Sumokoin (スモコイン in Japanese) is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by (1) moving forward right away to Ring Confidential Transactions (RingCT), (2) setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks.
Based on the different governance concepts, the EOSC community has optimized the election mechanism of EOSIO, launched the EOSC mainnet at the genesis block height of one. Through persistently upgrading EOSC mainnet, which makes EOSC Network evolve toward the decentralized high-performance smart contract platform, establishing the basis for the mass implementation of crypto economy.