[ANN] Cannacoin (CCN) | PoW->PoSV | No premine | No IPO

[Cannacoin]

On December 9th 2014, Cannacoin Successfully transitioned to Proof-of-Stake at block 370,000
For people that are upgrading clients, make sure to re-download the blockchain databases when it asks you to.  If you experience any issues after this or any errors, click ignore on the errors and restart the client if you need.  It will sync with the blockchain just fine

Awesome Android Wallet for Bitcoin, Cannacoin, and more!

Cannacoin-Qt PoSV - Version 2.0.0.1

cannacoincanncannacoin	cannacoincanncannacoin	cannacoincanncannacoin	cannacoincanncannacoin

Facebook: CCNProject
Twitter: @CCNProject
Reddit: r/cannacoin

“The greatness of a man is not in how much wealth he acquires,
but in his integrity and his ability to affect those around him positively”
― Bob Marley

Development Team:

Lead Developer: SubCreative
Core Team: Rebphil (RIP Dec 2015), Patrick (Last Active 2014), hybridsole (Last Active Dec 2014), Busheezy (Last Active 2014)

Projects:
POS 2.0 update and testing: SubCreative, rebphil, Patrick
Cannapay: SubCreative, rebphil, rebphil, Bogus
Software QA: rebphil, bogus
NWGT.tv: SubCreative, Busheezy
TokeTalk.Net: Busheezy
Cannasino: El_Kabong, hybridsole
Public Relations and Social Media: Patrick, Alex, hybridsole

If you are interested in developing with us, please contact us here or team@cannacoin.cc

Release Date:
March 28th 2014

Proof-of-Stake Velocity Exchange Symbol: CCN Block Time: 60 Seconds Nominal Stake Interest: 2% Annually Min Transaction Fee: 0.0001 CCN Fees: Paid to miners Confirmations: 3 Maturity: 70. Min Stake Age: 8 Hours (45 day max age) Difficulty Retargeting: Every block. RPC Port: 7142 P2P Port: 7143 cannacoincanncannacoincannacoin Proof-of-Work (0% Premine, No ICO) Algorithm: Scrypt Block Time: 60 Seconds Block Reward: 12.5 Cannacoin Reward Halving: No Halving PoW Distribution: 4,625,000 Cannacoin. Exchange Ticker Symbol: CCN cannacoincannacoincanncannacoin Website: http://cannacoin.cc Reddit: /r/Cannacoin IRC Chat: #Cannacoin (Freenode) ##cannacoin addnode=194.135.88.193 Hosted by Bitnodes addnode=81.4.106.129 addnode=91.214.168.179 addnode=184.63.206.129 addnode=71.180.124.101 addnode=81.109.69.108 addnode=24.238.70.115 addnode=96.41.194.85 addnode=76.121.76.90 addnode=216.105.47.219 TheMultipool.com Cannacoin Multipool - http://themultipool.com/ http://bittrex.com/ please contact team@cannacoin.cc if you're interested in adding Cannacoin to your exchange! https://chainz.cryptoid.info/ccn/ Mannet: http://explorer.cannapay.io/ Testnet http://testexplorer.cannapay.io/

A group of cannabis enthusiasts working towards the future development of cryptocurrency applications related to cannabis production, seed production, extract production, glass blowing facilities, vaporizer and dab station manufacturing, cryptocurrency development, media platforms, and software development.

Spanish Translation

French Translation

Chinese Translation

Click Here to View Cannacoin Bitnode Stats (194.135.88.193)

[Cannacoin]

CCN = Cannacoin Community Network - Cannacoin, Cannashares, Cannapay, NWGT.tv, TokeTalk.Net, Cannacoin Store, and Hotbox710.com  

For some answers to commonly asked questions, see our FAQ and the follow-up replies.

1-844-CCN-DEVS - Call us anytime, you can reach us through extensions or by department.

ETA for New Algorithm transition - Block 370000

Cannacoin store:



Cannapay Beta Home:



Cannapay Beta web-wallet:



Cannapay.io Beta trade:



NWGT.org vBulletin integration:



TokeTalk.Net:



Hotbox710.com:

[ZacharyComstock]

is this like fifth weed coin? do we really need more of those?

oh, is this a relaunch?

[Magiklair]

kind of interesting. But there are a couple cannabis coins Already

[Cannacoin]

is this like fifth weed coin? do we really need more of those?

oh, is this a relaunch?

This is just a relaunch of our ANN that is now self moderated(the other wasnt), things we're getting out of hand over in the old post by trolls.  No relaunch of the coin, we've been live since March 28th :-)

[catecoco]

This is a self-moderated topic,nice job.dev.

[tokyopotato]

Thanks for re-opening a new ANN, self-moderated...

Anyone can get updates and ask questions and it will be addressed by the Cannacoin team. 

Cheers,
Patrick

[karlb187]

will look into this one and post updates. 

[a447513372]

goodcoin no premine

[tokyopotato]

The best part is that users don't need to download and run a Cannacoin client whatsoever. We've built a secure platform that hosts wallets (anonymously) and allows instant anonymous transactions.

Cannacoin is another way to give and receive

Here's a few ideas we've been floating around:

1) Cannacoin giveaway for NWGT

2) Anonymous fundraising for patients

3) Getting NWGT apparel and stickers on the Cannacoin store for people to be able to use CCN to acquire

[tokyopotato]

Cannacoin vBulletin integration:

As it stands the system is 100% optional and currently supports the following functionality:

Address generation (1 address per user)
https://i.imgur.com/smrv12E.png
https://i.imgur.com/IPkxjgj.png

Deposits, Withdraws & Balance (No limits & no fees)
https://i.imgur.com/Dzk71MY.png
https://i.imgur.com/71zw38d.png

Tipping via users profile -> about me
https://i.imgur.com/3AMt2jT.png

Tipping via user posts
https://i.imgur.com/JDm4jk3.png

We have plans to expand and refine upon this system and eventually release it to the public once we feel it's ready. We're hoping with this new platform users will start to harness the true potential in crypto as well as show some appreciate to user posts, campaign fundraisers or start crowdfunding projects etc. all via the VBulletin/NWGT Forums!

