[ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏

[FIEX]

For those who still have questions but dont have the time to read everything in this thread.
I made a summary: 'What is Sumokoin?'

https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

[sumoshi]

For those who still have questions but dont have the time to read everything in this thread.
I made a summary: 'What is Sumokoin?'

https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

Thank you, @FIEX

[rowenta01]

I proposed "Sumokoin" for a post to be written on this site.

I think it helps to make other people aware of the quality of your work and sumokoin.

https://microcapcrypto.com/

[rowenta01]

For those who still have questions but dont have the time to read everything in this thread.
I made a summary: 'What is Sumokoin?'

https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

Thank you very much for this work.

Sumokoin deserves much more recognition!

[Madinvestor]

Very good work FIEX, this is crazy how this coin is underevalued at the moment, when price will rise people will realize the amazing potential it has

[alfunzen]

Hi,

I'm new in the cryptocurrencies world, and just started mining for a couple of days...I've read the whole thread and decided that SUMO it's a good choice to start from.

Thank you all for the valuable info I've found.

[john yuan]

Friends have been saying SUMO
But there is no spare equipment for mining
Would like to inquire about the place where the exchange is listed

[syncmaster913n]

Hi,

I'm new in the cryptocurrencies world, and just started mining for a couple of days...I've read the whole thread and decided that SUMO it's a good choice to start from.

Thank you all for the valuable info I've found.

Welcome! Come join us on Telegram if you haven't already

[bitcoingue]

At the moment, SUMO is only listed at cryptopia.

Next month, the "Sumokoin Easy Miner" should be available (to make mining more user-friendly).

[jwinterm]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

[FIEX]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

You can read the Development path here:
https://medium.com/sumokoin/sumokoin-development-path-2c5e0fd1b0fa

Or my summary here:
https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

Hope you can find your answers here.

[jwinterm]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

You can read the Development path here:
https://medium.com/sumokoin/sumokoin-development-path-2c5e0fd1b0fa

Or my summary here:
https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

Hope you can find your answers here.

The only two real features I see there - subaddresses and multisig - are fairly long in development and close to use in Monero, so it seems like the answer is just merge stuff that Monero develops?

[bitcoingue]

[Madinvestor]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

You can read the Development path here:
https://medium.com/sumokoin/sumokoin-development-path-2c5e0fd1b0fa

Or my summary here:
https://steemit.com/bitcoin/@fiex/sumokoin-one-to-watch

Hope you can find your answers here.

The only two real features I see there - subaddresses and multisig - are fairly long in development and close to use in Monero, so it seems like the answer is just merge stuff that Monero develops?

Both will be here by next month. Then you will have an easy-mining tech by Billue. And when both sub-adresses and multsig will be working, devs will add new innovations I guess. But still those ideas are different of the XMR's ones. Join our telegram if you have any questions I guess devs would enjoy explaining to you !

[gginn]

best of luck i love the idea

[sumoshi]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

We'll work in both ways. Important innovations from upstream must be merged to Sumokoin for the best features. Ofc, we have our own vision for the coin, at least, it would be better privacy, easier to start atm. On the other hand, we'll focus more on ecosystem like wallets, mobile, merchant APIs etc.

It'll take time for the coin to gain more traction from community and for devs to implement better wallets, tools etc but we'll do that with high responsibility and long-term commitment.

[Kanati]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

We'll work in both ways. Important innovations from upstream must be merged to Sumokoin for the best features. Ofc, we have our own vision for the coin, at least, it would be better privacy, easier to start atm. On the other hand, we'll focus more on ecosystem like wallets, mobile, merchant APIs etc.

It'll take time for the coin to gain more traction from community and for devs to implement better wallets, tools etc but we'll do that with high responsibility and long-term commitment.

I have been watching the Sumokoin and Monero threads for a couple of months now as part of my due diligence research,  and I think you have correctly identified "ecosystem" as Monero's main weakness in relation to Bitcoin.

I seem to keep coming back to this part of the Sumokoin mission statement though -

• Do you have any relationship with The Monero Project?
  
  - No. While we have full respect for all core developers of The Monero Project who are competent, open and smart, however, we've never had opportunity to contribute anything to Monero yet (we hope we will).
  

Why have Sumokoin developers been unable to work with the Monero team on improving the ecosystem?

[sumoshi]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

We'll work in both ways. Important innovations from upstream must be merged to Sumokoin for the best features. Ofc, we have our own vision for the coin, at least, it would be better privacy, easier to start atm. On the other hand, we'll focus more on ecosystem like wallets, mobile, merchant APIs etc.

