Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CannabisCoin [CANN][X11][Official][2] Developments & Discussions
by
BitcoinSanDiego
on 30/03/2015, 20:29:34 UTC
Just to notice : cannabiscoin has halved yesterday so now the reward per block is 6.5625 cann and global hasrate is less than 2 Ghash/s

Any word on if the cann developers hired a core dev to fix their protocol and make some updates to core?

Global hashrates and difficulty are getting much lower: https://chainz.cryptoid.info/cann/#@diff

Still not sure why the dev is sitting on the pre-mine and not using it to pay a developer


I would agree, changing core development to secure from attack and opening the communication lines to developers is key at this point.

static const int64 MAX_MONEY = 420000000 * COIN;

Max supply for this coin is still hardcoded at 420,000,000 in the source code for those less tech savy to understand the source code.

The publics opinion on reddit is, max supply is 106,000,000 coins, and here stated by the developer Maximum coins is 92,000,000,  what is it truly? Well to be frank its 420,000,000 at this point and these things are not being addressed... why?

With the difficulty dropping, if continued, there is serious room for a malicious hard fork and a huge amount of coins "pre-mined" out of thin air with hard forked blocks.



It wouldn't really matter what the MAX_MONEY is since the block rewards and block times ultimately dictate the supply.  However, dropping difficulty and potential for 51% attack will certainly become a reality now that X11 ASICs on track to start hitting the market - nobody thought this would happen but now that Darkcoin (DASH) has become so valuable, there's a need for X11 ASICs and they are already being used as we speak