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I guess this project is dead...
RIP
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You should really check the posts on the old sumokoin thread. https://bitcointalk.org/index.php?topic=1905086.4560Obviously, this thread is moderated so I wonder how long my post will survive. Don't trust anything you read here. Loads of people have and lost a lot of money. |
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>> Was there a recent attack on the network? Hashrates were up in comparison to now and multiple mined blocks on my pool got rejected due to reorganization! >> I am counting 4 rejected blocks in the last few days on my small pool alone! >> >> What's going on? >> >> See https://github.com/graft-project/GraftNetwork/issues/116 for more information. I had the same problem on my pool. No update? Nobody cares to comment? |
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Was there a recent attack on the network? Hashrates were up in comparison to now and multiple mined blocks on my pool got rejected due to reorganization! I am counting 4 rejected blocks in the last few days on my small pool alone! What's going on? See https://github.com/graft-project/GraftNetwork/issues/116 for more information. I had the same problem on my pool. |
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@passnet: Don't bother with GERMINING... he was part of the machinery that made people lose money. He can
make up stories for small children. Or maybe he should get a real job. His rep is gone...nobody will believe anything he says.
@Germining: Best you get a new handle if you wanna bullshit people. You told so many lies about the coin and the so-called team (1 person).
LOL
@ALL: Ask in the RYO forum...the will tell a different story from the lame story GERMINING keeps telling.
Sure. I was part of the team that did all the work the last 1.5 years. If you think one person could have done that, congrats  I didn't make people lose money. Only one person is responsible for that. Best thing ask team ryo who it was  @Germining: Read the post of your developer in Vietnam. It tells the story. Dreaming up identities and pretending it was more than one person. Writing that wallet is hardly a task for large teams. I work in Enterprise scale projects (IT) and can tell you that the sumokoin wallet could be done by a college graduate in a few weeks. Remember how you assured me and others in this very forum that there is a whole team of highly talented developers working on the coin? Obviously, it was just one developer and you guys were so desperate to hire the very develop who - according to you - attacked the coin. You even backed up your rip-off brother Sumogr with his claim that "they (the developers on Sumokoin) are much more talented" than required for a coin development project. Anybody interested can look for my posts on this forum. Fortunately, it's documented. Germining...Your lies stink... Stop lying and STFU. Nobody is interested in any of the sh.t coming from your mouth. @All: Just look at Germining's posts a few months ago. Germining was definitely "part of the rip off machinery". PS @Germining: I don't think anybody believes your "attack stories". You just lied again and again and realized you couldn't deliver. Off with the premine and invent a story about an attack. Or maybe not... LOL |
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From the last 2 posts on their blog I suspect this is more because they are afraid Fireice will attack their network. I think they've panicked and switched back to CN to archive bigger network hashrate to prevent 51% attack... Still worst decision ever. They are ruining their coin anyways due to huge drop in exchange rate & volatility.
As you noticed... the coin was under attack. I assume it was a last call to save the project. And frankly... it worked. Of course a lot of people sold in panic. But as usual... panic and fear are bad advisors. The future will tell if the coin manages to recover.... _Was_ under attack or your were suspecting attack based on rumors? Your claim that ASICs provide "protection" and "decentralization" are incorrect. You don't know who stands behind that hashpower. It could be same group who could easily attack the network and fake transactions. The only reason not to withdraw for them now it to wait when exchanges will unfreeze trades and then it ruined. Surely this is only one of the possible worst case scenarios. But still old-CN coins have no future now. It's only a milch cow for ASIC owners while it lasts. No sane person would invest in such coin now. I (!!!) don't claim anything. And yes, the coin _was_under_attack... @passnet: Don't bother with GERMINING... he was part of the machinery that made people lose money. He can make up stories for small children. Or maybe he should get a real job. His rep is gone...nobody will believe anything he says. @Germining: Best you get a new handle if you wanna bullshit people. You told so many lies about the coin and the so-called team (1 person). LOL @ALL: Ask in the RYO forum...the will tell a different story from the lame story GERMINING keeps telling. |
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RIP Sumo. Dumbest decision ever and ever... Greedy bastards. Bitmain involved 100%. Gave some cash and devs fucked the loyalty.
