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Cannacoin

Cannacoin

Cannacoin is a peer-to-peer digital currency for the cannabis industry, designed to provide safe, secure, and irreversible transactions for points of sale, retail, and e-commerce. It utilizes P2P technology to operate without a central authority and is an open-source project focused on enabling crowd-funded research in cannabis science.
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Description

Cannacoin is a revolutionary peer-to-peer (P2P) cryptocurrency for the Medical Marijuana Industry. It aims to replace large sums of physical fiat currency with safe, secure, and irreversible digital payments, making it a perfect transactional currency for POS, retail, or e-commerce needs. Cannacoin operates without a central authority or banks, with transactions and issuance managed collectively by a network of peers. The project is open-source, meaning its design is public, and anyone can participate. It also aims to fund cannabis science and research through crowd-funded projects. The technical specifications include the Scrypt mining algorithm, a 1-minute block time, and a total supply of 13,140,000 Cannacoins.