Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 76. (Read 706488 times)

So 99.9902% of all coins have been mined... I didn't realize the urgency of your PoS announcement, I suppose it will be implemented within months. Yes I see now, only $0.35 generated per day.

What I want to stress is that it is not necessary to redistribute the same amount that was burned, that was an arbitrary number. Even the pre-burn total coinage seems like an arbitrary artifact of the X11 switch. The original figure was 420,000,000, now after multiple lumps in the path, you feel that it is important to return to 105,861,000. Don't just patch in a scheme for 3 years of distribution to an arbitrary number...

You could do 100,000,000 total (~8,000,000 more) over 100 years (average of 80,000/year or about double current rate.).

Or 420,000,000 total to be fully staked in 420 years.

Something that ensures network stability long-term but also rewards individuals now who remove their coins from Bittrex and run a node. Might as well reduce the risk of going through another fork in 3 years.

You sure are persistent, I will give you that jamesrambo. You do keep the community on its feet with your questions, so I will give you kudos for that. I have looked back and am also interested in the what ever happened to CANNDY. I think all issues should be addressed. First and foremost, where is all the CANNDY from the start, the last two years and where is the new stuff? The new strains is not an issue, what happened to the old strains, did that little girl get it all?

I wanted to know if you can buy some meds for the peg. quit skirting the issue. I can transfer doge coin to get dope. I want to know about the peg, the big jar d9 held in the beginning with a cann label on it, who did that get donated to?

G'day natmccoy

The available supply figure at coinmarketcap is wrong but total supply is close enough.

The numbers in your quote


are not correct because they omit the number of coins burned.

At present the greatest supply possible is 91,860,078 before the hard-coded dust limit kicks in. This is so because while 105,861,000 could have been generated, including the premine to cover the scrypt-mined coins, 14,000,922 were burnt (sent off chain). The total outstanding is 91,851,034.

It is proposed to allow the re-issue of the same number of coins as were burned during the next several years of PoS, restoring a total supply of 105,861,000.

I do not know how coinmarketcap derives their "available supply" figure of 77,223,031 CANN.

My apologies if I have caused any confusion.

does any1 know when harvest will happen?

Typically the crypto.id 'outstanding' figure means all of the coins that have been released/mined, what you are telling me is that crypto.id 'outstanding' for CANN is actually the greatest possible number of coins that could ever exist without a fork? If that's the case then the coinmarketcap numbers are correct. You say that I am correct that the numbers are wrong then give me numbers implying that they're actually correct, I'm getting conflicting information.

Also, just to try to be helpful & offer my constructive criticism in as friendly but effective a way as possible; B4zz4, the last few times I have seen you respond to people you seem to have missed the point of what they were asking or given them wrong information, that's not good considering you seem to have taken on the job of community outreach manager guy. Please, if you're going to handle 'user-relations' take a little more time to be sure that you actually understand what people are asking & that you are giving the correct answer.

I do appreciate what you are doing though & I am very excited by the recent update. PoS will be great & I'm optimistic that D9 will pull through with some results this Summer.

Take care everyone.

Oh, another question. What is the estimated time frame for switching to PoS? Are we talking May, Summer, 2017..?

Support for marijuana legalization has hit an all-time high

A new survey released today by the the Associated Press and the University of Chicago finds that a record-high percentage of Americans -- 61 percent -- say they support marijuana legalization.

The survey uses the same question wording ("Do you think the use of marijuana should be made legal, or not?") on marijuana as previous Gallup surveys, which had shown a previous high of 58 percent support for legalization last October.

However, the AP asked a follow-up question that found a considerable amount of nuance in Americans' support marijuana legalization. Twenty-four percent of legalization supporters said marijuana should be made available "only with a medical prescription." Another 43 percent said there should be "restrictions on purchase amounts." And one-third of legalization supporters said there should be "no restrictions" on purchase amounts.

"This is yet another demonstration of just how ready Americans are for the end of marijuana prohibition," said Tom Angell of the Marijuana Majority, a marijuana reform group. "The growing level of support for legalization that we see in poll after poll is exactly why we're now in a situation -- for the first time in history -- where every major presidential candidate in both parties has pledged to let states set their own marijuana laws without federal interference."

