v0.8.9.0 HARDFORK BLOCK 3,030,000
- Generate 631,842 extra coins on block 3,030,000 for the two items below.
- 451,896 coins to reimburse Bittrex for coins lost in 51% attack. ACP now enabled to prevent future attacks.
- 179,946 coins to cover dev costs for coding this hard fork in this wallet and Android wallet, fixing sync issue in Android wallet and upgrading the Cannabiscoin source code from the Bitcoin 0.8 codebase to the Bitcoin 0.13 codebase to include Segregated Witness, CheckLockTimeVerify and CheckSequenceVerify. 0.13 will greatly improve the performance of this wallet and overall user experience.
Other changes in 0.8.9.0
- Move halving slightly nearer to compensate for the extra coins and maintain maximum of 420 million coins.
- Add internal miner, same as the Bitcoin 0.8 internal miner update for X11.
- Set client name on the network as Cannabiscoin, not the default Satoshi.
- Fix for building with newer version of UPNP library.
What is CannabisCoin?
CannabisCoin (CANN) 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 crypto currency is backed by Marijuana where it is accepted.
What does CannabisCoin represent?
Put an end to Cannabis / Marijuana prohibition, allow “We the people” freedom of choice and personal privacy! Legalize Marijuana!
Cannabis / Marijuana Facts
20 states in the US have legalized cannabis for medical purposes. Colorado and Washington state also permit recreational use of marijuana.
There are two very distinct groups of marijuana strains. One is cannabis; the other is hemp.
Cannabis is potent medicine courtesy of high amounts of CBD, medicinal terpenes, and flavonoids. It also contains varying amounts of THC. The higher the THC, the more pronounced its psychoactive effects
Cannabis Coin Details:
Algorithm = X11 Maximum number of produced Cannabis Coins = 420,000,000 Coins Cannabis Coin CANN rewards per block = Originally 420 coins but the inflation model reduced reward. Hard fork at block 2,282,000 will change the reward to 70 Coins. Target per block = 42 Seconds Halving = Every 100,000 Blocks before hard fork. Halving after fork happens when half of all coins produced at block 3,969,725, then every 3 million blocks which is roughly every 4 years. Wallet Addresses will start with “C” for CANNABIS! Ports: RPC Port 39347 P2P Port 39348
Very IMPORTANT Official Cannabis Coin links are here: CannabisCoin Facebook Page https://www.facebook.com/mmjcoin CannabisCoin Twitter Page https://twitter.com/CannabisCoins CannabisCoin Exchange https://exchange.cannabiscoin.net CannabisCoin on Youtube http://www.youtube.com/user/CannabisCoin Reddit subreddit http://www.reddit.com/r/cannabiscoins