What is Sumokoin?
SUMOKOIN is forked of Monero created with a high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize (mixin) of 12 to conceal sources/amounts transferred and make it high resistance to blockchain analysis.
Besides, it follows Satoshi Nakamoto's vision of decentralized, trustless cryptocurrency, i.e. a secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus, and then recorded on the blockchain immutably. Third-parties do not need to be trusted to keep your SUMOKOIN safe.
Furthermore this coin is untraceable, sending and receiving addresses are encrypted, transacted amounts are obfuscated by default. Transactions on the SUMOKOIN blockchain cannot be linked to a particular user or real-world identity.
It is truly fungible, thanks to built-in privacy features. Just like cash, all SUMOKOIN are equal, changeable. It is extremely unlikely that coin will ever be blacklisted by any party due to its association in previous transactions.
Network:
Hash Rate: 21.49 MH/sec
Block Found: 2 minutes ago
Difficulty: 5157442479
Blockchain Height: 90371
**Market Cap: **
Total: $18,299,512 USD
Circulating Supply: 2,827,061 SUMO
Total Supply: 11,715,950 SUMO
Max Supply: 88,888,888 SUMO
What makes Sumokoin different from Monero?
Younger, therefore Sumokoin has no historic and more room to grow.
Sumo is more secure than monero, comes with built-in untraceable feature.
Ringsize is 12.
**
Roadmap:**
I believe privacy is more important than quantity of coins.
Agree with you @bikash-tutor.
let's share comments, vote, rewards!
Thank you for this informative post about Sumokoin, Really helpful and well written @cloudspyder
I will get involve mining it later during the year when the distribution of Sumokoin begins to ramp up. Currently focusing on getting a rig setup. Thanks.