Sumokoin official website development path stated that the sumokoin lite or web wallet will become available first half of 2018. With the lite or web wallet, sumokoin transfer comes more handy. The lite wallet will be available online on March 31, 2018 from 12:00 AM - 11:59 PM.
What is Sumokoin?
Sumokoin is a forked of monero that promotes privacy, traceability, decentralized & fungibility.
Privacy
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.
