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Sumokoin (SUMO) is a digital currency used for highly confidential transactions, which is privacy-protecting, untraceable, decentralized, and reliable. Sumokoin was created with a high degree of privacy, using Ring Confidential (RingCT) technology to enable untraceable private transactions, making it highly resistant to blockchain analysis.
True fungibility: Sumokoin mining is one of the few rare cryptocurrencies with true fungibility – a feature that makes digital currencies behave like physical cash, i.e. no one else can find the source of the money and the amount of money transferred.
The high degree of privacy: Sumo miner was created with a high degree of privacy in mind, setting the minimum ring size of Ring Ring Transactions (RingCT) to 12 (+1) to hide the source/amount transmitted and make it highly resistant to blockchain analytics attacks
Strong security: Mining sumo utilizes the power of a distributed peer-to-peer consensus network where every transaction is protected by cryptocurrency. A single account is created with a 26-word mnemonic seed that can be written down to back up the account, and account files are cryptographically cryptographed with cryptocurrency to ensure they are not compromised.
Sumokoin (スモイイン in Japanese) is a branch of Monero, one of the most respected cryptocurrencies, known for its security, privacy, untraceability, and positive developments. Starting as an educational project, we found that it would be great to create a high secrecy level moving right away to a new coin
Ring Confidential Transactions (RingCT)
Setting a minimum transaction mix to 12 would make it highly resistant to blockchain analytics attacks.
As such, Sumokoin is a new Monero with no legacy and is one of the few truly alternative cryptocurrencies on the market.