From the last 2 posts on their blog I suspect this is more because they are afraid Fireice will attack their network. I think they've panicked and switched back to CN to archive bigger network hashrate to prevent 51% attack... Still worst decision ever. They are ruining their coin anyways due to huge drop in exchange rate & volatility. As you noticed... the coin was under attack. I assume it was a last call to save the project. And frankly... it worked. Of course a lot of people sold in panic. But as usual... panic and fear are bad advisors. The future will tell if the coin manages to recover.... @Germining: You sound totally different now. According to you (2 months ago), this was the best coin in the world with the most competent team of developers. Anybody asking about the premine or the team was labeled an "idiot" and banned from telegram, etc. Just so that you forgot to mention that the "most competent project team in the world hired" a developer who seems to have been in trouble with the law because they were desperate and incompetent. That said developer - also according to your developer in Vietnam - tried to take over Sumokoin. Bla Bla Bla https://medium.com/sumokoin/all-truth-and-fud-on-sumokoin-project-7af6d1a03eb0Well...here is the news. Check out the RYOCurrency forum. Their side of the story is quite different. You told people to "invest" (mine or buy) in this great coin. Cryptopia suspended trading and you continue with your bullshit. You wanna-be smart alecs shouldn't have given away the keys to the castle even if it was only a poor copy of Monero and your so-called team was incapable of developing something like cn_heavy. Read my posts months ago and you will see that these were the things I was asking about. You and your pal Sumogr said that there were no GITHUB commits because the developers develop everything offsite. Feature sets were mostly copied from Monero and not even that was handled properly by your so-called team. Few commits and a few changes to Monero...that's Sumokoin...although the idea wasn't bad at all. But now...it's somebody else' fault. That's is what I meant when I repeatedly asked for transparency. You kindergarten kids don't get anything sorted and prey on the little folks. Now, you assume...bla bla bla... well... stop bullshitting people here. You were proven wrong and so was your pal Sumogr. Maybe, you shouldn't post here anymore because you totally lost your credibility. Good for you that crypto is not regulated. Otherwise folks would sue your asses. SumoGR probably cashed out and I assume the few coins they gave you aren't worth anything anymore. Almost makes me feel sorry for you. I guess they bs'ed you as well? Or what's your excuse? Don't bother answering that. It was a rhetorical question. Sumokoin...to the moon and never back! RIP |
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No comments from GerMining and SumoGR for a few days now? Did they cash out and disappear into oblivion? I am amazed how (excuse me) dumb some people are believing each and every word uttered by SumoGR. At the same time, I feel sorry for the people investing their money (in terms of electricity or buying the coin) trying to support Sumokoin. Cryptopia paused the market with the following comment: 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. https://www.cryptopia.co.nz/Exchange/?market=SUMO_BTC@SUMOGR: A smart alec like you should have informed Cryptopia about what's going on in advance Your incompetence (and the incompetence of the project members - maybe member) is proven fact. But then you probably won't ever read the comments on this forum as you bugged out. Nothing but lies... Does not look good at all. This will put a dent in Sumo for a long time forward. Imagewise there is a massive problem for the coin. SUMOGR Last online May 18th... GERMINING Last online this morning 7ish... Scam artists always seem to get away with it in the crypto-space... |
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I guess you folks should consider "responding" to the allegations in the post if you want RYO to succeed.
Thx for the info anyway.
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No comments from GerMining and SumoGR for a few days now? Did they cash out and disappear into oblivion? I am amazed how (excuse me) dumb some people are believing each and every word uttered by SumoGR. At the same time, I feel sorry for the people investing their money (in terms of electricity or buying the coin) trying to support Sumokoin. Cryptopia paused the market with the following comment: 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. https://www.cryptopia.co.nz/Exchange/?market=SUMO_BTC@SUMOGR: A smart alec like you should have informed Cryptopia about what's going on in advance Your incompetence (and the incompetence of the project members - maybe member) is proven fact. But then you probably won't ever read the comments on this forum as you bugged out. Nothing but lies... |
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So funny what's happening lately. I hate to say it but I was right with my earlier posts. Just so that now some dev guy behind SUMOKOIN actually admits it Folks...don't believe everything people post on these forums. It's your money they are having a ball with! And SUMOKOIN is a lot of talk and nothing more. You just can't take a coin like that seriously anymore. 1. Most of the code copied (Monero, baby), 2. Desperate SUMOKOIN guy who according to the post below hires someone without checking him out, 3. Developers in Vietnam, huh? Probably just one anyway. (SUMOGR always insisted that there more than a few developers and they are "more" than qualified to do anything...) 4. Even copying a feature (Multisig) takes them forever to implement. 5. No progress in terms of technology since (12-2018?). (Gotcha!) 6. Really questionable actions (SUMOKOIN guy/team)... 7. The ECC library wasn't necessary at that point. (See first quote below!) 8. It seems like SUMOKOIN was incapable of implementing cn_heavy so they were desperate to hire fireice?! (See first quote below!) Quotes:- We hired fireice to create an ASIC resistant algo and to “buy” his ECC library code.
