INTRODUCTION
There is quite a lot of improvement in the sector of cryptocurencies that has erased all the shortcomings in it, providing an ease of operation for all the activities done in it. However, so many steps have been taken to see to it that all the plans of the investors to eliminate their losses and have a new way of taking advantage of the system becomes successful and the that the ledger chain should become globally adopted as it should be but with the nature of the current tech, all that is still seen to be impossible which is why the need for a privacy coin arose such thatz both security and privacy can be a factor or features that will change the entire system. And that will only be achieved through veil.
VEIL INNOVATION
The vast ledger chain has been made to be very versatile, flexible and able to solve many problems, however there are many ways it is able to go about all these using its own power of decentralisation and also in conjunction with others. So this makes it play so many roles in the social world of humans and putting an end to their misery. Now veil as a project in it too has a very important goal which is to provide protection and forster privacy. So there are so many advantages to this operation and the role which Veil plays is endless and very important in the entire innovation which amounts to the time it takes in taking care of all of thes process. Making use of this tech and keeping users information safe is a good thing to achieve anyway especially with the effectiveness of decentralisation and making data of users anonymous. The transparency of the ledger chain won't be a cause for the exposure of the users confidential credentials but will rather be a supportive tool to users such that they will become free to share or save their credentials in the community without the fear of the system letting it out or making them accessible to other users.
Veil as a platform has been able to deal with third parties, so it means that they are not needed and information wont be passing through them as a channel again but directly giving users the ability to store data by themselves to avoid the monetizing of their resources behind their backs or the unsafe use of it. Now many organizations and private individuals will be proud to boost about all what they can get in the system and how easy it would be for them using veil on the DLT. Although many have thought of such a confidential Innovation but they haven't been chanced or empowered to start it, all thanks to the veil team that detected the lapses and has decided to fill it up with Veil. Users operations also needs privacy. Not all users wants their transactions to be public, confidentiality is also needed here and will be achieved simply through this same veil that has got all the facilities and has come to do more right than wrong in the sector. There is almost nothing impossible to achieve with this platform, and that brings us to study the advantages it brings to the system because it is the solution investors have been waiting for for so long.
THE ADVANTAGES OF VEIL
This platform has been made to be better off than other security platform with its own blueprint towards providing privacy and confidentiality in operations. This has been its objective and the reason why it is existing which makes it a surety for users that seek this quality in their operations on the DLT.
Other privacy coins have failed users and having veil has become more like a compensation to them because of the issues it can solve and the support it gives the system and users all the same in its ecosystem and the privacy coin provided for the activities. Privacy issues in world now will no longer be a threat because now there is a platform to take care of that. The cryptocurency world will now be safer than before, to make confidential operations will be effortless establishing a standard class of operation with veil.
CONCLUSION
Full support is given by veil to users through its Veil coin which cannot be replaced or done without. This is what makes full privacy achievable and provide endless opportunities for the users to leverage on. This is the way it was designed but it has to partner with some other platforms that should aid this process and they are the Zerocoin and RingCT. They are also designed for privacy and so theie activities on the platform will go a long way to assist its Innovation. Different wallets has been designed also, to aid mining and for trading purpose in the system. There is no less structure or tools but all are high class and standard to make the goals of the platform realized.
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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