Premine will be no more in a while, turns out the dev is not a dirty little scammer 12.5 million less coins will be in circulation - which makes 1 CANN is more rare and therefore should mean more valuable I'd say now would be a good time to put some buy orders up  Edit: heh, now the CANN market is looking pretty bullish, hopefully we will see a nice steady increase to Cannabiscoin's true value There's still the remaining 7.3 million CANN that are not accounted for publicly. So far I've come across three original miners that redeemed large wallets (300-400k). Without some type of transparency to the distribution process that was used and the old blockchain, it won't be easy to track down those coins. 7.3 million coins distributed with no oversight and virtually no public accounting. This means Delta9 could be sitting on 5-6 million coins from the pre-mine. Uhh, what 7.3 million CANN has not been accounted for? Last I heard the supposed premine was 12.5mil which has all been accounted for. Delta9 is most likely not sitting on 5-6 million from the premine. The premine was 21.8 million CANN. 14.5 million have been accounted for. There's 7.3 million CANN not publicly accounted for. |
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Premine will be no more in a while, turns out the dev is not a dirty little scammer 12.5 million less coins will be in circulation - which makes 1 CANN is more rare and therefore should mean more valuable I'd say now would be a good time to put some buy orders up Edit: heh, now the CANN market is looking pretty bullish, hopefully we will see a nice steady increase to Cannabiscoin's true value There's still the remaining 7.3 million CANN that are not accounted for publicly. So far I've come across three original miners that redeemed large wallets (300-400k). Without some type of transparency to the distribution process that was used and the old blockchain, it won't be easy to track down those coins. 7.3 million coins distributed with no oversight and virtually no public accounting. This means Delta9 could be sitting on 5-6 million coins from the pre-mine. |
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So he's going to burn the coins and this premine non sense will all be over? Nice!
In that case I'm buying me some CANN
There's still the remaining 7.3 million CANN that are not accounted for publicly. So far I've come across three original miners that redeemed large wallets (300-400k). Without some type of transparency to the distribution process that was used and the old blockchain, it won't be easy to track down those coins. 7.3 million coins distributed with no oversight and virtually no public accounting. This means Delta9 could be sitting on 5-6 million coins from the pre-mine. It's all laid out right there in front of you: https://bitcointalk.org/index.php?topic=829975.msg9281789#msg9281789 |
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I'm going to sell Oct 19th. Pre-set dates always = dump.
https://bitcointalk.org/index.php?topic=661885.msg9180999#msg9180999I tried to help the real supporters of CANN. The market was being manipulated and not by myself. I didn't know 100% for sure that it was going to drop but I was pretty confident it was going to. I personally never wanted to sell my CANN but I had to make the tough decision and do it due to market manipulation. It doesn't really matter what you did though. Next year this coin is going to look like the most amazing investment ever getting in at 16K. I don't think FUD has much effect on a coins price. I bet it was the manipulation of the market by rich people that made the price go this high and drop 80% of its value. It's sad that not many people noticed the price manipulation with the event date. Some rich person used CANN. CANN supporters shouldn't have bought. No one was really explaining why not to buy. It was all about the moon on Oct 21st. The CANN community should have forced the whale to put more money into CANN or exit without a profit. What happened was CANN community members bought into CANN so that a rich whale could exit at a high value. If no body had bought, the whale would have sold low and then all the community members could have bought in and raised up the price organically to a higher value than CANN will reach after this whole mess. There wouldn't have been a dump and everyone would be happy except the price manipulating whale. The CANN team allied itself with pump and dumpers early on. They pushed tons of hype through this BCT thread in order to increase the price of this coin before the Oct 20th event. If you spent any time in the #cann IRC channel during the week leading up to October 20th, you would have seen King Ared and Urology talking about their 7+ BTC and 13+ BTC buy walls and how they were pumping the coin. Combine that with a twitter frenzy and you have yourself a classic pump. It was all right in front of you guys if you just did some research outside of the BCT thread. |
