The Dead Has Awoken:
If anybody here isnt familiar with the cannabiscoin story; this one is for the books, and encapsulates the high damages FUD can do to a developing project:
Long story short, a few years ago this novel idea for a cannabis industry related coin was incepted. The initial developments in scrypt at the time seemed like a dead end, so naturally the project ported to an x11 algorithm. In doing so a new batch of coins had to be created and coin holders, miners, etc. reimbursed. Now there were a few issues in this transition as a large number of coins werent claimed. A burn event transpired to null the unclaimed coins. This created an opportunity for FUDster's to take advantage and hyperbole the situation. One of the primary figures of this FUD campaing, James Dellay, was very persistent and integral to the deconstruction of cannabiscoin. Fueled by intentions to subvert competing projects for his investments in dopecoin. His FUD campaign worked, as investors retreated and the developer of CANN, d9 (deltanine) fell off the radar, and hasnt been heard from since..
Recently, within the last month, there has been a community revitalization effort to bring the dead back to life. One of the main reasons being branding. Cannabiscoin is too good of a name to pass up. Nobody in the industry is going to take potcoin, dopecoin, tokes, etc seriously, thats why the community felt the need to re-establish cannabiscoin. Nodes were setup geographically around the world, and hash power started coming in. Next the blockexplorer was rebuilt, which is an integral part to one of the third party layers one of the members has planned for the chain. Alas, the pot was stirred, and perhaps d9 took notice, as the official twitter account lays claim to efforts on relisting to poloniex.
https://twitter.com/CannabisCoins/status/860197649567186944
