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'Governments Will be Unable to Shut It Down' - John McAfee to Launch Privacy Centric Crypto

The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former anti-virus software tycoon also stressed to the public on Twitter that by combining Ghost with his dex, governments won’t be able to shut the project down.

Also read: Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout

McAfee Is Launching a New Privacy Coin Called ‘Ghost’

John McAfee recently announced that he is launching a PoS-based cryptocurrency called Ghost. The move follows McAfee’s recent ERC20 token called “Epstein Did Not Kill Himself,” a coin that made fun of the Jeffrey Epstein scandal. McAfee explained on April 11, that his new coin will have a white paper that will be published on May 15.

“My latest: 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 and more,” McAfee tweeted. With a dex/privacy coin combo we now have full control of our finances,” he added. The project also has a website with a cartoon ghost and a few small descriptions about the new coin.

'Governments Will be Unable to Shut It Down' - John McAfee to Launch Privacy Centric Crypto
McAfee’s Ghost coin website.

“Ghost transactions use a state of the art escrow pool to shield and erase the history of transactions,” the website explains. “Ghost transactions are verified using zero-knowledge proofs. Ghost is a proof-of-stake network controlled by token holders and users and Ghost has no central company or owner, and is ran and maintained by the community,” the site further adds.

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