Sumokoin is a privacy cryptocurrency forked from the Monero cryptocurrency officially launched by a team working out of Japan on May 7, 2017. Sumokoin uses Ring Confidential Transactions (RingCT) with a minimum ring size of 12 to ensure Sumokoin user transaction information (sources and amounts) and make the Sumokoin network resistant to blockchain-analysis attacks. The Sumokoin network uses a CryptoNight Proof-of-Work (PoW) consensus mechanism. Every Sumokoin transaction is cryptographically secured using a 26 word mnemonic seed.
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