Everipedia Logo
Everipedia is now IQ.wiki - Join the IQ Brainlist and our Discord for early access to editing on the new platform and to participate in the beta testing.
Ghost (Cryptocurrency)

Ghost (Cryptocurrency)

Ghost Cryptocurrency is a privacy focused cryptocurrency and decentralized payment network that is based on a proof-of-stake consensus algorithm with incentivized operators. It was founded by John McAfee and launched on June 22, 2020. [13] [10] [11] [12]

About

Ghostcoin (GHOST) is a cryptocurrency.

Users are able to generate GHOST through the process of mining.

Ghostcoin has a current supply of 26,943,037.022.

[10]

Distribution

In the beginning, 12 new GHOST tokens are minted each block (every 2 minutes).

[13]

6 GHOST are split between Ghost Veterans.

4 GHOST are split between stakers.

2 GHOST goes into a pool used for future GHOST development and growth.

Privacy

GHOST transactions use a state of the art escrow pool to shield and erase the history of transactions. GHOST transactions are verified using zero-knowledge proofs. [13]

Ghost veterans

Users can help secure the GHOST network and earn a share of the transaction fees using the staking features for GHOST.

Becoming a Ghost Veteran requires at least 20,000 GHOST and is the best way to earn in the fees generated by the GHOST blockchain. [13] [15]

Ghost rewards

  • Staking GHOST allows users to share in the fees generated by the GHOST blockchain.

  • Staking has no minimum coin requirements.

Partnerships

On June 28, 2020, Ghost Coin announced via Twitter that it partnered with crypto payment system ivendPay to deploy the coin in over 60 vending machines around Hong Kong. [15]

Controversy

Ghost coin received criticism after it was accused of alleged plagiarism. The project is accused of allegedly copying and pasting from PIVX's white paper. [15]

See also

References

[1]
Citation Linknews.bitcoin.com'Governments Will be Unable to Shut It Down' - John McAfee to Launch Privacy Centric Crypto
Jun 23, 2020, 2:27 PM
[2]
Citation Linktwitter.comGhost Cryptocurrency on Twitter
Jun 23, 2020, 2:35 PM
[3]
Citation Linkwww.reddit.comSubreddit of Ghost Cryptocurrency
Jun 23, 2020, 2:37 PM
[4]
Citation Linkdiscord.comGhost Cryptocurrency on Discord (software)
Jun 23, 2020, 2:42 PM
[5]
Citation Linkeveripedia-storage.s3.amazonaws.comLogo of Ghost cryptocurrency
Jun 23, 2020, 2:55 PM
[6]
Citation Linkwww.youtube.comJohn McAfee's Ghost Token Cryptocurrency | Token Metrics AMA
Jun 23, 2020, 3:17 PM
[7]
Citation Linkwww.youtube.comGHOST - John McAfee Made His Own (Private) Bitcoin/BTC/Ethereum - Crypto in 2020 — PUMP?Epic ROI?
Jun 23, 2020, 3:17 PM
[8]
Citation Linkwww.youtube.comLIVE WITH JOHN MCAFEE DISCUSSING GHOST AND PRIVACY
Jun 23, 2020, 3:19 PM
[9]
Citation Linkcointelegraph.comJohn McAfee’s Ghost Distributed Exchange Now Live
Jun 23, 2020, 3:30 PM
[10]
Citation Linkcoinmarketcap.comGhost coin on www.coinmarketcap.com
Jun 23, 2020, 3:37 PM
[11]
Citation Linkmedium.comGhost coin on Medium
Jun 23, 2020, 3:40 PM
[12]
Citation Linktokeneo.comGHOST - McAfee’s new cryptocurrency?
Jun 23, 2020, 3:58 PM
[13]
Citation Linkwww.ghostbymcafee.comGhostcoin website
Jun 23, 2020, 4:06 PM
[14]
Citation Linkeveripedia-storage.s3.amazonaws.comScreenshot from Ghost coin website
Jun 23, 2020, 4:12 PM
[15]
Citation Linkcointelegraph.comGhost Coin to be Deployed as Payment for Hong Kong Vending Machines
Jun 29, 2020, 5:23 PM