Market Rank | #3253 |
---|---|
Market Cap | $ 1.6M |
Volume 24h | $ 1.4K |
Circ. Supply | 26.5M |
Total Supply | 26.5M |
Max Supply | 55.0M |
The price of Ghost (GHOST) has decreased in the last 24 hours, sitting currently at $ 0.06194100. The cryptocurrency market is known for its volatility, and tokens like Ghost can experience rapid price movements.
Ghost is a cryptocurrency that prioritizes privacy, enabling users to become "ghosts" when transacting online. It leverages advanced protocols to ensure that users can conduct transactions securely and anonymously. The ethos behind Ghost is to provide enhanced online privacy, allowing for private financial transactions in an increasingly transparent digital world.
Ghost was announced by the eccentric and controversial figure John McAfee, known for his antivirus software and bold statements about cryptocurrencies. Although the project leverages his name for branding, it is essential to recognize that there is usually a larger team behind the development of such cryptocurrencies, who are responsible for the day-to-day execution and progression of the project.
Ghost operates on a Proof of Stake (PoS) algorithm, which allows holders of GHOST tokens to stake their coins and participate in the network operations. This consensus mechanism is generally considered more energy-efficient compared to Proof of Work (PoW) systems. Users who stake their tokens help secure the network and process transactions, in return, they are rewarded with additional GHOST tokens.
Ghost differentiates itself by providing anonymity for its users. It includes several privacy-focused features aimed at making transactions untraceable and unlinkable, which sets it aside from many other cryptocurrencies that have transparent blockchain networks. The main appeal of Ghost is its promise to allow users to transact without leaving a digital footprint that can be tracked.
The security of the Ghost network is maintained by its PoS consensus mechanism, which requires users to stake GHOST tokens to participate in validating transactions and creating new blocks. This process incentivizes honesty and integrity within the network, as participating stakeholders have a vested interest in the health and security of the network.
As of now, Ghost has a circulating supply of 26.5M tokens. However, it's essential to note that these numbers can change as new tokens are generated or as user participation influences the supply.
Ghost claims to offer enhanced privacy features that allow users to conduct transactions without exposing their identity or transaction history. This caters to users who prioritize privacy in their financial dealings online, positioning Ghost as an alternative in scenarios where transactional anonymity is desirable.
Ghost (GHOST) can be purchased on various cryptocurrency exchanges. Some of the TradeOgre, Hotbit, IDEX, STEX where you can find GHOST include notable platforms that support various privacy coins. Always ensure to use reputable exchanges and practice safe trading habits when buying cryptocurrencies.
Keeping your Ghost safe involves practicing general cryptocurrency security measures. Such measures include using hardware wallets for storing significant amounts, employing strong password practices, enabling two-factor authentication where available, and being cautious of phishing attempts and scam platforms.
The technology behind Ghost is upgraded through community governance and the development team's decisions. Updates and improvements to the network typically undergo a thorough proposal and review process, ensuring community consensus and the integrity of the network remain intact.
The market capitalization of Ghost, which is the total value of all circulating GHOST tokens, is currently $ 1.6M. It holds the #3254 rank in the cryptocurrency market's overall valuation.
The price of a single Ghost (GHOST) token is $ 0.06194100, with its value subject to changes based on market movements and trading volumes. The 24-hour trading volume for GHOST is currently 1.4K.
Remember, the price and other metrics are subject to change, so it's important to check for the most up-to-date information.
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