The influencer John McAfee has published a new tweet about a new project of his, a privacy coin called Ghost.
It's a proof of stake privacy coin to make you a "ghost" when transacting online!
Atomic swaps on McAfeeDex will let you trade against BTC/BCH/ETH & more!
With a DEX/privacy coin combo we now have full control of our finances!
— John McAfee (@officialmcafee) April 11, 2020
The message is eloquent and illustrates a crypto that protects anonymity using a PoS (Proof of Stake) model, which is in contrast to Monero’s PoW.
The coin is available on his decentralized exchange (DEX) launched in October 2019.
Thanks to this platform, Ghost will be able to trade with the main cryptocurrencies by combining decentralization and anonymity thanks to this new implementation with a strong pro-privacy model.
The website explains the key concepts of PoS, such as decentralization, the possibility to have fast transactions (to be executed in less than 60 seconds) and the presence of validators called masternodes.
The whitepaper will be published next May 15th, so in a month, while Ghost tokens can be requested by whoever is already in possession of the crypto Switch (ESH). On May 25th it will be possible to start the claim phase, which will represent 25% of the total supply, while the remaining 75% will be used as rewards for the Proof of Stake.
This tweet shows how the privacy theme and the PoS (Proof of Stake) protocol are the central elements that each blockchain is trying to implement: for instance also Cardano (ADA) or Zilliqa (ZIL) and of course also Ethereum (ETH), showing how the anonymity of transactions seems a winning model, as demonstrated by the data and records marked by the EOS blockchain.