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Reference

Glossary

165 definitions.

GHOST

The privacy-focused cryptocurrency launched by John McAfee in 2020, evolving through multiple whitepapers and a Particl-derived mainnet.

John McAfee

Cybersecurity pioneer, founder of McAfee Associates, and the public face behind the GHOST announcement and its early privacy ecosystem.

Privacy coin

A cryptocurrency designed to obscure sender, recipient, and/or transaction amounts on a public ledger.

Proof of Stake

A consensus mechanism where validators forge blocks based on the amount of cryptocurrency they hold and stake, rather than computational work.

Proof of Work

A consensus mechanism where miners compete to solve cryptographic puzzles to produce blocks, as used by Bitcoin.

UTXO

Unspent Transaction Output — the model Bitcoin and its derivatives use to track coin ownership as discrete spendable outputs.

Ring signature

A cryptographic signature where the real signer is hidden among a group of decoy public keys, providing plausible deniability.

RingCT

Ring Confidential Transactions — combines ring signatures with hidden transaction amounts using Pedersen Commitments.

MLSAG

Multilayered Spontaneous Anonymous Group signatures — the ring signature construction used to sign over RingCT inputs.

Pedersen Commitment

A commitment scheme that hides a value while allowing the network to verify inputs equal outputs without revealing amounts.

Confidential Transaction

A transaction type that hides transferred amounts using cryptographic commitments and range proofs.

Bulletproof

A zero-knowledge range proof with no trusted setup, used to prove committed amounts are non-negative without revealing them.

Zero Knowledge Proof

A proof that demonstrates a statement is true without revealing the underlying secret that makes it true.

Stealth Address

A one-time destination address derived per transaction so a public address never appears repeatedly on-chain.

View Key

A key that allows a party to verify incoming transactions to a stealth address without granting spending power.

Spend Key

The key that authorizes spending of funds sent to a stealth address; must remain private.

Diffie-Hellman

A key-exchange protocol used to derive a shared secret between sender and recipient for stealth address generation.

Dandelion++

A transaction-propagation protocol that first sends a transaction along a restricted stem path before broadcasting, to obscure its IP origin.

Stem Phase

The first Dandelion++ phase where a transaction is relayed along a single probabilistic path before broadcast.

Fluff Phase

The second Dandelion++ phase where the transaction is broadcast normally to the wider network.

Cold Staking

Staking where spending keys remain offline while separate staking keys authorize block production, reducing hot-wallet risk.

Hot Staking

Staking from a wallet whose keys are held on a connected machine, increasing exposure to compromise.

Masternode

A full-node collateral model used by some coins for governance and services; GHOST's original plan referenced masternodes before Ghost Veterans.

Ghost Veteran

GHOST's later participation model requiring a 20,000 GHOST threshold and active staking, replacing conventional masternodes.

Block Reward

New coins minted as an incentive to the staker who produces a valid block.

Emission

The schedule by which a coin's supply is released over time through block rewards.

Soft Cap

A target maximum supply that the emission schedule approaches asymptotically rather than strictly capping.

Atomic Swap

A trustless cross-chain trade where each party receives the other's coin only if the counterparty does, typically via hashed timelocks.

Wrapped Token

A representation of a token on a different chain, backed by the original asset, e.g. wGHOST on Polygon.

wGHOST

Wrapped GHOST — a representation of GHOST on networks such as Polygon enabling DeFi interaction.

ERC20

The Ethereum token standard used for the initial GHOST distribution before mainnet migration.

ESH

The Switch ecosystem token whose holders received the initial GHOST distribution via a May 25, 2020 snapshot.

Switch

The privacy marketplace ecosystem associated with ESH and McAfeeDEX, linked to GHOST's initial distribution.

GhostX

A privacy-oriented decentralized exchange concept associated with the GHOST ecosystem.

Telaghost

A proposed Telegram-integrated private messaging and GHOST payments application from the 2020 vision.

MetaGhost

A proposed browser-wallet vision inspired by MetaMask for GHOST mainnet and Ethereum interaction.

GHOST-DAI

McAfee's later private stablecoin concept proposing DAI as a foundation for a privacy-preserving stablecoin.

GhostVault

A later GHOST ecosystem component referenced in post-McAfee development roadmaps.

Ghost Secure Tunnel

A later privacy-networking component referenced in continuing GHOST development.

Ghost Chat

A private messaging component referenced in 2025-era GHOST development.

GhostChain

A separate community branch describing itself as a continuation of McAfee's vision after a community split; distinct from the original Ghost Privacy network.

Poltergeist Exchange

An exchange associated with later GHOST-DAI and stablecoin collaboration efforts.

Particl

A privacy-focused blockchain from which the revised GHOST codebase was derived; open-source ancestry, not organizational affiliation.

