What is CannabisCoin?

"CannabisCoin is a peer-to-peer Internet digital currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware.

CannabisCoin is the payment solution for Marijuana dispensaries, retailers and merchants. CannabisCoin is backed by Marijuana where it is accepted."

-BitcoinTalk.org
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General

TICKER SYMBOLS
CANN
AGE
5 years old (October 19, 2014)
CURRENT PRICE
$0.004486
Updated 3 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$0.34092
2 years ago
CIRCULATING SUPPLY
77,231,176 coins
Updated 25 minutes ago via coinmarketcap.com
MARKET CAP
$346,464
Updated 3 minutes ago
FOUNDER
"DeltaNine"

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (420,000,000 coins)
PRE-MINED / RESERVED
Yes (21,873,600 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
42s
CURRENT BLOCK REWARD
70 coins
HASHING ALGORITHM
X11
DIFFICULTY ADJUSTMENT
Every block (~42 seconds)

Categories

Payments

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