Saturday, September 18, 2021
Cryptocurrency is digital money you can send over the internet
Cannacoin works like pretty much every other cryptocurrency out there. We utilize decentralized blockchain technology to record transactions and ensure the security of the value therein. This is also how we mint new coins to be utilized on the network.
What sets us apart from others is that we use a "Proof of Stake" protocol for mining which is a environmentally friendly carbon offset scheme that we are taking advantage of for sustainability and scalability.
We have been Proof of Stake since December of 2014. This means that the amount of Cannacoin you hold determines your mining weight which determines your mining power which is used to verify transactions and release freshly minted coins.
You earn new coins based on the amount of coins you already hold so therein lies the incentive to hold coins.
My trademark application got approved and I now officially own the term "CANNACOIN". I'm so happy and excited now we can opera...
Here is the download link for the Cannacoin wallet for windows... Click here to download Cannacoin Wallet for Windows.
While cannabis is widely accepted worldwide by most adults, there are still a lot of concerns about incorporating cannabis into our current ...