VEIL: A PROJECT FOR ADVANCEMENT IN THE CRYPTOCURRENCY.

in #blockchain6 years ago

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INTRODUCTION

There might be so many project lined up to do one thing or the other in the cryptocurency community, Veil is just a different one with a unique solution. Although so many issues can be identified in the DLT, many of them have surfaced on the ground of no Security and lack of a beneficial mining system. Now Veil's team has deemed it fit take over and present solutions as appropriate to these and that has been the drive of the platform. The technology to be used now is that will make provisions for all that is lacking and revamp the entire ledger economy at once through Veil.

VEIL'S EMERGENCE

I will say it is a beautiful thing having veil at this time and its Innovation as a privacy coin is going to be well appreciated as people begin to use it. The team had made so many researches before coming by this large concept that is benefitting to all. Investors in particular are in for a big advantage as they dance to the tunes of Veil. It is a project of convenience, and will saturate the entire atmosphere of cryptocoins. However, it has adopted some other privacy coin to be as partners, both driving the system and making some changes.

Then privacy coin for sure serve as the hope of the blockchain and now that they have been set up will be effective in reviving the network. Also, Zerocoin will play a good part in supporting veil and as that happens, the problems that users are faced withnin existing structures will be resolved. The core focus is placed on privacy as I have mentioned earlier, not only that but also Security, and in this ecosystem, the effect of one will be seen to affect the other so veil will be analysing why it is necessary to pursue privacy first and not Security because once privacy is achieved, it will also have an impact on security. Then the third focus is placed on the comfortability of miners and users at large.

THE CORE PILLAR COMPONENTS OF VEIL

Zerocoin is a privacy provision also that does so much in the platform. It has been incorporated into this platform for a good reason that will soon be seen as the project is lauched. It provides real privacy and also impacts the system in its own little way because of its stand for privacy from the onset. This is what puts an end to hacks and theft and also establishes the anonymousity in the platform.

Veil uses the best operating system of Bitcoin and other protocols that supports it. It uses the software that is most compactible with its operating system and by doing that it is able to stand with no vulnerabilities at all.

The best algorithms forms a bond here in veil. The PoS and PoW consensus impact the best experience in mining and by that the users are able to mine with ease and enjoy incomes from their activities. All they need to do is get their wallet ready by installing and then have their operations of mining started.

The wallet of veil is also a fractional part of the system. This is where all the coins are stored or used up for staking or other activities. This is how far the wallet functions although more use will be discovered soon.

ESSENTIAL HIGHLIGHTS OF VEIL

Ever active privacy that never goes off: this is something every users are proud of you in the platform. They will never be detected with this feature.

Unstoppable earnings with Veil: through staking of the veil coin, this is established. This is doemne from the wallet and the income is earned as long as the miners play their role.

No ICO or Fundraising: this project has no ICO to supply it nor investors to contribute to its Fundraising. It is a self sufficient platform and that make it different from the others.

Unending Stream of Income: you can earn when you put some of your veil coin into the wallet and stake. The income will start coming forth once the wallet account is activated and that is how people can have their financiaI status changed.

Smooth Mining Process: apart from staking to earn, mining is another way of earning in Veil. This will require miners to join pools for mining that they can be associated with and then they will have their rewards when they mine.

CONCLUSION

All I can say is that this project is a venue to achieve an unbiased result in staking and well refined network for privacy. The values it will add to the system will last long and they will be proud they were a part of the system.

USEFUL LINKS
Website: https://veil-project.com/
Telegram: https://t.me/VEILProject
Discord:https://discordapp.com/invite/Ywyb9hs
ANN Thread:https://bitcointalk.org/index.php?topic=5065331.0
Facebook:https://www.facebook.com/projectveil/
Twitter: https://twitter.com/projectveil
Reddit: https://www.reddit.com/r/Veil/
Github: https://github.com/Veil-Project

AUTHOR'S DETAILS
Bitcointalk Username: Kpelumo
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2576788
Veil Address: bv1qgkr8hxwhu7wl3vah4hqnyrqxvf0shkgc5g6zg7

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