Topic: [ANN] Cannacoin (CCN) | PoW->PoSV | No premine | No IPO - page 15. (Read 188520 times)

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This is a consistent issue.  Can't stake if the network doesn't see you.  I am beginning to wonder if this isn't by design.  As it stands, potcoin, cannabiscoin, and spliffcoin are all, regardless of their development state, fully functioning, error free, and obtainable and tend to answer questions when asked, and will be fully backed by products.

There's only one guy in this forum doing anything to keep people interested in this coin.  Perhaps those who still hold these coins and those who miraculously managed to get them without outright buying them on an exchange should put your weight together and vote 8-bit in as the new developer of this coin.  Fork it into one that represents his passion for it so that this one can fade away in favour of a coin that has the full support of it's development staff.

So, I move with my 85.72898684 CCN, that this coin be forked and/or put under the necessary care of someone who is willing to devote the necessary time into it's development, and I recommend that that someone be 8-bit who has shown a devotion that the developers of this coin have not to it's success.

70 what for maturity?  Minutes, hours, confirmations, days?

Oh lol. I was sure it was from the blockchain.  I can't imagine why those people wouldn't be staking that stuff!

That distribution chart is solely for the bittrex exchange. Many people keep their coins off the exchange to stake them or simply because its safer.

I don't think the Bittrex mining chart is working properly for our PoS. Check https://chainz.cryptoid.info/ccn/# for more information on blockchain.


The next wallet update will fix this issue.

Also this:  This needs to be remedied long before support can be given by our products.



The distribution is very biased, and not a good indiication of readiness for the early move to proof of stake.  The moment the coin would be backed with actual product the value will skyrocket and a very small percentage of individuals stand to benefit from it in a way that may not be beneficial to the health of the entire chain.

When distribution becomes a lot more even it will be much easier to become comfortable backing it.  But in it's present state, the top 5 users would be able to completely clean out all supply of resources used to back the coin, effectively restricting it's access to everyone.

Proof of stake is great when combined with POW. But the trouble I've seen so far is that staking on this one doesn't seem to work. Bittrex shows no movement in POS at all. I feel it should be more accessible, as this project is designed to generate more interest in crypto in general as accepted currency by those bold enough to pursue their dreams and utilize currencies that are created through and for those passions.

With a little effort the other 3 have given the opportunity to obtain them through mining. Perhaps I didn't analyze the methods well enough, but I'm basing decisions on the ability to obtain and keep the chain synchronized. As they stand people are likely to lose interest in this particular coin fairly rapidly.

However, there's still plenty of time to work out the issues with this coin. The breed that will be utilized to back these  types of coins isn't born yet, and is still at least a year from completion.

An example of an issue that will harm interest is the long delays between blockchain updates. Another is the time to maturity before staking can begin.

The only people who have such an opportunity are those who've been with these coins during the pow phase, which doesn't appear to have been very long.

The website is down, there are no pools available, nor can there be, without switching technology, so this coin, like federal reserve notes appear to favor 'old money', and forces the use of day trading to gain, with an unknown duration before staking can begin, and is difficult to use effectively because of the persistent issues in the wallet that prevents synching and all that kinda goes against the spirit of Cryptocurrency and of the ideology behind cannabis for most who participate in its benefits.

I want to support this coin, but it should be at least as attainable as CANN, and the staking should be more similar to that of SPL. It's also not really a competition between these coins, instead it is designed to bring them equal recognition within our special breed of community members.  Generating interest in other currencies for other dreams of other products and services by results from these coins and their values.  The current model that this coin uses would be unfair to it's values, it would take thousands of these to be equivalent to the time and energy involved in obtaining their cousin coins, so no mutual agreements could be made or assigned to all the crypto supporting the same dream.

Idk if that makes sense, I just woke up and am having trouble articulating at this moment.

Cannacoin switched from PoW to PoSV, which means to generate new coins you just need to 'stake' your wallet address. This can be done by going into SETTINGS and UNLOCK WALLET / LOCK WALLET and make sure you select the staking checkbox. PoSV has a few advantages over PoW. For example, its more environmentally friendly (important to a lot of cannabis users imo) as you don't need large networks of computers to confirm network transactions. It can be simply done through the PoS protocol. Also, PoS secures the network against a 51% hashing attack which can cause a lot of issues, so CCN was the first secure cannabis coin as we changed over to PoSV Dec 9th, 2014.

We would still love to be apart of your project. I'm around to help you with anything you'd need from us. Thanks

wallet updated, now it says no more PoW blocks.

I guess we'll just stick with SPL and CANN and potcoin for backing with product until this one is a little more mature and mineable.

Just realized I was using the wrong algo, switched to Scrypt and got the same message:

[2016-04-10 23:20:02] 1 miner thread started, using 'scrypt' algorithm.
[2016-04-10 23:20:02] JSON-RPC call failed: No more PoW blocks
[2016-04-10 23:20:02] get_work failed, retry after 30 seconds  

Wallet still fails to update.  I guess I'll have to wait for the dev to update the links.

I certainly hope so!  That's one of the specific traits I'm focusing the strain on, and it's already got two of the best top shelf plants in it's genes

I like the Cannacoin.  Very good concept.

Do i get high when i pay with Cannacoin?

Thanks. Those are exciting plans!

16 hours behind and it stopped synching

Maybe I'll get lucky and synch will take place by the time I wake up, but I had really hoped to be mining during sleep.

Dude...you rock, man.  It's synching now.  From the beginning, but hey! It's actually moving on it's own finally!

The only thing I had to do after clearing roaming/cannacoin out was to reinsert my cannacoin.conf

If you haven't sent any coins to your wallet addys yet, maybe delete everything and start fresh. Delete the app data Cannacoin folder as well.

Been like this for several hours.  I've added all the nodes from the bitnodes site and restarted to no avail.  Initialized blockchain with the dump on cryptochainer.

Is there anything else I can do to get this synched up?

sent a small donation to bitnodes also   Just ftfoi

Hey, I like Canna a lot too

Cannacoin can be seen as an industry niche coin that appeals to members of the marijuana community. Creating a specific coin for this industry has its benefits because you can create a community of enthusiasts that enjoy both Canna and crypto. I think the marijuana movement is big enough to merit industry niche coins.  

Because growers and dispensaries like my own in San Diego, CA and partners in many states will be backing it with a special breed of Blue Dream and Bubba OG hybrid, created solely to celebrate the acceptance of cannabis related cryptocurrencies in exchange for the top shelf product in dispensaries in Washington, Colorado, Arizona, and California (to start, as the interest increases, more states will be accepting CCs for products).

As it continues to become more and more legal this means your coin value will skyrocket beyond initial projections within the next two years to be equivalent to (and possibly exceeding) an initial backing of 1/4 oz of top shelf flowers per coin for all CC's related to cannabis in every state it has been decriminalized.  Currently plans include SPL, CANN and CCN.

I like Canna a lot but I don't quite grasp why I need a Canna cryptocoin