[ANN] Cannacoin (CCN) | PoW->PoSV | No premine | No IPO - page 52.

Razerglass

legendary

Activity: 1036

Merit: 1000

https://bmy.guide

Quote from: Cannacoin on November 07, 2014, 03:17:47 AM

Quote from: 24Kilo on November 07, 2014, 03:11:58 AM

Quote from: tokyopotato on November 07, 2014, 03:09:44 AM

Quote from: 24Kilo on November 07, 2014, 03:06:09 AM

To the dev team -

How is moving to PoS going effect CCN emission, both in time and final mintage? If this information is already public, I missed.

Thanks!

Well, final mintage is hoping to be around 4,200,000 coins at ~1% yearly interest.

So only about 1/3 of the PoW mintage, which was planned to be 13,140,000. So CCN will be one of the rarest of the cannabis targeted coins by a huge margin.

That's right. It was not intended that way originally. Nobody really predicted the level of asic development as well as multipools which have change the dynamics of the market. We spent nearly 3 months researching the proof-of-work specifications of this protocol before launching on March 28th 2014.

This is a long-term protocol with an extremely fair distribution. Our largest holders are long-term miners and community members. This coin has no trading whales that we are aware of. The largest wallet is believed to be the Bittrex wallet with nearly 100 active addresses (~600k CCN) and we are going to confirm this.

The Reddcoin codebase is excellent for coins with a wide distribution that were not originally launched as proof-of-stake. We expect to have a very strong network thanks to the distributed nodes that will result from this long-term project - which is only in year 1 of what we anticipate to be a 3-5 year rollout.

Thanks for your support.

Can't wait for everything to come.. Cannapay.. POS everything is so soon

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Quote from: 24Kilo on November 07, 2014, 03:11:58 AM

Quote from: tokyopotato on November 07, 2014, 03:09:44 AM

Quote from: 24Kilo on November 07, 2014, 03:06:09 AM

To the dev team -

How is moving to PoS going effect CCN emission, both in time and final mintage? If this information is already public, I missed.

Thanks!

Well, final mintage is hoping to be around 4,200,000 coins at ~1% yearly interest.

So only about 1/3 of the PoW mintage, which was planned to be 13,140,000. So CCN will be one of the rarest of the cannabis targeted coins by a huge margin.

That's right. It was not intended that way originally. Nobody really predicted the level of asic development as well as multipools which have change the dynamics of the market. We spent nearly 3 months researching the proof-of-work specifications of this protocol before launching on March 28th 2014.

This is a long-term protocol with an extremely fair distribution. Our largest holders are long-term miners and community members. This coin has no trading whales that we are aware of. The largest wallet is believed to be the Bittrex wallet with nearly 100 active addresses (~600k CCN) and we are going to confirm this.

The Reddcoin codebase is excellent for coins with a wide distribution that were not originally launched as proof-of-stake. We expect to have a very strong network thanks to the distributed nodes that will result from this long-term project - which is only in year 1 of what we anticipate to be a 3-5 year rollout.

Thanks for your support.

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Please don't worry about the trolls. Cannacoin (CCN) is a completely transparent blockchain with a 0% premine. It was fairly launched on March 28th 2014 nearly 40 days after it was announced publicly. We are our own developers and we are going to transition to POSV through a hard fork. We have all of our resources currently focused on this effort and after we finish we will bring Cannapay out of beta and will launch NWGT.tv. That's just the beginning.

Thanks for the support everyone.

24Kilo

sr. member

Activity: 672

Merit: 250

Quote from: tokyopotato on November 07, 2014, 03:09:44 AM

Quote from: 24Kilo on November 07, 2014, 03:06:09 AM

To the dev team -

How is moving to PoS going effect CCN emission, both in time and final mintage? If this information is already public, I missed.

Thanks!

Well, final mintage is hoping to be around 4,200,000 coins at ~1% yearly interest.

So only about 1/3 of the PoW mintage, which was planned to be 13,140,000. So CCN will be one of the rarest of the cannabis targeted coins by a huge margin.

tokyopotato

legendary

Activity: 812

Merit: 1000

Quote from: 24Kilo on November 07, 2014, 03:06:09 AM

To the dev team -

How is moving to PoS going effect CCN emission, both in time and final mintage? If this information is already public, I missed.

Thanks!

Well, final mintage is hoping to be around 4,200,000 coins at ~1% yearly interest.

tokyopotato

legendary

Activity: 812

Merit: 1000

Quote from: fartbags on November 06, 2014, 08:28:21 PM

Quote from: tokyopotato on November 06, 2014, 07:07:58 PM

Quote from: fartbags on November 06, 2014, 05:15:37 AM

Is this coin able to work on mobile phones yet? I might know a store that's interested in bartering cannabis for cannacoin.

