Ghost Notes 26/06/20

Ghost
2 min readJun 27, 2020

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Ghost Wallet and Blockchain
Ghost ERC-20 swap to mainnet is going very smoothly. Over $5M:moneybag:has already been converted! Users are now staking successfully and the blockchain is functioning properly.

If you would like to suggest any improvements or you happen to find an issue with the Ghost wallet, please submit these on the public repo here: https://github.com/ghost-coin/ghost-desktop/issues

Staking Setup Guide
Hot staking in the Ghost wallet is enabled by default. Please note that you MUST have the Ghost desktop app open in order to stake and earn rewards.

In the next few days, we will be providing a detailed guide on how you can setup a VPS (virtual private server) for cold staking so you wont have to keep the desktop app open to earn staking rewards.

Ghost Veteran Rewards
The GVR (Ghost Veteran rewards) fund is essentially a pool of coins that is accumulated over a 30 day period. At the end of said interval, all users who hold more than 20k coins (Ghost Veterans) will receive their share of the reward allocated to this program.

We will be providing more information about the specific requirements and instructions in the coming days.

Please note that as an exception, in order to be eligible for the first 30 day period, each 20K Ghost allocation will only need to be on the mainnet chain before the 21st of July.

Public Token Swap Report
To ensure full transparency in the token swap process from ERC20 -> mainnet, we will be releasing a complete breakdown of the exact amount of tokens generated on the genesis block, along with their respective transactions.

In addition, proof of all the ERC-20 GHOST being burnt will also be given.

As mentioned previously, staking rewards that were generated before the wallet release will also be burned in a verifiable way, with the exact amounts to be shown in the report.

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Ghost
Ghost

Written by Ghost

Ghost is a Decentralized Proof-of-Stake Privacy Coin engineered to make you nothing but a “ghost” while transacting online.

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