Bitcoin Forum
June 25, 2024, 01:13:19 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: May 11, 2015, 02:19:12 PM
Oh my!!!! Is this right?  I truly thought that the total supply would be 420M.  I will update my article on CANN and change it to 92M.  My bad guys!!

Yeah its 92m, you might have gotten it confused with Potcoin which is 420Million coins. Easy mistake

Since you both seem to be a little uncertain about the history here, CANN did start with an initial total supply that was to be 420 million before the hardfork and when it first released. The dev made the decision to switch from scrypto to X11 and reduced the number to something like 120 millionish, cant exactly remember...the info is unknown because there is no pre-X11 blockchain or records of these changes. A few months after the X11 hardfork a 21 million coin premine was discovered by "astute observers" which reduced the coins supply even further to an estimated 92 million coins. The difinitive total isnt exactly known and at this point and I dont think anyone really cares about exact details around here.

If you want more info, read this: http://cointelegraph.com/news/112809/the-full-story-of-cannabiscoins-premine-burn

Quote from: YESWECANN
Everything about the coin is decentralized and transparent.

YESWECANN, you're having a conversation and then deleting the persons posts only leaving yours? Your making things a constant one sided conversation and your statement quoted above is in fact not true.

During the first few months of the project the dev himself was in central control over over 21 million pre-mined coins(this is over 1/5 the total supply of CANN) all while the community was completely unaware, read the article. These type of "forgotten" details dont imply accountability or transparency in anyway and most certainly impact the "decentralized" nature this network.  Lets get this straight, the information about a premine was not made public until someone else OUTSIDE of CANN pointed it out and made the dev accountable for his own either mistakes or wrongdoings. If you or the team are not willing to be accountable for items like this who will and when?

PS. You're still making it confusing to know who is speaking when you have a conversation, care to sign your messages YESWECANN? Simply your putting your alternative bitcointalk usernames will help immensely with the confusion.


Thanks for the info
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: May 07, 2015, 01:24:55 AM
Hey everyone

I am new to the forum, but I love cannabis, crypto currencies and Cannabiscoin.  At Zip 420 we believe that it is time to regulate cannabis worldwide and that Cannabiscoin will be a part of it.  Zip 420 will do everything that we can to promote Cannabiscoin and we are always open to ideas or suggestions.  

Regards
Zip 420 - All About Cannabis

Cool !  Hey man just wanted to let you know your article on CANN total supply is incorrect , it is 92M not 420M .


Oh my!!!! Is this right?  I truly thought that the total supply would be 420M.  I will update my article on CANN and change it to 92M.  My bad guys!!

3  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.10.1 has been released on: May 01, 2015, 09:09:30 AM
Awesome, will have to upgrade soon  Wink
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions on: May 01, 2015, 08:59:30 AM
Hey everyone

I am new to the forum, but I love cannabis, crypto currencies and Cannabiscoin.  At Zip 420 we believe that it is time to regulate cannabis worldwide and that Cannabiscoin will be a part of it.  Zip 420 will do everything that we can to promote Cannabiscoin and we are always open to ideas or suggestions. 

Regards
Zip 420 - All About Cannabis
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!