Ghost

Ghost

Ghost GHOST Rank #955

Projects

Guide Ghost (GHOST) Token - What is it, price and reliability

Ghost Exchanges

Exchange Market Pairs Buy
TradeOgre POT/BTC -
StakeCube DGB/BTC -
Hotbit PPC/USDT -
What is Ghost? Ghost is a decentralized ecosystem launched in 2020 with a simple goal, privacy. Private and anonymous transactions are a fundamental human right. Most people believe that Bitcoin is safe to use because it is the first cryptocurrency or it has strong privacy features. The latter couldn't be further from the truth. It is relatively easy to trace the origins of each transaction and ultimately reveal the identity of the user. Ghost is designed to obfuscate network-wide transactions at both the receiver and sender and hide all elements of that transaction through state-of-the-art encryption. The team behind Ghost strongly believes in privacy for everyone with ease of transactions, regardless of how tech-savvy a user is or isn't. Ghost offers all users protection and financial freedom. Who are the original founders of Ghost? Ghost's origins can be traced back to Particl, a privacy-focused decentralized cryptocurrency launched in 2017. Particl is a fork of Bitcoin. In early 2020, the team behind Ghost forked the core of Particl and began working on revisions and additions to the code, and GHOST was born. Originally, there were some developers who still wished to remain anonymous, who started trying to develop a new privacy coin that was completely decentralized and offered unprecedented privacy. Josh Case is one of the co-founders who made this vision a reality. It should be noted that John McAfee is also considered one of the co-founders of Ghost. Although McAfee's involvement in the project is limited to advertising only. In an effort to make the Ghost ecosystem more decentralized, Josh Case has relinquished any position of authority. Since then, the project has been in the hands of the community ever since. Following Ghost's caretaker government model, the community decides the direction of the project. What makes Ghost different? There are a variety of features that distinguish Ghost's unique code. One of the most important aspects of the project is decentralization. Ghost wants to become the standard when it comes to untrusted systems. Ghost operates on a proof-of-stake consensus method. This allows users to protect the blockchain by staking their coins, which in turn earn rewards for doing so. Users who have the status of "Ghost Veteran" are those who have enough coins to be eligible for network bonus rewards. Veterans earn additional rewards distributed once a month to all eligible veterans, including daily participation rewards. This makes Ghost staking rewards among the highest in the industry. Privacy is done through a couple of special attributes. Where other privacy coins have "selective anonymity", Ghost by default wipes every transaction at both the receiver and the amplifier; sender's end. This is achieved with Dandelion++. To further increase user anonymity, Ghost also uses Confidential Transactions and RingCT, all while running Bulletproof to lower fees and speed up transaction times. There are many more implementations to be added to the blockchain in the future, check out our roadmap for more details.