- "Fireice found out that Sumoshi, Haruto and Bill were actually me in most of cases."
- "Then, upon admitting that he had trouble with the law and could be “lifted” some day (we are not in position to judge his innocence) we decided to reconsider our stance towards him, offering him 30% of the premine and asking him to develop any feature he had in mind on his own."
- "asked us for the key images of the premined wallets (which we happily offered, we wouldn’t do it if we had something to hide) and asked us for the GitHub password as insurance that he will get all the money he was asking for. We still had no doubt on his true motivation and gave him all." Comments:- At that point, the ECC library wasn't necessary, - So only one guy in most cases, - "He" is actually the developer SUMOKOIN supposedly hired. How desperate do you have to be to offer someone who is possibly in trouble with the law 30% of the premine? - If the guy needs access to GitHub anybody in his/her right mind would become suspicious. How stupid does anyone have to be to give out her/his github password? Seriously?! Use ssh keys and an escrow service! And you guys consider yourselves the experts of anonymity and digital currency? Here is the link to the post: https://medium.com/sumokoin/all-truth-and-fud-on-sumokoin-project-7af6d1a03eb0The guys who called people asking about the premine, the development efforts, and the team "full of sh*t" should wonder who really is the lame loser (full of sh*t) here!?  Anyway...the above post might just be a lame excuse for what's been going on the last few weeks... Smells fishy like a rip-off... I just feel sorry for the folks who lost a lot of money because of this coin... Happy crashing with the coin... rebranding certainly won't save it. PS: At the time of writing, WalletInvestor lists SUMOKOIN with rating E (possible values: A+, A, B+, B, C, D, D-, E, E-). Strange we haven't heard much from wisenheimer "sumogr" lately. |
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I already had the exact same settings for the payments section but payments don't go thru: "payments": { "enabled": true, "interval": 600, "maxAddresses": 50, "mixin": 12, "transferFee": 50000000000, "minPayment": 10000000000000, "denomination": 1000000000000 }, Log simply says failed payment. Any ideas? Thanks! I would get on Masari'sReddit page and ask the guy who made the pool video. I see him on their quite a bit. Goodluck Thanks...will try that... |
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Simply saying, "we are not much different from Monero but we have plans and features in the pipeline that will definitely make a difference", would probably have helped eliminate the very FUD, folks
are so worried about. And there is ample evidence that many people are worried about the 10% premine.
Transparency helps to convince people. But again... just my 50 cents on the topic.
"we are not much different from Monero but we have" this has been done in this very ANN lots of times. Anyway, at least a few xmr fans try to twist facts and spread fud. Especially visdude has his issues, if you read all his replies in this ann you will see I don't get why people are upset about the premine. Devs handeled it very transparently. The premine is mentioned on the first page and Sumoshi made a blog post about it on our medium blog. If one does not agree with the premine there is a simple solution: to move on. I don't get why this is made an issue again and again. @GerMining First of all, you are one of the more helpful community members. If I remember correctly you asked me to address my questions in the telegram group. Except for insults from a certain member of Sumokoin, I didn't get any answers. However, I guess many folks are worried that they mine/buy Sumokoin and devs will dump loads of coins when the time comes or when the price is reasonably high. A simple reassurance that no mass dumping on part of the dev team will occur could help. Information on how and when the premine will be spent will at least be seen as an attempt to reassure people that this crypto currency is founded on solid principles. Almost anybody making money trading crypto will advise you to look at factors like, 1. Who is the team? 2. Does the dev team have any development background (in other words: are they qualified to implement a given roadmap)? 3. What makes this coin so different from others? As I mentioned in an earlier post, some in-depth information answering these questions will generally be useful for potential investors (and/or miners). Anonymity and showing potential yet inquisitive people the finger certainly won't help. Even currencies like GRAFT or ETN handle this aspect of PR much better. I am the one who "insulted" you and unfortunately I am going to say the same things that you find "insulting" again. 1. The team prefers to stay anonymous (besides two of them that do not hide their real names). The team has grown in numbers (they are more than 4 atm and i dont know if the new members will decide to disclose their real names as well in the future) 2. If they are qualified to implement a given roadmap can be easily checked by the current roadmap and if all milestones were delivered on time. Also if you check the two members, that do not hide their name,s you ll see that their background is quite overqualifying to implement any roadmap, compared to the "developers" of ICO's like ETN that you seem to prefer. 