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you guys really been sitting and preparing this fud for that long ? shame on such nasty intentions
This information has been publicly available for over 4 months and many people asked DeltaNine to provide an audit and accounting of the 21.8 CANN premine. They were usually drowned out and called FUDsters. Contrary to what most people think, we didn't plan this. We didn't even investigate the blockchain until yesterday. The point of the blockchain is for transparency and clearly there has been no transparency. When we found out, we informed the CANN community and the BCT community immediately. A price drop ensued. The CANN team should perform a complete audit and provide transparency between the old blockchain and the new blockchain regarding the 21.8 million CANN. If they start destroying coins without a complete accounting of the distribution of the premined coins it could make the problem worse. |
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Please do not use CCEX or any other service for destroying coins! You can destroy coins for free and without trusting anyone by sending them to a provably unspendable address
As a trusted member of the community what would you suggest is the best and most public way of destroying said coins? I just finished writing this  https://bitcointalk.org/index.php?topic=831042.msg9286184#msg9286184The entire pre-mine should be accounted for before destroying any coins. |
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[21:15] <@DeltaNineDev> I will continue to due my findings of these 25 wallets in question: We are giving the person whos coins these are 2 weeks to claim them before we invalidate the addresses so they cannot be spent on the CANN network. [21:16] <@DeltaNineDev> do not due [21:16] == pollystripe [5c2bbcac@gateway/web/cgi-irc/kiwiirc.com/ip.92.43.188.172] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] [21:16] <amnesiac_> If they are invalidated what is the total coin supply then? [21:16] <@DeltaNineDev> 12.5m in those wallets [21:16] <@DeltaNineDev> those will be invalidated in the source [21:16] <Zoggy32> DeltaNineDev, I have a question. How are you able to invalidate coins on the network without the private keys? I assume this will require a new wallet [21:16] <@DeltaNineDev> yes No coins should be destroyed until there is complete transparency of all the pre-mined coins, not just those 12.5 million. |
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[21:15] <@DeltaNineDev> I will continue to due my findings of these 25 wallets in question: We are giving the person whos coins these are 2 weeks to claim them before we invalidate the addresses so they cannot be spent on the CANN network. [21:16] <@DeltaNineDev> do not due [21:16] == pollystripe [5c2bbcac@gateway/web/cgi-irc/kiwiirc.com/ip.92.43.188.172] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] [21:16] <amnesiac_> If they are invalidated what is the total coin supply then? [21:16] <@DeltaNineDev> 12.5m in those wallets [21:16] <@DeltaNineDev> those will be invalidated in the source [21:16] <Zoggy32> DeltaNineDev, I have a question. How are you able to invalidate coins on the network without the private keys? I assume this will require a new wallet [21:16] <@DeltaNineDev> yes What about the other questionable 8 million coins? https://bitcointalk.org/index.php?topic=829975.0 |
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Delta9 stated the wallets have 2 weeks before they are invalidated. Why are we still talking about it?
All of the coins should be accounted for before there's any destroying. |
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Well if this all gets cleared up we should consider leaving negative feedback to tokyopotato for spreading FUD just like first time when there was issue with wallet adresses.
He has been "solving" it by writing all over the forums that we have huge issue etc...now doing the same.
