Sumokoin

Overview of Sumokoin

  • Sumokoin (SUMO) is a Japanese (スモコイン) fork from the source code of Monero cryptocurreny, one of the most innovative digital coins which is well-known for security, privacy, untraceability and active development, therefore, naturally inheriting all of those great features, yet without the burden of its past.
  • Sumokoin (SUMO) is made considering an abnormal state of protection, setting Ring Confidential Transactions (RingCT) with least ringsize (mixin) of 12 to hide sources/sums exchanged and make it high protection from blockchain examination.
  • 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 uses Ring Confidential Transactions (RingCT) with a minimum ring size of 12 to ensure Sumokoin user transaction information (sources and amounts) and make the Sumokoin network resistant to blockchain-analysis attacks.
  • Sumokoin price Index provides the latest SUMO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Sumokoin is a privacy cryptocurrency forked from the Monero cryptocurrency officially launched by a team working out of Japan on May 7, 2017.
  • Sumokoin, among other 229 cryptocurrencies, has just been officially approved as a legally traded commodity by the Indonesian government!
  • Sumokoin is one of a number of rare cryptocurrencies with true fungibility – the feature makes digital currency act like physical cash i.e.
  • Sumokoin developers have announced that they are switching the coin to a slightly alternative algorithm – the CryptoNight Heavy.
  • Sumokoin’s market cap currently sits at $2,474,880.00 USD, holding up for a market cap rank at #1500.

    • Blockchain

    As Sumokoin is untraceable, sending and receiving addresses are encrypted, transacted amounts are obfuscated by default, and transactions on the SUMOKOIN blockchain cannot be linked to a particular user or real-world identity.

    Mine

    Network

    Individual accounts have a 26 word mnemonic seed displayed when created, which can be written down to back up the account and account files are encrypted with a passphrase to ensure they are worthless if stolen.Sumokoin utilizes the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured.

    Transactions

    2.In the long run, we believe these characteristics will pay off as crypto attacks become more sophisticated with much greater computation power in future.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.

    How to buy Sumokoin (SUMO) from above-listed exchanges?

    Step 1: Click on Buy Sumokoin (SUMO) from Exchange button.Step 2: You will be redirected to the exchange.Step 3: Sign up if you do not have an account with that exchange else log in.Step 4: See if the exchange support fiat currency or cryptocurrency or both.Step 5: Deposit the currency it supports and buy the currency you want.

    What do you think about the Sumokoin today?

    Let us know by clicking the given button.

    What hashing algorithm does Sumokoin use?

    Sumokoin is a proof of work (PoW) coin that uses the CryptoNight algorithm.

    Where can I get Sumokoin wallet?

    Sumokoin produces its own wallet software that is available for download on its website, which allows you to store Sumokoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    What coins are similar to Sumokoin?

    The following coins use Sumokoin’s CryptoNight algorithm and proof of work (PoW) proof-type: Monero, Bytecoin, Aeon, DigitalNote, Monero Classic, Infinitus Token, Karbo, Boolberry, Digital Insurance Token, BitNewChain, ZUM TOKEN, PluraCoin, UltraNote Coin, BitCoal and Transmute Protocol.

    How Many Sumokoin Coins Are There?

    There are currently 27,570,024 Sumokoin coins circulating out of a max supply of 88,888,888.

    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.

    What is Jenkins?

    Jenkins is a continuous integration/deployment web application built in Java.It is designed to run ‘something’ (usually tests to ensure the new code works and doesn’t break production) every time a developer commits code to a repository (Github being the most common).It then delivers that tested/working code to an environment such as a production AWS account.

    What is Sumokoin ?

    Sumokoin is an open-source cryptocurrency, which goal is to be private, untraceable, decentralised and fungible.By default all transactions use RingCT with a minimum ringsize of 12 to conceal sources/amounts transferred, as well as making the coin highly resistant to blockchain analysis.

    What else to consider before mining Sumokoin?

