The U.S. Presidential candidate who stays on the run from the IRS, John McAfee, introduced he’s launching a brand new privateness coin referred to as Ghost. McAfee says the Ghost cryptocurrency shall be a proof-of-stake (PoS) coin and it will likely be out there on his decentralized change (dex). The previous anti-virus software program tycoon additionally harassed to the general public on Twitter that by combining Ghost together with his dex, governments received’t be capable to shut the challenge down.
Additionally learn: Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
McAfee Is Launching a New Privateness Coin Referred to as ‘Ghost’
John McAfee lately introduced that he’s launching a PoS-based cryptocurrency referred to as Ghost. The transfer follows McAfee’s latest ERC20 token referred to as “Epstein Did Not Kill Himself,” a coin that made enjoyable of the Jeffrey Epstein scandal. McAfee defined on April 11, that his new coin could have a white paper that shall be printed on Could 15.
“My newest: Ghost – It’s a proof of stake privateness coin to make you a “ghost” when transacting on-line. Atomic swaps on McAfeeDex will allow you to commerce in opposition to BTC/BCH/ETH and extra,” McAfee tweeted. With a dex/privateness coin combo we now have full management of our funds,” he added. The challenge additionally has an internet site with a cartoon ghost and some small descriptions in regards to the new coin.
“Ghost transactions use a cutting-edge escrow pool to protect and erase the historical past of transactions,” the web site explains. “Ghost transactions are verified utilizing zero-knowledge proofs. Ghost is a proof-of-stake community managed by token holders and customers and Ghost has no central firm or proprietor, and is ran and maintained by the group,” the location additional provides. The web site additionally notes that the Ghost challenge could have a Masternode system much like the Sprint protocol. Moreover, Ghost transactions are allegedly processed onchain in lower than 60 seconds and for a “fraction of a penny paid in transaction charges.” McAfee’s Ghost web site additionally particulars that folks can acquire Ghost tokens free of charge by holding a token referred to as ESH. The Ghost web site states:
To say your Ghost at launch (free of charge) you should be holding an ESH token on Could 25th. 25% of the Ghost provide shall be allotted to ESH token holders. The remaining provide of Ghost is allotted in direction of proof of stake rewards.
McAfee’s 2020 Presidential Candidacy and a Myriad of Crypto Initiatives
McAfee has been awfully busy although he’s been on the run from U.S. tax authorities. Again in October, the 2020 Presidential candidate launched his dex with no restrictions. He spoke with our newsdesk in December 2019 and mentioned subjects like maximalism, Epstein’s demise, and “the best present since hearth.” In the course of the first week of January, McAfee mentioned he was going to tokenize all 535 members of Congress. Furthermore, that very same week, the crypto group gave McAfee flak for backing out of his notorious worth prediction wager.
Recently, McAfee has been talking out in opposition to the propaganda and hype related to covid-19. “Covid-19 shall be nearly gone from contaminated international locations by mid-Could, as a result of it’s seasonal, just like the flu,” McAfee tweeted. “However, it will likely be again in October, and we must lock ourselves in from October until subsequent Could. If we unlock in mid-season it should begin over once more — Bummer.” Additional, McAfee lately informed the general public he has joined forces with Adam Kokesh, one other liberty-leaning candidate who can also be working for U.S. president. McAfee mentioned that each candidates have mutually endorsed one another.
What do you concentrate on McAfee’s new privateness coin Ghost? Tell us within the feedback under.
Picture Credit: Shutterstock, Pixabay, Wiki Commons, Ghost web site, Twitter
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