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

[sumogr]

Subaddresses (Part 1) merged

FYI, the first stable part of "subaddresses" code has been merged to master branch at Github. This is mainly for early user experiments and GUI wallet design.

Please refer to PR #28 for usage: https://github.com/sumoprojects/sumokoin/pull/28

As current wallet version doesn't recognize subaddresses as valid ones, please DO NOT use subaddresses for:

• Withdrawal from exchanges
• Mining receipt addresses
• Sending funds to them from old (cli/GUI) wallets

Subaddresses (Part 2):

- Support sending to multiple subaddresses or mix of sub/primary addresses
- Improve scanning speed and stability

Expected release date: By Nov 30, 2017

After full-featured subaddresses code is completely merged, binaries will be officially bumped to version v.0.2 (code name: Sapporo)

GUI wallet with subaddresses:

Design target: Simplifying user experience with pre/auto subaddresses generation. User can freely pick any unused subaddress for receiving fund without revealing true main address.

Expected release date: In December 2017

Is "subaddress" a really high-priority implementation than a cold wallet/offline signing feature at this point in time? I mean, the forked version of Monero is already very secure, private and anonymous whereas users' wallet keys remain vulnerable to attacks while residing on online machines. The former is icing on the cake while the latter is a necessity.

Hi. Actually subaddresses besides the extra privacy/anonymity that they obviously offer they do "commercialize" the coin a lot, exchanges can issue seperate addresses for each user than using a common one for everyone and separate each by a unique id (which is quite confusing for users that had no previous experience with cryptonotes) same goes for online markets that can issue a unique deposit address for each of their customers.
Although I quite agree with the fact that the feature you are proposing is indeed a factor of a totaly secure coin (of course it doesnt affect anonymity & privacy)  to take on the role of the devil's advocate I might ask why is this coin's or any coin's obligation to secure your online machine from incoming attacks aiming to steal your keys, this is mainly the user's responsibility.

[visdude]

I have a feeling that one of these "to-the-moon" days is near.

The coin has been getting some well deserved attention on social media lately. People are slowly, but surely, getting to know Sumokoin and it's bright future.

I'm really looking forward to part two of subaddresses(Nov. 30) and it being merged with GUI wallet(In December). it's going to be awesome!


I trully love Sumokoin!

Hype and speculation is not sustainable. For a crypto to have "real" value and longevity, it must have mass-adoption of its primary use case/function which is as cash/currency. But to achieve that, it must be "portable" so people can transact/trade with it on the go just like cash. Therefore, a mobile wallet should be a priority as well as cold wallet/offline signing feature on the desktop GUI wallet to secure people's stashes of the token. After all, we are our own bank in the crypto world. The devs could then add the bells and whistles after these crucial implementation to add even more value to it. First things first; not ass-backwards process. Otherwise, it's merely a speculation instrument devoid of functionality. That's why people in the know (and there are a lot of smart people in this space) always equates such scenario as a Ponzi/scam. Don't get me wrong. I would very much like to see any crypto to achieve such success (i.e. function as cash and mass-adopted) but it has been frustrating to say the least.

Just imagine what would happen to the US$, Euro, etc. if people don't use them to trade/transact.

[visdude]

Subaddresses (Part 1) merged

FYI, the first stable part of "subaddresses" code has been merged to master branch at Github. This is mainly for early user experiments and GUI wallet design.

Please refer to PR #28 for usage: https://github.com/sumoprojects/sumokoin/pull/28

As current wallet version doesn't recognize subaddresses as valid ones, please DO NOT use subaddresses for:

• Withdrawal from exchanges
• Mining receipt addresses
• Sending funds to them from old (cli/GUI) wallets

Subaddresses (Part 2):

- Support sending to multiple subaddresses or mix of sub/primary addresses
- Improve scanning speed and stability

Expected release date: By Nov 30, 2017

After full-featured subaddresses code is completely merged, binaries will be officially bumped to version v.0.2 (code name: Sapporo)

GUI wallet with subaddresses:

Design target: Simplifying user experience with pre/auto subaddresses generation. User can freely pick any unused subaddress for receiving fund without revealing true main address.

Expected release date: In December 2017

Is "subaddress" a really high-priority implementation than a cold wallet/offline signing feature at this point in time? I mean, the forked version of Monero is already very secure, private and anonymous whereas users' wallet keys remain vulnerable to attacks while residing on online machines. The former is icing on the cake while the latter is a necessity.

