Sunday, October 24, 2021

CannATM and Cannachan

We could have touch screen Cannacoin kiosks or CannATMs at participating cannabis retailers that would allow consumers to purchase Cannacoin with cash, credit, or debit and the kiosk  that you would insert your Cannachan debit card into to load your coin onto then you would go in the store, select your products, and use the debit card at the Cannacoin Pay POS system at checkout to purchase your goods. 

Friday, October 22, 2021

We're building a community and Discord is our hub

We want to get as many people in our Discord server as possible in order to stay in touch and up to the minute with changes and developments as they happen.

Follow this link to join.. https://discord.gg/TEC9aNBhHw

It's very important that we grow our Discord community because that is the hub of our eco-system and everything will ideally branch off of there.

Discord has been around since 2015.

Thursday, October 21, 2021

The Cannacoin Cryptocurrency Project In A Nutshell

Since 2014 we have operated under the philosophy of freedom, community, and service. We are a cryptocurrency for the cannabis community, worldwide because Bitcoin is quickly becoming too precious to spend. Visit our website at https://cannacoin.org for our road map and more. You can find our source code at https://github.cannacoin.org. 

We're looking for volunteers to help us grow. Visit our application form at https://team.cannacoin.org. 

Want to schedule a call? Go to https://calendly.com/deusopus/quick-call. 

Looking forward to working with you!

Wednesday, October 20, 2021

Cannacoin on NWGT.org

cannacoin was deployed on march 28, 2014 with proudly no ICO and 0.00% pre-mine under a fair distribution strategy. cannacoin is cryptocurrency for the cannabis community, worldwide. 

since our inception we have operated as an alternative to cash in cannabis transactions where a cash-only business model is mandated by the government due to cannabis prohibition on a federal level. this makes banks unable to open accounts for cannabis companies. plus, handling all that cash is very dangerous indeed. 

cryptocurrency is an evolution of distributed computing and the bittorrent protocol. in december of 2014, cannacoin transitioned to a proof of stake protocol for environmental awareness, carbon offset, and scalability. proof of stake is a model where the amount of cannacoin that an individual holds determines their network weight or mining weight and in turn dictates their contribution to the verification of transactions whereby new coins are minted on the network. this means that users earn new coins based on the amount of coins they hold. this amount is essentially 2% annually of their net holdings. 

cannacoin can be exchanged on a peer to peer level with our mobile wallet (coming soon to android) and we also have a point of sale solution for merchants. we want to install cannacoin kiosks at participating cannabis retailers and build an online exchange. we are currently in the stage of upgrading and working to expand our utility and technology. 

more to come.




Cannacoin Whitepaper