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PotCoin (code: POT) is a peer-to-peer cryptocurrency which exists with the aim of becoming the standard form of payment for the legalized cannabis industry. PotCoin is an open-source software project released under the MIT/X11 license and was technically nearly identical to Litecoin[1] until August 23, 2015, when Potcoin changed to POSV similar to Reddcoin. PotCoin is not managed by any central authority and provides a decentralised solution for the transfer of value. As of August 2014, PotCoin has received mainstream media coverage from agencies such as Fox Business, Vice,[2] and TechCrunch.