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

[rowenta01]

so if I understand correctly there will be 2 projects now. Sumokoin AND Ryo ...

[1714133984]

1714133984

[1714133984]

1714133984

[1714133984]

1714133984

[codemanX]

so if I understand correctly there will be 2 projects now. Sumokoin AND Ryo ...

It seems so.

I'm out because the lack of trust and have sold all my SUMO two days ago and bought more Phore (PHR) instead, their Team is awesome, the roadmap is awesome too, new Top 25 Exchange listing is near and the Market Cap is still very low.

Maybe I will keep mining SUMO/RYO ... whatever.

[dingdongtobias]

Today almost every coin has an uptrend, except Sumo.
Thank you guys, for ruining this coin.
I don't care if the old devs get 600.000 or 1.000.000 coins, as long as the project is successful for all of us (community).

If community IS important to you, you wouldn't do all this circus, because the consequences of your decisions bring only negative things to this project, and for the community that has trust in this project.

[garantie]

. as long as the project is successful for all of us (community).

If community IS important to you, you wouldn't do all this circus, because the consequences of your decisions bring only negative things to this project, and for the community that has trust in this project.

+1

[stna1981]

I can't see where you get the info from that there will be 2 coins... it was called a rebrand, not a fork.

[bestofbritish96]

I can't see where you get the info from that there will be 2 coins... it was called a rebrand, not a fork.

Given the current drama, having 2 coins and letting the team split seems the most sensible approach.

[beeelzebub]

Wow, i wasn't checking this thread for some time.

It is full of drama it seems. Hidden premine, devs are leaving and some rebranding.

[MarieAshley]

Please share github link

[Alejandur]

Any progress with sumo wallet? It is syncing for 3 days, shows 100% but still didn't finish and zero balance!

Mine works fine. Have you run it as admin?

[stna1981]

Wow, i wasn't checking this thread for some time.

It is full of drama it seems. Hidden premine, devs are leaving and some rebranding.

Maybe, but it does not align with what the Twitter account says:
https://twitter.com/sumokoin?lang=de

[xiphon]

Community voting - FairPool statement relating the recent split in the community

Being SUMO supporters since day 1, FairPool will follow the way the most of the community members decide to move further. Let's collect some data about the RYO(SUMO)'s community solidarity.

Mine at the FairPool https://ryo.fairpool.xyz / https://sumo.fairpool.xyz and participate in the community public voting:

Add SUPPORT_ORIGIN to the worker's name to vote for the current (original) chain
Add SUPPORT_FORK to the worker's name to vote for the forking off the chain

Example: Rig192SUPPORT_FORK and SUPPORT_ORIGINMyWorkerName both are valid and will be correctly recognized
PS: Live voting results chart will be available during the day

[nakashu]

Community voting - FairPool statement relating the recent split in the community

Being SUMO supporters since day 1, FairPool will follow the way the most of the community members decide to move further. Let's collect some data about the RYO(SUMO)'s community solidarity.

Mine at the FairPool https://ryo.fairpool.xyz / https://sumo.fairpool.xyz and participate in the community public voting:

Add SUPPORT_ORIGIN to the worker's name to vote for the current (original) chain
Add SUPPORT_FORK to the worker's name to vote for the forking off the chain

Example: Rig192SUPPORT_FORK and SUPPORT_ORIGINMyWorkerName both are valid and will be correctly recognized
PS: Live voting results chart will be available during the day

I kinda like your idea but is not only miners involved.. how should people who invested in sumo vote in this case.. this type of decisions must be done in a way everybody involved is capable to vote..

[wtfpdf]

Community voting - FairPool statement relating the recent split in the community

Being SUMO supporters since day 1, FairPool will follow the way the most of the community members decide to move further. Let's collect some data about the RYO(SUMO)'s community solidarity.

Mine at the FairPool https://ryo.fairpool.xyz / https://sumo.fairpool.xyz and participate in the community public voting:

Add SUPPORT_ORIGIN to the worker's name to vote for the current (original) chain
Add SUPPORT_FORK to the worker's name to vote for the forking off the chain

Example: Rig192SUPPORT_FORK and SUPPORT_ORIGINMyWorkerName both are valid and will be correctly recognized
PS: Live voting results chart will be available during the day

I kinda like your idea but is not only miners involved.. how should people who invested in sumo vote in this case.. this type of decisions must be done in a way everybody involved is capable to vote..

I think it will be, but this announcement comes from mining pool thus it's related only to miners. Best way would be join telegram group and ask PR guys about their plans. A lot of things happening these days, if you want to be informed, join TG, this thread is updated very rarely

[CyberTrader]

So funny what's happening lately. I hate to say it but I was right with my earlier posts.
Just so that now some dev guy behind SUMOKOIN actually admits it

Folks...don't believe everything people post on these forums. It's your money they are
having a ball with! And SUMOKOIN is a lot of talk and nothing more.

