Home Crypto News GHOSTed: John McAfee Breaks Up with His Privacy Coin Project on Twitter

GHOSTed: John McAfee Breaks Up with His Privacy Coin Project on Twitter

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John McAfee, the cybersecurity pioneer and cryptocurrency commentator who based the pc safety firm that bears his title, has simply introduced that he’ll now not be related with the privateness asset venture he began in April, often called Ghost.

“I am abandoning the Ghost project,” he stated on Twitter on August 19th, including that “management is incapable of making a success of the project,” and that “it will, without a doubt fail.”

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McAfee’s determination to desert the venture appears slightly abrupt: only one week in the past, McAfee was publicly singing the project’s praises on Twitter: on August 13th, he wrote that “I have labored my entire life to reach the point where I could produce an Ecosystem as powerful and groundbreaking as the Ghost Exchange, the Ghost coin and the Ghost phone[…] $GHOST is the future.”

A nasty breakup, McAfee fashion

McAfee elaborated a bit on his determination, saying that he was deeply upset with the venture’s administration staff.

“I tried to explain the fundamental principles of management, but they fell on deaf ears. My apologies to those that I led astray. Sorry,” he wrote. He additionally known as one of many venture’s staff leads “an idiot”; on the venture’s Telegram channel, a consultant of the Ghost staff known as McAfee a “loose cannon.”

And, true to bad-breakup for, McAfee additionally stated that he could be eradicating his two-month-old Ghost tattoo that he received in honor of the venture.

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The value of GHOST tokens that have been related with the venture has plummeted because of the announcement. At press time, the worth of the asset had fallen 49.95 % within the final 24 hours, from $0.61 to $0.31.

Ghost will proceed operations regardless of McAfee’s exodus

Although McAfee’s determination to exit the Ghost venture could appear disastrous within the quick time period, a consultant of the Ghost staff defined on the venture’s Telegram channel that the venture is trying to the long run.

“GHOST is an open source decentralized project. John can help market GHOST to his network or doesn’t have to, but that does not effect the GHOST blockchain whatsoever,” the consultant wrote, including that “John is in no way involved in any day to day operations, nor has he ever been involved with any of the tech or building of GHOST.”

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