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Cryptocurriencies => Crypto Discussion => Topic started by: Giletto on April 27, 2019, 11:25:29 PM

Title: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Giletto on April 27, 2019, 11:25:29 PM
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Privacy coins have now gained prominence in recent times due to the high demand of transaction privacy required of cryptocurrencies which coins like bitcoin, Ethereum, litecoin and even Monero can't offer. I am making a personal research on the potentially best privacy coins available in the market at the moment. Among Dash, PivX, Grin, Onion, Beam and Veil, Which Coin catches your fancy in terms of Uncompromised Privacy, Scalability, mining and staking reward and commitment In research & Development. I am just learning about Veil but I equally need your opinion. Thank you

Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Ewan on April 29, 2019, 08:01:24 AM
What's the difference between 'privacy coins' and just coins existing in the market?
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Giletto on April 29, 2019, 05:30:57 PM
What's the difference between 'privacy coins' and just coins existing in the market?

Alot. The underlying technology determine the characteristics of the coin. On privacy, privacy coins like veil are built with Ring CT and zero proof of knowledge to conceal transactions between two parties. Ie no transactions Id and you can't view or trace them on explorers. But for the regular coins built on Ethereum blockchain, transactions are open with every detail of it stored on the blockchain.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Moonlight on April 29, 2019, 05:59:05 PM
can you explain what is a privacy coin?
I still don't understand what privacy coins are
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Psynthax on April 30, 2019, 03:43:28 PM
can you explain what is a privacy coin?
I still don't understand what privacy coins are
Privacy coin is a blockchain based coin that hides its own blockchain so that no one can trace it like veil. As you can see so many hackers are lurking over someone else's address and transaction that containt some amount of money and by that they are trying to dox you. using privacy coin you will be atleast safe from those hackers and no one else can trace it. It's like you are not leaving any trace just like when you are using cash money directly hand to hand. If you are curious you should read more about veil project.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Synvc on April 30, 2019, 04:08:23 PM
Projects that are on the rise and discussed are discussed in several forums. If I notice that it is really good to form their project it is very interesting to learn more.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: shinratensei on April 30, 2019, 04:39:29 PM
What's the difference between 'privacy coins' and just coins existing in the market?

Alot. The underlying technology determine the characteristics of the coin. On privacy, privacy coins like veil are built with Ring CT and zero proof of knowledge to conceal transactions between two parties. Ie no transactions Id and you can't view or trace them on explorers. But for the regular coins built on Ethereum blockchain, transactions are open with every detail of it stored on the blockchain.
That likes to give encryption to the users. Veil used always on privacy technology and this will keep any users will be safe to create any payment system or transaction. Veil also creates a fair blockchain through implement POS and POW to able to keep it's decentralized. A privacy coin has so many differences with those normal coins.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: tbossmitche on May 07, 2019, 02:28:45 PM
In any conversation about privacy coins, Monero is always there due to it being one of the pioneers in this niche. However, you have chosen right by being determined to learn more about Veil. I believe it is the newest of the bunch and that should mean a host of more advanced features which could lead it to becom
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Lily on May 07, 2019, 11:23:15 PM
To those who don't know what privacy coins mean, they are coins that gives your transactions 100% Annomnity and privacy without it being trade. When we talk about these privacy coins, the first on the list will always be Monero no doubt. But that doesn't mean other coins are not in existence. Look at Veil coin for example. This coin for me is the best of all privacy coins because it combines best privacy technologies in its operations such as Zerocoin and RingCt protocols. If you are familiar with these duo, then you'd know Veil is out for business and as such not a child's play.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Chikky08 on May 08, 2019, 03:12:49 PM
Thanks for seeking peoples attention. Do me I will say the project I know much about. Veil platform uses Dandelion protocol which enhances privacy protection of the Veil platform. Using the recently updated Dandelion++ protocol, transactions on the blockchain are shielded from identification using a privacy graph. Veil source node  for the sending of the cryptocurrency is never disclose. Veil platform also incorporates the RingCT. Alot of security plans on this coin.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Valentyzer on May 08, 2019, 06:58:12 PM
Monero is currently number one privacy coin in the crypto market Base on popularity, market capitalisation and user Base but not tech wise, when you come to technology, veil network is very much on the better size and it is fast gaining attraction and it has the potential to compete with monero in the nearest future.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Ra_pl344 on May 09, 2019, 09:40:44 AM
There are a lot of potential privacy coin like monero. To me monero is old skool. Do you know veil allows for zero-coin protocol with anonymous staking? There are pre computed spends and bullet-proofs. Building ring confidential transactions (Ring CT) with custom X16RT mining algorithm that re adjusts its difficulty every 60s.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jayde on May 09, 2019, 01:16:52 PM
My vote is XMR since it used by many organizations in the black market, itís also pump very high when the market recovery
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Cicihorlhorla on May 09, 2019, 07:25:06 PM
Iíll suggest you check out another privacy coin called VEIL.
veil is a platform that focuses on privacy in cryptocurrency industry, the team behind the project are very much experience to take the blockchain technology beyond human expectations, they are working on implementing an innovative technology which keeps is privacy focused..
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Emrh1 on May 10, 2019, 09:43:20 PM
Privacy coin is a blockchain based coin that hides its own blockchain so that no one can trace it like veil.In fact, I know I'm confused, but apart from mining, the veil also has the ability to stretch because of the hybrid consensus system POS. The target is the same as any other POS that lets you win based on the coins you hold in your wallet or veil coins. Veil POS application is very tempting for those who like to keep their money, who want to hide their assets. Because they use zerocoin technology for high security and Privacy.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Adaora on May 11, 2019, 12:57:08 PM
There are over 5 privacy coins as we speak. Nonetheless, Veil project caught my attention and interest. I have so much confidence it'd do well. DYOR still!
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jamyo on May 11, 2019, 12:59:17 PM
With all the criteria you outlined, veil network met all and even more, it offers 100% privacy without compromise, better scalability, Decentralised distribution of coin through pow and pos mining, and there is a veil lab for research and development.
Veil network has alot of potential.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Holayiwola on May 11, 2019, 07:39:08 PM
Veil Project!!

