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

[itslukebenz]

Block reward increased, difficulty is lowest I've seen in a long time. Great time to be a SUMO miner. 

[visdude]

It seems the cheerleaders/lackeys on here are invoking convenient amnesia when something does not go in their favor. Again, where in the Sumokoin Roadmap is the "not too hard to implement" cold wallet/offline signing feature that "will be implemented very soon"?

Is the GUI wallet eventually going to have a cold wallet/offline signing feature if it doesn't already?

Not yet. We try not to implement advanced/rare-used features in first few versions. If someone really wants to use them, I think, he can easily start command-line wallet for now

It is an advanced feature but I don't think that it is rarely used. In fact, it is a must for cryptocurrencies. If you implement it, users will used it to secure their tokens. Don't wait until people start losing their coins. Wallets for the top coins have such a feature. It should be standard.

Thanks for advice. It's not too hard to implement, we'll need another tab on UI for advanced features, I think.

These proposed "smart" implementations are nice and cool albeit geek stuff. However, it's pointless to have them if the primary use case (i.e. functioning as cash) is not allowed to gain a foothold first and foremost. Transacting with (fiat) cash is easily accomplished P2P (person-to-person) and "on the go" by simply handing over physical notes to someone in exchange for goods/services or in conducting other forms of trading. Unfortunately, we can't do the same with cryptos. The closest thing would be to utilize a device that most (if not all) people already carry with them all the time -- mobile phones. In fact, we already transact with fiat currencies through these devices nowadays.

I hope the devs will not lose focus and deploy first and foremost the tools/apps that matter at this stage which are:

1. a simple, reliable, secure and private mobile wallet that connects to a trusted and secure node by default (for user friendliness out of the box) with an option to connect to a private node running at home or other locations that the user has control over (for advanced/paranoid users)

2. GUI cold wallet/offline signing implementation so that users don't start losing their stash while in the process of accumulating tokens.

Smart features could then follow thereafter...when Sumo will have achieved a relative degree of mass adoption. Otherwise, it will just be another speculative blockchain-based token like everything else before it (hopefully the devs have learned this lesson). Believe it or not, BTC's value/market cap is still largely fueled by speculation after eight years running and not by its touted primary use case which is as cash or cash-like. Which businesses/sevices/goods can you pay with BTC on a day to day basis to date?

1. Lite/mobile wallets are our priority at next stage.

2. GUI cold wallet signed/transfer will be implemented very soon.

Thanks for input.

[romacapitano]

Has the SumoKoin still been profitable for miners recent days? I have some AMD rigs, and would like to switch them to mine SumoKoin.

[sumogr]

It seems the cheerleaders/lackeys on here are invoking convenient amnesia when something does not go in their favor. Again, where in the Sumokoin Roadmap is the "not too hard to implement" cold wallet/offline signing feature that "will be implemented very soon"?

Is the GUI wallet eventually going to have a cold wallet/offline signing feature if it doesn't already?

Not yet. We try not to implement advanced/rare-used features in first few versions. If someone really wants to use them, I think, he can easily start command-line wallet for now

It is an advanced feature but I don't think that it is rarely used. In fact, it is a must for cryptocurrencies. If you implement it, users will used it to secure their tokens. Don't wait until people start losing their coins. Wallets for the top coins have such a feature. It should be standard.

Thanks for advice. It's not too hard to implement, we'll need another tab on UI for advanced features, I think.

These proposed "smart" implementations are nice and cool albeit geek stuff. However, it's pointless to have them if the primary use case (i.e. functioning as cash) is not allowed to gain a foothold first and foremost. Transacting with (fiat) cash is easily accomplished P2P (person-to-person) and "on the go" by simply handing over physical notes to someone in exchange for goods/services or in conducting other forms of trading. Unfortunately, we can't do the same with cryptos. The closest thing would be to utilize a device that most (if not all) people already carry with them all the time -- mobile phones. In fact, we already transact with fiat currencies through these devices nowadays.

