Introduction
As you remember, the emergence of blockchain technology was caused by an extremely unstable situation in the world economy market, which ultimately led humanity to a global crisis. Blockchain has become a kind of alternative to centralized payments, with increased speed and maximum confidentiality and security. However, over time, with the development and popularization of the technology itself, many of its technical indicators have changed. Most transactions are public and everyone can view one or another transfer of each individual member of the blockchain network. That naturally violates certain principles of freedom and confidentiality of the rights of the participants themselves. The group of specialists offers to solve this problem, which intends to reunite several sources within the same technology concept and provide the user with the most reliable, confidential and completely anonymous environment of existence. The project which will be discussed today is called Veil. This project intends to use all the accumulated user experience in the blockchain industry and use it as a basis to create the most advanced anonymous platform throughout the blockchain space.
To implement their plans, the developers decided to use the Bitcoin cryptographic protocol (0.117.1). Since this version of the protocol throughout its existence, and this is already almost 10 years, has proved its high efficiency and security among all other software. The Zerocoin protocol will supplement the technical structure of the Veil project, which assumes and proves with its cryptographic method the zero value of the transactions made, without the ability to clearly determine the nominal value of the input or output of the asset, that is, creating complete anonymity for all the operations. The third component on the network will be Dandelion support, the protocol of which does not allow tracing the beginning of the original transaction, which as a result provides each user with additional confidentiality. Thus, we see how, from different parts of aggregate technologies, the developers created an improved model, naming it Veil.
What exactly is VEIL?
As pictured on top of and as indicated on the official web site of Veil, Veil is integrating best-in-class anonymity technologies to become the first cryptocurrency that provides uncompromising, always-on privacy.
The main goal of zerocoin technology is to make sure that the crypto transactions area unit dispensed fully confidentiality, by this, the sender or receiver isn't glorious and might not be followed. This is a situation that would benefit us all.
Aside from this, the project has different features. One of them is that the staking system as an example If you have 14.000 veil coins, you can get 50 veils per day. To do this, just keep your wallet open. But, as is known, in all stake systems, the stock rewards fall over time and are variable. The present award in Veil’s current system is extremely satisfactory. Besides, the Veil is allowed to be mineable. Applying the Veil system, you can gain a lot of coins including the Veil and earn passive income. You can follow these instructive steps to get stock rewards.
The veil is privacy centered to the core and represents the last word cryptocurrency through implementing the simplest namelessness protocols offered creating it really – “Privacy while not Compromise” and “always ON anonymity”
- ZeroCoin Protocol
- Ring Confidential Transactions (RingCT)
- BulletProofs
- X16RT Mining Algo
The Unique Features
Never Sleeping Privacy
By the combination of Zerocoin protocol and RingZT technology, a powerful privacy ground was created by the Veil team. It means permanent privacy without appeasement.Earn While Being Anonymus
Veil includes a distinctive feature principally useful its users that it offers the brilliant chance to stake coins cleanly anonymous. If you're a Veil holder then staking is yours terribly} very personal manner. Income without privacy lose.Equitability
From the start, Veil acts by taking into consideration of its loyal companion’s interest. Veil conducted no ICO, prepared no premined coins and keep its blockchain under the insurance of Proof of Stake and Proof of Work combination.User-friendliness Comes into the Forefront
Veil includes a totally advanced wallet and therefore the billfold includes an easy interface. Also, the recovery system and therefore the storage management of the billfold is ideal. User expertise matters once it involves the crypto and saves it.
The Advantages
- Totally anonymous bets, due to which you will be able to secure full anonymous earnings.
- Fair blockchain with none ICO and different distribution stages lobes.
- The self-sufficient project, that is in a position to support not solely customers however conjointly itself, through integral self-financing.
You can follow these easy steps to urge stock rewards;
You've got to transfer Veil wallet for your own OS. And the wallet is now available for Windows, Linux, OS. In addition, Android and iOS applications are under developing.
You've got to finish the installation section in step with your OS by following the required steps.
You'll be able to learn your receiving address by clicking the “Receive Money” section of your wallet and send here some Veil. You should transfer the Veil coins you've got on the exchanges.
Then you activate the staking method by activating the “Staking” tab in your wallet and for good departure your wallet open.
Conclusion:
Summing up, we can safely say that the founders of Veil prepared thoroughly, combining only the best tools of the entire blockchain industry. Where the element of each individual part harmoniously complement the previous one, and in the aggregate, they create a truly incredible platform with all the attendant functions. The truth is to evaluate the benefits of which, it is possible only in practice, however, I have not met such a level of projects for a long time and I would be very curious to use it in everyday life.
Of course, my review is purely informative in nature and does not call you to anything, but advise you to study this project in more detail, I still recommend it to you. Since I think that it will come to your liking. All social and media resources of the project are waiting for you at the bottom, so enjoy your reading and see you soon!
Roadmap
Team
You can use this information for a detailed study of the project:
Web: https://veil-project.com/
ANN thread: https://bitcointalk.org/index.php?topic=5065331.0
Bounty thread: https://bitcointalk.org/index.php?topic=5125073.0
Telegram: https://t.me/VEILProject
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil/
Reddit: https://www.reddit.com/r/Veil/
Discord: https://discord.veil-project.com/
Author:
Bounty username: Werlot
Bounty link: https://bitcointalk.org/index.php?action=profile;u=2558487
Veil Basecoin Receiving Address:
bv1qpqw270l02ms9yl7kwsa82kujwny0azntlq2dte
Thanks for the review! I will study the project in more detail.
An interesting idea of the project, and most importantly a very strong team. This team has every chance to succeed and become truly visible.
The project is interesting, I hope the team will be able to realize all plans.
Now, many projects on the contrary have refused anonymity, so VEIL makes me happy, even though someone does the opposite.
High-quality and thoughtful project. Thanks to the developers for this. I think that in the near future this project will succeed.
Veil contains the best possibilities for safe operation in the crypto environment.
This is my favorite project.
Thanks to the developers for this. I think that in the near future this project will succeed.
Long-term vision of the project and an excellent team of professionals make the project attractive for investment.
not bad. thanks for review