PIVX

A Proof-of-Stake privacy coin whose 2018 whitepaper was alleged to have been copied in the original GHOST whitepaper.

Monero

A leading privacy coin using RingCT and stealth addresses; a frequent comparison for GHOST.

Zcash

A privacy coin using zk-SNARKs; the original GHOST proposal referenced Sapling-related concepts.

Dash

A privacy coin using a masternode layer; a frequent comparison for GHOST's original masternode plan.

zk-SNARK

Zero-knowledge succinct non-interactive arguments of knowledge, used by Zcash; referenced in GHOST's initial proposal.

Sapling

A Zcash upgrade providing efficient zk-SNARK proofs; referenced in GHOST's early privacy framing.

Zerocoin

An earlier privacy protocol predecessor to Zcash; referenced in older specifications PIVX highlighted.

Anonymity set

The set of possible signers or inputs that could plausibly have produced a transaction, defining the privacy of a ring.

Plausible deniability

The property that an observer cannot prove which member of a ring produced a signature.

Transaction graph

The graph of linked addresses and transactions observable on a transparent chain, used for clustering analysis.

Address clustering

Heuristic analysis grouping addresses likely controlled by the same entity on transparent chains.

Fungibility

The property that units of a currency are interchangeable; transparency and tainting can erode fungibility.

Tainted coins

Coins associated with prior activity that some services refuse to accept, a fungibility problem privacy coins aim to solve.

KYC

Know-Your-Customer identity verification performed by exchanges, linking wallets to real identities.

Dandelion

The original transaction-propagation privacy proposal; Dandelion++ is the hardened successor.

Intersection attack

An attack that narrows anonymity sets by observing which participants are active across transactions over time.

Graph-learning attack

An attack that infers transaction origins by mapping network propagation patterns.

Black-hole resilience

Resistance of a propagation protocol to nodes that refuse to relay transactions.

Range proof

A proof that a committed value lies within a range (e.g. non-negative) without revealing it.

Trusted setup

A ceremony generating parameters that must be destroyed; Bulletproofs avoid this requirement.

Block time

The target interval between blocks; GHOST's original proposal was 60 seconds, the revised chain 120 seconds.

Block size

The maximum data per block; GHOST's original proposal was 2 MB, the revised chain 8 MB.

Genesis

The first block of a blockchain; GHOST mainnet genesis occurred June 22, 2020.

Mainnet

The live production blockchain, as opposed to a test network.

Testnet

A separate network for testing software without real value.

Fork

A divergence in a blockchain's code or consensus; GHOST was forked from Particl's codebase.

Hard fork

A consensus change that requires all nodes to upgrade, creating a permanent divergence.

Soft cap

A supply target approached asymptotically by emission rather than a hard limit.

Staker

A participant who locks coins to forge blocks and earn rewards under Proof of Stake.

AGVR

An adaptive governance / reward concept referenced in post-McAfee GHOST development.

Taproot

A Bitcoin upgrade improving privacy and scripting; referenced as groundwork in later GHOST development.

Polygon

A scaling network bridged by wGHOST to enable GHOST interaction with DeFi.

Ghost Core

The core node software of the GHOST blockchain, maintained by the continuing community.

Ghost Privacy

The project brand under which the continuing GHOST whitepapers and development are published.

McAfeeDEX

A decentralized exchange concept associated with McAfee, linked to the Switch ecosystem.

eSIM

An embedded SIM allowing remote carrier provisioning; central to the Ghost Cell Phone Data Service concept.

VoIP

Voice over IP telephony, claimed as a supported capability of the Ghost Phone concept.

GhostDAO

A governance concept referenced in the GhostChain branch.

ghostNFT

A non-fungible token concept referenced in the GhostChain branch.

ghostAirdrop

A distribution concept referenced in the GhostChain branch.

ASTRAL-VM

A virtual machine concept referenced in GhostChain's Substrate-based research.

Substrate

A modular blockchain framework; referenced in GhostChain research.

GHST

A different token (Aavegotchi) sharing a similar ticker; not GHOST. The archive distinguishes all ticker collisions.

GMV

A ticker associated with some Ghost-related tokens; distinct from GHOST and GHST.

Quantum resistance

Resistance of cryptographic schemes to attack by quantum algorithms such as Shor's algorithm.

Shor's algorithm

A quantum algorithm that can break elliptic-curve cryptography given a sufficiently large quantum computer.

Post-quantum cryptography

Cryptography believed secure against quantum adversaries, using standardized PQ signatures or KEMs.

Elliptic curve

The mathematical structure underlying the public-key cryptography used by most cryptocurrencies.

Address reuse

Reusing a public address, which weakens privacy and increases quantum-key exposure.

Rotating spending address

Using fresh addresses per transaction to limit public-key exposure and improve privacy.