I hope the devs will not lose focus and deploy first and foremost the tools/apps that matter at this stage which are:

1. a simple, reliable, secure and private mobile wallet that connects to a trusted and secure node by default (for user friendliness out of the box) with an option to connect to a private node running at home or other locations that the user has control over (for advanced/paranoid users)

2. GUI cold wallet/offline signing implementation so that users don't start losing their stash while in the process of accumulating tokens.

Smart features could then follow thereafter...when Sumo will have achieved a relative degree of mass adoption. Otherwise, it will just be another speculative blockchain-based token like everything else before it (hopefully the devs have learned this lesson). Believe it or not, BTC's value/market cap is still largely fueled by speculation after eight years running and not by its touted primary use case which is as cash or cash-like. Which businesses/sevices/goods can you pay with BTC on a day to day basis to date?

1. Lite/mobile wallets are our priority at next stage.

2. GUI cold wallet signed/transfer will be implemented very soon.

Thanks for input.

Why are you always so provocative? You ve proposed a nice feature, I see from you last posts in other threads that this is a feature that you really want it implemented on a coin, Bill agreed that it is a nice idea indeed and said that he will implement it.

Bill is just one of the 4 devs that deals mainly with the coin's front end why dont you speak with him directly and remind him that he agreed to incorporate a GUI cold wallet signing before transfers and ask him if he has any news about it and why wasnt it included on the roadmap.

Using words such as lackeys and implying that devs are diverting from the coin's scheduled development just because they ve agreed 4 months ago that one of your ideas was nice and good to be applied is quite unfair.

Anyway Bill we'll see your message and reply regarding the cold wallet transfer signing I just wanted to comment on the way you post by meaning no offense

[sunk818]

Hello, could anyone explain me what are subaddresses, please?

In order not to confuse you with complicated tech stuff I ll give you a general description.
Subaddresses is like an one-off, disposable address you can create with your wallet (some people might object with the word disposable but that's the easiest word to use) which is different from your main wallet receiving address and offer it to the person that is going to send you Sumokoins.

this reminds me of virtual credit cards generator where your one-off credit card number is tied to your physical card number.

[fadzinator]

BTC going to the moon, but SUMOprice remains the same.
Even the sats value is going down (currenty at 5ks+ sats)
never stop mining

[popeye95]

We should have a sumo tournament for this coin as the reward.

[Germining]

@Visude: I tried to PN you to discuss the aggresion you hold against Sumokoin and its community. But since I got no answer... I really tried my friend!

You have been positive about Sumokoin at the very beginning. You knew about the premine and I must state that no facts changed since that time (August this year). You seem to have a personal dispute with some members of this community and instead of shuting the ... up you blame the coin. I don't expect you to stop, but people who read this should know your hate is nothing but personal frustration and your comments are not fact-based at all.



And a second thing: it is nice you made up your mind about a cold wallet yourself. But so blame sumo-dev why it is not on the roadmap just bcs of a single mention of it? Come on... If you wanted to be part of the team and let your idea become reality, just ask.



Fyi: I will quote this everytime you fudd this nice coin  

[visdude]

Stalking = frustration/desperation.

[OlegT]

It is necessary to look at the prospects of SumoSoin, rather low complexity and a good reward for the block. I want to try to get this coin.

[Foxcor]

http://sumokoin.hashparty.io/ not SUMO pool

PR??

[Germining]

Stalking = frustration/desperation.

Whatever you say 

[Suntzu88]

Having some problems,  my address is not appearing on the block chain explorer?

Sumoo3YYVncPV2T9kqZZMZWk8keXzvMaG8Vn1mtHBHTmA4Tz48u1SFy9MM26AFA28kWgnbJPqdDmV5r UhNT2HyRYh9TZCV8WZVb

Any ideas?

Edit: Actually I cant get any sumo address to show in the block explorer, including the dev wallets. Do i have to have the blockchain synced on the computer I am using to view?

[sumogr]

Having some problems,  my address is not appearing on the block chain explorer?