3. Sumokoin strives to be among the top anoncoins around and is on its way into accomplishing that, i am sorry if you cannot discern that from its roadmap or its development so far. Now for the most insulting part, whether you like it or not we dont look for "investors" so you'd better stick with the mentioned ICOs which, like you said, have better PR and tv evangelists (although I ve been accused as being a cheerleader many times, I dont blame the people who accuse me as such cause I indeed sometimes overreact due to my strong belief in the coin). Thank you investor, go trade an ICO with large github commit frequency Lol  Now you are getting into kindergarten talk. Not sure why all of that offends you so much. Maybe, there is some truth to it? Keep in mind that big players in crypto also have folks with a Ph.D. in maths and hardcore developers. And although a Ph.D. is certainly not required to deliver a project, I question the thoroughness of developers who don't even manage to adjust the copyright headers and - as a result - have their project taken down (github - very professional!). I have yet to see any feature of sumokoin that is truly unique and impressive. It's all just monero. Maybe, a "real" answer would be better than - and yes, you are doing it again - showing the finger. Btw... Sumogr... You are the one to insult folks for simply asking a few questions about the premine. Very well done... A few facts about SUMOKOIN and the roadmap: * Initial Version of Sumokoin based on Monero, * 10% pre-mine (8.888.888 SUMOs worth a total of 17.824.443 USD - at the time of writing) The community is what drives SUMO and the miners support it with their hashing power. So yes, we DO HAVE A RIGHT TO KNOW. Let's look at your "really impressive" roadmap... Roadmap itemsSo as anybody can see...lots of words and not a lot of substance. Not a single feature that wouldn't be available in Monero?! And please spare me with statements like, "It was so hard to adjust the coin name in cryptonote_config.h" or similar. Maybe, you do have python scripting/development skills but you do seem to forget that monero - sorry - sumokoin is written in C++. What is it you have done? Sponsor the infrastructure? Reply to folks on github?? Create the easy miner? Considering all these achievements, you really should treat potential investors and miners a bit better. You should also not talk trash about ETN because if I look at their network and yours, they are ten times bigger (SUMO: 34.32 MHs vs. ETN: 348.45 MHs) and in comparison to you a lot "younger" and a lot more transparent. Actions do speak louder than words.I better go and play with real cryptocurrencies with a solid background (e.g. Monero) now Cheers, Tom PS: If you don't look for investors, maybe you should have your coin delisted on cryptopia, etc. Investors, per definition, are also people buying the coin. Just repeating your words... LOL You have no idea what you are talking about. I read up to the GUI wallet part where you say its a knock off from Monero's GUI while even the language they are coded with is different (Python vs C++). Yeah go to a real cryptocurreny like Monero you have a history of calling everything a scam there. I guess you look yourself in the mirror each morning and shout scam to yourself. Bye investor You just can't stop showing the finger Good luck and please don't scam people... most of them do work hard for their money...unlike some people doing a bit of cut and paste and calling it an anonymous coin. You don't even know what the core of sumokoin is...it's certainly not your hastily put together wallet... That only talks to a monero/sumokoin core component (i.e. wallet rpc, does that ring a bell?). Do I really have to explain "your code" to you? Sumogr... You should really not be in this business... seriously not... You are hurting the coin more than helping it... On your first sentence you are calling the coin a scam and at your last you wish that i wasnt into this business cause i am hurting the coin.... Well enough with this nonsense say what you will LOL...you don't seize to amaze me. I have had more than enough "entertainment" for today. You beat watching "John Oliver". So much talk so little substance. I asked you to not scam people and that was not in my first sentence. I didn't say the coin is a scam... Maybe, try some different glasses. Don't twist facts... Fact is, you had nothing to add...There is no real added value and - yes - it's a bad copy of monero as it's missing the newest features and fixes. See? That's all I wanted to know and you finally managed to satisfy my curiosity. Thanks... @GerMining: Thanks for trying to help initially anyway. It's people like you who can make this coin succeed. How do I scam people? So the coin is not a scam? I was the one who told you that you should NOT invest in it, wasnt i? Make up you mind LOL I haven't laughed so hard in a long time. LOL... we will see what happens after block 140000. @GerMining... just facts dude... Conclusion: * In essence, sumokoin is a copy of monero, missing some of the newest features and hopefully on a good way to implement new ones. * SumoGR assures folks that the premine will be spent for new development efforts and infrastructure. * Monero's Bugfixes and new features are to be integrated into sumokoin. * Sounds like a much better answer I am getting now then before. As I already stated, thanks for finally satisfying my curiosity. |
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I already had the exact same settings for the payments section but payments don't go thru: "payments": { "enabled": true, "interval": 600, "maxAddresses": 50, "mixin": 12, "transferFee": 50000000000, "minPayment": 10000000000000, "denomination": 1000000000000 }, Log simply says failed payment. Any ideas? Thanks! |
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Could anyone please let me know what settings we need for the payment section of the node-cryptonode-pool (for Masari)?