Right now you can use Cannapay.io for mobile devices to make trades and send, but we haven't integrated the QR scanning yet. Our next steps are adding QR code scanning for mobile devices... hopefully in two weeks time. Once that is done then it will be a great staging platform for mobile payments and point-of-sale.

We've got all resources currently focused on the POSV transition and new wallets, we'll know more soon... thanks for your support

Nice.

I hope you don't do something stupid during the transition to POSV like requiring users to actively participate in some sort of coin swap.

I didn't bury paperwallets in my backyard just to dig them up anytime soon.

The whole point of the POSV transition is NOT to do a coin swap. That's how it's supposed to be done and that's what we are aiming to achieve. Thanks

24Kilo

sr. member

Activity: 672

Merit: 250

To the dev team -

How is moving to PoS going effect CCN emission, both in time and final mintage? If this information is already public, I missed.

Thanks!

fartbags

legendary

Activity: 1190

Merit: 1004

Quote from: PTseller on November 07, 2014, 01:52:44 AM

Ready to fly or what ? watching market from past few hours and all sell order's are eaten every time

Hold tight Grin

Wow nice call. 130,000 CCN volume in the last 2 hours.

Razerglass

legendary

Activity: 1036

Merit: 1000

https://bmy.guide

Quote from: ?? on ??

You guys say that you are transparent.

Also can you guys be transparent about this CCN Wallet? We investors would like to know what you guys are up to with these very suspicious addresses!

Moving 10K CCN at a time? Hmmm?? There are many wallets like this I see.

WALLET : CHdPEUyN5BUMLuWqsHEBH2jg2MbCXGtBic

https://chainz.cryptoid.info/ccn/tx.dws?299853.htm

LOOKS LIKE A SCAM!

PLEASE EXPLAIN!

Looks like someone holding CCN moving them around? suspicious addresses? those are mined coins not a genesis block distribution xD

PTseller

legendary

Activity: 1148

Merit: 1000

I ❤ www.LuckyB.it!

Ready to fly or what ? watching market from past few hours and all sell order's are eaten every time

Hold tight Grin

fartbags

legendary

Activity: 1190

Merit: 1004

Quote from: tokyopotato on November 06, 2014, 07:07:58 PM

Quote from: fartbags on November 06, 2014, 05:15:37 AM

Is this coin able to work on mobile phones yet? I might know a store that's interested in bartering cannabis for cannacoin.

Right now you can use Cannapay.io for mobile devices to make trades and send, but we haven't integrated the QR scanning yet. Our next steps are adding QR code scanning for mobile devices... hopefully in two weeks time. Once that is done then it will be a great staging platform for mobile payments and point-of-sale.

We've got all resources currently focused on the POSV transition and new wallets, we'll know more soon... thanks for your support

Nice.

I hope you don't do something stupid during the transition to POSV like requiring users to actively participate in some sort of coin swap.

I didn't bury paperwallets in my backyard just to dig them up anytime soon.

Cannacoin

sr. member

Activity: 404

Merit: 250

RIP Phil 2015

Feel free to explore the Cannacoin POSV github while we work on it: https://github.com/Cannacoin-Project/ccn-redd

tokyopotato

legendary

Activity: 812

Merit: 1000

Quote from: 8-bit on November 06, 2014, 01:55:49 PM

Just filled up the cannacoin faucet. Great way for any newcomers to grab some free coins.
http://cannacoin.cc/faucet/

Also, lots of free coins on the IRC channel as well : ) come and hangout

THANKS!

tokyopotato

legendary

Activity: 812

Merit: 1000

Quote from: 8-bit on November 06, 2014, 01:27:17 PM

Quote from: tokyopotato on November 05, 2014, 01:05:52 AM

Oregon voters legalize recreational cannabis!

http://www.oregonlive.com/politics/index.ssf/2014/11/recreational_marijuana_passes.html

does this open any doors for cannacoin in oregon?

Short answer: Absolutely!

tokyopotato

legendary

Activity: 812

Merit: 1000

Quote from: fartbags on November 06, 2014, 05:15:37 AM

Is this coin able to work on mobile phones yet? I might know a store that's interested in bartering cannabis for cannacoin.

Right now you can use Cannapay.io for mobile devices to make trades and send, but we haven't integrated the QR scanning yet. Our next steps are adding QR code scanning for mobile devices... hopefully in two weeks time. Once that is done then it will be a great staging platform for mobile payments and point-of-sale.

We've got all resources currently focused on the POSV transition and new wallets, we'll know more soon... thanks for your support

8-bit

sr. member

Activity: 420

Merit: 250

Just filled up the cannacoin faucet. Great way for any newcomers to grab some free coins.
http://cannacoin.cc/faucet/

Also, lots of free coins on the IRC channel as well : ) come and hangout

8-bit

sr. member

Activity: 420

Merit: 250