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 994
Price $0.0236
Market Capitalization $231 811
24 Hours Volume $1 192
Available Supply 9 841 728 SUMO
Max Supply 88 888 888 SUMO
Change (1 Hour) -0.23%
Change (24 Hours) -1.81%
Change (7 Days) -6.54%
Cryptocurrency News
February 19th, 2019

In this guest post, Max Hasselhoff, integration engineer from Bytecoin and long-standing crypto enthusiast, presents series 3 of Max’s Corner, in which he takes a look at some of the biggest stories happening in sphere of crypto adoption and tech growth.

February 19th, 2019

The head of Japanese SBI Holdings strongly believes that thanks to its use cases XRP will surpass Bitcoin in the nearest future.

February 19th, 2019

Crypto markets show a major recovery adding $10 billion on Tuesday with Bitcoin approaching $4000. EOS becomes the steals the show with over 20% gains.

February 19th, 2019

Grayscale revealed that Bitcoin products were invested in most, with 66 percent of inflows received from institutional investors.

February 19th, 2019

The crypto winter is not a reason to lose hope. Tim Draper strongly believes that the era of fiat currencies ends in 5 years.

February 19th, 2019

The new Multi-Signature technology aims to enhance the performance of the Bitcoin network by reducing transaction size and enhancing user privacy.

February 19th, 2019

In case the previous high of $161 price level is breached by the bulls, Ethereum price may have its target at $194 supply zone. On the other hand, should the bears defend the $161 price level; ETH price will fall towards $134 – $117 price level.

February 18th, 2019

The alleged creator of the world’s first cryptocurrency, Dr Craig Wright ignites the fierce competition between Bitcoin and Ethereum blockchain making his contribution to the CFTC’s callout.

February 18th, 2019

Moyee Coffee is going to make all procedures of in the coffee production industry more transparent using blockchain.

February 18th, 2019

The overall cryptocurrency market posts steady recover on Monday with Ethereum taking the lead by surging over 10%. Take a look if today’s surge sets up the base for the long term recovery.