Bitcoin Forum
June 29, 2024, 08:27:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏 on: November 30, 2017, 12:41:57 PM

Today subaddresses will be finalized. Let's celebrate when that is done  Grin

Massive respect to the devs for finalizing this, its a fantastic achievement. I'll be cracking open a cold beer in celebration tonight after work!
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sumokoin - The litecoin of Monero on: November 30, 2017, 12:00:03 PM
Sumokoin market cap is less than 1 percent of Monero so it has nice potential for
appreciation going by that alone. It does not have to be better than Monero to gain value.

Great let me make a copy more of ETH and call it SumoETH, then I will say its a copy of Ethereum it has a low market cap and should be higher.

Thatīs  Ethereum Classic, it costs more than 30$...

People should understand a fork is not a clone. Is has itīs own roadmap, itīs own fundamentals, and itīs own development, also itīs own place in the market.
Sumo tries to improve some aspects from monero, and keep other esential things. I think Sumo is more focused in the average user among other aspects... The wallet being beta is working straight forward, mining is super simple, and the privacy aspects are no compromised. That philosphy will probably be a difference factor in the product development compared to monero wich is usually considered a bit complex product.

Ethereum Classic is not the fork. It was Vitalik who forked Ethereum to bail out all of his friends who have invested in the DAO.

But Sumokoin's own roadmap does not make it a better coin. A good development team makes a cryptocoin better. That is why many of us who invested in Monero, also invested in Aeon. Because we trust smooth and he has a proven track record. What do the Sumokoin developers have?

I agree with your statement regarding development teams making a crypto coin great, and considering the Sumokoin devs have achieved a near perfect track record with meeting the deadlines of an ambitious and rather innovative roadmap I am sure you could agree that they have performed incredibly well so far in their still young (6 months) crypto dev careers. Everyone has to start somewhere, and a year from now we will likely be having a far more positive discussion regarding this extremely talented group of developers.

I would also add that a dedicated community of investors/miners/enthusiasts also contribute greatly to the success of any crypto currency, and I can promise you from my own experience that the Sumo community is top notch and have eagerly assisted me from day one.

Lets be happy that so many talented individuals are enthusiastically driving the development of crypto forward, instead of getting drawn in to putting down good people because they believe in and back a different coin.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!