Cannvas (OP)
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January 11, 2025, 01:11:56 AM |
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Canvas (CANN) - Empowering a Decentralized Future Introduction Canvas (CANN) is more than just a cryptocurrency; it’s a visionary step towards decentralized digital finance. Built on the SHA-256 Proof of Work (PoW) algorithm, Canvas provides a secure, transparent, and efficient blockchain ecosystem. Canvas aims to empower both individuals and businesses by delivering a sustainable and reliable financial solution. Through cutting-edge blockchain technology, Canvas ensures scalability, security, and long-term value for its users.
Vision Canvas strives to be a leader in the cryptocurrency industry by focusing on transparency, reliability, and user-centric innovation. We aim to create an ecosystem where users can confidently engage in secure transactions while contributing to the growth of a decentralized economy. Core Values: - Transparency: Clear communication and openness with all stakeholders.
- Security: Robust protection through the SHA-256 algorithm.
- Innovation: Commitment to evolving with the needs of the blockchain community.
- Community Focus: Building an informed and engaged user base through inclusive governance.
Technology Overview Algorithm: SHA-256 Proof of Work Blockchain Specifications:- Coin Name: Canvas (CANN)
- Coin Supply: 42,000,000 CANN
- Block Reward: 100 CANN
- Block Halving: Every 210,000 blocks
- Coinbase Maturity: 15 (+1 confirmation) blocks
- Target Spacing: 5 minutes
- Target Timespan: 10 minutes
- Transaction Confirmations: 6 blocks
Network Details:- RPC Port: 21223
- P2P Port: 21224
Coinomics Distribution Plan:- Mining Rewards: 70% (29,400,000 CANN)
- Development Fund: 10% (4,200,000 CANN)
- Marketing and Community Initiatives: 10% (4,200,000 CANN)
- Reserve Fund: 10% (4,200,000 CANN)
Annual Calculations: - 105,120 blocks per year × 100 CANN = 10,512,000 CANN distributed annually (before halving).
- Progressive reduction in new coin generation through halving events.
Roadmap 2025- Q1: Foundation and Launch
- Finalize and launch the Canvas blockchain.
- Release desktop and mobile wallets for iOS and Android.
- Conduct initial marketing campaigns targeting early adopters.
- Q2: Building Awareness
- Expand partnerships with blockchain platforms and financial services.
- Launch a staking program to incentivize participation.
- Host community-driven events, including webinars and airdrops.
- Q3: Ecosystem Development
- Introduce smart contract capabilities for DeFi integration.
- Begin integration with e-commerce platforms for token use cases.
- Publish detailed quarterly progress reports.
- Q4: Scaling Infrastructure
- Implement advanced wallet features like multi-signature and hardware support.
- Expand node infrastructure for greater scalability.
- Develop partnerships with businesses for real-world token applications.
Learn More
Conclusion Canvas (CANN) is here to set new benchmarks in blockchain technology. With its strong technical foundation, user-focused design, and commitment to transparency, Canvas is poised to redefine the cryptocurrency landscape. Join us on this journey to create a decentralized, secure, and innovative future. |
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sdnz
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January 11, 2025, 04:04:26 AM |
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It seems too boring as the algo is sha256d.
> - Launch a staking program to incentivize participation.
> - Introduce smart contract capabilities for DeFi integration.
Although it may be quite unique to see the goal of staking and smart contract supports.
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Cannvas (OP)
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January 11, 2025, 04:09:05 AM |
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It seems too boring as the algo is sha256d.
> - Launch a staking program to incentivize participation.
> - Introduce smart contract capabilities for DeFi integration.
Although it may be quite unique to see the goal of staking and smart contract supports.
Thank you for your feedback! While SHA256d may seem traditional, we believe it provides proven security and reliability. |
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markm
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January 11, 2025, 07:59:36 AM |
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Thank you for your feedback! While SHA256d may seem traditional, we believe it provides proven security and reliability.