I am not clear what value to use for transferFee?!
Cheers!
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Simply saying, "we are not much different from Monero but we have plans and features in the pipeline that will definitely make a difference", would probably have helped eliminate the very FUD, folks
are so worried about. And there is ample evidence that many people are worried about the 10% premine.
Transparency helps to convince people. But again... just my 50 cents on the topic.
"we are not much different from Monero but we have" this has been done in this very ANN lots of times. Anyway, at least a few xmr fans try to twist facts and spread fud. Especially visdude has his issues, if you read all his replies in this ann you will see I don't get why people are upset about the premine. Devs handeled it very transparently. The premine is mentioned on the first page and Sumoshi made a blog post about it on our medium blog. If one does not agree with the premine there is a simple solution: to move on. I don't get why this is made an issue again and again. @GerMining First of all, you are one of the more helpful community members. If I remember correctly you asked me to address my questions in the telegram group. Except for insults from a certain member of Sumokoin, I didn't get any answers. However, I guess many folks are worried that they mine/buy Sumokoin and devs will dump loads of coins when the time comes or when the price is reasonably high. A simple reassurance that no mass dumping on part of the dev team will occur could help. Information on how and when the premine will be spent will at least be seen as an attempt to reassure people that this crypto currency is founded on solid principles. Almost anybody making money trading crypto will advise you to look at factors like, 1. Who is the team? 2. Does the dev team have any development background (in other words: are they qualified to implement a given roadmap)? 3. What makes this coin so different from others? As I mentioned in an earlier post, some in-depth information answering these questions will generally be useful for potential investors (and/or miners). Anonymity and showing potential yet inquisitive people the finger certainly won't help. Even currencies like GRAFT or ETN handle this aspect of PR much better. I am the one who "insulted" you and unfortunately I am going to say the same things that you find "insulting" again. 1. The team prefers to stay anonymous (besides two of them that do not hide their real names). The team has grown in numbers (they are more than 4 atm and i dont know if the new members will decide to disclose their real names as well in the future) 2. If they are qualified to implement a given roadmap can be easily checked by the current roadmap and if all milestones were delivered on time. Also if you check the two members, that do not hide their name,s you ll see that their background is quite overqualifying to implement any roadmap, compared to the "developers" of ICO's like ETN that you seem to prefer. 3. Sumokoin strives to be among the top anoncoins around and is on its way into accomplishing that, i am sorry if you cannot discern that from its roadmap or its development so far. Now for the most insulting part, whether you like it or not we dont look for "investors" so you'd better stick with the mentioned ICOs which, like you said, have better PR and tv evangelists (although I ve been accused as being a cheerleader many times, I dont blame the people who accuse me as such cause I indeed sometimes overreact due to my strong belief in the coin). Thank you investor, go trade an ICO with large github commit frequency Lol Now you are getting into kindergarten talk. Not sure why all of that offends you so much. Maybe, there is some truth to it? Keep in mind that big players in crypto also have folks with a Ph.D. in maths and hardcore developers. And although a Ph.D. is certainly not required to deliver a project, I question the thoroughness of developers who don't even manage to adjust the copyright headers and - as a result - have their project taken