Best Monero Fork? Aeon vs. Sumokoin

[Romano40]

Alright, what’s the best fork of Monero out there. I know that Aeon has a good developer. Sumokoin just went through a rebrand and it looks like the devs are working hard. Does anyone know the key differences between the two?  Also, are there any other forks of Monero besides these two?

[Drokzid]

I am invested in both coins, but more of my BTC are in AEON, because AEON allows one (and only one) zero mix transaction per block.

My target for AEON is 15$ or more.

SUMO is a nice low cap gamble.

[minersday]

What the fuck? I knew that Aeon was a coin that was already listed, but i have never know that this was a result of a fork of monero, oh my god, i never knew this, i am so surpirsed right now.
I mean, i didn't know that altcoins could have forks too, this is very interesting but it is very confusing at the same time. If i am not wrong, litecoin had some kind of forks on the past, but only on it's code, but i have never expected this from monero since it does not have a public code.

[Febo]

Alright, what’s the best fork of Monero out there. I know that Aeon has a good developer. Sumokoin just went through a rebrand and it looks like the devs are working hard. Does anyone know the key differences between the two?  Also, are there any other forks of Monero besides these two?

Clone is not a fork. Fork is when new clone takes all history of original. Most clones take just protocol of original, modify it a bit and  and start with a genesis block.

AEON development is a bit stagnant lately.    Not sure what rebrand SUMOKOIN made or why is quite new coin, can you tell more?  They promised many things, but ofcourse forked Monero way latter then AEON so have way less worth to do.  Problem with SUMOCOIN is 10% premine and fact that emission will increase in upcoming years. Basiclly only few % is mined so far so price will decrease a lot in upcoming years.

There are more Monero clones. Bipcoin and two more Monero light. Try to find link yourself and $40 millions ICO Electroneum.  They have lots of money hire developers, question is if they are capable to lead them at all. Also since they are a company not sure how they will be able to handle opensource Monero code.  You cant take opensource code and then modify and keep it secret.

What the fuck? I knew that Aeon was a coin that was already listed, but i have never know that this was a result of a fork of monero, oh my god, i never knew this, i am so surpirsed right now.
I mean, i didn't know that altcoins could have forks too, this is very interesting but it is very confusing at the same time. If i am not wrong, litecoin had some kind of forks on the past, but only on it's code, but i have never expected this from monero since it does not have a public code.

LOL Litecoin is a Bitcoin clone. So as few 100 others.  

[go4crypto]

Just going by the very low market cap of Sumokoin, I got invested in it. Easy to do a 10x on that.
With more and more coins with similar features, hard to know the best ones for sure so safer to
diversify.

[Romano40]

https://sludgefeed.com/monero-fork-sumokoin-sumo-re-branded/amp/

[Romano40]

https://m.youtube.com/watch?v=zopYs2AYwQo

[generalizethis]

Do either of them do anything differently from monero in a meaningful way?

I 've followed aeon in the past, but have no experience with sumocoin. Aeon was initially branded as a lightweight version of monero when smooth took over, but not sure if that has continued or has differentiated aeon enough to make an interesting argument for its use.

Stopped following aeon a few months back, so it may have changed a lot in that timeframe.

[Romano40]

What is Monero?

- Monero (symbol: XMR) is one of the most popular and valuable cryptocurrencies, famous for openness, active development and innovation. Monero has great support from a large user community and open-source developers. For more info, please visit its official website getmonero.org.


What are differences between Sumokoin vs Monero?

- Apart from the differences in total coin supply, emission scheme, block time etc. listed below, Sumokoin aims at stability while Monero gets breakthroughs via a series of hardforks (that may put some pressure on exchanges/payment services). It does not mean there won't be any hardfork in Sumokoin, but not in near future (probably not in years).


Monero   Sumokoin
Total supply:   Infinite - 18.4M in first 8 yrs     Infinite - 88.8M in first 20 yrs
Smallest currency unit:       piconero = 2-12 XMR     sumoshi = 2-9 SUMO
Emission scheme:   Smooth varying   "Camel" distribution
Block reward:   Adjusted at every block     Adjusted every 6-months 
Block time:   120 seconds   240 seconds
Wallet mnemonic seed:   25 words   26 words


- Sumokoin also has (slightly) different block size limit/growth and fee structure that would be more favorable for miners.

How about development path/team for Sumokoin?

Sumokoin wants to be a cryptocurrency that can be used easily by normal users, not only developers, so we'll focus on:

1. Developing GUI wallets for both desktop and mobile along with online wallet for beginners.

2. Working with payment gateways to make SUMO a viable cryptocurrency accepted widely among merchants.

3. Keeping improvement in coin security, untraceability and privacy.

Core developers:

- Sumoshi Tanaka

- Haruto Tanno

- Bill Aue

- Vu Quang

We hope more will join us shortly.


Why should I invest in Sumokoin?

1. Sumokoin was created with long-term vision in mind. The coin emission path is quite similar to Bitcoin with (majority of) coins to be distributed in 20 years.

