When Bitcoin and Cryptocurrency are included in the commodity futures exchange category, it is undoubtedly good news for the crypto community. Argumentatively, because the cryptocurrency has a plentiful supply and demand. If before, the lay people only knew that Bitcoin had a definition which was interpreted as anonymity and space for perpetrators of crime. However, the stigma disappeared when one of technology newcomer appears to became a supporting transformation in the economic and financial industry, namely Blockchain technology.
Public opinion related to privacy is considered quite skeptical and excessive, even though access to the blockchain is safe and transparent will change the paradigm.
The Veil is here will explain how privacy works because you don't need to worry when accidentally making non-personal transactions. The Veil was intensively created for the long term that has a competitive advantage as a cryptocurrency that focuses on privacy by applying anonymity mode. Each individual has their reason why they want the privacy cryptocurrency both the sender and the recipient, right?
How Does The Veil Become a Unique And Attractive Privacy Coin in the World?
The Veil is one of the cryptocurrencies that has a better level of privacy compared to the previous privacy coins. Why is that? Because the Veil adopted the safest blockchain software in the world, Bitcoin version 0.17.1, with a sophisticated cryptographic-based privacy protocol, Zerocoin. Following are some of the privacy technologies that are applied to the Veil project.
- Zerocoin technical paper
- RingCT research paper
- Dandelion research paper
- Stealth addresses in the Cryptonote whitepaper
- Bulletproofs research paper
The technology mentioned above is very supportive of privacy security. The outline, the technologies it can verify transactions, prevent double spending, maintain the identity of the recipient and the sender, and use methods that allow to protect and keep a certain amount of the transactions that have been stored.
Everyone, of course, has the right to privacy. At least they want their assets to be safe and protected from those who want to know every sure thing. Besides, hacking cases that circulate become nightmares. On a side note, the positive dynamics of cryptographic developments that increasingly support privacy issues, also provide important choices for the crypto world.
Veil Labs has a purpose and mission where Veil Labs will be emphasized in research and development on cryptography, privacy, and blockchain technology by focusing on the privacy, efficiency, and functionality. Veil Labs comes with its integrity to encourage crypto users to adopt the innovations that Veil has. Thus, Veil consistently provides dynamic privacy and leads to effectiveness.
How To Earn Veil?
Nowadays, Veil provides space for cryptocurrency lovers. Traditional technology and internet systems are slowly beginning to be displaced by the new system, blockchain technology. Flexibly Blockchain technology can be applied to various industries. Privacy coins occupy a certain point in the crypto industry which are considered essential or crucial by the crypto activist community.
Well, cryptocurrency has a vast space because various circles are free to choose according to their intuition for what purpose they are there. Of course, the answer is to get profit. You need to remember that to step in the world of cryptocurrency does not rely on effective and cognitive potential, but a strong passion will support your actions and how you see the prospects for maintaining existence. The crypto space is a profession for various communities, both traders and miners.
Talking about mining, Veil provides an opportunity for miners to be able to mine Veil. Where Miner aims to safeguard the Blockchain network through the Proof-of-Stake and Proof-of-Work Veil consensus system which is the Proof-of-Work Algorithm ( X16RT ). The Veil is the first Zerocoin-based cryptocurrency with privacy by combining Zerocoin and RingCT to provide full-time privacy without compromise.
And there are some software information you can use for mining Veil
Suprminer (NVIDIA)
CryptoDredge (NVIDIA)
T-Rex (NVIDIA)
Wildrig (AMD)
And then you can earn Veil using the 'Staking' method. This is a simple and easy way. You can download Veil wallets on Windows, Linux, and macOS.
Aside from being a miner, trading is one way to earns profits. Either you use short term or long term styles. If the short-term trading strategy is your trading style, then don't hesitate to rely on it. And Veil has been listed on the Coinmarketcap site, so you able to trade with a choice of several exchanges.
Why Veil?
Nowadays, The coin privacy phenomenon answered needs the crypto lovers and make the Veil project more confident that Veil can equip requirement cryptocurrency users. Veil project has features which adopt blockchain and Bitcoin Core technology will protect your privacy and not publish information about transactions.
By having potential features, complex, sophisticated, and consistently develop technology that is needed for coin privacy lovers. With the integrity possessed by the veil team that pioneered by James Burden in 2018, an industry expert who has the character, contribution, and experience of crypto privacy and holds a good reputation in building and leading successful cryptocurrency projects such as PIVX is one of pride and trust that supports the Veil Project to exist and be innovative. The outline, The Veil is a consistent, flexible and comprehensive project in the crypto space.
Veil implementation in the world of cryptocurrencies will show progress in the rapid functioning of privacy. By adopting advanced technology and its own funding system for marketing, bounty and other activities, Veil Labs has pulled in enthusiasm from some of the world's leading academic institutions will support that Veil Project continues to maintain sustainable development in crypto privacy.
Roadmap
James Burden. He is the founder of the project Veil, also is the founder of cryptocurrency PIVX,
and co-founder of zDEX and Exobit
Tom Bradshow. Veil is responsible for the development of the network. Took part in more than 45 blockchain projects, created and applied the first in the World PoS protocol. One of the most authoritative and competent specialists of Cryptoworld. Worked on projects such as: HyperStake, zDEX, PIVX, Libzerocoin, github.com.
Jeremy Anderson.He is famous for the development of the mining algorithm X16R/took part in the projects: PIVX, Ravencoin, Zelcash.
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 Addres:
bv1qpqw270l02ms9yl7kwsa82kujwny0azntlq2dte
High-quality and thoughtful project. Thanks to the developers for this. I think that in the near future this project will succeed.
Veil is a new stage of ensuring the confidentiality and anonymity of users, with all possible operations with cryptocurrency (purchase, Exchange, storage and mainning).
nice
ради такой статьи нужно и проект проверить
While many projects began to refuse anonymity, Veil does the opposite and I like it!
Great project! Considering it for investment.
Thanks to the author for the interesting content of the article
Excellent review, everything is very detailed and clearly stated.
Great idea. Need to know more about the project. A really interesting idea of the platform team.
Отличная команда, отличный проект, отличное будущее !
One of the most interesting projects lately. Thanks for the review.
The project is interesting and promising in my opinion. I will continue to monitor its development.
Отличная статья! Оформление вообще улёт!
@werlot, поздравляю! Вы добились некоторого прогресса на Голосе и были награждены следующими новыми бейджами:
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@werlot, Поздравляю!
Ваш пост был упомянут в моем хит-параде в следующих категориях:
Thank you very much for your efforts. Your articles are very interesting to read. Great project and team. I will follow him!
Great project, really liked. Thanks to the author for the interesting content of the article
This is the best article I've ever seen. Loved the project.
Аuthor well done, the article is all written in detail about this amazing project. I liked it very much, I will participate!
Very good article, as always. Thank you very much, I was very interested in this project.