CannabisCoin (CANN) is a decentralised, open-source cryptocurrency forked from Bitcoin and Peercoin in May 2014. It was conceived as a payment solution for marijuana dispensaries, retailers and merchants and it is backed by marijuana wherever it is accepted. Technically, CannabisCoin is a proof-of-work cryptocurrency which uses the ASIC-resistant X11 hashing algorithm and Kimoto's Gravity Well (KGW) for adjusting the mining difficulty. The total coin supply is capped at 92 million
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