Why in news Bitcoin scam accused hacker Srikrishna Ramesh, aka Sriki, allegedly uses ghost protocol to store and transfer Ether (crypto...
Why in news
Bitcoin scam accused hacker Srikrishna Ramesh, aka Sriki, allegedly uses ghost protocol to store and transfer Ether (cryptocurrency) as moving into the main blockchain would flag the transfer, according to sources investigating the scam
Ghost protocol
Transferring the coins kept in the orphaned blockchain to another meta mask address is known as ghost protocol
If anyone moves the coins to the main blockchain of the ethereum, the whale alert, which is continuously monitoring the chain, will flag these coins
The flagged coins cannot be traded, and it may create trouble for those who have moved the coins
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