Skip to main content

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.




Comments

Popular posts from this blog

Securing Your Digital Footprint: How to Create and Register a Blockchain-Based Identity

  Watch it in action here on YouuTube:  https://www.youtube.com/watch?v=a1LZxF1r2V4&t=1s In an age where our digital footprint is as significant as our physical presence, the concept of identity takes on a new dimension. Blockchain technology offers an avant-garde approach to digital identity, providing a platform for individuals to establish a secure, immutable, and self-sovereign identity. Yet, for many, the leap into blockchain is hindered by a maze of technical complexities. This is where our solution comes in—demystifying the path to digital self-sovereignty. We're excited to introduce the blueprint for a cutting-edge website designed to streamline the creation and registration of your blockchain-based identity. The essence of this platform is simplicity, allowing you to navigate through the process with ease and confidence. From generating cryptographic keys to recording your identity on the blockchain, we guide you step-by-step into the future of digital identification.

A Budding Partnership: Cannacoin.org and Cannafarm.ltd Explore Potential Collaboration

    A Budding Partnership: Cannacoin.org and Cannafarm.ltd Explore Potential Collaboration In an exhilarating development for both the cannabis and cryptocurrency industries, Cannacoin.org and Cannafarm.ltd are in discussions about a potential collaboration. The companies aim to combine their expertise to innovate and redefine the ever-evolving landscapes of crypto and cannabis. The Catalysts for Collaboration Cannacoin.org: A Pioneer in Cannabis Cryptocurrency Cannacoin.org has been at the forefront of uniting the worlds of cannabis and cryptocurrency since 2014. With its unique Cannacoin, the company offers a seamless, secure, and transparent way to conduct transactions within the cannabis ecosystem. Cannafarm.ltd: The Future of Cannabis Agriculture Cannafarm.ltd is pushing the boundaries of cannabis cultivation and distribution. Their technology-driven approach aims to revolutionize the industry by focusing on quality, sustainability, and innovation. The Synergy of Greens This poten

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.