Are you living in the risk of loosing your coins which you have stored in your wallet despite of your heavy hard work?
Well then, you don't need to worry, Veil does it perfectly for you by integrating best-in-class anonymity technologies to become the first cryptocurrency that provides uncompromising, always-on privacy. It helps users to secure their coins safely in their wallet and transact without the risk of being exposed to some of the scammy guys over the internet who always stay online with hope of phising you.
What was the story before veil?
We as a crypto users store our coin with the hope of trading them when the time is the best. And to do that, definitely transaction is the thing which we have to make. Earlier or before Veil many coins like the privacy coin, Monero with the support of it's RingCT technology aimed at providing one but due to it's unclear and complicated tools couldn't stand up to expectations. What happened after that is an alternate approach appeared in the form of Zerocoin based on advanced cryptographic methods but it also had certain drawbacks and could not stand up to expectations as well.
What's was the consequence back then?
Due to the unfulfilling or complicated tools or mixing of the earlier privacy coin like the Monero and the Zerocoin the situation was not in control. As a users everyone would like to store their coin safely and to transact them without risking the privacy. But most of the transactions was not private, in fact more than 99% of the transactions were not private and were in the ultimate threat of the hacking world.
But thanks to many privacy projects coin and this drawback was shared and discussed.
So what's the story now and what Veil is up to?
Veil now built on the latest and most secure version of bitcoin core with custom implementation of advanced features aims at staying on top in the privacy coin race. Veil with the help of the bitcoin core version also makes the transactions private by creating a secure, highly anonymous coin that provides full-time privacy no matter what. The Veil Project is working to improve the state of privacy-focused cryptocurrencies by creating a secure, highly anonymous coin that provides full-time privacy. Zerocoin prorocol and Ring confidential transactions (Ring CT) are also working as privacy protocols with Veil.
Veil full time features for it's users:
- Provides full time privacy: Veil solely focuses on giving it's users the best experience on the Veil network by mainly focusing on privacy. Not only that It also make users transactions ip address untraceable by it's high privacy network solution.
- Staking reward: Now users with Veil can earn the staking reward by the Proof of Stake (Pos) system. All they need to ensure that they had downloaded the wallet, deposited Veil into their respective wallets and then and finally clicked the staking toggle to receive their staking rewards.
- Mining rewards: Veil with the help of it's Proof of Work and Proof of stake system helps users to mine easily with or without the need of high equipment.
Veil went live on january 1st 2019, so why wait more?
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