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SUMOKOIN is a privacy focused cryptocurrency and it 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 Nakamotos 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.
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