Sumokoin (SUMO) is a cryptocurrency. Users are able to generate SUMO through the process of mining. Sumokoin has a current supply of 18,978,669 SUMO with 10,089,780 SUMO in circulation. The last known price of Sumokoin is $0.027770 USD and is down 0.66% over the last 24 hours. It is currently trading on 4 active market(s) with $1,374 USD traded over the last 24 hours.
SUMOKOIN is created with a high level of privacy in mind, setting Ring Confidential Transactions (RingCT) with minimum ringsize of 49 (48 mixings) 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.
Sumokoin is listed on various exchanges, independent platforms where you can trade (buy and sell) your coins. Depending on the exchange, there is a wide variety of trading pairs, both with other cryptocurrencies (BTC, ETH, LTC, DOGE, etc) and with various fiat currencies (USD, EUR). This list is susceptible to evolve as Sumokoin gets progressively added to more exchanges.
This is a development roadmap suggested by developers but can be changed to reflect (new) project targets and dev vision. Implementation timelines are not fixed and subjected to actual development resources.
For the bleeding edge (possibly unstable) features, just grab source code from Github page and follow the guide to compile it. Sumokoin will change its PoW algorithm and become ASIC resistant.A Web based wallet will be developed. New GUI Miner compatible with the new PoW algorithm they will use. The Wallet will be coded in pure C++, revmap in both UI and functionality (GUI and LITE will be in one UI).
Tips for securely storing your SUMOKOIN
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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