    Your approach towards picking out a wallet for your coins is vital, in a way, as that is where you’ll have access to your earnings and you want them to be safe.You can choose the type, depending on the characteristics and security levels.There are mobile, desktop, online, paper and hardware options available.We have looked at each in details here.

    What’s the best way to mine Sumokoin?

    The CryptoNight algorithm has changed with time.Now it can be mined both with graphics cards (GPUs) and with the new generation of miners – ASIC (Application Specific Integrated Circuit).In other words, if SUMO is your coin, mine it with ASICs.These machines are much more powerful when compared to GPUs and they are created to work faster with this particular algorithm.In combination with its relatively low power consumption and high hashrate, ASIC will be the most profitable choice for you when mining Sumokoin.

    How do I buy Sumokoin?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Sumokoin.

    What is Sumokoin?

    Sumokoin (????? in Japanese) is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development.

     
    Which Sumokoin Mining Hardware to buy?

    There are numerous variations of graphic cards, mining machines, configurations and so on.For Sumokoin we have made a table for you.

    What is Sumokoin?

    Sumokoin is a Proof of Stake cryptocurrency forked from Monero.It is a privacy-driven cryptocurrency in which Ring Confidential Transactions (RingCT) are eliminated and the minimum transaction mixins is set to 12, thus providing a truely fungible cryptocurrency.

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    What is the Reddit page for Sumokoin?

    The official Reddit community (subreddit) for Sumokoin is r/sumokoin.

    What do you need to start mining Sumokoin?

    When you think about it, the minimum to start mining at all is the hardware.Followed by knowing how to configure it and finding the proper Sumokoin mining software to execute the process.Since we’re talking about obtaining online money, a reliable internet connection and proper configuration are essential for the mining process.What else is connected to the money? That’s right – a wallet.That is all, when it comes to the basics.

    How do I mine Sumokoin?

    Sumokoin can be mined using specialized mining software.XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards.CCMiner is another popular mining tool for computers with NVIDIA graphics cards.In addition to having mining software, you will need a Sumokoin and access to a mining pool that pools your effort with other miners and a wallet to store the Sumokoin that you earn from mining.Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

    How to mine Sumokoin?

    After you started mining you should see your results (hash rate, total hashes submitted and number of valid shares accepted by the pool).You should also see your results in your mining pool statistics.

    How to Mine the New Monero?

    It is already certain that the new Cast XMR version 0.9.2 supports Cryptonight V7, so you can use it to mine after the fork.According to the devs, the new version shows some interesting hashrate for the AMD Radeon RX Vega GPU series when using 18.3.4 Adrenaline drivers.

    What Is Sumokoin's Price Today?

    Sumokoin (SUMO) is trading at $0.08977 USD, increasing by 7.04% since yesterday.Sumokoin has traded $36,134 USD in the last 24 hours.

    What is the value of Sumokoin?

    One Sumokoin (SUMO) is currently worth $0.09 on major cryptocurrency exchanges.You can also exchange one Sumokoin for 0.00000155 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Sumokoin in U.S.dollars is $2.43 million.

    What is Sumokoin?

    Sumokoin is a cryptocurrency of secure, privacy, untraceability and fungibility for value storage and high-confidential transactions.

    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.

    Why to mine Sumokoin?

    Sumokoin has untraceable transactions feature, thanks to the encrypted addresses it uses – the RingCT (Ring Confidential Transactions).The team behind the coin is setting the transactions minimum to 12 mixings.This way they make the blockchain resistant to attacks.Bear in mind, that this is not optional, it is built in.That makes the link between a transaction and your real identity impossible.SUMO follows the principles of a trustless and decentralized, secure network of people.It is backed up by the peer-to-peer consensus as well.Interesting feature worth looking at is the 26-word SEED which you should write down when you create your account.The SEED encrypts your account and the associated files with a passphrase which makes them worthless if they are stolen.SUMO is completely compatible and exchangeable.It can act as physical cash.Being blacklisted is out of the picture.This young crypto coin is definitely worth looking at.

    History of Sumokoin