Smoke by Cannacoin™: Next-Gen Cannabis Blockchain for Commerce & DeFi

What is Smoke by Cannacoin™?

Launched in April 2025, Smoke by Cannacoin™ is an advanced blockchain platform built on the legacy of Cannacoin, introduced in 2014 to address financial exclusion in the cannabis industry. This hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) cryptocurrency offers a scalable, energy-efficient digital cash system with a fixed supply of 420,000,069 coins. Its premine of 21,000,003 coins is allocated transparently: 40% (8,400,001.2 coins) for development, 20% (4,200,000.6 coins) for marketing, 15% (3,150,000.45 coins) for faucets, 15% (3,150,000.45 coins) for giveaways, and 10% (2,100,000.3 coins) for operations. With 60-second block intervals, Smoke ensures fast, high-throughput transactions, making it ideal for cannabis commerce, decentralized finance (DeFi), and compliance solutions. Planned features include DeFi lending for cultivators, NFT-based regulatory registries, and seed-to-sale tracking, positioning Smoke as a leader in blockchain-driven cannabis innovation (Cannacoin Community Foundation, 2025).

Smoke by Cannacoin™ prioritizes community governance through a forthcoming voting system, allowing token holders to influence the allocation of faucet, giveaway, and marketing funds. This democratic approach fosters engagement and supports initiatives that drive adoption within the cannabis ecosystem, such as promotional campaigns and educational outreach.

Legacy & Evolution of Cannacoin

Rooted in the advocacy of Northwest Green Thumbs (NWGT.org) and the Cannacoin Community Foundation, Smoke by Cannacoin™ builds on a decade of innovation at the intersection of cannabis and blockchain technology. Since 2011, NWGT.org has empowered medical cannabis patients with education, quality products, and community support, breaking down barriers to access (NWGT, n.d.). The Cannacoin Community Foundation has advanced financial sovereignty through blockchain, culminating in Smoke’s hybrid PoW/PoS architecture. This evolution reflects a commitment to service, transparency, and holistic health, positioning Smoke as a cornerstone of the decentralized cannabis economy.

How Smoke Blockchain Works

Smoke’s blockchain combines Scrypt-based PoW and PoS for security, decentralization, and sustainability. Miners earn 50-coin block rewards during the PoW phase (until block 2,102,400), after which PoS validators receive 21-coin rewards, reducing energy consumption. This hybrid model supports high-performance applications for the cannabis industry, including:

• DeFi Lending Protocol: Enables licensed cultivators to secure Smoke-denominated loans against crop yields, governed by smart contracts to minimize risk and enhance financial inclusion (Tapscott and Tapscott, 2016).
• NFT-Enabled Registry System: Provides cultivators with NFTs encoding regulatory credentials, ensuring compliance and trust in supply chains.
• Seed-to-Sale Provenance Tracking: Records product lifecycles via NFT metadata, ensuring transparency, regulatory adherence, and consumer trust (National Academies of Sciences, Engineering, and Medicine, 2017).

These features, planned for future implementation, position Smoke as a scalable solution for cannabis commerce and regulatory compliance.

How to Acquire Smoke Cryptocurrency

Cannacoin Community

The Smoke by Cannacoin™ community unites cultivators, dispensary operators, developers, and advocates to advance the cannabis industry through blockchain. This global network drives innovation in financial inclusion, supply chain transparency, and compliance, fostering a decentralized and equitable cannabis economy.

Mission of Smoke by Cannacoin™

The Cannacoin Community Foundation aims to transform the cannabis industry with secure, scalable blockchain solutions. Smoke delivers high-throughput transactions, DeFi frameworks, and NFT compliance tools, empowering stakeholders in an institutionalizing market.

Our Team

• Brent Kohler (deusopus): Project Architect and Lead Developer
• Tom Burkhardt (8-bit): Deputy Project Coordinator

Special Thanks

We honor blockchain pioneers—Satoshi Nakamoto, Charlie Lee, and Vitalik Buterin—for inspiring Smoke’s foundation. Our global community of cultivators, operators, developers, and advocates drives innovation in financial inclusion, supply chain integrity, and compliance.

External Links

• Cannacoin Core 2014 on CoinMarketCap
• Cannacoin on Twitter
• Cannacoin Discord Community
• Cannacoin on Telegram
• Cannacoin Subreddit
• Cannacoin Core 2014 GitHub Repository
• Cannacoin Shop
• Whitepaper
• Smoke by Cannacoin™ Source Code

Countdown to Cannacoin Day