down (github - very professional!). I have yet to see any feature of sumokoin that is truly unique and impressive. It's all just monero. Maybe, a "real" answer would be better than - and yes, you are doing it again - showing the finger. Btw... Sumogr... You are the one to insult folks for simply asking a few questions about the premine. Very well done... A few facts about SUMOKOIN and the roadmap: * Initial Version of Sumokoin based on Monero, * 10% pre-mine (8.888.888 SUMOs worth a total of 17.824.443 USD - at the time of writing) The community is what drives SUMO and the miners support it with their hashing power. So yes, we DO HAVE A RIGHT TO KNOW. Let's look at your "really impressive" roadmap... Roadmap itemsSo as anybody can see...lots of words and not a lot of substance. Not a single feature that wouldn't be available in Monero?! And please spare me with statements like, "It was so hard to adjust the coin name in cryptonote_config.h" or similar. Maybe, you do have python scripting/development skills but you do seem to forget that monero - sorry - sumokoin is written in C++. What is it you have done? Sponsor the infrastructure? Reply to folks on github?? Create the easy miner? Considering all these achievements, you really should treat potential investors and miners a bit better. You should also not talk trash about ETN because if I look at their network and yours, they are ten times bigger (SUMO: 34.32 MHs vs. ETN: 348.45 MHs) and in comparison to you a lot "younger" and a lot more transparent. Actions do speak louder than words.I better go and play with real cryptocurrencies with a solid background (e.g. Monero) now Cheers, Tom PS: If you don't look for investors, maybe you should have your coin delisted on cryptopia, etc. Investors, per definition, are also people buying the coin. Just repeating your words... LOL You have no idea what you are talking about. I read up to the GUI wallet part where you say its a knock off from Monero's GUI while even the language they are coded with is different (Python vs C++). Yeah go to a real cryptocurreny like Monero you have a history of calling everything a scam there. I guess you look yourself in the mirror each morning and shout scam to yourself. Bye investor You just can't stop showing the finger Good luck and please don't scam people... most of them do work hard for their money...unlike some people doing a bit of cut and paste and calling it an anonymous coin. You don't even know what the core of sumokoin is...it's certainly not your hastily put together wallet... That only talks to a monero/sumokoin core component (i.e. wallet rpc, does that ring a bell?). Do I really have to explain "your code" to you? Sumogr... You should really not be in this business... seriously not... You are hurting the coin more than helping it... On your first sentence you are calling the coin a scam and at your last you wish that i wasnt into this business cause i am hurting the coin.... Well enough with this nonsense say what you will LOL...you don't seize to amaze me. I have had more than enough "entertainment" for today. You beat watching "John Oliver". So much talk so little substance. I asked you to not scam people and that was not in my first sentence. I didn't say the coin is a scam... Maybe, try some different glasses. Don't twist facts... Fact is, you had nothing to add...There is no real added value and - yes - it's a bad copy of monero as it's missing the newest features and fixes. See? That's all I wanted to know and you finally managed to satisfy my curiosity. Thanks... @GerMining: Thanks for trying to help initially anyway. It's people like you who can make this coin succeed. |
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Simply saying, "we are not much different from Monero but we have plans and features in the pipeline that will definitely make a difference", would probably have helped eliminate the very FUD, folks
are so worried about. And there is ample evidence that many people are worried about the 10% premine.
Transparency helps to convince people. But again... just my 50 cents on the topic.