Hi. Actually subaddresses besides the extra privacy/anonymity that they obviously offer they do "commercialize" the coin a lot, exchanges can issue seperate addresses for each user than using a common one for everyone and separate each by a unique id (which is quite confusing for users that had no previous experience with cryptonotes) same goes for online markets that can issue a unique deposit address for each of their customers.
Although I quite agree with the fact that the feature you are proposing is indeed a factor of a totaly secure coin (of course it doesnt affect anonymity & privacy)  to take on the role of the devil's advocate I might ask why is this coin's or any coin's obligation to secure your online machine from incoming attacks aiming to steal your keys, this is mainly the user's responsibility.

Actually, my post wasn't meant for you to reply to. I prefer a very knowledgeable person like a dev to answer me.

[sumogr]

I have a feeling that one of these "to-the-moon" days is near.

The coin has been getting some well deserved attention on social media lately. People are slowly, but surely, getting to know Sumokoin and it's bright future.

I'm really looking forward to part two of subaddresses(Nov. 30) and it being merged with GUI wallet(In December). it's going to be awesome!


I trully love Sumokoin!

Hype and speculation is not sustainable. For a crypto to have "real" value and longevity, it must have mass-adoption of its primary use case/function which is as cash/currency. But to achieve that, it must be "portable" so people can transact/trade with it on the go just like cash. Therefore, a mobile wallet should be a priority as well as cold wallet/offline signing feature on the desktop GUI wallet to secure people's stashes of the token. After all, we are our own bank in the crypto world. The devs could then add the bells and whistles after these crucial implementation to add even more value to it. First things first; not ass-backwards process. Otherwise, it's merely a speculation instrument devoid of functionality. That's why people in the know (and there are a lot of smart people in this space) always equates such scenario as a Ponzi/scam. Don't get me wrong. I would very much like to see any crypto to achieve such success (i.e. function as cash and mass-adopted) but it has been frustrating to say the least.

Just imagine what would happen to the US$, Euro, etc. if people don't use them to trade/transact.

[sumogr]

Subaddresses (Part 1) merged

FYI, the first stable part of "subaddresses" code has been merged to master branch at Github. This is mainly for early user experiments and GUI wallet design.

Please refer to PR #28 for usage: https://github.com/sumoprojects/sumokoin/pull/28

As current wallet version doesn't recognize subaddresses as valid ones, please DO NOT use subaddresses for:

• Withdrawal from exchanges
• Mining receipt addresses
• Sending funds to them from old (cli/GUI) wallets

Subaddresses (Part 2):

- Support sending to multiple subaddresses or mix of sub/primary addresses
- Improve scanning speed and stability

Expected release date: By Nov 30, 2017

After full-featured subaddresses code is completely merged, binaries will be officially bumped to version v.0.2 (code name: Sapporo)

GUI wallet with subaddresses:

Design target: Simplifying user experience with pre/auto subaddresses generation. User can freely pick any unused subaddress for receiving fund without revealing true main address.

Expected release date: In December 2017

Is "subaddress" a really high-priority implementation than a cold wallet/offline signing feature at this point in time? I mean, the forked version of Monero is already very secure, private and anonymous whereas users' wallet keys remain vulnerable to attacks while residing on online machines. The former is icing on the cake while the latter is a necessity.

Hi. Actually subaddresses besides the extra privacy/anonymity that they obviously offer they do "commercialize" the coin a lot, exchanges can issue seperate addresses for each user than using a common one for everyone and separate each by a unique id (which is quite confusing for users that had no previous experience with cryptonotes) same goes for online markets that can issue a unique deposit address for each of their customers.
Although I quite agree with the fact that the feature you are proposing is indeed a factor of a totaly secure coin (of course it doesnt affect anonymity & privacy)  to take on the role of the devil's advocate I might ask why is this coin's or any coin's obligation to secure your online machine from incoming attacks aiming to steal your keys, this is mainly the user's responsibility.

Actually, my post wasn't meant for you to reply to. I prefer a very knowledgeable person like a dev to answer me.

With your attitude? You should be feeling glad that I cared to reply to you let alone a dev....

[visdude]

Wow pumped to over $1 USD today.

Can I have the same wallet address working on three pcs at the same time.

Yes you can have many computers to same wallet. You are contributing hash rate to one wallet address

Thanks for your answer but I mean GUI wallet with the same addres in three PC for doing transactions not for mining. I want to keep three GUI wallets synchronized in different places with the same address and send or receive payments.

You can sync the same wallet on as much machines as you want. The only caveat is that whenever you make a transaction on one machine, you must export the wallet cache file to the rest of the machines. Otherwise, the balance on other synced machines will be off (last transaction will not be shown).

[Alejandur]

Wow pumped to over $1 USD today.

Can I have the same wallet address working on three pcs at the same time.

Yes you can have many computers to same wallet. You are contributing hash rate to one wallet address

Thanks for your answer but I mean GUI wallet with the same addres in three PC for doing transactions not for mining. I want to keep three GUI wallets synchronized in different places with the same address and send or receive payments.

