Smoke by Cannacoin™

Abstract

The global cannabis industry faces regulatory fragmentation that limits conventional banking access, compelling reliance on inefficient cash-based operations. Smoke by Cannacoin™ introduces a hybrid Proof-of-Work / Proof-of-Stake blockchain purpose-built to address this through censorship-resistant peer-to-peer payments.

Built on Blackcoin 13.2's Scrypt algorithm, Smoke has a fixed supply of 420,000,069 SMOKE: a 5% genesis premine (21,000,003 SMOKE), PoW issuance of 105,120,000 SMOKE over 2,102,400 blocks at 50 SMOKE/block, and PoS issuance of 293,880,066 SMOKE at 21 SMOKE/block (~26.6 years). 5% of each PoS block reward (1.05 SMOKE) is directed to a community treasury address; the remaining 19.95 SMOKE accrues to the staker.

Introduction

Cannabis businesses in legalised jurisdictions routinely operate without access to banking, credit card processing, or digital payment infrastructure. In the United States, federal Schedule I classification under the Controlled Substances Act creates a regulatory conflict that prevents most banks from servicing the sector. The result: an industry largely operating in cash, with elevated security risk and limited auditability.

Smoke offers a blockchain-native alternative: peer-to-peer electronic payments secured by cryptographic consensus rather than institutional intermediaries. Key design properties include:

• 1-minute block intervals for low-latency payment confirmation
• Fixed terminal supply — no perpetual inflation after PoS emission ends
• Hybrid PoW/PoS transition providing bootstrapping security then long-term energy efficiency
• 12-confirmation finality (~12 minutes) for high-value settlements
• SPV support for lightweight point-of-sale clients

Key Specifications

Tokenomics

Supply Distribution

• Total Supply: 420,000,069 SMOKE (fixed terminal cap)
• Premine (5%): 21,000,003 SMOKE — 40% development, 30% marketing, 30% community
• PoW Distribution: 105,120,000 SMOKE over 2,102,400 blocks at 50/block
• PoS Distribution: 293,880,066 SMOKE over ~13,994,289 blocks at 21/block (~26.6 years)
• Community Treasury: 5% of every PoS block reward (1.05 SMOKE/block, auto-directed at protocol level)
• Net Staker Reward: 19.95 SMOKE per successfully produced PoS block

Wallet Safety

Download wallet software only from the official project links below. Verify checksums before installing. Never install wallet files sent by direct message or from unofficial mirrors, and never share seed phrases or private keys with anyone — including pool support staff.

e595998f4b5ba53ad611e8f81d1435865f75165239524dd068fce7a52b76eac8  smoke-1.0.0-win64.zip
fea7711ce49ada245a4b4a5be4dbf10c63c30b6dc3c83571a95820367d9707cb  smoke-1.0.0-linux-x86_64.zip
46393c73d31e77dd408c8d94fb30d0c27e74dc3ed27d2fecca8d633cb472bb38  smoke-1.0.0-raspi-arm64.zip

Prerequisites BOTH PLATFORMS

Confirm everything on this checklist before starting. Checked items are saved in your browser.

• A Scrypt-compatible ASIC miner (Antminer L3+, L7, Goldshell Mini-Doge, Innosilicon A6+, etc.)
• ASIC connected via Ethernet to your router (ASICs do not use Wi-Fi)
• A computer on the same local network as the ASIC
• SMOKE wallet downloaded from official links at cannacoin.org
• SHA256 hash verified against SHA256SUMS.txt before running anything
• Internet connection on the wallet machine for blockchain sync

1 Wallet Setup & Sync

Your Smoke wallet generates the receiving address where Zalmex will send mined coins. Follow the steps for your OS.

2 Configure Your Node BOTH PLATFORMS

Create a smoke.conf file so your wallet connects to the seed node and syncs efficiently.

rpcuser=smokeuser
rpcpassword=changeme_strong_password
daemon=1
listen=1
server=1
addnode=cannacoin.duckdns.org
rpcport=23413
port=23414

3 Find & Access Your ASIC BOTH PLATFORMS

Your Scrypt ASIC is managed through a web browser. Find its local IP address using Advanced IP Scanner (Windows) or nmap -sn 192.168.1.0/24 (Linux), then navigate to that IP in a browser.