"we are not much different from Monero but we have" this has been done in this very ANN lots of times. Anyway, at least a few xmr fans try to twist facts and spread fud. Especially visdude has his issues, if you read all his replies in this ann you will see I don't get why people are upset about the premine. Devs handeled it very transparently. The premine is mentioned on the first page and Sumoshi made a blog post about it on our medium blog. If one does not agree with the premine there is a simple solution: to move on. I don't get why this is made an issue again and again. @GerMining First of all, you are one of the more helpful community members. If I remember correctly you asked me to address my questions in the telegram group. Except for insults from a certain member of Sumokoin, I didn't get any answers. However, I guess many folks are worried that they mine/buy Sumokoin and devs will dump loads of coins when the time comes or when the price is reasonably high. A simple reassurance that no mass dumping on part of the dev team will occur could help. Information on how and when the premine will be spent will at least be seen as an attempt to reassure people that this crypto currency is founded on solid principles. Almost anybody making money trading crypto will advise you to look at factors like, 1. Who is the team? 2. Does the dev team have any development background (in other words: are they qualified to implement a given roadmap)? 3. What makes this coin so different from others? As I mentioned in an earlier post, some in-depth information answering these questions will generally be useful for potential investors (and/or miners). Anonymity and showing potential yet inquisitive people the finger certainly won't help. Even currencies like GRAFT or ETN handle this aspect of PR much better. I am the one who "insulted" you and unfortunately I am going to say the same things that you find "insulting" again. 1. The team prefers to stay anonymous (besides two of them that do not hide their real names). The team has grown in numbers (they are more than 4 atm and i dont know if the new members will decide to disclose their real names as well in the future) 2. If they are qualified to implement a given roadmap can be easily checked by the current roadmap and if all milestones were delivered on time. Also if you check the two members, that do not hide their name,s you ll see that their background is quite overqualifying to implement any roadmap, compared to the "developers" of ICO's like ETN that you seem to prefer. 3. Sumokoin strives to be among the top anoncoins around and is on its way into accomplishing that, i am sorry if you cannot discern that from its roadmap or its development so far. Now for the most insulting part, whether you like it or not we dont look for "investors" so you'd better stick with the mentioned ICOs which, like you said, have better PR and tv evangelists (although I ve been accused as being a cheerleader many times, I dont blame the people who accuse me as such cause I indeed sometimes overreact due to my strong belief in the coin). Thank you investor, go trade an ICO with large github commit frequency Lol Now you are getting into kindergarten talk. Not sure why all of that offends you so much. Maybe, there is some truth to it? Keep in mind that big players in crypto also have folks with a Ph.D. in maths and hardcore developers. And although a Ph.D. is certainly not required to deliver a project, I question the thoroughness of developers who don't even manage to adjust the copyright headers and - as a result - have their project taken down (github - very professional!). I have yet to see any feature of sumokoin that is truly unique and impressive. It's all just monero. Maybe, a "real" answer would be better than - and yes, you are doing it again - showing the finger. Btw... Sumogr... You are the one to insult folks for simply asking a few questions about the premine. Very well done... A few facts about SUMOKOIN and the roadmap: * Initial Version of Sumokoin based on Monero, * 10% pre-mine (8.888.888 SUMOs worth a total of 17.824.443 USD - at the time of writing) The community is what drives SUMO and the miners support it with their hashing power. So yes, we DO HAVE A RIGHT TO KNOW. Let's look at your "really impressive" roadmap... Roadmap itemsSo as anybody can see...lots of words and not a lot of substance. Not a single feature that wouldn't be available in Monero?! And please spare me with statements like, "It was so hard to adjust the coin name in cryptonote_config.h" or similar. Maybe, you do have python scripting/development skills but you do seem to forget that monero - sorry - sumokoin is written in C++. What is it you have done? Sponsor the infrastructure? Reply to folks on github?? Create the easy miner? Considering all these achievements, you really should treat potential investors and miners a bit better. You should also not talk trash about ETN because if I look at their network and yours, they are ten times bigger (SUMO: 34.32 MHs vs. ETN: 348.45 MHs) and in comparison to you a lot "younger" and a lot more transparent. Actions do speak louder than words.I better go and play with real cryptocurrencies with a solid background (e.g. Monero) now Cheers, Tom PS: If you don't look for investors, maybe you should have your coin delisted on cryptopia, etc. Investors, per definition, are also people buying the coin. Just repeating your words... LOL You have no idea what you are talking about. I read up to the GUI wallet part where you say its a knock off from Monero's GUI while even the language they are coded with is different (Python vs C++). Yeah go to a real cryptocurreny like Monero you have a history of calling everything a scam there. I guess you look yourself in the mirror each morning and shout scam to yourself. Bye investor You just can't stop showing the finger Good luck and please don't scam people... most of them do work hard for their money...unlike some people doing a bit of cut and paste and calling it an anonymous coin. You don't even know what the core of sumokoin is...it's certainly not your hastily put together wallet... That only talks to a monero/sumokoin core component (i.e. wallet rpc, does that ring a bell?). Do I really have to explain "your code" to you? You are a little Trump fake news... I didn't say you copied the Monero GUI Wallet. But how hard is it to create a GUI that talks to the wallet-rpc daemon? Twisting facts... Sumogr... You should really not be in this business... seriously not... You are hurting the coin more than helping it... |
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Simply saying, "we are not much different from Monero but we have plans and features in the pipeline that will definitely make a difference", would probably have helped eliminate the very FUD, folks
are so worried about. And there is ample evidence that many people are worried about the 10% premine.
Transparency helps to convince people. But again... just my 50 cents on the topic.