Only while a majority of the world's SHA256d mining-power mines it. I saw no mention of merged mining, and some have argued that even with merged mining there remains some possibility that some of the miners might rebel as it were since it costs them almost nothing to merged mine it for evil rather than for good as it were - devote their merged mining power to double-spend etc. So maybe even better than merged mining if one wishes to enjoy the security provided by the vast power the world devotes to SHA256d mining might be to simply use bitcoin's blockchain to post checkpoints as it were, small proofs of the integrity of your own chain so far type of thing. You could still use SHA256d on the side so to speak but doing so could, if not done by merged mining, actually divert some of the world's SHA256d mining power rather than leave it securing the world's strongest SHA256d chain so that that chain (bitcoin's) is as strong as possible thus helping it make via some kind of checkpoints or proofs system your own chain secure. Basically proof of work is insanely expensive so it might best be re-used rather than attempting to duplicate it or divert computing power to more and more variations of it (scrypt etc etc etc). -MarkM- |
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Cannvas (OP)
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January 11, 2025, 08:02:37 AM |
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Thank you for your feedback! While SHA256d may seem traditional, we believe it provides proven security and reliability.
Only while a majority of the world's SHA256d mining-power mines it. I saw no mention of merged mining, and some have argued that even with merged mining there remains some possibility that some of the miners might rebel as it were since it costs them almost nothing to merged mine it for evil rather than for good as it were - devote their merged mining power to double-spend etc. So maybe even better than merged mining if one wishes to enjoy the security provided by the vast power the world devotes to SHA256d mining might be to simply use bitcoin's blockchain to post checkpoints as it were, small proofs of the integrity of your own chain so far type of thing. You could still use SHA256d on the side so to speak but doing so could, if not done by merged mining, actually divert some of the world's SHA256d mining power rather than leave it securing the world's strongest SHA256d chain so that that chain (bitcoin's) is as strong as possible thus helping it make via some kind of checkpoints or proofs system your own chain secure. -MarkM- Basically proof of work is insanely expensive so it might best be re-used rather than attempting to duplicate it or divert computing power to more and more variations of it (scrypt etc etc etc).Using Bitcoin's blockchain for checkpoints does sound like an interesting way to enhance the security of our chain without diverting SHA256d power. We are also considering other approaches, including merged mining, though your points about risks like double-spending are certainly important. We appreciate your ideas and will take them into account in our further development. |
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sdnz
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January 11, 2025, 08:51:43 AM |
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It seems the chain shows one drawback already of using sha256d (ASIC mining), preventing most miners from moving chains forward. Is there any way to improve the explorer to display blocks? https://explorer.mycanvasworld.com/It currently shows "1110 blocks" on the bottom but does not show block info. |
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Cannvas (OP)
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January 11, 2025, 09:01:52 AM |
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It seems the chain shows one drawback already of using sha256d (ASIC mining), preventing most miners from moving chains forward. Is there any way to improve the explorer to display blocks? https://explorer.mycanvasworld.com/It currently shows "1110 blocks" on the bottom but does not show block info. We are currently working on this. We apologize for the inconvenience. |
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Cannvas (OP)
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January 11, 2025, 07:52:18 PM |
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Changes will be released tomorrow morning. Thank you for your time!
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sdnz
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January 12, 2025, 03:17:29 AM |
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Changes will be released tomorrow morning. Thank you for your time!
Is there any changes for the blockchain or is it the explorer you meant new release tomorrow? |
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Cannvas (OP)
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January 12, 2025, 05:25:19 AM |
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Changes will be released tomorrow morning. Thank you for your time!
Is there any changes for the blockchain or is it the explorer you meant new release tomorrow? The release of the mining pool is delayed due to the large influx of people, and our team is unable to keep up. |
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zabuche
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January 12, 2025, 07:50:40 AM |
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A wallet for Mac please?
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Cannvas (OP)
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January 12, 2025, 07:54:00 AM |
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A wallet for Mac please?
Currently available only for Windows and Linux. |
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Domajor
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January 12, 2025, 08:30:23 PM |
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Lütfen bana ulaşınız.
please contact me
------------------------
Reply on telegram
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visibleplayer
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January 13, 2025, 07:33:13 AM |
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have anyone of you noticed there is backdoors  |
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Domajor
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January 14, 2025, 11:48:49 PM |
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Is the project owner dead? Pool service has been started, block production is available (there may be problems in block production; delays), there is no problem in coin transfer. If you are not dead, please contact me. If you are not dead, please contact me. ------------------------------------------------------- https://minorpool.com/?#Canvas -PPLNS https://minorpool.com/?#Canvas-S -SOLO I developed exporer for you, to help you. I don't know what else I can do http://expcanvas.minorpool.com/ - It is being updated, it will work normally tomorrow |
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