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Topic: CannabisCoin [CANN][X11][Official] Developments & Discussions - page 92. (Read 706375 times)

legendary
Activity: 1876
Merit: 1014
CANN ... if internal management has/owns a large chunk of the total supply ... this is not a big issue ... in fact it is the very point to managing a 'peg'.  I think it is to your advantage to formally post the reserve accounts on the public record Wink

I can give you the general figures:

Of the planned 106 million supply (which we will never reach) about 86.6% is currently in circulation.

Including the mining originally done by team members, including myself, and donations made since, the team have combined assets of ~4.7%.

All told, ~82% of planned supply is in wide distribution.

There is opportunity but no plan at this time to increase general circulation up to the original target of 106 million (at conversion from scrypt). This would require a hard fork and is not planned in the current wallet update.

At present the thinking is that ~92 million is an adequate market supply.

Edit:

The twins apparently don't like the numbers and want to make up their own. Too bad. Take it to your own forum thread guys.

Thanks for the transparency! I would be worried if you guys did not keep any assets for yourself, because it would make your goals less clear. Smiley
hero member
Activity: 629
Merit: 500
Ponderously ruminative
CANN ... if internal management has/owns a large chunk of the total supply ... this is not a big issue ... in fact it is the very point to managing a 'peg'.  I think it is to your advantage to formally post the reserve accounts on the public record Wink

I can give you the general figures:

Of the planned 106 million supply (which we will never reach) about 86.6% is currently in circulation.

Including the mining originally done by team members, including myself, and donations made since, the team have combined assets of ~4.7%.

All told, ~82% of planned supply is in wide distribution.

There is opportunity but no plan at this time to increase general circulation up to the original target of 106 million (at conversion from scrypt). This would require a hard fork and is not planned in the current wallet update.

At present the thinking is that ~92 million is an adequate market supply.

Edit:

The twins apparently don't like the numbers and want to make up their own. Too bad. Take it to your own forum thread guys.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
CANN ... if internal management has/owns a large chunk of the total supply ... this is not a big issue ... in fact it is the very point to managing a 'peg'.  I think it is to your advantage to formally post the reserve accounts on the public record Wink
full member
Activity: 494
Merit: 100
legendary
Activity: 1624
Merit: 1007
Was there supposed to be an event in November also ? I remember hearing something about it a while back. Might have been a harvest or a meeting of some kind ? Would be nice if anyone with some knowledge sheds some light on this
legendary
Activity: 882
Merit: 1000
What are the next projects for Cann ?!
member
Activity: 98
Merit: 10
Don't listen to haters and fake accounts.  I'm not going anywhere.  Have better things to do than sit and play barbie with the twins on BCT.

~D9

Yes We CANN

Thanks for the update, dev. Keep working, this is a good project! CANN is one of my favorite X11 coins.
hero member
Activity: 490
Merit: 500
The Official CannabisCoin Team [CANN]
Don't listen to haters and fake accounts.  I'm not going anywhere.  Have better things to do than sit and play barbie with the twins on BCT.

~D9

Yes We CANN
hero member
Activity: 629
Merit: 500
Ponderously ruminative

So that's the current destabilizing attempt is it?

Lately there have been a few instances where people have come into the IRC channel alarmed over reports ∆9 "is leaving", "has left", etc., etc.. Now a couple of "is it a take over?" posts in a matter of days.

Relax people, it's just mischief-making by a couple of malicious individuals.

We'll try to get the promotion kit ready so anyone wanting more action can join in and actively promote CannabisCoin's use in the real world. My personal preference was for that not to happen until the new wallets have been released but we'll see how that shakes out over the next month or two.

There's something more infectious and far more useful than the twin's malicious rumors. Smiles. Try them with everyone you meet, you'll find them quite contagious Wink

Have a great day everyone. Cheesy
legendary
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
Someone mentioned a community takeover and I agree, where is any development ever from this coin?

Go play in the street dumb ass. Jeesh you guys are pathetic.

Delta9 has CANN more than covered and there is no interest in a takeover.
newbie
Activity: 10
Merit: 0
Someone mentioned a community takeover and I agree, where is any development ever from this coin?

They're still alive and kicking, I believe they're doing a lot of work behind the scenes. While operating under the radar is a decent plan longterm, it's not the most exciting route to take. Especially since a lot of the bag holders are traders, and well...you can't trade something that never fluctuates Tongue

With that being said, I have faith that a community take over is not needed, and that D9 is much better suited to lead CANN than a conglomerate of users.

Hopefully they have something planned this 4-20 Wink

-Jah
legendary
Activity: 882
Merit: 1000
Shit, price is low, i cant resist buying more !!
legendary
Activity: 1512
Merit: 1000
The Dude Of DopeCoin
Is this a take-over?

No, this thread is being spammed by a competitor coin dev of CCN (Cannacoin) using a script.  The communities of CANN (CannabisCoin) MARYJ (MaryjaneCoin) POT (Potcoin) THC (hempcoin) DOPE (dopecoin), etc are just expressing their hatred for wasteful nonsense that should just be ignored or dropped so forward progression of Marijuana related coins can happen.

-YESWECANN

Hi CANN,

We have nothing to do with Cannacoin so please do not lump us in with them. That isn't a very good thing to do and disappointed in CANN for making that accusation. Can you please retract that ?

We've never bothered you, or caused any drama on your thread so I'm not sure why you are taking a shot at us ?

Now I'm going to have to set up notify of replies on this thread to watch what you say about us. Uggh...

Edit: I might be confused in what you are trying to say  are you saying our hatred for Cannacoin spamming our our communities are spewing hatred ? To be clear we denounce CNC spam. If so , I take back what I say above . Just need clarification.


Total confusion Barry ( B4zz4 ) helped clear it up my bad. Rock on CannabisCoin!  CANN team that is  Wink
legendary
Activity: 1092
Merit: 1000

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MasterTrader777
member
Activity: 86
Merit: 10
Just curious, will anyone from CANN be attending this event in Colorado?

https://www.cryptocannabisconference.com/

If nothing else, it would be a great networking opportunity with other tech developers trying to address the banking and crypto-adoption related issues.

It would be a shame to miss out on this.  If I lived locally, I'd go.
legendary
Activity: 2688
Merit: 1240
Could somebody stop that bullshit from this imposter ? Its going for weeks now...

Best thing to do is use the ignore button. It's impossible to reason with morons, or stop a thunderstorm. Though I tend to like the moron explanation.

I did that several times ago alraedy, but he's constantly using new usernames... And you still have the Thread bumped etc.. Its a PITA
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
Could somebody stop that bullshit from this imposter ? Its going for weeks now...

Best thing to do is use the ignore button. It's impossible to reason with morons, or stop a thunderstorm. Though I tend to like the moron explanation.
legendary
Activity: 2688
Merit: 1240
Could somebody stop that bullshit from this imposter ? Its going for weeks now...
sr. member
Activity: 286
Merit: 250
http://twitter.com/CannabisCoins
Is this a take-over?

No, this thread is being spammed by a competitor coin dev of CCN (Cannacoin) using a script.  The communities of CANN (CannabisCoin) MARYJ (MaryjaneCoin) POT (Potcoin) THC (hempcoin) DOPE (dopecoin), etc are just expressing their hatred for wasteful nonsense that should just be ignored or dropped so forward progression of Marijuana related coins can happen.

-YESWECANN
hero member
Activity: 644
Merit: 500
Is this a take-over?
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