Ghost
Crypto Overview
Overview
Ghost is a privacy-focused cryptocurrency that emerged from a fork of the PIVX blockchain in 2020. The project aims to provide anonymous and private transactions through zero-knowledge proofs while maintaining a proof-of-stake consensus mechanism.
Intended Purpose & Current Usage
The primary stated purpose of Ghost is to serve as a privacy-preserving medium of exchange. It implements features like stealth addresses and ring signatures to enhance transaction privacy. The project also includes a governance system where GHOST token holders can participate in decision-making regarding protocol updates.
Business Model & Platform Activity
Ghost operates on a decentralized network where users can send and receive private transactions. The project maintains regular development updates, though activity has been relatively modest compared to larger privacy coins. The ecosystem includes a native wallet and has integrated with several privacy-focused exchanges.
Token Distribution & Governance
Ghost implemented a fair launch model with no pre-mine for founders. The token distribution occurs through staking rewards, with network participants able to run masternodes to help secure the network. The project maintains transparency in its development process through public GitHub repositories and community forums.
Crypto Impact
To assign a comfort level investing in Ghost from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Ghost.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.