It'll take time for the coin to gain more traction from community and for devs to implement better wallets, tools etc but we'll do that with high responsibility and long-term commitment.

I have been watching the Sumokoin and Monero threads for a couple of months now as part of my due diligence research,  and I think you have correctly identified "ecosystem" as Monero's main weakness in relation to Bitcoin.

I seem to keep coming back to this part of the Sumokoin mission statement though -

• Do you have any relationship with The Monero Project?
  
  - No. While we have full respect for all core developers of The Monero Project who are competent, open and smart, however, we've never had opportunity to contribute anything to Monero yet (we hope we will).
  

Why have Sumokoin developers been unable to work with the Monero team on improving the ecosystem?

Excellent question. We always want to contribute back to Monero projects. Atm, we can only contribute patches to Monero core when possible. When we have more matured tools/ideas, we surely work with Monero if they are ready to cooperate but I think it may only happen in the next 6 months or so.

[Kanati]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

We'll work in both ways. Important innovations from upstream must be merged to Sumokoin for the best features. Ofc, we have our own vision for the coin, at least, it would be better privacy, easier to start atm. On the other hand, we'll focus more on ecosystem like wallets, mobile, merchant APIs etc.

It'll take time for the coin to gain more traction from community and for devs to implement better wallets, tools etc but we'll do that with high responsibility and long-term commitment.

I have been watching the Sumokoin and Monero threads for a couple of months now as part of my due diligence research,  and I think you have correctly identified "ecosystem" as Monero's main weakness in relation to Bitcoin.

I seem to keep coming back to this part of the Sumokoin mission statement though -

• Do you have any relationship with The Monero Project?
  
  - No. While we have full respect for all core developers of The Monero Project who are competent, open and smart, however, we've never had opportunity to contribute anything to Monero yet (we hope we will).
  

Why have Sumokoin developers been unable to work with the Monero team on improving the ecosystem?

Excellent question. We always want to contribute back to Monero projects. Atm, we can only contribute patches to Monero core when possible. When we have more matured tools/ideas, we surely work with Monero if they are ready to cooperate but I think it may only happen in the next 6 months or so.

Have you ever contacted the Monero team?

Something as basic as the Multibit Classic Bitcoin Wallet, which is safe, has existed for years, and does not require maintaining a local copy of the blockchain, would be a BIG improvement over the current wallet offerings for Monero and could help spread the coin by making it more usable for average people.

[billaue]

Just to be clear, the only differences between monero and this coin are:

1 - 10% premine
2 - minimum mixin of 12 enforced from start of network
3 - emission curve
4 - ?

Are there plans to diverge further, or just continue merging changes from monero?

We'll work in both ways. Important innovations from upstream must be merged to Sumokoin for the best features. Ofc, we have our own vision for the coin, at least, it would be better privacy, easier to start atm. On the other hand, we'll focus more on ecosystem like wallets, mobile, merchant APIs etc.

It'll take time for the coin to gain more traction from community and for devs to implement better wallets, tools etc but we'll do that with high responsibility and long-term commitment.

I have been watching the Sumokoin and Monero threads for a couple of months now as part of my due diligence research,  and I think you have correctly identified "ecosystem" as Monero's main weakness in relation to Bitcoin.

I seem to keep coming back to this part of the Sumokoin mission statement though -

• Do you have any relationship with The Monero Project?
  
  - No. While we have full respect for all core developers of The Monero Project who are competent, open and smart, however, we've never had opportunity to contribute anything to Monero yet (we hope we will).
  

Why have Sumokoin developers been unable to work with the Monero team on improving the ecosystem?

Excellent question. We always want to contribute back to Monero projects. Atm, we can only contribute patches to Monero core when possible. When we have more matured tools/ideas, we surely work with Monero if they are ready to cooperate but I think it may only happen in the next 6 months or so.

Have you ever contacted the Monero team?

Something as basic as the Multibit Classic Bitcoin Wallet, which is safe, has existed for years, and does not require maintaining a local copy of the blockchain, would be a BIG improvement over the current wallet offerings for Monero and could help spread the coin by making it more usable for average people.

I don't think any Bitcoin-based wallet will work with Monero/Sumokoin (and that's one of reasons why it tooks years for Monero developing its first wallet). Without full blockchain, we'll have to find remote trust nodes to pull info and that's for the Lite wallet on schedule.