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Author Topic: Sumokoin - low cap privacy coin  (Read 830 times)
swissgang
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December 23, 2017, 07:48:55 AM
 #21

It is a good coin but I cannot see the team on their website, I only invest in this coin if I am sure about the team.

marcellinuswiray
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December 23, 2017, 09:47:42 AM
 #22

wow buy order increase 100 % from 6 btc to 12 btc  Shocked

pey
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December 23, 2017, 10:24:55 AM
 #23

I am going to buy sumokoin once it dumps, being listed on cryptopia and livecoin shows that the team is serious on their project because it requires lots of money to be listed there.

Shitcointalk
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December 24, 2017, 05:01:31 AM
 #24

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Yes, it is a monero fork. You can find every infos about SumoKoin on their ANN topic:
https://bitcointalk.org/index.php?topic=1905086.0


It is a good coin but I cannot see the team on their website, I only invest in this coin if I am sure about the team.

Here is from their ANN topic again:

Core developers:

- Sumoshi Tanaka
- Haruto Tanno
- Bill Aue
- Vu Quang


xiaba
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December 31, 2017, 07:09:02 AM
 #25

both sumo and xspec need more marketplace,let more pepole know it.
tuiputui
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December 31, 2017, 12:57:42 PM
 #26

Sumo is still the most undervauled coin despite the tech is clearly good and the team is delivering...
The problem is the marketing, they don´t seems to have funds to pay it or to list on more exchanges (entry the big ones is terrible expensive this days). But around July 18 the first premine with 650.000 sumo is unlcoked, that will let them pay for many of this things. Rising in crypto this days requires a lot of money.. That´s why everybody is on ICO or hardforks.... Sumo is still small but growing steady, like the good old projects.

https://ibb.co/hyoUpw

https://cryptocannibal.com/2017/12/28/the-massive-value-prop-of-sumokoin-a-corporate-lawyers-analysis/
oddsig
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January 01, 2018, 07:59:25 PM
Last edit: January 01, 2018, 09:35:22 PM by oddsig
 #27

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Yes, it is a monero fork. You can find every infos about SumoKoin on their ANN topic:
https://bitcointalk.org/index.php?topic=1905086.0


It is a good coin but I cannot see the team on their website, I only invest in this coin if I am sure about the team.

Here is from their ANN topic again:

Core developers:

- Sumoshi Tanaka
- Haruto Tanno
- Bill Aue
- Vu Quang




Sumoshi and Haruto stays in the background, but are on Git (https://github.com/sumoprojects/sumokoin/ ). Bill drops by Telegram(https://t.me/joinchat/F8RH2kPmFCnA-igHBKSCAA) from time to time, and Vu is there often. Vu also has a Twitter account.  Hope it helps you in some way. Anyone can make fancy presentations on a website.
h0g0f0g0
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January 01, 2018, 08:49:24 PM
 #28

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Privacy is most important feature of course. But this coin has a very good community that builds up my trust in the future of the coin and amazing team that sticks to the schedule. Nothing you can see with other coins. The potential is still hidden as it may easily replace BCN/XMR/AEON thanks to huge support and market interest in priv coins. Lots of tools released from dev team and community implementing new features and fixing issues. I haven't seen such a nice project in years.
Inkognito222
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January 04, 2018, 06:35:57 PM
 #29

If you need privacy coin,you need buy Spectrecoin (XSPEC). This is most anonymous coin with  fully integrated Tor+OBFS4
obit33
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January 04, 2018, 07:37:08 PM
 #30

If you need privacy coin,you need buy Spectrecoin (XSPEC). This is most anonymous coin with  fully integrated Tor+OBFS4


Nope, it's not a privacy-coin, it has a rich list... one can search in the blockchain, so it's not anonymous at all. When you send me XSPEC, I can take your address, look up in the block explorer how much XSPEC there are in your account, with whom you transacted, etc... so totally not private/anonymous
https://chainz.cryptoid.info/xspec/#!rich


obit33
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January 04, 2018, 07:40:50 PM
 #31

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Privacy is most important feature of course. But this coin has a very good community that builds up my trust in the future of the coin and amazing team that sticks to the schedule. Nothing you can see with other coins. The potential is still hidden as it may easily replace BCN/XMR/AEON thanks to huge support and market interest in priv coins. Lots of tools released from dev team and community implementing new features and fixing issues. I haven't seen such a nice project in years.

lol, sumokoin is a cheap clone of monero with a 10% premine which can be detrimental for privacy since one entity has lots of the output that are used for the ring signatures... It has no devteam whatsoever (4 people never heard of), no cryptographers doing scientific research, no community, no usecase, no nada... it's just a cheap moneygrab with the devs taking a huuuuge portion for themselves (10%).

