BitCanna (Decentralized Cannabis Market)

Basri Halıcı
2 min readJun 11, 2021

What is BitCanna ?

Over the past century, the global cannabis market has been heavily shadowed by various restrictive regulations on the scales of most governments, so even where its use is permitted in the medical and entertainment industry today, most payment institutions, banks and credit card companies block money from cannabis and even the transactions required to sell cannabis. Just in this case, BitCanna has built a payment network for the legal cannabis industry by leveraging the emerging blockchain technology and working with lawmakers.

Migration To The Cosmos

BitCanna has been using the BTC/DASH blockchain network for a long time for the payment system, but from 2009 to the present, the blockchain technology has developed a lot and they have decided to move their payment systems to the faster and more efficient Cosmos network as an alternative to the network they use.

The primary goal of the public testnet is to have both existing and new BitCanna users get familiar with Cosmos wallets including: setting up the wallet, safely storing the back-up (seed phrase), delegating and un-delegating.

The new network that will be used during this transition needs to be tested, and for this they have opened an award-winning testnet where participants perform various tasks. They have reserved 50 seats for this testnet, and lucky for me, I found myself setting up a node on the testnet as one of them.

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