Ghost Token (GHOST), John McAfee’s Privacy Centric Crypto to Go Live in May

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John McAfee is introducing new privacy-centric crypto named Ghost Token (GHOST), and it will be tradable through atomic swaps on the McAfeeDex once it drops. The whitepaper is scheduled to launch on May 15, and on May 25, 25 percent of the Ghost Token (GHOST) supply is airdropped to Switch token (ESH) holders.

Few tentative details regarding Ghost Token (GHOST) reveal how it would utilize an escrow pool to fully protect the transaction history and use zero awareness proofs to validate transactions. Ghost Token (GHOST) will also have master nodes, and subscribers will earn tokens through staking. Ghost Token (GHOST), specifically, will also be fully decentralized.

All of this looks as if Ghost Token (GHOST) is an option for Monero (XMR). Likewise, Ghost Token’s (GHOST) mantra is that transacting online should render you somewhat of a ghost.

It isn’t the first instance the cryptocurrency is being introduced by McAfee, but Ghost Token (GHOST) is somewhat more significant than its earlier crypto-launches. In addition to releasing Zombie Coin in 2019 upon getting offered millions of dollars, McAfee lately introduced the joke crypto Epstein Did Not Kill Himself (WHACKD), merely to later call Zombie Coin a shitcoin.

Cryptocurrency Pursuits of McAfee
John McAfee has been a well-known figure in the cryptocurrency sector, since he forecasted BTC may reach $500,000 in July 2017 by the close of 2020. Around November of the same year, McAfee declared the template he used to generate the forecast showed BTC around $5,000 by the close of that year, whereas the cryptocurrency reached an all-time high of nearly $20,000 during December 2017. Because such he has changed the forecast to $1 million.

However, pretty early this year, McAfee withdrew his $1 million price forecast saying it was all just a “ruse” to embark on new users, and also that bitcoin is “existing technology.” Earlier in the month, the egotistic businessman also reported that BTC is “useless.”

Nevertheless, it stays to be seen whether Ghost Token (GHOST) does have any potential to contend with several other well-established privacy tokens, but it is an intriguing concept with both a privacy coin and proof of stake, and thus might get an opportunity to achieve such attention.