I'd stay away if I were you, it has nothing over monero, best to stay with the real deal...
coinsontheroad
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January 04, 2018, 07:46:38 PM
 #32

The thing is, there are SO many privacy coins. How many can we have? How many will succeed? Certainly not all of them.

Correct me if I'm wrong, but isn't Zcash the most secure because of zk-SNARKS? My understanding is that there is no privacy coin in existence that can compete with it.

mwinter
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January 04, 2018, 08:13:17 PM
 #33

Might be an interesting coin, and still very mineable with decent hardware.
obit33
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January 04, 2018, 08:18:47 PM
 #34

The thing is, there are SO many privacy coins. How many can we have? How many will succeed? Certainly not all of them.

Correct me if I'm wrong, but isn't Zcash the most secure because of zk-SNARKS? My understanding is that there is no privacy coin in existence that can compete with it.

Monero is the king at the moment. Zcash has problems because of optional privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.html

there's a reason xmr is the new chosen currency on the DNM's....

tuiputui
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January 04, 2018, 08:41:02 PM
 #35

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Privacy is most important feature of course. But this coin has a very good community that builds up my trust in the future of the coin and amazing team that sticks to the schedule. Nothing you can see with other coins. The potential is still hidden as it may easily replace BCN/XMR/AEON thanks to huge support and market interest in priv coins. Lots of tools released from dev team and community implementing new features and fixing issues. I haven't seen such a nice project in years.

lol, sumokoin is a cheap clone of monero with a 10% premine which can be detrimental for privacy since one entity has lots of the output that are used for the ring signatures... It has no devteam whatsoever (4 people never heard of), no cryptographers doing scientific research, no community, no usecase, no nada... it's just a cheap moneygrab with the devs taking a huuuuge portion for themselves (10%).

I'd stay away if I were you, it has nothing over monero, best to stay with the real deal...

lol, monero is a cheap clone of bytecoin
with a community based team that needed 3 years to get the mcap that sumo has in 6 months
coinsontheroad
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January 04, 2018, 10:04:14 PM
 #36

The thing is, there are SO many privacy coins. How many can we have? How many will succeed? Certainly not all of them.

Correct me if I'm wrong, but isn't Zcash the most secure because of zk-SNARKS? My understanding is that there is no privacy coin in existence that can compete with it.

Monero is the king at the moment. Zcash has problems because of optional privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.html

there's a reason xmr is the new chosen currency on the DNM's....



Thanks for that link. Very educational read.

obit33
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January 04, 2018, 10:08:15 PM
 #37

lol, monero is a cheap clone of bytecoin [/b]with a community based team that needed 3 years to get the mcap that sumo has in 6 months

Ah yes, because marketcap is a measure of level of privacy... Maybe let's talk about utility... any place where sumo has some actual utility?

You must be very new in this space, yes?

not sure what is wrong with communitybased... have you heard of bitcoin? the oldest and most valuable crypto?

monero forked from bytecoin because the latter was an obvious scam with an 82% premine they tried to hide...

JCM
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January 04, 2018, 11:04:15 PM
 #38

Why is SumoKoin not listed with WorldCoinIndex?
AshCoins
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January 05, 2018, 05:51:53 AM
 #39

This coin was a fork of Monero, am i right or not? Please correct me if i am not right.

Anyway, why you think that this will make a x10? are there any reasons behind that idea? There are already a lot of privacy coins. Like pivx, deeponion, zcash, and a few more.


Privacy is most important feature of course. But this coin has a very good community that builds up my trust in the future of the coin and amazing team that sticks to the schedule. Nothing you can see with other coins. The potential is still hidden as it may easily replace BCN/XMR/AEON thanks to huge support and market interest in priv coins. Lots of tools released from dev team and community implementing new features and fixing issues. I haven't seen such a nice project in years.

lol, sumokoin is a cheap clone of monero with a 10% premine which can be detrimental for privacy since one entity has lots of the output that are used for the ring signatures... It has no devteam whatsoever (4 people never heard of), no cryptographers doing scientific research, no community, no usecase, no nada... it's just a cheap moneygrab with the devs taking a huuuuge portion for themselves (10%).

I'd stay away if I were you, it has nothing over monero, best to stay with the real deal...

Good luck with your one man campaign against sumo posting the same crap in various threads.  If you actually devoted the slightest effort to researching sumo you would see the super quick development of the past few months and a passionate growing community.
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January 05, 2018, 07:40:16 AM
 #40

Might be an interesting coin, and still very mineable with decent hardware.
I also watched over sumokoin for a long time. I also invested in it and gained a lot of profit when it was trading on commercial sites. Sumokoin is a prominent private money security for investors. In the past few years, it has risen sharply and is now stable.

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