John McAfee’s Ghost Distributed Exchange Now Live

Published at: June 22, 2020

John McAfee’s controversial Ghost distributed exchange is now live, the cryptocurrency advocate announced on Twitter over the weekend.

The Ghost distributed exchange is related to McAfee’s privacy project Ghost, a Proof of Stake privacy coin intended for more anonymous transactions. McAfee clarified on social media that Ghost will replace the McAfeeDEX distributed exchange. The Ghost main net itself is expected to go live on June 22.

Ghost has been the subject of contention for months especially after McAfee himself admitted Ghost “copy-pasted” parts of its white paper from PIVX. Even so, he seemed poised to sue PIVX--an open-sourced protocol--for defamation. PIVX is also planning to use a zk-SNARKs-based privacy protocol created by privacy coin Zcash (ZEC). It will launch in the fourth quarter of this year.

“PIVX is attempting to claim that their source code is Public Domain, but that the description of how it all works (The White Paper) is not,” he tweeted in May. “Claiming a procuct is open source while witholding the documention is fraud. Pure and simple. I will soon demonstrate that in the courts.” PIVX, however, told Cointelegraph it cannot be sued because it is not a legal entity and no one person has ownership of its development. 

The British-American McAfee has been living “in exile” since 2019 due to alleged tax-reporting charges.

Tags
Related Posts
What lies ahead for crypto and blockchain in 2021? Experts answer
It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do. Undoubtedly, the major driver of our development this year was the COVID-19 outbreak. The effects of the ongoing global pandemic on every aspect of our lives will form our future, and there are some tendencies we started last year …
Adoption / Jan. 4, 2021
Ghost Coin to Be Deployed as Payment for Hong Kong Vending Machines
Ghost Coin, the proof-of-stake privacy coin led by John McAfee, can now be used in vending machines in Hong Kong Disneyland. Ghost announced on Twitter that it partnered with crypto payment system ivendPay to deploy the coin in over 60 vending machines around Hong Kong, even those in Hong Kong Disneyland. “When we 1st launched $GHOST our vision was not only to focus on #Privacy but also on real user adoption,” Ghost said on Twitter. The privacy coin and distributed exchange went live last week amid the ongoing controversy surrounding it. Ghost distributed exchange replaced the McAfeeDEX distributed exchange in …
Blockchain / June 28, 2020
Brave to integrate with Solana blockchain on its privacy-enabled browser
During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users. We've partnered with @solana to integrate it into the browser and make it the default for DApp support. We will soon bring best-in-class wallet features for the Solana blockchain into our desktop & mobile browsers. #BreakpointLisbon https://t.co/tTB7NXKWjI — Brave Software (@brave) November …
Adoption / Nov. 8, 2021
Polygon launches a zk-STARK scaling solution for DApp deployment
Polygon, a layer 2 scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal the newest member of the Polygon family - Polygon Miden, an upcoming STARK-based, EVM-compatible Rollup! The project is led by @bobbinth, former Facebook's lead ZK researcher who led the development of Winterfell. A on why this is exciting... pic.twitter.com/5RqAJgnZlP — Polygon | $MATIC - We're hiring! (@0xPolygon) November 16, 2021 zk-STARK stands for zero-knowledge Scalable Transparent …
Decentralization / Nov. 16, 2021
Kraken to delist Monero for UK customers by the end of November
In an email quoted by Reddit users, Kraken, the world's eight largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The platform will cease all XMR trading activities, set XMR wallets to withdraw-only, and force-liquidate any existing XMR margin positions after the 26th of November. Through advanced cryptography, privacy coins like Monero obscure participants' public wallet addresses and payment amounts when their transactions appear on the blockchain, making it improbable, in the context of current technology, for forensic entities such as Chainalytics to digitally trace the …
Technology / Nov. 19, 2021