Sumokoin Whitepaper

Abstract

Digital Cash For Highly-Confidential Transactions
Private • Untraceable • Decentralized • Fungible

Private
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

Untraceable
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.

Decentralized
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.

Fungible
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 Website
Sumokoin Whitepaper

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