Cryptocurrency Q&A
What is crypto ghost?
What is crypto ghost?
SkylitEnchantment
Thu Jun 20 2024
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7 answers
1619
Could you elaborate on the concept of 'crypto ghost'? I've heard this term used in the cryptocurrency community but it's not entirely clear to me what it entails. Is it a technical glitch in blockchain networks? Is it a reference to the anonymity associated with crypto transactions? Or perhaps, is it a colloquial term for a hidden or untraceable aspect of cryptocurrency? I'm curious to understand the nuances and implications of this term in the broader context of digital finance and cryptocurrencies.
7 answers
Nicola
Sat Jun 22 2024
Ghost, a trailblazer in the realm of cryptocurrency, is a Decentralized Proof-Of-Stake Privacy coin.
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Michele
Sat Jun 22 2024
It offers users the unique ability to send and receive payments anonymously, safeguarding their financial privacy.
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Giulia
Sat Jun 22 2024
The cornerstone of Ghost's anonymity is its utilization of Anon or Blind addresses. These addresses are designed to conceal the identities of senders and receivers.
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CherryBlossomGrace
Sat Jun 22 2024
Furthermore, Ghost employs cutting-edge cryptographic techniques such as RingCT (Ring Confidential Transactions) and Bulletproofs.
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Andrea
Fri Jun 21 2024
RingCT ensures that transaction amounts remain hidden, while Bulletproofs provide efficient and secure zero-knowledge proofs.
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