You just can't take a coin like that seriously anymore.

1. Most of the code copied (Monero, baby),

2. Desperate SUMOKOIN guy who according to the post below hires someone without checking him out,

3. Developers in Vietnam, huh? Probably just one anyway. (SUMOGR always insisted that there more than a few developers and they are "more" than qualified to do anything...)

4. Even copying a feature (Multisig) takes them forever to implement.

5. No progress in terms of technology since (12-2018?). (Gotcha!)

6. Really questionable actions (SUMOKOIN guy/team)...

7. The ECC library wasn't necessary at that point. (See first quote below!)

8. It seems like SUMOKOIN was incapable of implementing cn_heavy so they were desperate to hire fireice?! (See first quote below!)



Quotes:

- We hired fireice to create an ASIC resistant algo and to “buy” his ECC library code.

- "Fireice found out that Sumoshi, Haruto and Bill were actually me in most of cases."

- "Then, upon admitting that he had trouble with the law and could be “lifted” some day (we are not in position to judge his innocence) we decided to reconsider our stance towards him, offering him 30% of the premine and asking him to develop any feature he had in mind on his own."

- "asked us for the key images of the premined wallets (which we happily offered, we wouldn’t do it if we had something to hide) and asked us for the GitHub password as insurance that he will get all the money he was asking for. We still had no doubt on his true motivation and gave him all."
   
Comments:

- At that point, the ECC library wasn't necessary,

- So only one guy in most cases,

- "He" is actually the developer SUMOKOIN supposedly hired. How desperate do you have to be to offer someone who is possibly in trouble with the law 30% of the premine?

- If the guy needs access to GitHub anybody in his/her right mind would become suspicious. How stupid does anyone have to be to give out her/his github password? Seriously?! Use ssh keys and an escrow service!
  And you guys consider yourselves the experts of anonymity and digital currency?


Here is the link to the post:

https://medium.com/sumokoin/all-truth-and-fud-on-sumokoin-project-7af6d1a03eb0

The guys who called people asking about the premine, the development efforts, and the team "full of sh*t" should wonder who really
is the lame loser (full of sh*t) here!? 

Anyway...the above post might just be a lame excuse for what's been going on the last few weeks... Smells fishy like a rip-off...
I just feel sorry for the folks who lost a lot of money because of this coin...

Happy crashing with the coin... rebranding certainly won't save it.

 

PS: At the time of writing, WalletInvestor lists SUMOKOIN with rating E (possible values: A+, A, B+, B, C, D, D-, E, E-). Strange we haven't heard much from wisenheimer "sumogr" lately.

[RIGED]

you kids know nothing about strategy do you?

lashing out and crying over your own decisions for giving an unproven new member access to your wife's underwear

it would of been better if the Dev team remained silent, created maximum fud, allowed the onslaught to loose momnetum and then going on a prolonged aggressive buyback scheme to shoot sumo much higher than previous peak to get market interest back with no waffle or tears or begging for trust

and do not tell me the dev team did not sell sumo at the $5-7 or a higher mark to have the funds necessary to do this

the feeling i get is the Sumo dev team are amateurs and fireice is a cunt

rebranding? what you changed your clothes and now you are someone else? fuckoff

[xenomorphe1]

I don't know what really happened with Sumokoin and if fireice has still the github access in exclusivity. But at least the team is sincere
and did say what happened. The price is falling because fireice and his friends are selling their sumo?
I don't know how he got the real names of the dev team. They trust him too much.
Does the team still has the source code? If yes they still can develop normally and create a new github without fireice.
They surely already did it.

[canion]

Why the team is silent and does not save the coin?

[BitPotus]

oh dear.....

that's a promising project down the drain then.

shame....

[abe91q]

Hello everyone guys, first of all thanks for the comments.
We are working hard and decided we will become ASIC FRIENDLY from Monday block height# 137500.
Believe or not, we did this to save the community from attacks made by fireice and his friends.
Exchanges and Pools already updated their binaries, you can do that too by downloading the new wallet.
https://github.com/sumoproject/SumoGUIWallet/releases/tag/v0.0.5

Coins will not be lost (this is also why hardforked). Coins on exchanges are safe.

[dingdongtobias]

Hello everyone guys, first of all thanks for the comments.
We are working hard and decided we will become ASIC FRIENDLY from Monday block height# 137500.
Believe or not, we did this to save the community from attacks made by fireice and his friends.
Exchanges and Pools already updated their binaries, you can do that too by downloading the new wallet.
https://github.com/sumoproject/SumoGUIWallet/releases/tag/v0.0.5

Coins will not be lost (this is also why hardforked). Coins on exchanges are safe.

Hello, we need more info.
Are you going to change algo again?
Is there any info about these changes you did?