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.
Newton aims to create a new kind of economy - the community economy - by building blockchain infrastructure to enable freer, fairer transactions by anyone in the world. At the foundation is our NewChain blockchain and related technologies, with one primary chain and multiple subchains to ensure a high TPS. On top of that we offer infrastructure for smart contracts, IoT, AI, logistics, insurance, and a suite of apps for payment, retail, agriculture, and much more.