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Author Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏  (Read 202415 times)
JC1DA
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June 11, 2017, 09:19:33 AM
 #601


How on earth my deamon shows a global hashrate 483KH/sec at this moment and the official pool is running at 1.02 MH/s at the same time... Come on....

current Hash rate and difficulty always has to respond to an amount of blocks and a time period.
So possible the 720 blocks mentioned which are likely as we only have ~530 blocks since people droped new hashrate above the average ~100KHs
In this case the math can't compete with the fluctuation and you have the coin hopper and hashrate punsher problem.
So this time we will be stuck a longer period if we behave like last time, something I already mentioned some time ago.

Block
19565 net hash 1.25 MH/s,
19578 net hash 799.29 kH/s
20007 net hash 501.01 kH/s,
20158 net hash 468.59 kH/s -> 520 blocks most of them mined with 2MHs and above and still dropping^^

Just an update, it looks like we are already on the way.
20179 net hash 654.93 kH/s
Actually it's interesting. Could recommend it for a student like "Human behavior with new technologies and profit within the  crypto-currency miner scene."  Cheesy


Devs are considering some algos for re-targeting diff that can response to flash-hashrate in just a few blocks and make attackers little profit (however, as far as we know, none of them are perfect). We'll have to do a lot of tests, pushing it to testnet first and hardfork will come in a week or so.

Great job devs. Hope it will be fixed soon. So atm, keep the price as low as possible forks.
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ritmix
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June 11, 2017, 10:01:54 AM
 #602

Where will be better to keep SUMO for hardfork time? On cryptopia or on local wallet? Amount will be dublicated?
DreamsAreLucid
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June 11, 2017, 02:15:41 PM
 #603

Where will be better to keep SUMO for hardfork time? On cryptopia or on local wallet? Amount will be dublicated?

would like to know too, I have done some big investments in this coin.
milonite
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June 11, 2017, 03:10:02 PM
 #604

there is an hard fork incoming?
billaue
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June 11, 2017, 03:17:23 PM
 #605

Where will be better to keep SUMO for hardfork time? On cryptopia or on local wallet? Amount will be dublicated?

We will inform exactly when hardfork happens. It will be at specific blockchain height. Fortunately, inheriting the mechanism for hardfork from Monero (that happened rather often there), it will be quite smooth. No duplicated coins unless someone want to create a "classic" version with this nasty bug (I doubt if anyone would value it).
syncmaster913n
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June 11, 2017, 04:15:47 PM
 #606

there is an hard fork incoming?

Yes; check the last 3 pages of posts to understand why.

Sumo is just warming up:


Sumokoin Telegram channel (over 1,900 members): https://t.me/joinchat/F8RH2kPmFCnA-igHBKSCAA
Brianc
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June 12, 2017, 04:32:23 AM
 #607

Devs are considering some algos for re-targeting diff that can response to flash-hashrate in just a few blocks and make attackers little profit (however, as far as we know, none of them are perfect). We'll have to do a lot of tests, pushing it to testnet first and hardfork will come in a week or so.

Nice to see active devs on this coin!
This means a good future. Keep it up! SUMO!!!

They are really active on here, and also, surprised to see a quality coin with three developers and no ICO those days! Keep up the work devs!
finnovatie.nl
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June 12, 2017, 07:41:57 PM
 #608

@dev, do you guys need a Dutch translation? I can provide this.

levyashin
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June 12, 2017, 08:43:14 PM
 #609

this coin is devoloping under the radar.

market cap is something like 150-200k usd. i can't think the value after wallet and some big exchange sites.


buy while it's still too cheap Smiley

Brianc
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June 13, 2017, 12:58:27 AM
 #610

this coin is devoloping under the radar.

market cap is something like 150-200k usd. i can't think the value after wallet and some big exchange sites.


buy while it's still too cheap Smiley

Definitely, it is going to be way bigger when it gets to new markets and with the new updates coming soon!
rmac
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June 13, 2017, 02:50:47 AM
 #611

I'm looking forward to getting these attacks under control. I've been trying to mine off and on for the past few days but its so hard.
Cyndonald
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June 13, 2017, 05:39:35 AM
 #612

this coin is devoloping under the radar.

market cap is something like 150-200k usd. i can't think the value after wallet and some big exchange sites.


buy while it's still too cheap Smiley

Yes,. You are right . it's quite cheap now and I hve just bought some coins on the cryptopia exchange.
I will hold it for 2 months and watch how high this coin is rising up. it's a good job, dev.
Brianc
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June 13, 2017, 05:56:08 AM
 #613

this coin is devoloping under the radar.

market cap is something like 150-200k usd. i can't think the value after wallet and some big exchange sites.


buy while it's still too cheap Smiley

Yes,. You are right . it's quite cheap now and I hve just bought some coins on the cryptopia exchange.
I will hold it for 2 months and watch how high this coin is rising up. it's a good job, dev.

Yeah... This coin is going to be big. I will hold it for a year or more, although I think that within a month or two this is going to rise up very quickly.
finnovatie.nl
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June 13, 2017, 12:27:08 PM
 #614

this coin is devoloping under the radar.

market cap is something like 150-200k usd. i can't think the value after wallet and some big exchange sites.


buy while it's still too cheap Smiley

Yes,. You are right . it's quite cheap now and I hve just bought some coins on the cryptopia exchange.
I will hold it for 2 months and watch how high this coin is rising up. it's a good job, dev.

Yeah... This coin is going to be big. I will hold it for a year or more, although I think that within a month or two this is going to rise up very quickly.

Hope the price won't drop further

kuky004
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June 13, 2017, 12:42:24 PM
 #615

I hope he will fall again, so that I can buy more Wink
kamikaza
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June 13, 2017, 02:55:43 PM
 #616

What is wrong with the pool, i am not receiving any sumo for my hash?
lshizzle
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June 13, 2017, 03:23:46 PM
 #617

How long should my wallet take to refresh. Im kinda new to all this but ive been catching on quick, pretty sure ive done everything right lol. My deamon synced fine and says 100%, but my wallet has been refreshing for a little over 12 hours. It sat at block height 10000 for awhile. i woke up to it at 20251/20252. I cant type anything in the wallet cmd window, i can type in the deamon cmd window and status still shows all is good. Id post a log but i dont want to close the cmd window while its still refreshing, unless thats fine to do?? Ive got high hopes for SUMO, currently have a few hundred and maybe grab some more while its low.
FIEX
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June 13, 2017, 03:26:41 PM
 #618

What is wrong with the pool, i am not receiving any sumo for my hash?

You have 0.5 SUMO mined?
Difficulty: 740824780 = very high!! Very difficult to mine now.

DEV is working on the problem.
kamikaza
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June 13, 2017, 03:32:54 PM
 #619

wel such a high diff will kill this coin, especially with such a supply
JC1DA
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June 13, 2017, 03:35:51 PM
 #620

wel such a high diff will kill this coin, especially with such a supply

Dev is working hard on hard-forking to solve the problem. Be patient  Grin
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