We're always open to suggestions if there's something you want to see, let us know!

[compmaster]

I think this coin should switch to x11+POW and then after a month go to x11+POS. All of the new coins hitting the market every day keep driving down price.

[fartbags]

I am 100% in favor of a switch to x11. I would be very sad if this switch didn't happen. I would probably sell all my coins and ignore this coin if they don't switch algos. A switch to NIST5 would probably be the best. x11/x13/x15 ASICs are on the way in 2015. NIST5 runs stable on my miners and uses a little bit less electricity than the new x11 optimized miner.

A full POS coin is risky but it would be unique this the marijuana coin niche. None exists yet. There are many POS coins now and they are stable/working so far. I am in favor of a full POS switch but only 75% confident in that decision.

I don't like how CannabisCoin switched algos, send in your scrypt wallet and your new x11 wallet address to get coins, but if that is the way CannaCoin has to do it then it is fine.

[tokyopotato]

I am 100% in favor of a switch to x11. I would be very sad if this switch didn't happen. I would probably sell all my coins and ignore this coin if they don't switch algos. A switch to NIST5 would probably be the best. x11/x13/x15 ASICs are on the way in 2015. NIST5 runs stable on my miners and uses a little bit less electricity than the new x11 optimized miner.

A full POS coin is risky but it would be unique this the marijuana coin niche. None exists yet. There are many POS coins now and they are stable/working so far. I am in favor of a full POS switch but only 75% confident in that decision.

I don't like how CannabisCoin switched algos, send in your scrypt wallet and your new x11 wallet address to get coins, but if that is the way CannaCoin has to do it then it is fine.

We agree with you on the influx of coins due to scrypt miners.  Fortunately for us, we have a low block reward and this helps prevent a lot of coins from getting sold on exchanges.

I apologize to our miners that we have not been more pro-active on the front of moving to different algos because we have been busy building other tools for Cannacoin.

We've got a large vision for Cannacoin and we WILL be moving to PoS 2.0 in the next couple months.  For the PoS 2.0 we will have to move to SHA256D regardless.

As for moving to x11 or NIST5, this remains an option in the short-term in order to get away from ASICs. 

We will update you guys very soon with our ETA on the switch to Proof-of-stake.

Cheers,
Patrick

[8-bit]

enjoyed the first podcast very much, hope there's another one coming

[tokyopotato]

Just a quick update for everyone.

We have decided to move to the Proof-of-stake 2.0 for many reasons. We will be utilizing the Blackcoin 2.0 codebase.

We would like to setup a Cannacoin multipool that allows people to mine using whatever algorithm they wish and receive Cannacoins. We hope to work with Suremine and perhaps Youngwebs to set this up. We have not approached them but we are pretty certain that we will find someone to help. If not, we will setup the multipool ourselves, though we would prefer to outsource the multipool.

Why PoS 2.0?

This offers a couple advantages. One being network security. The second being that this will decentralize the network by giving more people the opportunity to become nodes.

Also, we want to support the development of Blackcoin. By moving to the blackcoin codebase, we will be able to adapt quickly to changes they have made as well as provide feedback to the Blackcoin developers.

If you want to read the Blackcoin 2.0 white paper:
http://www.blackcoin.co/blackcoin-pos-protocol-v2-whitepaper.pdf

We expect this transition to take at least 30 days. We will issue a formal statement very soon and give everyone an ETA for when we will have this transition completed.

As a result of this, we would encourage anyone holding large amounts of Cannacoin to participate in our giveaway on NWGT to help give more people the opportunity to stake coins and decentralize the network.

Hoarding coins will not help increase the value of the coins or improve the network. Anyone with more than 50k Cannacoins is encouraged to participate in the giveaway which will take place on NWGT first, and after that we will do a giveaway on reddit using the tip-bot here.

We will also be doing giveaways in the #cannacoin IRC on Freenode network.
Feedback welcome.

Thanks everyone.

[tokyopotato]

Re: Distrbution concerns

That's also a number one concern. Distribution. However, that's been a concern from the get-go as we've not had a large amount of miners.

We are hoping that those holding large quantities of coins will assist in decentralization through giveaways.

Regardless, going with a multi-pool will allow any miners to obtain CCN by mining with whatever algorithm they want. Which is a plus.

There's no silver bullet, and no guarantee that switching to different algorithm would lead to more miners supporting the network.

At least people have ample time to mine using scrypt or buy them cheaply on the market.

Since there is no pre-mine, everyone currently holding coins has mined them or purchased them fairly.

All coins staked from the NWGT hosted wallet on the forums will go directly into a fund that will be for giveaways to NWGT members.


I would like to remind everyone that the NXT network started with just 70 holders of NXT that invested by purchasing NXT.  Those who invested in the Cannacoin network through either mining or buying with BTC have the opportunity to get people staking by using coins for giveaways.

I expect most people with large quantities of CCN to join in the giveaways.

Alternatively, you can spend them on the Cannacoin.cc/store and we will utilize them for giveaways and development.

[tokyopotato]

CannaPay web-based trading and merchant processing service nearly complete!

[8-bit]

looks good!   

[fartbags]

Looks-wise... it looks horrible.

Functionality-wise it looks amazing.

This thing is going to be great in a month or two.

CCN is the new hottest coin right now for me. I'm trading my bitcoin for cannacoins.