets over and over.
By the way, Sumokoin has had RingCT since day one, which means every single transaction is untraceable.
By default it has 12 mixing instead of monero's 4.
Subaddresses recently released for even more privacy.
No offense to monero, I have great respect for them, but sumokoin is just a better privacy currency in every measurable way.
it will be interesting to see where all these new forks will end up in a few years...
We had the same question 2 years ago.... some will grow. Many will disappear ...
it will be interesting to see where all these new forks will end up in a few years...
SUMO will compete with Monero and hopefully SUMO can steal a big piece of the market from Monero
Sure, why not right? It's another alt to trade in and out of to make some BTC profit. But if you think Sumo will gain the same kind of success Monero has reached, then you're probably scamming yourself.
I don't think their devs are brilliant enough to compete among the best.
How can you say if Sumokoin's dev are brilliant or not
Until now, they did a really good job:- Awesome GUI-Wallet
- CPU-Easy-Miner
- Adjusted Diff-Algo to make the coin Botnet-proof
- First part of subaddresses mergerd
- Second part of subaddresses with GUI will follow this year
That is quite a lot for a 6 month old coin. Just my 2 cents
SUMO will compete with Monero and hopefully SUMO can steal a big piece of the market from Monero
Sure, why not right? It's another alt to trade in and out of to make some BTC profit. But if you think Sumo will gain the same kind of success Monero has reached, then you're probably scamming yourself.
I don't think their devs are brilliant enough to compete among the best.
SUMO will compete with Monero and hopefully SUMO can steal a big piece of the market from Monero
Sumokoin is already 6 months old. It is a new coin like ZenCash. The popularity of this coin is growing as people are trying to find the new gem. As the top coins prices are already very high. I think the development of this coin is becoming more interesting. And i see that more people are mining this coin today...
Te difference to ZenCash is that the marketcap of Sumokoin is ultra low compared to ZenCash. I am long since 5k sat. Will hodl until 50k at least. 
Sumokoin is already 6 months old. It is a new coin like ZenCash. The popularity of this coin is growing as people are trying to find the new gem. As the top coins prices are already very high. I think the development of this coin is becoming more interesting. And i see that more people are mining this coin today...
Isn't this a Monero knock off? What was the purpose of the software fork and why did the devs decide to start another genesis block?
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Lol. Never mind.
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Quote
About 10% (~8.8 million, 98% locked in escrowed wallets) was premined
Lol. Never mind.
Do you see a problem here?
Sumokoin is awesome
Premined 10%. It is huge premine! It is a problem for any long term holder. Maybe for quick speculations it is not big deal. But I don't see much potential here. Can you explain why is it better than XSPEC for example?
The premine is locked they can´t use it, and in future it will help them continue with the roadmap and invest in marketing, branding, exchange listing, etc.. just like Dash has big premine and now it´s 600$
The name it´s because it´s a japanese coin and the head dev is named Sumoshi Tanaka. I like the name...
Did anyone see sumokoin today?
Its smoking hot!
https://www.sumokoin.org/
https://coinmarketcap.com/currencies/sumokoin/
Some people are saying if this coin as the monero fork coin but this is not comparable with aeon. sumokoin looks very new in my personally. I didn't ever see it before. Its smoking hot!
https://www.sumokoin.org/
https://coinmarketcap.com/currencies/sumokoin/
It seems there will be a huge pump in the future. As per some people claim about this fork monero coin.
Isn't this a Monero knock off? What was the purpose of the software fork and why did the devs decide to start another genesis block?
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Lol. Never mind.
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Quote
About 10% (~8.8 million, 98% locked in escrowed wallets) was premined
Lol. Never mind.
Do you see a problem here?
Sumokoin is awesome
Premined 10%. It is huge premine! It is a problem for any long term holder. Maybe for quick speculations it is not big deal. But I don't see much potential here. Can you explain why is it better than XSPEC for example?
Another fork for monero after Aeon, i dont even know why this coin is having a lot of forks lately, the price was very good, and it was one of the only coins that have been increasing during the last few weeks.
Why are now forking it? Sumokoin does not even seems to be a fair coin, it is like a meme, like doge is.
Anyway, i will see this thread in a near future, i really want to see how it is going to be on a near future, i had some moneros but i dumped them a few days before, so i missed the opportunity to receive those free coins i guess.
Why are now forking it? Sumokoin does not even seems to be a fair coin, it is like a meme, like doge is.
Anyway, i will see this thread in a near future, i really want to see how it is going to be on a near future, i had some moneros but i dumped them a few days before, so i missed the opportunity to receive those free coins i guess.
Another awesome day for SUMO
Isn't this a Monero knock off? What was the purpose of the software fork and why did the devs decide to start another genesis block?
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Lol. Never mind.
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Quote
About 10% (~8.8 million, 98% locked in escrowed wallets) was premined
Lol. Never mind.
Do you see a problem here?
Sumokoin is awesome
Isn't this a Monero knock off? What was the purpose of the software fork and why did the devs decide to start another genesis block?
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Lol. Never mind.
And how are they gonna be better than Monero? I mean really... Have the Sumo devs contributed to the Monero code base in the past?
Edit:
Quote
About 10% (~8.8 million, 98% locked in escrowed wallets) was premined
Lol. Never mind.
Zcash, Dash and monero are new competitors. I will not take it because I do not use the stock exchanges.
I really wish they would change the name, so hard to take the coin seriously. What does sumo have to do with being anonymous lol. Still invested in it that being said.
I think the name is quite cool =)
I really wish they would change the name, so hard to take the coin seriously. What does sumo have to do with being anonymous lol. Still invested in it that being said.
When you wrestle sumo you wrestle for your brothers, your family, and your country. You have no name, no individual identity. You are one with with all.
I really wish they would change the name, so hard to take the coin seriously. What does sumo have to do with being anonymous lol. Still invested in it that being said.
Monero fork apparently.
Sub-addresses added to wallet.
Sub-addresses added to wallet.
look like this is japanese project depending the name
and wow , the price is increase more than 100% today,,
is there any updates or new features realesed in this project that make the price soaring?
and wow , the price is increase more than 100% today,,
is there any updates or new features realesed in this project that make the price soaring?
Did anyone see sumokoin today?
Its smoking hot!
https://www.sumokoin.org/
https://coinmarketcap.com/currencies/sumokoin/
Its smoking hot!
https://www.sumokoin.org/
https://coinmarketcap.com/currencies/sumokoin/
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