John McAfee will release privacy-oriented cryptocurrency GHOST

Odious entrepreneur and until recently a supporter of bitcoin, John McAfee, announced the release of a newGHOST private coin based on the Proof-of-Stake protocol. On May 15, white paper of cryptocurrency will be presented on the project website.

McAfee positions GHOST ("ghost") inas a way to become a "ghost in online transactions." Phantom transactions will use an advanced pool of escrow accounts and will be verified using evidence with zero disclosure.

GHOST airdrop is provided for those userswhich on May 25 will be holders of ESH, McAfeedex decentralized digital asset exchange tokens. On a proportional basis, they will get a quarter of all issued coins.

John McAfee had to enter into a discussion with participants in the crypto community and explain the differences between his private coin and existing solutions.

"The ability to exchange for genuine DEX, which will never be closed,"John McAfee explained the advantages of GHOST in comparison with competitors Monero and ZCash.

At the same time, among the members of the community there were those who saw in GHOST plagiarism of ideas already implemented on the NIX platform.

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Growing interest in coin privacy optionsbecoming an ever wider phenomenon. Recall, Grin cryptocurrency developer David Burkett introduced a new plan for the implementation of the MimbleWimble protocol, which will add support for "non-interactive transactions" in Litecoin.

Forklog also reported on the plans of the TRON Foundation and the TRONZ development team to introduce zero-agreement proof-of-agreement (zk-SNARKs) technology into the TRX cryptocurrency and thus achieve an "unprecedented level of privacy".

Let us remember that recently McAfee prophesied for Bitcoinreaching the $1 million mark this year. In 2017, he promised to eat his penis if the first cryptocurrency wasn't worth $500,000 by the end of 2020, and later doubled down. However, already this year he stated that the future of the crypto industry belongs to altcoins, and called Bitcoin “a real shitcoin.”