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Our cryptocurrency technology empowers both consumers and producers in the medical marijuana industry with an independent, decentralized banking solution.
Consumer Advantages:
• Anonymous Payments: With KushCoin, you don't have to provide your personal information or credit card info. This secures your privacy rights against the legal whims of future administrations and makes identity theft virtually impossible.
• Total Security and Control: KushCoins are protected by next generation cryptography - beyond current military standards. This ensures that no-one, including state actors, can unilaterally transfer your funds.
• Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a “mining fee” to complete your transaction at a prioritized speed.
• Mobile Payments: Pay with the comfort and convenience of a dedicated mobile wallet (coming soon).
Producer Advantages:
• Borderless Payments: KushCoin uses decentralized technology, meaning that there is no difference in fees or limits. Whether you're supplying to the distributor next door or on another continent, your transactions cannot be censored and will complete near instantaneously.
• No Compliance Required: Receiving credit card payments online, especially in evolving legal environment like the marijuana industry, can be a an unsurmountable hurdle for small local businesses. With KushCoin, there are no PCI standard or any other compliance requirements.
• Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a “mining fee” to complete your transaction at a prioritized speed.
• Protection Against Fraud and Chargebacks: Unlike Paypal or other popular methods of online payment, KushCoin is immutable by design and transactions are final and irreversible. By eliminating the business cost of chargeback fraud, your lean operation can focus on being more competitive.
Coin Specifications:
• Algorithm: X11
• PoW + PoS:
Start End PoW
1 1,200 420
1,201 2,400 400
2,401 3,600 380
3,601 4,800 360
4,801 6,000 340
6,001 7,200 320
7,201 8,400 300
8,401 9,600 280
9,601 10,800 260
10,801 12,000 240
12,001 13,200 220
13,201 14,400 200
14,401 15,600 180
15,601 16,800 160
Total POW 4,872,000
Start End PoS 16,801 18,499 124*CA/365 18,500 19,000 124 19,001 21,000 20 21,001 Perpetuity 2
• POW Block Time: 72 seconds
• POS Block Time: 260 seconds
• Minimum Stake: 10 hours
• Maximum Stake: 30 hours
• Maturity: 150 blocks
