Sumokoin (SUMO)

Sumokoin is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by moving forward right away to Ring Confidential Transactions (RingCT), setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks. Sumokoin, therefore, is a new Monero without its legacy, a truely fungible cryptocurrency among just a few ones in the market. SUMOKOIN is 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 SUMOKOIN 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. SUMOKOIN 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. SUMOKOIN 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.
Rank 975
Price $0.0755
Market Capitalization $615 912
24 Hours Volume $79 916
Available Supply 8 159 981 SUMO
Max Supply 88 888 888 SUMO
Change (1 Hour) 2.92%
Change (24 Hours) -0.05%
Change (7 Days) -20.23%
Cryptocurrency News
November 15th, 2018

New York Digital Investment Group has recently become the 14th company to be granted with BitLicense by the NYDFS.

November 15th, 2018

The major crypto continues falling on Thursday, trading at around $5,768, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

November 15th, 2018

Here’s a look into some of the possibilities post the BCH hard fork and what can happen if Bitcoin SV manages to occupy the majority hash power. Put your seat-belts ON.

November 15th, 2018

According to Mike McDonald, MKR.tools creator, almost 1 percent of the total Ethereum supply (about 1 million Ethereum) is currently locked in MakerDAO smart contracts.

November 15th, 2018

After working for some months on two blockchains simultaneously, Kik has taken a decision to stop building on Ethereum and to work with Stellar only.

November 15th, 2018

Craig Wright, the man claims to be the real Satoshi Nakamoto and pseudonymous creator of Bitcoin, has threatened to crash the price of ‘his’ headline cryptocurrency if miners support the Bitcoin Cash ABC project in the upcoming fork.

November 15th, 2018

The strong bearish candle that broke down the demand levels of $0.25 and $0.23 and closed below the dynamic support and resistance is an indication that downtrend movements in Stellar price may continue.

November 15th, 2018

The bloodbath in the cryptocurrency market saw almost all of the top ten cryptocurrencies losing 10-12% of its price in a single day. Overall market cap dropped by $28 billion.

November 15th, 2018

IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector.

November 14th, 2018

Cryptocurrency scams stand up on a new level as nowadays the biggest industry players are caught into a trap of the frequent Bitcoin frauds.