Sapling

Efficient zk-SNARK proofs in Zcash; referenced but not ultimately the basis of the launched GHOST chain.

Decoy

A real chain output included in a ring signature to enlarge the anonymity set around the true input.

Unlinkability

The property that an observer cannot link a transaction to a specific prior output or address.

View key

See View Key.

Spend key

See Spend Key.

Shared secret

A value derived by Diffie-Hellman that both parties can compute but an observer cannot, used for stealth addresses.

One-time address

A single-use destination key generated per transaction via stealth address logic.

Sender privacy

Obscuring which prior output funded a transaction, provided by ring signatures.

Recipient privacy

Obscuring the destination of a transaction, provided by stealth addresses.

Amount privacy

Hiding transaction values, provided by confidential transactions and range proofs.

Network privacy

Obscuring the IP origin of a transaction, addressed by Dandelion++.

Endpoint security

Security of the user's device and software; privacy cryptography cannot protect a compromised endpoint.

Operational anonymity

Anonymity achieved through user behavior, not cryptography alone.

Cold wallet

A wallet whose spending keys are kept offline.

Hot wallet

A wallet whose keys are on a connected device.

Staking delegation

Allowing another node to stake on behalf of a holder without transferring spending keys, as in cold staking.

Governance

The mechanism by which a project makes decisions; GHOST moved toward on-chain governance.

On-chain governance

Decisions encoded and executed through the blockchain itself.

Emission schedule

The defined curve of block reward reduction over time.

Snapshot

A balance capture at a specific block used for distributions, e.g. the ESH snapshot of May 25, 2020.

Token swap

Exchanging one token representation for another, e.g. ERC20 GHOST for mainnet GHOST.

Airdrop

A free distribution of tokens to qualifying addresses.

Whitepaper

A technical document describing a project's design; GHOST had multiple across its history.

Codebase

The source code foundation of a project; GHOST's revised codebase derives from Particl.

Open source

Source code published for inspection and reuse under a license; openness does not imply safety.

Repository

A version-controlled source code store, e.g. on GitHub.

Release

A published version of software with defined changes.

Hard fork

See Hard fork.

Security release

A release fixing vulnerabilities.

BasicSwap

A decentralized exchange associated with the Particl ecosystem, referenced in GHOST's code archive.

Ghost Desktop

Desktop wallet software in the GHOST ecosystem.

Ghost Chat

See Ghost Chat.

Fungibility problem

The risk that transparent-chain coins become non-interchangeable due to history.

Transaction graph analysis

See Transaction graph.

Exchange linkage

Connecting on-chain activity to identities via KYC'd exchange accounts.

Public key exposure

The risk that published public keys become targets for future quantum attacks.

MLSAG

See MLSAG.

Confidential

See Confidential Transaction.

Proof size

The data footprint of a cryptographic proof; Bulletproofs are valued for efficiency.

Anonymity

The state of an actor being unidentifiable within a set; not absolute in any single mechanism.

Cypherpunk

A movement advocating privacy and cryptography for social change, the cultural root of privacy coins.

Block height

The sequential number of a block from genesis.

Consensus

The rules by which nodes agree on the valid chain state.

Validator

A node authorized to produce blocks under Proof of Stake.

Collateral

Locked funds required to operate a masternode or veteran node.

Reward allocation

The split of block rewards among stakers, veterans, and development.

Development allocation

The portion of emission directed to project development.

Soft fork

A backward-compatible consensus change.

Node

A computer participating in a blockchain network.

Peer

Another node a given node is connected to for relaying data.

Propagation

The spreading of transactions and blocks across the peer network.

Broadcast

Sending a transaction to many peers simultaneously, as in Dandelion++'s fluff phase.

Timing attack

An attack exploiting timing patterns in transaction propagation.

IP privacy

Obscuring the network origin of a transaction, distinct from transaction-graph privacy.

Independent archive

A research project unaffiliated with the project it documents, as this site is.

Investment advice

Recommendations to buy or sell assets; this archive explicitly does not provide it.

Primary source

An original document or record, e.g. a whitepaper or blockchain data.

Secondary source

A source reporting on or analyzing primary sources, e.g. news coverage.

Project claim

A statement made by a project but not independently confirmed.

Disputed claim

A claim contested by another source.

Historical claim

A claim that was true at a point in time but may no longer be current.

Verified

Independently confirmed by multiple reliable sources.

Unknown

A status that cannot be determined from available evidence.

Research

A capability under investigation, not yet released.

Planned

A capability intended for development but not yet implemented.

Testing

A capability under evaluation before release.

Released

A capability that has been deployed and made available.

Discontinued

A capability that was available and is no longer maintained.

Concept

An idea described but never implemented.

Announced

A capability publicly stated by the project, not necessarily built.

Development

A capability under active construction.

Active

A capability currently operational; must be verified, not assumed from history.

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