Sumokoin to btcBTC-SUMO Sumokoin Exchange Buy/Sell Sumokoin with Bitcoin
The job was quite difficult; especially considering the coin was not a hard fork of Bitcoin. The wallet looks good and can be used by anyone. The team discussed every aspect of wallet and managed to keep it clutter free. They first released a beta version and reserved some of the features for the next wallet. The response they got from the community was encouraging, and they moved on to the next version. However, the wallet still needs some works as it has a few issues with some of the OS out there.
Part-time individuals, who also have a job they need to attend to, developed the coin. As a result, some delays were expected as they could only work on it during their free time. This was also done that the outcome was something good with no flaws. The development of Sumokoin was lengthy but worth it. The team felt quite optimistic about the coin they would release to the market. They were very thankful to the community that took part in the development of the coin and wallet.
Sumokoin offers true fungibility. This means that it acts in much the same way as physical cash. In short, it is impossible to trace where the coins are from and where they are headed. One of the biggest problems with bitcoin is that by using blockchain analysis software, anyone can be able to trace, with a degree of accuracy, the origin, and holder of coins.
This goes against the principals of Satoshi Nakamoto, who aimed to create a completely anonymous method of payment. There will be a total supply of 88,, SUMO coins.
The coins will be released over 20 years with , coins being released annually to cover for inflation. This will ensure that mining difficulty does not get out of hand, which is one of the major bottlenecks with Bitcoin. That means only 89 million coins will be made available to the community for mining in its first 20 years. E-mail is already registered on the site. Please use the Login form or enter another. You entered an incorrect username or password.
Karol January 28, About Sumokoin A while back, Sumokoin was launched to the crowded field of cryptocurrencies. Email Notifications. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.
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