 You guys should thank us. |
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[CANN]Cannabis Coin Pre-Mine Transparency Discussion I’d like to have an open transparent discussion about the pre-mined coins behind Cannabis Coin (CANN). I believe the information below is in the best interest of all those investing in CANN as a cannabis crypto. Lets get to the facts. - CANN was originally launched as a scrypt based mining protocol/algorithm and shortly thereafter transitioned to X11 for fear of ASIC technology that may cause a negative impact to the fairness of mining scrypt. - CANN decided ‘it would it be a good sacrifice' to drop the blockchain altogether and completely re-launch. This required all miners to update their coins and trade them directly to the dev team for their new X11 coins. - The relaunch of CannabisCoin (CANN) contained a pre-mine block of 21,882,000 CANN located here: http://chainz.cryptoid.info/cann/block.dws?1.htm - 25+ addresses contain 500k coins EACH directly linked to the pre-mined address and still sit untouched over 130 days, creation date aprox June 12, 2014.. - All 25 wallet address were payed in single payments (500k coins) in short succession, block after block as a pre-pared and planned payment. This does not indicate a number of coins rewarded to miners as the redistribution program was intended for. Block #’s that publicly show this information of the wallets pushed 500k transactions: 9059,9065,9064,9070,9072,9075,9079,9083,9085,9085,9089,9089,9093,9095,9097,9099,9100,9100,9104,9104,9133,9135,9138,9138,9139,9139,9141,9144,248410,261076,261076, 246192 Here is block 9059 to get you started: https://chainz.cryptoid.info/cann/block.dws?9059.htm you can see these addresses in succession on the top 100 richest CANN addresses here: https://chainz.cryptoid.info/cann/#!rich (make sure to select top 100 addresses) The 500k wallets start at #22 all the way to #51. These are all linked directly to the pre-mine wallet address: https://chainz.cryptoid.info/cann/address.dws?CL2VEsNv5sEvQhUaVj3x13Ch8PJGgFgCyU.htmAgain, lets keep the discussion open and transparent followed by factual evidence. This thread is in no way directed to be FUD or rumors, this intended for public review by the community as to get some answers. It seems there is no information that I've been able to find regarding this transition and I'm sure there are other's would would like to know as well.    |
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There is no doubt some of the coins can be accounted for and the sooner all 21.8 million coins are accounted for, the sooner that DeltaNine and CANN community can put this behind them. We have not attacked Ty or his personal character whatsoever. DeltaNine has been asked many times by many people to provide accounting for the pre-mine which he failed to do and we believe he is obligated to do. We have searched far and wide for some type of accounting, including asking him about it many times. When we started looking at the blockchain, it became clear something was not right and there was never any public accounting for the 21.8 million coins. Those 12.5 million coins are not all of the unaccounted coins. If you delve further into the blockchan, you'll find many more 500k wallets that have had small transactions paid into them. The sooner all 21.8 million coins are accounted for, the sooner that DeltaNine and CANN community can put this behind them. |
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 ITS OK EVERYBODY CANNIBIS COIN DEV SAID THE 25+ wallets WITH 500K ARENT HIS OR HIS TEAM. NO WORRIES RIGHT Ah, no big deal then. Everyone can go back to not thinking of the 12,500,000 CANNs floating about the ether. So, we have lots of contradictory information here that DeltaNineDev has the opportunity to clear up for people. |
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[CANN]Cannabis Coin Pre-Mine Transparency Discussion I’d like to have an open transparent discussion about the pre-mined coins behind Cannabis Coin (CANN). I believe the information below is in the best interest of all those investing in CANN as a cannabis crypto. Lets get to the facts. - CANN was originally launched as a scrypt based mining protocol/algorithm and shortly thereafter transitioned to X11 for fear of ASIC technology that may cause a negative impact to the fairness of mining scrypt. - CANN decided ‘it would it be a good sacrifice' to drop the blockchain altogether and completely re-launch. This required all miners to update their coins and trade them directly to the dev team for their new X11 coins. - The reluach of CannabisCoin (CANN) contained a pre-mine block of 21,882,000 CANN located here: http://chainz.cryptoid.info/cann/block.dws?1.htm - 25+ addresses contain 500k coins EACH directly linked to the pre-mined address and still sit untouched over 130 days, creation date aprox June 12, 2014.. - All 25 wallet address were payed in single payments (500k coins) in short succession, block after block as a pre-pared and planned payment. This does not