Wrapped Ghost (WGHOST)

The decentralized privacy project GHOST has announced the release of its most anticipated addition. Project officials state that the launch of the Wrapped Ghost token (WGHOST) along with the Ghost-Polygon bridge will usher in a new era of privacy and interoperability in the anonymous cryptocurrency industry. The launch of WGHOST on Polygon is the first part of a two-phase plan: Ghost is subsequently preparing to launch the long-awaited bridge on Polygon.

Phase 2 of 2 will include the launch of our decentralized two-way bridge as mentioned earlier. When this bridge goes live we will upgrade the current wrapped ghost smart contract which will include some new features making it a better overall token. While we are closing in on Phase 2, final testing is being done on various aspects of the bridge such as the oracle and among other parameters.

The smart contract itself will launch with 100,000 tokens in circulation. Each WGHOST token is issued at a 1:1 ratio with its counterpart in the $GHOST core network to eliminate any manipulation of the coin's circulation.

The new developments will move Ghost's anonymous ecosystem one step closer to its goal of freedom of choice between public and fully anonymous payments, unique passive-stacking options, secure methods of entry into the decentralized economy (DeFi) for both new and experienced users, and ultimately secure communications, anonymous digital identity, and more.