So xmr has another babycoin to fud... nice Actually I think that the Monero V guys unintenionally dag up an XMR vulnerability while trying to create a coin of dubious nature ( I avoid the word scam without solid proof ). Regarding Sumokoin, this incident rendered invalid the claims of the Monero community that our higher ringsize was nonsensical.
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Is Sumokoin able to repel attacks like Monero V's that threaten Monero's anonymity?
Well according to this https://btcmanager.com/monerov-trap-laid-monero-users/(end of the article at the "Conclusion" part) As for a concrete solution to chain split attacks, a higher minimum enforced ring size could be the answer. Ehrenhofer, along with Brandon Goodell, recommends a higher ring size and increasing this figure from five to eight, but comes with the cost of increasing fees and transaction sizes, “For a modest increase in fees and transaction size, we can be much more assured that Monero’s ring signatures are prepared for large chain split attacks.” Goodell proposed a range between eight and 16. With a ring signature of eight, every transaction will have eight signatures instead of five and eight possible inputs for one actual input spent, providing greater obfuscation. The attractiveness of this solution is that it is easily implemented.Sumokoin has by default and since day one, 12 mixins which means a ringsize value of 13, also Sumokoin has a young chain with still small fees while bulletproofs implementation will keep the chain and fees at the current levels so this high ring value doesnt have any serious negative effects on its chain size and fees. So I guess the answer is no, I think Sumokoin is secure from such kind of issues
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There goes the spin again. Just can't help it. Pulling phantom info from where the sun don't shine. Give it a frigging rest already.
Edit: Correction -- there goes the cheerleading again.
Come on dude i was just stating my personal opinion regarding that issue. It might have been a question for any other coin. I didnt shill Sumo at all EDIT: I didnt fud either. I just find the ASIC explanation nonsensical EDIT2: Who will cryptographically confirm and guarantee the hashing algo tweak every six months? EDIT3: The chain with the highest hashing power is usually the dominant one, who can guarantee that miners wont eventually stick with a previous chain and force a viable fork? EDIT4: I really hope they reconsider this decision
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Its like declraing war to a non existent enemy Are there any cryptonight ASICs being sold anywhere to declare war to? No ASIC producer will ever invest money and resources to develop and try to sell ASICs for an algo that is so easily tweaked and render his ASIC obsolete overnight. The plague of cryptonight pow coins are botnets due to the fact that cryptonight algo limits the advantage of GPUs over CPUs, NOT ASICs Maybe they should better reveal to the public the real reason they want to tweak the hashing algo. It might be this https://twitter.com/mjos_crypto/status/933456673443901440 but I could be wrong, ASICs is not the issue though
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is it normal for the sumokoin windows wallet to load pretty long? i've opend it about 5 minutes ago it says its still loading
Nope its not . Was it working before? Give us some more details and we ll guide you
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What does it take to get listed on ShapeShift and other account-less exchanges?
Account-less instant exchanges are preferable by the founders as well Listing on HitBTC (and if I remember correctly and Bittrex) is a prerequisite for Shapeshift. Devs dont actually opt for Changelly for various reasons (minergate connections) We' ve applied to smaller instant ones, waiting for their reply, in the meantime Shapeshift will be the first to reapproach once we get onto HitBTC
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Hi guys, I have a noob question and it would be nice if someone could explain this to me. I'd like to understand at what part of the below process my coins will get anonymous. I have a Cryptopia acc with a known public key and then I decide to send all my Sumokoins to my wallet. How my details can be 100% anonymous if the address my coins came from can be checked in the blockchain? I hope this makes sense. Thanks Here is the CryptoNote whitepaper, the answer may be in there. https://cryptonote.org/whitepaper.pdfWhen I use a blockchain explorer to check my Sumo address nothing comes up. Sumokoin's addresses are stealth addresses (a cryptonote feature). A recipient can never know who send the coins unless told otherwise, this is why cryptopia is using a payment id to discern which deposit belongs to which account. Please, however, dont confuse this with the subaddresses feature (or ghost addresses as we like to call them) its a different thing. EDIT: Here is a very good explanation (though quite technical) from an XMR user https://monero.stackexchange.com/questions/1500/what-is-a-stealth-address
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Sumo GUI window/frame doesn't scale on a 1024 x 600 screen. A little portion at the bottom (progress bar) gets cut off and there is no window resizing or vertical scrolling feature. It doesn't have a "maximize/restore" option either. Perhaps this is something that can easily be fixed in the next release. Monero GUI had the same issue but has since been fixed (now able to scroll).
https://github.com/sumoprojects/SumoGUIWallet/issues/38Done! Thanks
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Hello everybody.
How to backup the sumocoin wallet. I see no wallet.dat file.
Can anyone help me?
