Development Fund:

 CWZfS4viQ28mGCpeTEbMme2eZZFZ3SGtJE

Peer-To-Peer

Cannacoin uses peer-to-peer (P2P) technology to operate with no central authority or banks; managing transactions and the issuing of Cannacoins is carried out collectively by a network of peers.

Information

Mining Algorithm: Scrypt
Block Time: 1 minutes
Block Reward: 12.5 Cannacoins
Reward Halving: Every 525,600 (~1 years)
Difficulty Retargeting: Kimoto's Gravity Well.
Total Supply: 13,140,000 Cannacoins.

Open Source

Cannacoin is open-source; its design is public, nobody owns or controls Cannacoin and everyone can take part. Through many of its unique properties, Cannacoin allows exciting uses that could not be covered by any previous payment system.