indicate a number of coins rewarded to miners as the redistribution program was intended for. Block #’s that publicly show this information of the wallets pushed 500k transactions: 9059,9065,9064,9070,9072,9075,9079,9083,9085,9085,9089,9089,9093,9095,9097,9099,9100,9100,9104,9104,9133,9135,9138,9138,9139,9139,9141,9144,248410,261076,261076, 246192 Here is block 9059 to get you started: https://chainz.cryptoid.info/cann/block.dws?9059.htm you can see these addresses in succession on the top 100 richest CANN addresses here: https://chainz.cryptoid.info/cann/#!rich (make sure to select top 100 addresses) The 500k wallets start at #22 all the way to #51. These are all linked directly to the pre-mine wallet address: https://chainz.cryptoid.info/cann/address.dws?CL2VEsNv5sEvQhUaVj3x13Ch8PJGgFgCyU.htmAgain, lets keep the discussion open and transparent followed by factual evidence. This thread is in no way directed to be FUD or rumors, this intended for public review by the community as to get some answers. It seems there is no information that I've been able to find regarding this transition and I'm sure there are other's would would like to know as well. DeltaNineDev, this is an opportunity to explain to your community why there exists 12.5+ million premined coins in 25 wallets even though you said you distributed them all to miners. |
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This is all that I've ever seen and he verifies those coins were paid out by him: |
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Why do you think they've pumped this shitcoin in the first place ? Ofc they would just dump the "post-mine"
the thing is none of that 12.5 mill was touched The thing is, there are private key(s) to those public addresses. |
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[CANN]Cannabis Coin Pre-Mine Transparency Discussion I’d like to have an open transparent discussion about the pre-mined coins behind Cannabis Coin (CANN). I believe the information below is in the best interest of all those investing in CANN as a cannabis crypto. Lets get to the facts. - CANN was originally launched as a scrypt based mining protocol/algorithm and shortly thereafter transitioned to X11 for fear of ASIC technology that may cause a negative impact to the fairness of mining scrypt. - CANN decided ‘it would it be a good sacrifice' to drop the blockchain altogether and completely re-launch. This required all miners to update their coins and trade them directly to the dev team for their new X11 coins. - The reluach of CannabisCoin (CANN) contained a pre-mine block of 21,882,000 CANN located here: http://chainz.cryptoid.info/cann/block.dws?1.htm - 25+ addresses contain 500k coins EACH directly linked to the pre-mined address and still sit untouched over 130 days, creation date aprox June 12, 2014.. - All 25 wallet address were payed in single payments (500k coins) in short succession, block after block as a pre-pared and planned payment. This does not indicate a number of coins rewarded to miners as the redistribution program was intended for. Block #’s that publicly show this information of the wallets pushed 500k transactions: 9059,9065,9064,9070,9072,9075,9079,9083,9085,9085,9089,9089,9093,9095,9097,9099,9100,9100,9104,9104,9133,9135,9138,9138,9139,9139,9141,9144,248410,261076,261076, 246192 Here is block 9059 to get you started: https://chainz.cryptoid.info/cann/block.dws?9059.htm you can see these addresses in succession on the top 100 richest CANN addresses here: https://chainz.cryptoid.info/cann/#!rich (make sure to select top 100 addresses) The 500k wallets start at #22 all the way to #51. These are all linked directly to the pre-mine wallet address: https://chainz.cryptoid.info/cann/address.dws?CL2VEsNv5sEvQhUaVj3x13Ch8PJGgFgCyU.htmAgain, lets keep the discussion open and transparent followed by factual evidence. This thread is in no way directed to be FUD or rumors, this intended for public review by the community as to get some answers. It seems there is no information that I've been able to find regarding this transition and I'm sure there are other's would would like to know as well. 0.o |
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premine on this coin? discuss plz
CCN is not an ICO, not premined. Announced Feb 19th 2014, launched with 0% pre-mine March 28th 2014 |
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I was interested in this post so I grabbed the first of the 500,00 addresses and drilled down into the transaction for that deposit and found that it hadnt been picked up by that address:
Outputs
Index Redeemed in Address Amount
0 Not yet redeemed CGcmQ2tYoNsw8gBSCXFpiNFp6R3dfN9Zdo 500,000.0 CANN
1 c145e1450aae... CWxQ99o5nBFKtNXKWLjjDmcNfodzJ2WU1K 19,621,583.352279 CANN
The others are the same. Which means the coins are sitting on the block chain and not in the wallet. Did they destroy these coins?
Good question. With a new wallet, these addresses could be invalidated if they are not legitimate. |
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