PotCoin - Definition from the Hotspot Shield Encyclopedia
PotCoin is a cryptocurrency that was created with the express purpose of being a standard form of payment for the legal drug industry, specifically cannabis.
The PotCoin source code is open source and the currency is peer to peer, during its initial creation it was virtually the same as Litecoin until it changed its mining process to proof of stake. Throughout its history and development, PotCoin has seen various degrees of success and fluctuation in its global value. PotCoin is based on Blockchain technology, but aims to provide quicker block creation times and an increased total number of available coins. PotCoin can be traded online for other digital currencies including Bitcoin, Litecoin and Dogecoin.