Marijuana legalization is particularly popular among Democrats (70 percent support) and independents (65 percent). Nearly half (47 percent) of Republican voters support legalization as well.

-- By Christopher Ingraham, WaPO Wonkblog

Yes you can buy meds with CANN.  It's been going on since the inception of CannabisCoin that many patients locally and possibly around the world have used CANN as payment for patient-to-patient purchases.  Dispensary to patients has been tested and we are looking at ways to improve the process  legally.  CannabisCoin is being used as payment for meds peg or no peg.

- YESWECANN

inquiring mind want to know if we cann buy meds with cann. activity is great , but quality is better than quanity, so ive heard

You are quite correct in that the information there is wrong natmccoy

At present the maximum possible CannabisCoin supply is 91,860,078, which is proposed to be returned to the intended 105,861,000 with the switch to staking but has not yet taken place.

When the new wallets are ready and transition dates are set then we'll have to chase up information sources and have them brought up to date.

Thanks for pointing this one out

From what I understand, the information at http://coinmarketcap.com/currencies/cannabiscoin/ should be updated so that the total supply is ~106,000,000 (or ~120,000,000 after PoS is implemented), & the available supply should be 91,851,000 (the 'Outstanding' figure given at https://chainz.cryptoid.info/cann/ )

Correct me if I'm wrong, I just think it's important to have an accurate market cap figure, both for transparency to traders & to attract more attention/respect.

I BELEIVE THAT COIN WAS USED. I THINK A LITTLE HARSH, STAND STILL NOT IT IS, JUST NOT AS GOOD AS BELEIVE

Is that herbal wellness center accepting cann again yet, without somewhere that accepts cann for the peg or otherwise, i feel the project is at a stand still

My bad,i didn't understand that cause was quite late when i read it...yes..that's the real news,you're totally right!! This is what the community needed,some real and visibile progress !!!

Actually ciccas4 I think the news is


To me that is a very exciting announcement. What more can anyone possibly expect in a long-term, multi-year project such as this?

I guess I could have been more specific and said "this northern hemisphere summer's outdoor grow". Is that not an update? Does that not tell you we are almost certainly looking at a Fall harvest, drying, curing and testing time before we can pack and deliver product in quantity? If one or more of the indoor test varieties should deliver spectacular result in the test grows then maybe a suitable indoor crop can be cloned and produced first and then there would be a different announcement to make.

In the meantime software upgrades are pending and we are investigating potential methods of incentivizing dispensaries to join the YesWeCANN movement and donate inventory into the CANNdy medication stream in states where there are no CANNdy grows. We are looking at trying to do so within the current software update round and if that proves feasible then that will be another announcement.

Why not just provide CANNdy seed or plant stock for other states? Because it is currently in breach of U.S. federal laws to do so. CANNdy can not cross state lines, period. It will not legally be able to do so unless and until there is a change in cannabis's Schedule I status.

Would we like to do things more quickly than we are? Absolutely!

Are we going to go any faster, maybe take any shortcuts to skirt around state and local laws? Not a chance!

This will take as long as it takes. I'm sorry if that disappoints.

D9 and the team in AZ are doing what they do best, staying focused and getting things done in the real world.  If you want D9 to do it all then you are in crypto for the wrong reasons.  We are here to be a team and

help in anyway we can.  Nobody gets a salary working on this and we have very dedicated individuals like B4zz4, myself, and everyone else who helps out.  There have been interesting things brought up like algo

changes and more and we've been asking for some input from the community so please speak up and let us know how you can help us help you. 

Let's make something that's good, even better!

-YES WE CANN

@b4zz4 now that we are getting closer to producing consistent donable product in quantity..this is really THE huge news..but then WHY if we are closer we don't have any updates?i'm not saying we must have them,but it would be awesome at least have an idea of how much and when(about at least) the distribution will start..we are all here waiting for that..and if we are closer..i think is time to have more specific information..or am i wrong?thx

@B4zz4  thanks for the information :-)

This is some Good Shit <3

Actually there's no new laws or other significant developments here. See the partial walk-back below.

HEALTH FREEDOM ALERT: The FDA assaults CBD extracts, attempts to regulate out of existence but industry pushes back (CORRECTION)