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RESEARCH ARTICLE

The Revised 2020 GHOST Whitepaper Explained

The Particl-derived architecture that actually launched.

Editorial metadata · E-E-A-T
Author
The GHOST Archive Editorial Team
Editor
The GHOST Archive Editorial Team
Published
2024-01-01
Updated
2026-10-08
Last verified
2026-10-08
Direct answer

After the PIVX controversy, GHOST published a revised architecture describing a Particl-derived blockchain with 120-second blocks, 8 MB blocks, RingCT, stealth addresses, Bulletproofs, Dandelion++, Ghost Veterans, cold staking, and community governance. This is the architecture the launched mainnet implemented.

What changed

Original proposalRevised architecture
PIVX-relatedParticl-derived
60-second blocks120-second blocks
2 MB blocks8 MB blocks
MasternodesGhost Veterans
zk-SNARK/Sapling framingRingCT + Bulletproofs

The privacy stack

  • ›RingCT for sender and amount privacy
  • ›Stealth addresses for recipient privacy
  • ›Bulletproofs for zero-knowledge range proofs
  • ›Dandelion++ for network propagation privacy

Governance and participation

Cold staking let holders delegate staking without exposing spending keys. Ghost Veterans replaced conventional masternodes with a 20,000 GHOST threshold and active staking requirement.

Sources

  • S-02Revised GHOST Whitepaper (June 2020)PRIMARY
    2020-06 · whitepaper · supports: Particl-derived architecture, RingCT, stealth addresses, Bulletproofs, Dandelion++
    https://github.com/ghost-coin
  • S-07Particl source repositoryPRIMARY
    ongoing · source code · supports: GHOST codebase ancestry
    https://github.com/particl
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