Assuming that you are using GUI wallet on Windows, back up the contents of C:\ProgramData\SumokoinGUIWallet\wallets which are: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin.address.txt xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin.keys You can restore your wallet with them without having to use the seed words which should be the ultimate last resort if you do not have a backup of the aforementioned files. Actually, you only need the "bin.keys" file to restore the wallet (in conjunction with the established wallet password, of course) but without the ".bin" cache file, the wallet's transactions would have to be rescanned from scratch (thereby creating a new cache file). The "bin.address.txt" file is just a text file that contains the main wallet address for convenient reference but it is not essential for the wallet to function. You do not have to back up the log files...if you do not want to. Don't rely getting accurate information from cheerleaders. I take that back. In Sumokoin, the three files I mentioned above are indeed needed to restore the wallet via the "Import Wallet" option offered on the first screen after installing and starting the wallet for the first time but it only needs to be pointed to the ".bin" file. In my particular case, I merely wanted to run the wallet/node on a couple of other machines. So I just copied/cloned the "SumokoinGUIWallet" and the "sumokoin" folders, dropped them in the corresponding directory on the recipient machines and fired up the freshly installed wallet. It picks up from when it was last synced. This method is much quicker. You might want to edit the "app_settings.json" file that would be imported from the source machine and change the "block_sync_size" value accordingly (lower for a slower machine and higher for faster ones)...or you could simply keep the version created during installation (and not replace it with the imported one) as I think the performance of the machine is detected and evaluated during installation and is consequently being assigned an appropriate value accordingly. Very well described. Just a friendly reminder to the original poster, if you go that way you still have to write somewhere and keep safe your initial wallet password - as visdude wrote at his first post - (cause the password you chose was used to encrypt the keys contained in those files) also if you decide not to save your decrypted keys or the seed words and go only that way, in case these files get corrupted, for any reason, you will not be able to recover and restore. My subjective opinion is to save the electrum style seed words and restore each time from them, I find it is easier and safer but like i said it is merely a subjective view.
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Hello everybody.
How to backup the sumocoin wallet. I see no wallet.dat file.
Can anyone help me?
Assuming that you are using GUI wallet on Windows, back up the contents of C:\ProgramData\SumokoinGUIWallet\wallets which are: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin.address.txt xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.bin.keys You can restore your wallet with them without having to use the seed words which should be the ultimate last resort if you do not have a backup of the aforementioned files. Actually, you only need the "bin.keys" file to restore the wallet (in conjunction with the established wallet password, of course) but without the ".bin" cache file, the wallet's transactions would have to be rescanned from scratch (thereby creating a new cache file). The "bin.address.txt" file is just a text file that contains the main wallet address for convenient reference but it is not essential for the wallet to function. You do not have to back up the log files...if you do not want to. Don't rely getting accurate information from cheerleaders. Happy to have you onboard
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Hello everybody.
How to backup the sumocoin wallet. I see no wallet.dat file.
Can anyone help me?
Go to settings, press seed words, save them safely. Each time you want to restore your wallet you will use these words Interesting, but then there is none wallet data save locally on my hard disk? If not then why there was only one method to back up wallet by using seed word? Its a cryptonote, such coins dont have a wallet.dat their wallets can only be restored either by seed words or keys. Easiest way is the seed words That's not true, i have cryptonight coins that have wallet that can be backed up with .wallet file, works the same as when you have a .bat file That wallet file you are talking about has the keys encrypted in it. Sumo has this file too but good luck restoring it if you dont know how to. You cannot just copy paste that wallet file in your wallet installation folder and expect your wallet to be suddenly restored like the wallet.dat file and the qt wallets
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Hello everybody.
How to backup the sumocoin wallet. I see no wallet.dat file.
Can anyone help me?
Go to settings, press seed words, save them safely. Each time you want to restore your wallet you will use these words Interesting, but then there is none wallet data save locally on my hard disk? If not then why there was only one method to back up wallet by using seed word? Its a cryptonote, such coins dont have a wallet.dat their wallets can only be restored either by seed words or keys. Easiest way is the seed words
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Hello everybody.
How to backup the sumocoin wallet. I see no wallet.dat file.
Can anyone help me?
Go to settings, press seed words, save them safely. Each time you want to restore your wallet you will use these words
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I'm having major major issues with the GUI wallet. It stays stuck at loading once it's opened. If you close it out and try to open again it does not even open.
What the frigging fuck?
Delete the Programdata\sumokoin and Programdata\sumokoinGUIwallet folders and reinstall (the fact that is not opening when you close it, is cause the process is still running and has to be killed by using the task manager). Restore from seed words when you succeed. If all else fails open an issue on git.
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Ok roadmap was updated at htttp://www.sumokoin.org Next waypoint (released latest till next month) - a multisignature enabled - lite wallet (an option will be offered to the user to connect to a remote node or download the chain and run the daemon locally) So Sumokoin's GUI wallet will have the following options/features: 1. Subbaddresses (Ghost Addresses) already applied at v.2 2. Tx multisigning 3. Optional connection to a remote node for faster syncing
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The fact my friend is that they have no means of hurting the project at Github and they ridicule themselves by searching for excuses. Like i said to my other friend above you, replying to his second to last post, alea iacta est, the sooner they accept it the better for both projects. There is no way we will spend our entire day replying into Monero's slander cause that hurts both projects
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"The die is cast" indeed, i.e. for the exorbitant premine being a constant threat to the market and to the supposedly decentralized nature (so they claim) of this coin. Only a "voluntary" hard fork could eradicate such threat. Only then could it truly instill confidence.
I was an avid supporter of donating, if possible, the entire fund asked for the bulletproofs audit by Monero out of the premine but after the below I will do my best that not a single penny is offeredWell done stoffu! Great ethos! I hope the rest of the Monero devs are proud of you
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Re DMCA "legal" complaint:
"Ignorancia legis non excusat".
No matter what you say and do my friend "Alea iacta est" so you'd better start accepting it
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Please fix the link under "Source code - Whitepapers" section at https://www.sumokoin.org/Currently it links to GitHub and ofc shows the closed repo (which could be quite bad sign for any potential investor). The github issue will be shorted very soon so all links will be back to normal the following days. Thank you for notifying us!
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