2. Sumokoin has very high privacy settings that is suitable for all high confidential transactions as well as for value storage without being traced, monitored or identified. In the long run, we believe these characteristics will pay off as crypto attacks become more sophisticated with much greater computation power in future.

3. Sumokoin has good reservation for development and bases on Monero which is being very actively developed.


What do you do with premined coins?

- First of all, a project with decent premined coins in most of cases is a good sign of long-term commitment as long as the creators are not too greedy or short-sighted (or both). We set aside 10% premined coins in genesis block to reserve for future development and for maintenance of coin infrastructure (seednodes, websites/forum, tools etc.) and make sure the coin won't be under-developed or abandoned like many others.

- Part of reserved coins will be donated to The Monero Project and sponsor for its child projects which benefits Sumokoin like creating disposable/sub wallet addresses etc. (hopefully they are willing to accept donation in SUMO). The rest will be invested to internal projects as specified at "development path" section above.


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).

Is this coin Japan-based?

- No, with full respect to Satoshi Nakamoto and as our love to Japan's culture, this coin is named like Japanese but not try to be a Japan-based cryptocurrency. We hope Japanese will use it because of its features, not because of its name.




Donations

Core-dev donation address:

SUMO:

Code:
Address (OpenAlias): donate.sumokoin.org
Address (full): Sumoo64zh7dRFyB8dgDWZMLmzKBgGXYWZCG4NBF2VcvzEuiSQpMjyyiYJ1Ra696pZu56PPFQNBDdB1r ZjyeX1RVKeWZgHg7pTxj
Viewkey: 5ea8d3a31d3f3b81a8577f442e68458f456a5e3c59d4327bba9e9c9df881ed0a

All donations to core devs in the first year will be transferred to The Monero Project


Thank you!!!
Report to moderator 
Sumokoin = Privacy Without Compromise

[yokosan]

also Moreno he will be a fork? $ 200 can we see the price? fork when bitcoin is rising. In the same way at ETH. we are seeing positive developments. XMR short term investment can be done.?

[Germining]

I am a big fan of Sumokoin. They are about to release a subaddresses GUI in December and have an awesome roadmap.

They just testet 1$ and are on 80 to 90 cents today with a 100k volume on cryptopia.

Sumo will gain at least 10$ in 2018 I think!

[fredericos]

I am a big fan of Sumokoin. They are about to release a subaddresses GUI in December and have an awesome roadmap.

They just testet 1$ and are on 80 to 90 cents today with a 100k volume on cryptopia.

Sumo will gain at least 10$ in 2018 I think!

Yes, i agree.

Sumokoin is really cool

[Youghoor]

Aeon is an incredible coin, it made more than 30% today, i have some of them, but not too many.

Anyway, i really think that it can keep going up, i have $100 worth of AEON and i really think that it will probably be hitting more than $10 or $20 by next year.

But i dont know why Monero needed a fork, it is insane, i thought that forks were just for all those coins who needed to fix some things on their code's. It seems that i am wrong, but aeon is still a good coin, it has a good team behind too.

[aikklond]

sumokoin will be better I think. I don't know, but each of these kinds of projects saves time. high limit can be used in the process will be held confidential. 

[Cryptotpyrc]

Sumokoin is definitely a winner
-dedicated dev team
-solid true privacy coin which is basically improved Monero
-currently bellow $1
-low market cap with plenty of space to grow
-excellent easy to use wallet for Win/Mac
-mobile iOS/android wallet coming out soon
-more exchanges coming soon (the coin has been approved by all major exchanges bittrex/binance etc)
-has a chance to outperform Monero
-definitely 10x growth in the next few months
Don't miss this rear opportunity

[tuiputui]

I´ve being looking at both before.

Aeon is an old coin, it has been around for years and maybe i´m wrong but i´ve read somewhere it´s kind of a zombie coin (not active on development).
It´s in bittrex. Market cap is 45.000.000$. I noticed it has not much support in mining community.

Sumo is a young coin, it´s around just for a few months. Is active on development and team has a roadmap to complete + funds to achieve it (locked premine that will be accesible in future).
It´s in Cryptopia. Market cap is very low around 2.000.000$ (after late pump, used to be less!). It has quite a lot of support in mining community with more than 30 active pools and a stand-alone easy miner that everybody can use.

[yokosan]

both the fork and pumped the coin for the first time. I think the future will be very good. I promise you will make a lot in the first half of 2018. 

[Karto]

I have a feeling that AEON will be pumped by xmr gains..
it wont get too high, but it can go higher

[HitiinxMary]

What the fuck? I knew that Aeon was a coin that was already listed, but i have never know that this was a result of a fork of monero, oh my god, i never knew this, i am so surpirsed right now.
I mean, i didn't know that altcoins could have forks too, this is very interesting but it is very confusing at the same time. If i am not wrong, litecoin had some kind of forks on the past, but only on it's code, but i have never expected this from monero since it does not have a public code.

I think he mention other altcoin which have the same name to Aeon. 

[bitofc]

take a look on graft.network
a universal payment processing protocol, they do have some monero dev joined their team.