Sumoo3YYVncPV2T9kqZZMZWk8keXzvMaG8Vn1mtHBHTmA4Tz48u1SFy9MM26AFA28kWgnbJPqdDmV5r UhNT2HyRYh9TZCV8WZVb

Any ideas?

Edit: Actually I cant get any sumo address to show in the block explorer, including the dev wallets. Do i have to have the blockchain synced on the computer I am using to view?

You cannot search by address on the block chain explorer, this is why there is no rich list for Sumokoin or Monero. It's part of the chain's privacy. If you could check each address's transaction on the explorer Sumokoin would not be 100% private
( Verge, the dogecoin + tor nodes coin as i call it, claims that it is 100% private even though I can check each address' amounts and transactions on their block explorer. I know i am being mean but i am a bad person what can i say )

[Suntzu88]

Having some problems,  my address is not appearing on the block chain explorer?

Sumoo3YYVncPV2T9kqZZMZWk8keXzvMaG8Vn1mtHBHTmA4Tz48u1SFy9MM26AFA28kWgnbJPqdDmV5r UhNT2HyRYh9TZCV8WZVb

Any ideas?

Edit: Actually I cant get any sumo address to show in the block explorer, including the dev wallets. Do i have to have the blockchain synced on the computer I am using to view?

You cannot search by address on the block chain explorer, this is why there is no rich list for Sumokoin or Monero. It's part of the chain's privacy. If you could check each address's transaction on the explorer Sumokoin would not be 100% private
( Verge, the dogecoin + tor nodes coin as i call it, claims that it is 100% private even though I can check each address' amounts and transactions on their block explorer. I know i am being mean but i am a bad person what can i say )

Ok, So I can only check my balance on my desktop wallet? Why have an address search on a blockchain explorer if it is not functional?

[MARC-KALAAT]

what's the news for bittrex?

[sumogr]

Having some problems,  my address is not appearing on the block chain explorer?

Sumoo3YYVncPV2T9kqZZMZWk8keXzvMaG8Vn1mtHBHTmA4Tz48u1SFy9MM26AFA28kWgnbJPqdDmV5r UhNT2HyRYh9TZCV8WZVb

Any ideas?

Edit: Actually I cant get any sumo address to show in the block explorer, including the dev wallets. Do i have to have the blockchain synced on the computer I am using to view?

You cannot search by address on the block chain explorer, this is why there is no rich list for Sumokoin or Monero. It's part of the chain's privacy. If you could check each address's transaction on the explorer Sumokoin would not be 100% private
( Verge, the dogecoin + tor nodes coin as i call it, claims that it is 100% private even though I can check each address' amounts and transactions on their block explorer. I know i am being mean but i am a bad person what can i say )

Ok, So I can only check my balance on my desktop wallet? Why have an address search on a blockchain explorer if it is not functional?

It doesnt say address, it says stealth address
Read the below
https://monero.stackexchange.com/questions/1500/what-is-a-stealth-address

[blummer]

I tried to download the wallet for windows x64 but after some minutes is always stacking.

Give a good description of the problem. I'm sure we can help 

I'm not sure if it's the same problem, but I think he/she means that it's constantly "Loading Wallet...", even after the network is synchronized 100%. I have the same problem.. Just downloaded the 64 bit zip file for windows. I made exclusions in both windows defender and avg for the whole directory..  Any help would be appreciated, .

Thank you,

Brian

[sumogr]

I tried to download the wallet for windows x64 but after some minutes is always stacking.

Give a good description of the problem. I'm sure we can help 

I'm not sure if it's the same problem, but I think he/she means that it's constantly "Loading Wallet...", even after the network is synchronized 100%. I have the same problem.. Just downloaded the 64 bit zip file for windows. I made exclusions in both windows defender and avg for the whole directory..  Any help would be appreciated, .

Thank you,

Brian

It failed to install properly. If you have your seed words delete Programdata\sumokoin and Programdata\SumokoinGUIWallet folders
Reinstall your wallet, and restore it from your seed words. This will solve it
Dont delete anything if you dont save your seed words first

[Alejandur]

Is this the official Sumokoin facebook page?

https://www.facebook.com/sumokoin/