DASH Price Struggles as GHOST Price Predictions Surge on GhostPay Launch Confirmation

GhostwareOS ($GHOST) will launch GhostPay on November 26, bringing a new privacy layer to Solana-based transactions. GhostPay is the project’s private payment system that masks users’ wallet addresses and identities in all transactions. It is an innovative feature that confirms GHOST’s commitment to increasing the anonymity of blockchain interactions.

The GhostPay launch may confirm the most optimistic GHOST price predictions, helping the coin become a strong contender for the best crypto to buy now. It would also differentiate from the current downtrend in the crypto market, as reflected in the declining DASH price, which is down 62% over the past three weeks.

GhostPay: Making Solana Transactions Private and Secure

GhostwareOS launches GhostPay amid high FUD in the crypto space. The first anonymous payment layer on Solana is a much-anticipated feature for privacy coin users and more. It gives users direct, decentralized discretion through untraceable transactions and masks their wallet addresses.

GhostPay allows anyone to create a private pay link that works like a standard payment request. However, this unique, one-time payment path protects both the sender and the receiver by keeping their details invisible.

GhostPay combines several GhostwareOS technologies to ensure complete transaction anonymity. The app uses the platform’s proprietary Stealth Addresses feature to hide the receiver’s actual wallet. It also uses Tx ShadowNet to route payments through multiple relays to remove traceability.

Additionally, GhostPay protects all transaction metadata using HPKE Encryption and employs Multi-Party Computation (MPC) to ensure no single node can deanonymize or reconstruct the route. The resulting transaction is a 100% private, verifiable payment with zero exposure.

Some of the main GhostPay features include:

Anonymous Pay Links

Every payment request generates a new, untraceable address that can only be used once. The address disappears once the transfer completes, and any transaction details cannot be linked to the parties involved.

Instant Payouts

The receiver gets the payment directly to their connected wallet. Under the hood, GhostwareOS detects the payment and sweeps the funds from the temporary address to their primary wallet. Next, it discards the one-time address to erase all traces of the transaction.

QR Integration

This feature generates a unique, one-time QR code that simplifies mobile payment scanning.

Multi-Token Support

GhostPay works with SOL, USDC, GHOST, and other SPL (Solana Program Library) tokens.

Reward System

Payers earn GHOST tokens for successfully completing private transactions. The app incentivizes and rewards users while maintaining a constant circulation of GHOST tokens.

GhostPay is one of the many GhostwareOS features that innovate the privacy coin niche. Unlike most anonymity-focused apps, GhostPay does not hold the users’ funds. It does not act as a custodian and doesn’t keep any pooled balances. As a result, there’s no risk of capital seizure, and funds travel between payers and receivers as standard, with an extra privacy layer.

With GHOST, users can mask all their blockchain operations.

Will DASH Recover Anytime Soon?

The DASH price is in a continuous decline, consistent with the broader crypto market’s current downswing. In the past three weeks, DASH decreased from $146 to around $55, signaling a 62% drop. Recovering this lost value will likely be an insurmountable task for DASH.

Unlike other privacy coins, DASH is struggling to withstand intense market volatility. Increased FUD and massive liquidations prove that the traders’ trust in this coin is heading toward an all-time low. Moreover, DASH develops slowly and lags behind newer coins, such as GHOST, in innovation.

Lastly, DASH has a market cap of nearly $700 million, well above GHOST’s current market cap of $6.54 million. However, this could work in GHOST’s favor as traders may prefer to onboard a low-cap, up-and-coming coin early for potentially high returns later on.

What Is the Best Crypto to Buy Now?

The GhostPay launch on November 26 marks a pivotal moment in the development of GhostwareOS. It will mark the first time users can use an anonymous payment layer on Solana to benefit from enhanced privacy and anonymity.

GhostwareOS continues its full-fledged development despite the current state of the crypto market. The project defies the ongoing downtrend by addressing the increasing demand for blockchain privacy. Its commitment to innovation and consistent growth make GHOST a strong contender for the best crypto to buy now.