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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19122002 No.19122002[DELETED]  [Reply] [Original]

And it's as based as one would expect from Daddy Mcafee

https://www.ghostbymcafee.com/pdfs/Ghost_by_McAfee_Whitepaper.pdf

>> No.19122022

>microsoftword-quality images on the front page as window dressing

D R O P P E D L M A O

>> No.19122055

>not true black
>paper looks like its a book report designed with a halloween theme

lmao bro what did i buy into im 20k deep

>> No.19122078

>not in latex
yikes

>> No.19122101

>>19122022
>>19122055
You know there are post ID's on this board right?

>> No.19122105

>>19122022
>>19122055
The absolute state.

>> No.19122116

>>19122101
how do I delete a post

>> No.19122131

>>19122116
Go back, not for our sake, but for yours.

>> No.19122135

>>19122116
you dont. we just laugh at you

>> No.19122153

>>19122116
kek

>> No.19122181

>>19122022
>>19122055
>>19122116
you tried

>> No.19122188

>>19122002
This fucker is about 2 years too late fucking Kek.

>> No.19122194
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19122194

>>19122116

>> No.19122204

>>19122002

When mainnet?

>> No.19122205

>>19122188
C O P E
O
P
E

>> No.19122206

jokes aside, im halfway through and im not impressed yet but im holding out for someone smarter than me to point out that im missing something

so far:

>GHOST transactions use a state of the art escrow pool to shield and erase the
history of transactions.
macafee and a trust basically front $5MM in an escrow fund so a txn cant be matched dollar-for-dollar, aka, a money laundering fund

>GHOST is a decentralized proof-of-stake network controlled by GHOST coin
holders. GHOST has no central company or owner. It is run and maintained
by the community.
absolution of responsibility

>GHOST transactions are processed on chain in under 60 seconds with just a
fraction of a penny paid in transaction fees.
remains to be seen, empty promise atm

>GHOST users earn a share of the transaction fees using the staking and
masternode features.
inflation needs to be addressed

>Key Features: Custom accumulator check-pointing system
what is this?

>Privacy Technology: Custom zk-SNARKs ZcashSapling
what is this?

>> No.19122220

jesus what did I buy this looks so goddamn poverty it's like an assignment for Uni

>> No.19122225

I FUCKING TOLD YOU SO

GET REKT ALL

NOW YOU GET WHAT YOU DESERVE

>> No.19122268
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19122268

>Unlike Bitcoin, GHOST does not rely on a Proof of Work (PoW) system

2 paragraphs later:

miners are also contributing to the overall processing of transactions
on the network as well. Miners create new blocks while masternodes process
other internal services.

Also we have to get 1000 DASH to run a node? wtf?

>> No.19122300
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19122300

>>19122116
The state of newfags these days

>> No.19122314
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19122314

Bullish for esh

>> No.19122330

>>19122268
It’s so cobbled together
What the fuck is this bros. What fucking pajeets wrote this

>> No.19122334
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19122334

HAHHAHAAHAHSH

>> No.19122343
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19122343

>>19122116

>> No.19122358

>>19122206
I'll sum it up for you.
Imagine using ZEC with a z-wallet to z-wallet transfer and that transaction passes through TOR.
That is basically what this is.
It doesn't sound impressive, but if it's executed proper...it will literally be untracable execot to the masternodes.
They counter any one master node from being compromised by demanding that there can only be one masternode per active wallet IP.
So say you have 60,000 Ghost and want to run 3 master nodes...you need 3 IP addresses.
To my knowledge....no other PoS coin has this requirement to help prevent hoarding for stake fees.

>> No.19122368

>>19122358
Can’t I as one individual just rent 3 servers though to run masternodes?

>> No.19122380

>>19122022
>>19122055
>>19122116
checked, pretty good bait. looks like you got some people

>> No.19122392

>>19122368
In theory yes, but the nodes would still be divided by the 20,000
It's a forced decentralization of the master nodes if I understand the paper correctly.

>> No.19122397

>>19122002
CUT OF YOUR DICK YOU CON

>> No.19122423

>>19122055
Fuuucking bearish kek

>> No.19122439
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19122439

>>19122116

HAHAHAHAHA

This shits going to 100 buck a coin.

>> No.19122452

Keep the fud up guys i need to buy this thing in as low as possible

>> No.19122456

>>19122268
bruh the dash portion was just being used as an example. scroll down a little bit or use the table of contents

>> No.19122480

Honestly, if my island neighbor poisoned all 9 of my dogs because they were loud, i would shoot your ass too. Play stupid games win stupid prizes

>> No.19122491

holy shit this English... this whitepaper was 100% outsourced to Kuala Lumpur

>> No.19122525
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19122525

The fact that the white paper wasnt shit is very bullish for esh

>> No.19122529

MARKET SOLD

>> No.19122531

>>19122439
I hope so. I'm going to sleep. When I wake up, this better not still be a fucking $1.6 stable coin else I'll rage fuck my girl twice as hard.

>> No.19122545

>>19122491
>However as the digital age of onlinecurrency has progressed and independent developers have continued to revolutionize and prioritize the privacy of users and their transactions with the creation of entirely new networks with a focus on privacy. Many of the secoins have incredible features that have been developed.

>> No.19122555

>>19122529
good move. pivx dev here, yes we'll be suing. :)

>> No.19122585

>>19122529
Fuck vitalik. Asshole's tweet related to rocketpool cost me $1000.

>> No.19122600

>>19122358
Basically this. It's truly the best security coin on the market if this pans out

>> No.19122629

OK so how much will a masternode be going for EOY?

>> No.19122633

>>19122116
Off to the gulag, Ivan

>> No.19122634

this paper is seriously terribly written
what the fuck

>> No.19122655

>>19122634
Screw the wording and the style. The substance is where it's at.

>> No.19122683
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19122683

the consensus is in i think, this whitepaper sucks.

that said, ill hold my shit my ESH until the airdrop just so i can have some skin in the game but i am definitely not risking anything more than i can afford to lose

should've known this was a bullshit scam, literally nothing of value here besides McAfee being a "legit scammer" in the space

>> No.19122686

>>19122206
>zk-SNARKs
zero knowledge aka privacy

>> No.19122698

>>19122683
Scammer? Nope, false. Take that back RIGHT NOW !

>> No.19122701

>>19122268
They were talking about dash idiot

>> No.19122757

>>19122634
Mcafee probably wrote it himself

>> No.19122759

>>19122655
how can you trust the people designing it if they can't write a compelling white paper?

>> No.19122761

>>19122330
Dont blame others for your lack of reading comprehension

>> No.19122769

Lol your Fud is failing volume is mooning price is mooning.

>> No.19122782

>>19122769
Hope you bought the dip biz