G'day everyone
I'm just returning to my desk after a hectic southern hemisphere summer vacation season, the kind where you need a vacation to get over it
A great big thank you to all those who sent well wishes for the holidays, we love you all.
Now, for those anxiously awaiting visible signs of activity the
good news is wallets are to be upgraded/ refreshed this quarter. The
bad news is that there has been a paucity of community feedback on the matter.
It is possible everyone was too busy at the end of last year to respond and since there is no immediate need for a fix or repair we can extend the response period to the end of January or even mid-February if discussion warrants it. There is no point waiting for new/ upgraded wallets to be tested and released, then saying "I wish you woulda..." or "You shoulda..." -
put in your suggestions/ requests now.
If you don't wish to post your ideas publicly here then by all means PM or
email me, just do so before the end of the month.
A couple of people have raised questions over what effect failure of the
Cryptsy trading platform will have on CannabisCoin and I would suggest that the answer is "nothing". It is entirely likely many people have lost bitcoin and we have great sympathy for the victims of fraud and theft. Reading Cryptsy blog posts it looks as though they are making efforts to facilitate removal of most altcoin balances, which suggests there will be no change in the net number of CannabisCoin in circulation. Even in the very worst case scenario of Cryptsy's CannabisCoin wallets being corrupted/ destroyed then (by my estimate) we are only talking perhaps 1% of in-circulation coins. This will have no effect on CannabisCoin's utility as a medium of exchange for medical cannabis. Like Bitcoin CannabisCoin may be divided to 100-million parts (10
-8) which means we could trade in cents:
¢CANN (.01CANN) , millis:
mCANN (0.001CANN), micros:
μCANN (0.000001CANN) or even ... what do we call the smallest division of CannabisCoin (0.00000001CANN)?
Nomenclature: Perhaps surprisingly we have never formally defined a name for the smallest CannabisCoin unit. What does the community wish to do about this?
One thing, they are not "satoshi", that name refers to the smallest division of Bitcoin.
Here are a few suggestions from the team:
- terpenes - users will likely shorten that to "terps" as they do "sats" for satoshis
- trichomes - what would people shorten that to be? "trichs", maybe?
- millicents - cute but I don't know what Millicent will make of it (I suspect it should actually be "microcents" anyway).
- cannabinoids - would they become cancanns?
Hmm... CannabisCoin, packed with 100-million terpenes... could have potential. Microcent appears technically correct but seems something of a mouthful.
Tell us what you want to do about naming the smallest division of CannabisCoin.
Do you want to make suggestions here with a general vote held in a couple of weeks?
Do you want to hold a naming competition perhaps? Best name for the smallest division of CannabisCoin gets one million million of the newly named coin fragments (to avoid any confusion that's 10
12 x 10
-8 = 10
4 CannabisCoin).
All suggestions family friendly, please.
Have a great day everyone and remember to share a smile with someone new every day