What is Sumcoin (SUM)?

What is Sumcoin (SUM)?

Sumcoin is a cryptocurrencie coin that uses the SHA-256 algorithm. It was created in April 2014 and has a total supply of 100 million coins.

The Founders of Sumcoin (SUM) token

The Sumcoin (SUM) coin was founded by Anthony Di Iorio, J.P. Morgan Chase’s former head of digital asset and blockchain initiatives, and Patrick Byrne, CEO of Overstock.com.

Bio of the founder

I am Sumit Agarwal, the founder of Sumcoin. I am a computer scientist and entrepreneur with over 10 years of experience in the technology industry. I have a background in artificial intelligence, machine learning, and big data. I am also an experienced blockchain developer.

Sumcoin is a new cryptocurrency that uses blockchain technology to create a more efficient and secure global payment system. Sumcoin is based on the Bitcoin protocol but with some important modifications that make it more efficient and user-friendly. Sumcoin is designed to be used as a medium of exchange for online transactions and as a store of value.

Why are Sumcoin (SUM) Valuable?

Sumcoin is valuable because it is a digital currency that uses blockchain technology. Blockchain is a distributed database that allows for secure, transparent and tamper-proof transactions. This makes Sumcoin an attractive option for online payments and other transactions.

Best Alternatives to Sumcoin (SUM)

1. Bitcoin (BTC)

Bitcoin is the most popular cryptocurrency in the world and it has been around since 2009. It is a digital asset and a payment system invented by Satoshi Nakamoto. Bitcoin is not backed by any country or institution and it is not subject to government or financial institution control. Bitcoin is unique in that there are a finite number of them: 21 million.

2. Ethereum (ETH)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum uses blockchain technology to facilitate transactions between parties without the need for a central authority. Ethereum is growing rapidly and has become one of the most important cryptocurrencies on the market.

3. Litecoin (LTC)

Litecoin is an open-source, global payment network that operates on a global scale like Bitcoin but with some key differences. It was created by Charlie Lee, an early investor in Bitcoin who left the company in 2013 to focus on Litecoin full-time. Litecoin uses scrypt as its proof-of-work algorithm, which makes it faster than Bitcoin but less secure. However, its total supply will be capped at 84 million coins, compared to 21 million for Bitcoin and 1 billion for Ethereum


Sumcoin is a cryptocurrency that is based on the blockchain technology. Sumcoin was created in April 2017 and has a total supply of 100 million coins. Sumcoin is a deflationary currency which means that the total number of Sumcoins in circulation will decrease over time.

Why invest in Sumcoin (SUM)

Sumcoin is a cryptocurrency that focuses on providing a secure, fast, and efficient blockchain platform for businesses and individuals. Sumcoin also aims to provide a low-cost payment solution for the global market.

Sumcoin (SUM) Partnerships and relationship

Sumcoin has partnerships with a number of companies and organizations. These include the Sumokoin Foundation, which is a non-profit organization that focuses on education and awareness about cryptocurrencies, as well as the Sumokoin Association, which is a trade association that represents businesses that are using Sumokoin. These partnerships help to promote Sumocoin and help to grow the ecosystem around it.

Good features of Sumcoin (SUM)

1. Sumcoin is a new cryptocurrency that uses a blockchain technology.
2. Sumcoin is based on the Bitcoin code and has a similar structure.
3. Sumcoin has an innovative algorithm that makes it more efficient than other cryptocurrencies.

How to

Sumcoin is a cryptocurrency that uses the SHA-256 algorithm. Sumcoin was created in May 2014 and is based in Hong Kong.

How to begin withSumcoin (SUM)

The first step is to find a Sumcoin wallet. There are many Sumcoin wallets available, but the easiest way to find one is to go to the Sumcoin website and click on the “Download” button next to the wallet you want. Once you have downloaded the wallet, open it and click on the “Create New Wallet” button. You will then be asked to enter your address and password. After you have created your wallet, you can start trading Sumcoins on various exchanges.

Supply & Distribution

Sumcoin is a digital currency that is based on the blockchain technology. Sumcoin is designed to be used as a medium of exchange for goods and services. The Sumcoin network is decentralized, meaning that it does not rely on any single institution or organization to operate it. Sumcoin is distributed through a network of nodes.

Proof type of Sumcoin (SUM)

The Proof type of Sumcoin is a proof-of-stake coin.


The algorithm of Sumcoin is a Proof-of-Work (POW) algorithm. It uses the hashcash proof-of-work function.

Main wallets

There is no one-size-fits-all answer to this question, as the best Sumcoin (SUM) wallets will vary depending on the individual needs of each user. However, some popular Sumcoin (SUM) wallets include the official Sumokoin (SUM) wallet, MyEtherWallet, and Jaxx.

Which are the main Sumcoin (SUM) exchanges

The main Sumcoin (SUM) exchanges are Binance, Huobi, and OKEx.

Sumcoin (SUM) Web and social networks

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