Bittime - Ghosty Cash (GHSY) comes as an innovative token that aims to revolutionize privacy in crypto transactions. GHSY leverages a cutting-edge technology called "Monero Tunnel and Transfer" (MTT) to offer unprecedented transaction anonymization.
What is Ghosty Cash (GHSY)?
Ghosty Cash is a platform focused on crypto anonymization. Unlike traditional coin mixer services, GHSY does not manage user funds. Instead, GHSY uses MTT technology to route transactions through Monero-based encrypted "tunnels," making transactions untraceable.
Key Products & Features of Ghosty Cash (GHSY):
- Monero Tunnel and Transfer (MTT): GHSY's core technology that enables the anonymization of crypto transactions without a coin mixer.
- Self-Service Fund Allocation: Users retain full control over their assets during the transfer process.
- Cross-Chain Transfers: Facilitate crypto transfers between different blockchains.
- Price Aggregation: Find the best price for users when making crypto transfers or exchanges.
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What is GHSY?
GHSY is a BRC-20 utility token that serves as fuel for the Ghosty Cash platform. GHSY is used for:
- Pay anonymization transaction fees.
- Participate in platform governance.
- Receive staking rewards.
Tokenomic Token GHSY:
- Circulating Supply: 33.333.333 GHSY
- Max Supply: 33.333.333 GHSY
- Market Cap: IDR 277.67 billion
Data based on CoinMarketCap as of March 6, 2024.
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Ghosty Cash (GHSY) Fundamental Analysis:
- Innovative Technology: MTTs have the potential to offer more effective privacy solutions compared to traditional coin mixing services.
- Focus on Privacy: Ghosty Cash prioritizes user privacy with its architectural design and operational approach.
- Early Stages of Development: The Ghosty Cash project is still in the early stages of development, and information regarding the team, roadmap, and adoption is still limited.
Ghosty Cash (GHSY) Comparison & Competitors:
Feature | Ghosty Cash | Monero | Tornado Cash |
Anonymization Technology | Monero Tunnel and Transfer (MTT) | Ring Signatures | Coin Mixer |
Fund Control | User | User | Third Parties |
Cross-Chain Transfer | Already | No | No |
Founder & Tim Ghosty Cash (GHSY)
Information regarding the founding team and developers of Ghosty Cash is not yet available to the public.
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Expert Opinion About Ghosty Cash (GHSY)
Given that the project is still new, there aren't many expert opinions available regarding Ghosty Cash yet.
Conclusion
Ghosty Cash offers an innovative approach to crypto anonymization through MTT technology. However, the lack of transparency and short project history are major concerns. Investors are advised to exercise caution and do further research before investing in GHSY.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application. Learn the Complete Guide on How to Buy Crypto on Bittime.
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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