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Home News Altcoin News

John McAfee Ghost cryptocurrency whitepaper debuts on Twitter

Gurpreet Thind by Gurpreet Thind
May 15, 2020
in Altcoin News
2 min read
John McAfee Ghost cryptocurrency whitepaper debuts on Twitter
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John McAfee Ghost cryptocurrency teaser is out, and the privacy-focused coin is ready for its world debut. The millionaire entrepreneur has just informed the world about his latest crypto offering, Ghost, that focuses on individual privacy. The tweet featured the white paper launch for the upcoming coin.

Yes ….$GHOST Whitepaper coming out today.
8:00 P.M. Central.

No….

I will say nothing in advance ….

Maybe ….

I'll put it out half an hour earlier.

Or maybe not.

— John McAfee (@officialmcafee) May 15, 2020

Twitterati has responded with enthusiasm about the John McAfee Ghost cryptocurrency white paper. Soon, the tweet was flooded with queries and congratulations. The white paper will launch at 8 PM central time, and the public will have full access to all the technical details regarding the coin.

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John McAfee Ghost cryptocurrency focuses on user privacy

It seems there’s a dearth of privacy-focused cryptocurrencies these days. The proposed John McAfee Ghost cryptocurrency aims to target crypto users who still want privacy as the central point behind using virtual currencies. Ghost helps users stay anonymous while undertaking digital transactions – a trait that’s vanishing quickly from the crypto arena.

Ghost uses proof of stake network technology, which further amplifies the privacy quotient. The decentralized network is a perfect recipe for those looking to stay away from the prying eyes. The official website of the John McAfee Ghost cryptocurrency states that the coin has no central company and is purely operated as per community-driven protocols.

Privacy-focused Ghost whitepaper to spill out beans

There are many traits associated with the John McAfee Ghost cryptocurrency that will help it endear itself to the masses. Speed is touted as its specialty, and it is claimed that average time to process transactions is mere 60 seconds. The transaction fee is also stated to be a fraction of the other cryptocurrencies.

Users who want to get John McAfee Ghost cryptocurrency have two ways. First is the staking method, and the second is to run a master mode. Users can also get fees-related benefits by following the staking method. Moreover, there are no staking limits, which essentially means that users can convert as many dollars into Ghost as they want.

In the master mode method, there’s a minimum participation charge of $20,000. Users can run as many nodes as they want. Meanwhile, the tweet about John McAfee Ghost cryptocurrency is creating quite a buzz in the crypto circles.

Tags: Privacy Breach
Gurpreet Thind

Gurpreet Thind

Gurpreet Thind is pursuing Masters in Electrical Engineering at University of Ottawa. His scholarly interests include IT, computer languages and cryptocurrencies. With a special interest in blockchain powered architectures, he seeks to explore the societal impact of digital currencies as finance of the future. He is passionate about learning new languages, cultures and social media.

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