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What is Cannacoin?

on September 09, 2021

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Cannacoin is an evolution of the distributed computing model and the BitTorrent protocol. It employs a Proof of Stake scheme to verify the blockchain.

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Cannacoin Wallet for Windows - Download now!

Here is the download link for the Cannacoin wallet for windows... Click here to download Cannacoin Wallet for Windows.

Cannabis and The Financial System

While cannabis is widely accepted worldwide by most adults, there are still a lot of concerns about incorporating cannabis into our current financial system. We needed an alternative to cash that could be implemented worldwide, so we came up with Cannacoin ($CCC). Cannacoin was initially created in 2014 and deployed on the now defunct NWGT.org, an online medical cannabis forum. It was meant to circumvent the banking ban placed on cannabis businesses through federal prohibition. Cannacoin is ideal in many ways. It is cheaper and more secure than most payment methods. In a world where cryptocurrency is quickly becoming ubiquitous, Cannacoin is the best choice because Bitcoin is too precious to spend on everyday purchases.

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

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What is Cannacoin?

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