Sgsg666
Jr. Member
 Offline
Activity: 113
Merit: 1
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May 29, 2018, 12:30:22 PM |
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I believe there's no hidden premine, Only early unlock? Devs will get fewer coins by the year 2020. Correct me if I'm wrong.
This year there will be 1M Sumo/Ryo coins to be released instead of 600k. The same goes for 2019 instead of 900K.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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sapotacoin
Copper Member
Newbie
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Activity: 14
Merit: 0
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May 29, 2018, 12:33:10 PM |
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At the first post it is said that "Majority of premined coins (98%) are locked in the following wallets:". Is the 2% that is not locked the "hidden premine"? My English level is a bit low and I don't understand what the pdf means. Smiley
Edit: Anyway, time to buy and hold some more coins.
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BitPotus
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May 29, 2018, 12:52:14 PM |
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https://twitter.com/fireice_uk/status/1001442818122973184Brainwashing #sumokoin continues. @SumoKoinGR just can't keep honest. I didn't use key images to find the hidden premine. I used an explorer. Just like you can use it -https://www.reddit.com/r/ryocurrency/comments/8ms1fx/on_an_epic_fail_hidden_premines_doctored/ … Vu just forgotten about half a mil lol Lost behind sofa? He is sorry that we was caught.What on earth is going on? 
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codemanX
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May 29, 2018, 02:19:12 PM |
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https://twitter.com/fireice_uk/status/1001442818122973184Brainwashing #sumokoin continues. @SumoKoinGR just can't keep honest. I didn't use key images to find the hidden premine. I used an explorer. Just like you can use it -https://www.reddit.com/r/ryocurrency/comments/8ms1fx/on_an_epic_fail_hidden_premines_doctored/ … Vu just forgotten about half a mil lol Lost behind sofa? He is sorry that we was caught.What on earth is going on? That's the official statement from VU (Dev) on Telegram: You all know Sumokoin has 10% premine and the team decided to lock it so that it can be released gradually to avoid dumping. Our original plan is to divide the premine into 7 wallets (see the attached spead sheet), however, we made a mistake that was not aware that in a locked tx, the change (back to original wallet) was locked too. That's why we ended up only 3 escrowed wallets (plus dev wallet that is the original one). We decided when the coins come back to dev wallet, we'll escrow them as planned: 1. When the 400k coins back to dev wallet in late July, we will lock it in a new wallet (Wallet 4) and that'll be transparent to you, so only 600k released to total supply. In 2019, 100k coins in change will be locked too and in 2020, when all coins are back we'll stick with the planned escrowing, i.e. locking coins to Wallet 4, 5, 6, 7 (see spreadsheet). The rest, abt 1M, will be locked for another year too (Wallet  2. When we started the coin, all devs were very new (and naive) to the field, we made mistakes and we want to apologize for anything improperly implemented. 2. We feel very upset when sumogr and Patrik leaving PR team due to this incident (and probably due to others too). They are all very good guys. However, we hope to maintain project as you all invest a lot to it one way or another. |
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rapi
Member
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Activity: 336
Merit: 10
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May 29, 2018, 02:22:25 PM |
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Nothing works naturally, you work to get good results and then work again to get better to stay on top, a great project do not miss this project. I am also very happy to support you, Good luck in this biggest project. Here too many prizes.
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stna1981
Member
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Activity: 140
Merit: 10
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May 29, 2018, 02:49:14 PM |
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Another proof that premine is just shit and causing nothing than trouble.
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nakashu
Member
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Activity: 175
Merit: 11
"Decentralization is religion"
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May 29, 2018, 03:22:15 PM |
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Another proof that premine is just shit and causing nothing than trouble.
shit will happen, it happens every moment.. whether you want it or not.. important is how you handle the shit! Gentlemen, full support here as it was for the past year! heads up, RYO is the way to go!!now fast to cryptopia to grab nice bargain..  |
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tomsmith26
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May 29, 2018, 03:59:46 PM |
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At the first post it is said that "Majority of premined coins (98%) are locked in the following wallets:". Is the 2% that is not locked the "hidden premine"? My English level is a bit low and I don't understand what the pdf means. Smiley
Edit: Anyway, time to buy and hold some more coins.
We need to check some locked addresses to protect all investors and Dev must be sure that no-premined coins are released on the market . I also have some doubts on this fact and wait for a while before new updates . |
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Alejandur
Newbie
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Activity: 93
Merit: 0
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May 29, 2018, 04:43:22 PM |
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Another proof that premine is just shit and causing nothing than trouble.
shit will happen, it happens every moment.. whether you want it or not.. important is how you handle the shit! Gentlemen, full support here as it was for the past year! heads up, RYO is the way to go!!now fast to cryptopia to grab nice bargain.. +1 Full support to devs. I love the privacy of the coin. Thank you very much to the sellers  |
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pawelsalsa45
Newbie
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Activity: 65
Merit: 0
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May 29, 2018, 05:01:27 PM |
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The best solution for those premine coins would be to burn publicly 70% of them !  |
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garantie
Newbie
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Activity: 28
Merit: 0
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May 29, 2018, 06:48:57 PM |
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What happened to Sumokoins market price lately? Lost about 60% during the last 30 days. Only for last 24 hours loss of more than 20% ! Bitcoin lost "only" 19% last month. And last 24 hours increased nearly +4%  |
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heavyarms1912
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May 29, 2018, 07:12:12 PM |
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What happened to Sumokoins market price lately? Lost about 60% during the last 30 days. Only for last 24 hours loss of more than 20% ! Bitcoin lost "only" 19% last month. And last 24 hours increased nearly +4% read posts in last few pages. |
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dingdongtobias
Newbie
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Activity: 156
Merit: 0
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May 29, 2018, 08:29:19 PM |
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i knew it, incoming fork. whyohwhy |
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russBOY
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May 29, 2018, 09:35:17 PM |
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hey, guys, what about my problem? will anybody answer me? only I have problems with the site or all? it does not open for me
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blockrev
Newbie
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Activity: 57
Merit: 0
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May 30, 2018, 12:05:18 AM |
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For those wanting to get up to date here's all 3 of their latest Press Releases in one post... ..updated today: https://dapp.tech/sumokoin-ryo-under-new-leadership/"We will invalidate the current premine with a new daemon release. Until the dust settles and the new dev team has gained the support of the community, all developments will be done without payment to the developers" - Marco (admin) said moments ago on the $RYO telegram Please join the Telegram for the latest news: https://t.me/ryocurrencyI'm cautiously confident the new team can get us back on track |
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thin
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May 30, 2018, 02:58:30 AM |
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What happened to Sumokoins market price lately? Lost about 60% during the last 30 days. Only for last 24 hours loss of more than 20% ! Bitcoin lost "only" 19% last month. And last 24 hours increased nearly +4% Well, many altcoins lost a lot to bitcoin, sumo is not alone. |
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water3love
Newbie
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Activity: 1
Merit: 0
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May 30, 2018, 03:24:28 AM |
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bitcoin & altcoin will growth next time!! let's uptrend now  |
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Alejandur
Newbie
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Activity: 93
Merit: 0
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May 30, 2018, 04:43:42 AM |
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hey, guys, what about my problem? will anybody answer me? only I have problems with the site or all? it does not open for me
Could you please post the link? I'll try it. |
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Sharpeich
Newbie
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Activity: 62
Merit: 0
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May 30, 2018, 05:14:58 AM |
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Any progress with sumo wallet? It is syncing for 3 days, shows 100% but still didn't finish and zero balance!
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