You can sync the same wallet on as much machines as you want. The only caveat is that whenever you make a transaction on one machine, you must export the wallet cache file to the rest of the machines. Otherwise, the balance on other synced machines will be off (last transaction will not be shown).

Oh, perfect. Thank you.

[oddsig]

Crypto is still in it's infancy, though some have been innit since pre '08, we are still early adopters. The people talking about crypto, or write posts in here, are mostly people that's interested in tech. Sumokoin is no hyped up, marketed ICO. Peoples enthusiasm comes from spreading what the coin is all about, within the crypto community. As for longevity, this is still a young coin, but looking at what the devs have done so far. I'm confident that what's in the roadmap(https://sumokoin.org) will be accomplished. Mass-adoption of crypto haven't occurred yet, so that's true, but when it happens the most popular coins within the community of early adopters gonna have an advantage. The frustrating part is being an early adopter and feeling that things aren't going fast enough.

What happens to fiat? Who knows, but haven't the few controlled our economy long enough?

I have a feeling that one of these "to-the-moon" days is near.

The coin has been getting some well deserved attention on social media lately. People are slowly, but surely, getting to know Sumokoin and it's bright future.

I'm really looking forward to part two of subaddresses(Nov. 30) and it being merged with GUI wallet(In December). it's going to be awesome!


I trully love Sumokoin!

Hype and speculation is not sustainable. For a crypto to have "real" value and longevity, it must have mass-adoption of its primary use case/function which is as cash/currency. But to achieve that, it must be "portable" so people can transact/trade with it on the go just like cash. Therefore, a mobile wallet should be a priority as well as cold wallet/offline signing feature on the desktop GUI wallet to secure people's stashes of the token. After all, we are our own bank in the crypto world. The devs could then add the bells and whistles after these crucial implementation to add even more value to it. First things first; not ass-backwards process. Otherwise, it's merely a speculation instrument devoid of functionality. That's why people in the know (and there are a lot of smart people in this space) always equates such scenario as a Ponzi/scam. Don't get me wrong. I would very much like to see any crypto to achieve such success (i.e. function as cash and mass-adopted) but it has been frustrating to say the least.

Just imagine what would happen to the US$, Euro, etc. if people don't use them to trade/transact.

[Germining]

Sumo stays at about 80-90 cent. That is awesome. Give it a few days, perhaps we will try 12k or even more. So interesting and nice to watch 

[Mattthev]

Sumo stays at about 80-90 cent. That is awesome. Give it a few days, perhaps we will try 12k or even more. So interesting and nice to watch 

Shame on me, I've exchanged 2/3 of my SUMO few days ago 

[fredericos]

Sumo stays at about 80-90 cent. That is awesome. Give it a few days, perhaps we will try 12k or even more. So interesting and nice to watch 

Yes, i think it will keep climbing.
Still a cheap coin, i expect 10x.

But it will need marketing and good development as an active currency and contender for top privacy coin.

The demand for good privacy coins will increase, so if we can have a really good one and features that are on the bleeding edge.
We will win big time.

[Germining]

Sumo stays at about 80-90 cent. That is awesome. Give it a few days, perhaps we will try 12k or even more. So interesting and nice to watch  

Shame on me, I've exchanged 2/3 of my SUMO few days ago  

I told you to hold them at least one year... Lets see if we reach 10$ next year  

We had one guy on telegram, he dumped his coins just 1 our befor a huge pzmp. His name was swan. We made a verb out of it... you got swaned buddy

[d3athgu1s3]

It is still very far behind Monero, most probably it will have some chance to go to moon in a year or two.

[fredericos]

It is still very far behind Monero, most probably it will have some chance to go to moon in a year or two.

Nah, probably much sooner than that.

[Mattthev]

I told you to hold them at least one year... Lets see if we reach 10$ next year  

We had one guy on telegram, he dumped his coins just 1 our befor a huge pzmp. His name was swan. We made a verb out of it... you got swaned buddy

I've didn't dump that much of it probably Last weeks I was mining ETN, but if the SUMO diff will go down a little I will switch again for SUMO.

[Germining]

My bags are full enough. I can use my GPU for gaming and porn again 

[fredericos]

I am just sitting back until it hits 10 usd.
I think it is a matter of two months

[Mattthev]

My bags are full enough. I can use my GPU for gaming and porn again 

Are you watching 4K VR porn or why you need dedicated GPU for porn?

[Germining]

@fredericos: you are even more motivated than I an
@Matthev: No... but sounds like a decent plan to me... 

[fredericos]

Sumokoin should drop the koin.

As in this proposal:
https://www.reddit.com/r/sumokoin/comments/7ekhdb/sumo_brandingmarketing_proposal/