WANT 100% ANONYMITY AND PRIVACY? CHECKOUT VEIL

Brief On The World Of Blockchain And Privacy-focused Cryptocurrencies
In the world today privacy can't be taken for granted, in fact, it can't be traded for anything whatsoever. This is one of the attributes associated with blockchain technology that made it a trending technology in this current era.
One might ask how? Blockchain technology Introduced a system known as decentralization. In simple terms, decentralization can be seen as a system where power is distributed among the users of that system in question, thus making users the masters of their personal data and funds. This is also one of the reasons why blockchain is also called Distributed Ledger Technology (DLT).

With blockchain technology, users will be able to deal on a peer-to-peer basis through this way removing all manners of Intermediaries which then results in a cost-effective process in all cases data is secured.
Therefore, one can't be mistaken for saying that blockchain technology is the trending technology with all it takes to revolutionize this current era.

Now talking about privacy, a study has shown that current blockchain platforms with the aim of ensuring users have their adequate privacy have proven to be inefficient in delivering its mandate. As earlier stated, privacy can't be taken for granted thus a team of experts created a blockchain platform known as VEIL.

The Current Issues
In the crypto space today, full-time privacy and anonymity is the order of the day in the world of privacy cryptocurrencies, but a study has shown that there are issues surrounding these privacy and anonymity coins. First, currently, there is no privacy-focused coin offering both full-time privacy and 100% anonymity.

With that being said, an original privacy coin like Monero only provides full-time privacy where it uses RingCT technology which is made up of advanced cryptography method thus limiting its power to offer anonymity.

On the other hand, Zcoin which uses Zerocoin protocol only offers superior anonymity with little or no transactions in the network being private.

A clear study at these platforms makes two questions paramount;
First, how can a project really offer privacy or anonymity to its users when all services and needed softwares are developed by an external body or network?
Secondly, what makes a project aiming to offer privacy and/or anonymity trust such an external network to the extent of depending on them 100%?
This can also be seen as the bases of the shortcomings in current privacy and/or anonymity cryptocurrencies.

WHY ACTUALLY DO WE NEED VEIL?

The answer is simple, if your online or transaction privacy is of great importance, then you need Veil; and as it stands transaction privacy matters to everyone, thus we all need Veil.
Veil is a unique blockchain platform leveraging cutting edge technologies so as to set the new trend in the world of "privacy-focused" cryptocurrencies.
Veil achieves its aim of ensuring optimum privacy and anonymity through creating an anonymous coin which is secure as well as capable of providing users with full-time privacy.

In addition, we need Veil as the platform is filled with a highly experienced team who believes in the world of decentralization thus offering an amazing user experience perfect for the masses. In the same way, Veil stands out from current platform owing to the fact it is self-funded, thereby having the capacity to support research and development on a long term which will be piloted by a team of blockchain and cryptographic developers.

Uniqueness Of Veil

1. When compared to existing privacy coins, Veil proves to be different by offering both privacy and anonymity, thus making it possible for its users to make private transactions with ease and confidence. From another angle, Veil also proves to be different by ensuring the long-term sustainability of the platform; which is achieved by providing adequate funding for all its operations in cryptography and blockchain as well as for research and development.

2. Since there is no room for inefficiencies within Veil, Veil will utilize Bitcoin Version 0.17.1 which has proven to be the most secure blockchain software, and in addition to this will be a high-performance cryptography privacy protocol known as Zerocoin.
   Furthermore, Veil will add RingCT and Bulletproofs technology. With the addition of all these softwares, Veil will be able to ensure efficiency to its users where there will be reliable privacy to its Basecoin transactions, through this way all transaction features will be anonymous in addition to minimal transaction sizes.

3. Veil being filled with a highly experienced team will develop its network to use or operate on a hybrid consensus system. That is Veil will use;
   a. Proof-of-Work mining system to ensure a fair distribution of the coin thereby avoiding the necessity of an ICO or pre-mine while adding security to the overall network.
   b. Proof-of-Stake guarantees optimum decentralization, energy efficiency as well as providing a mechanism for all Veil holders to earn rewards in Veil token through staking.

CONCLUSION

Veil is a blockchain platform with the sole purpose of offering both privacy and anonymity to its users through the utilization of cutting edge privacy technologies. Veil has a total supply of 300 million and already listed on cryptocurrency exchanges, visit CoinGecko for more.

TO KNOW MORE ABOUT VEIL

Exchanges: https://www.coingecko.com/en/coins/veil

Wallet Download: https://www.veil-project.com/get-started/

Telegram: https://t.me/VEILProject

Website: https://veil-project.com/

How To Mine: https://veil-project.com/mining/

Discord: https://discord.veil-project.com/

Facebook: https://www.facebook.com/projectveil/

Twitter: https://twitter.com/projectveil

Veil Receiving Address: bv1qjfwjsnazswvk0rel784q2mmj65wu3tu4knufw4

Writer’s Bitcointalk Username: Emmy92

Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140