4 Configure the Zalmex Pool BOTH PLATFORMS

In your ASIC's web dashboard, go to Miner Configuration or Pools and fill in the three fields below.

5 Monitor Your Miner & Payouts BOTH PLATFORMS

1. 1

   ASIC Dashboard

   After 2–5 minutes, check the Miner Status page for accepted share count and nominal hashrate. Zero accepted shares after 10 minutes indicates a configuration problem.

2. 2

   Pool Stats on Zalmex

   Go to zalmex.online → Wallet tab. Paste your full SMOKE address to see live hashrate, share count, and pending balance.

3. 3

   Wallet Payouts

   Pool payouts appear in your wallet after 12 transaction confirmations (~12 min). Mined coinbase outputs require 100 block confirmations + 1 (~101 min) before they are spendable or stakeable.

6 Staking (Passive PoS Rewards) BOTH PLATFORMS

SMOKE is a hybrid PoW/PoS coin. Once mined coins arrive and mature, your wallet can automatically produce PoS blocks earning 21 SMOKE per block. Unlock with staking only mode — your private keys never leave the wallet.

# Unlock wallet for staking only (9999999 = ~115 day timeout)
./smoke-cli walletpassphrase "your_passphrase" 9999999 true

# Confirm staking is active
./smoke-cli getstakinginfo

Troubleshooting

Quick Reference Card

Security Model

Smoke's security is layered across both consensus phases and the underlying cryptographic structures.

Feature Status

The table below documents which features are currently live on mainnet versus which are roadmap proposals or theoretical concepts.

Conclusion

Smoke by Cannacoin™ provides a purpose-built peer-to-peer blockchain for cannabis commerce — combining hybrid Scrypt PoW/PoS consensus, a fixed 420,000,069-coin terminal supply, one-minute block intervals, and protocol-level community treasury funding. The base payment infrastructure is live and operational. Domain-specific extensions — supply-chain provenance, NFT-linked compliance records, and collateralised lending — are identified roadmap directions requiring further specification, security review, and legal analysis before implementation.

The full technical whitepaper is available as a PDF at cannacoin.org/whitepaper.pdf. Source code is published at github.com/cannacoin-official/smoke.

FAQ

• What is Smoke by Cannacoin? A hybrid PoW/PoS cryptocurrency built on Blackcoin 13.2, purpose-designed for cannabis-industry commerce. Fixed supply: 420,000,069 SMOKE.
• What hardware do I need to mine? Any Scrypt-compatible ASIC — Antminer L3+, L7, Goldshell Mini-Doge, Innosilicon A6+. Connect via Ethernet and point it at stratum+tcp://zalmex.online:3433, password c=SMOKE.
• How do I start staking? After mined coins reach coinbase maturity (100 blocks + 1 confirmation, ~101 minutes), unlock your wallet for staking only. Minimum stake age is 8 hours. Staking yield is variable and not guaranteed.
• Are proposed features available now? No. NFT integration, seed-to-sale tracking, inventory tracking, ChainID identity, and collateralized lending are roadmap concepts. Only core blockchain, PoW mining, PoS staking, and P2P payments are currently live.
• What is the PoS community treasury? 5% of every PoS block reward (1.05 SMOKE per block) is automatically directed at the protocol level to a community treasury address managed by the Cannacoin Community Foundation. The staker receives the remaining 19.95 SMOKE.
• Where can I get free SMOKE? Join the Discord at discord.gg/zEQcGdSXrw and follow the faucet instructions.
• Is there a formal security audit? Not as of the publication date. The reference implementation has not undergone independent third-party security review. High-value deployments should await an audit.

Full Protocol Parameters

Complete reference for all Smoke blockchain parameters, for developers, exchanges, and integrations.