"we are not much different from Monero but we have" this has been done in this very ANN lots of times. Anyway, at least a few xmr fans try to twist facts and spread fud. Especially visdude has his issues, if you read all his replies in this ann you will see I don't get why people are upset about the premine. Devs handeled it very transparently. The premine is mentioned on the first page and Sumoshi made a blog post about it on our medium blog. If one does not agree with the premine there is a simple solution: to move on. I don't get why this is made an issue again and again. @GerMining First of all, you are one of the more helpful community members. If I remember correctly you asked me to address my questions in the telegram group. Except for insults from a certain member of Sumokoin, I didn't get any answers. However, I guess many folks are worried that they mine/buy Sumokoin and devs will dump loads of coins when the time comes or when the price is reasonably high. A simple reassurance that no mass dumping on part of the dev team will occur could help. Information on how and when the premine will be spent will at least be seen as an attempt to reassure people that this crypto currency is founded on solid principles. Almost anybody making money trading crypto will advise you to look at factors like, 1. Who is the team? 2. Does the dev team have any development background (in other words: are they qualified to implement a given roadmap)? 3. What makes this coin so different from others? As I mentioned in an earlier post, some in-depth information answering these questions will generally be useful for potential investors (and/or miners). Anonymity and showing potential yet inquisitive people the finger certainly won't help. Even currencies like GRAFT or ETN handle this aspect of PR much better. I am the one who "insulted" you and unfortunately I am going to say the same things that you find "insulting" again. 1. The team prefers to stay anonymous (besides two of them that do not hide their real names). The team has grown in numbers (they are more than 4 atm and i dont know if the new members will decide to disclose their real names as well in the future) 2. If they are qualified to implement a given roadmap can be easily checked by the current roadmap and if all milestones were delivered on time. Also if you check the two members, that do not hide their name,s you ll see that their background is quite overqualifying to implement any roadmap, compared to the "developers" of ICO's like ETN that you seem to prefer. 3. Sumokoin strives to be among the top anoncoins around and is on its way into accomplishing that, i am sorry if you cannot discern that from its roadmap or its development so far. Now for the most insulting part, whether you like it or not we dont look for "investors" so you'd better stick with the mentioned ICOs which, like you said, have better PR and tv evangelists (although I ve been accused as being a cheerleader many times, I dont blame the people who accuse me as such cause I indeed sometimes overreact due to my strong belief in the coin). Thank you investor, go trade an ICO with large github commit frequency Lol Now you are getting into kindergarten talk. Not sure why all of that offends you so much. Maybe, there is some truth to it? Keep in mind that big players in crypto also have folks with a Ph.D. in maths and hardcore developers. And although a Ph.D. is certainly not required to deliver a project, I question the thoroughness of developers who don't even manage to adjust the copyright headers and - as a result - have their project taken down (github - very professional!). I have yet to see any feature of sumokoin that is truly unique and impressive. It's all just monero. Maybe, a "real" answer would be better than - and yes, you are doing it again - showing the finger. Btw... Sumogr... You are the one to insult folks for simply asking a few questions about the premine. Very well done... A few facts about SUMOKOIN and the roadmap: * Initial Version of Sumokoin based on Monero, * 10% pre-mine (8.888.888 SUMOs worth a total of 17.824.443 USD - at the time of writing) The community is what drives SUMO and the miners support it with their hashing power. So yes, we DO HAVE A RIGHT TO KNOW. Let's look at your "really impressive" roadmap... Roadmap itemsSo as anybody can see...lots of words and not a lot of substance. Not a single feature that wouldn't be available in Monero?! And please spare me with statements like, "It was so hard to adjust the coin name in cryptonote_config.h" or similar. Maybe, you do have python scripting/development skills but you do seem to forget that monero - sorry - sumokoin is written in C++. What is it you have done? Sponsor the infrastructure? Reply to folks on github?? Create the easy miner? Considering all these achievements, you really should treat potential investors and miners a bit better. You should also not talk trash about ETN because if I look at their network and yours, they are ten times bigger (SUMO: 34.32 MHs vs. ETN: 348.45 MHs) and in comparison to you a lot "younger" and a lot more transparent. Actions do speak louder than words.I better go and play with real cryptocurrencies with a solid background (e.g. Monero) now Cheers, Tom PS: If you don't look for investors, maybe you should have your coin delisted on cryptopia, etc. Investors, per definition, are also people buying the coin. Just repeating your words... LOL |
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