It offers the following,
completely anonymous bets, due to which you will be able to secure a full anonymous earnings;
fair blockchain without any ICO and other distribution stages lobes;
high security of all functions and transactions, using the entire user experience behind the scenes economy;
self-sufficient project, which is able to support not only customers but also itself, through built-in self-financing. And many other things.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: yaelahwall on May 11, 2019, 08:28:19 PM
I think the Veil coin is the best in the privacy coin field because it has the Private mining feature via the X16RT algorithm, Private staking Fast transaction validation. Veil privacy protocol that meets our needs, creating a new wallet, and migrate coins over to the new network will be complex and will take time.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Psynthax on May 12, 2019, 01:00:21 AM
With all the criteria you outlined, veil network met all and even more, it offers 100% privacy without compromise, better scalability, Decentralised distribution of coin through pow and pos mining, and there is a veil lab for research and development.
Veil network has alot of potential.
Considering that they dont have ICO nor premine stage they are really succesfull at what they are doing, veil coin is the better version of already existent privacy coin with immense potential and the potential is still far from its peak.
I'm pretty sure that if there privacy coin with immense potential that must be veil because lets be frank, it's really interesting coin.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Chikky08 on May 12, 2019, 11:22:27 AM
To me veil is a very good privacy coins. Veil as a privacy coin without compromised is here to revamp the security issues in our cryptocurrency work. With its amazing features like RingCT+ stealth addresses, ASIC-resistance, X16RT hashing algorithm, Basecoin layer, Dandelion and the zerocoin with a new version in bitcoin form which makes privacy second to known.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Ra_pl344 on May 12, 2019, 05:39:44 PM
Veil is the privacy coin of all the privacy coin. They aid the problem for anonymity/security at the same time using their mixture of hybrid consensus algorithm and underlying technology.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Makdon on May 13, 2019, 12:18:28 AM
Veil with its amazing features to ensure users privacy and the speed at which they are moving is dope. I love veil for that step.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jeffbrad on May 13, 2019, 05:26:11 PM
There are over 5 privacy coins as we speak. Nonetheless, Veil project caught my attention and interest. I have so much confidence it'd do well. DYOR still!
Because those features that available on veil already made from the problems that already discovered from the old platform. We have spoken about a lot of anonymous coins but the only veil can provide a lot of interesting features with significant improvements.
A new innovation will always be needed and veil is the correct answer.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Heleon on May 13, 2019, 06:27:04 PM
So much talk about privacy coin,but i feel monero has gain so much popularity as privacy coin but may be over take by new project like veil.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Lektai on May 13, 2019, 08:59:33 PM
What's the difference between 'privacy coins' and just coins existing in the market?
The difference is "privacy", for almost the same reason people use VPN is the same reason people use privacy coins, the difference is that with privacy coins your transactions are shielded from the eyes of preys and there is a whole lot of them present in the cryptocurrency Market, take veil for example, which is gaining traction and mass adoption seems to be increasing daily, other examples include grin
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Rainbowmichaels on May 14, 2019, 11:44:33 PM
Veil remains the best amongst the very few privacy coins in existence! It's uncompromised privacy functionality remains one of a kind.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Leema8989 on May 16, 2019, 09:31:19 AM
the Veil project is without a doubt the solution to the problems of the security and dynamism of cryptocurrency and blockchain issues in relation to privacy. With the continuous analyses and implementation of users' experience, the Veil project will become one of the most advanced and active anonymous infrastructures in the cryptocurrency community that ever existed in the blockchain.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: yaelahwall on May 16, 2019, 10:35:48 PM
So much talk about privacy coin,but i feel monero has gain so much popularity as privacy coin but may be over take by new project like veil.
I am sure of that, I think Veil are better than Monero because veil has still provides anonymity in the form of RingCT, so non-zerocoin Veil transactions remain private.  Users wishing to continue minting zerocoin denominations for staking pseudo-anonymously can so by minting from RingCT
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jan_Vl on May 17, 2019, 12:45:52 AM
The most potential privacy coin is supposed to be Veil. But I prefer Monero
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: cryptoblezin on May 17, 2019, 11:41:04 AM
Great one here, you have actually taken your time to go in-depth on the best privacy coin of this season, Veil. I will also like to say this; Veil is a privacy coin platform that has been able to pass the test of time and it meets up in making investors proud as a result of good profits. I advise all to research more about the Veil project, make your investment decision and take your position as a Veil investor and community member.
All the very best!
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: tbossmitche on May 17, 2019, 11:55:25 AM
Veil Project!!

It offers the following,
completely anonymous bets, due to which you will be able to secure a full anonymous earnings;
fair blockchain without any ICO and other distribution stages lobes;
high security of all functions and transactions, using the entire user experience behind the scenes economy;
self-sufficient project, which is able to support not only customers but also itself, through built-in self-financing. And many other things.

Bets?. I have never come across anything related to this since I've been following the Veil project. I guess I will just need to check if that is on offer too. However, I have to admit that the thought of earning anonymously by staking Veil was actually what aroused my interest in the first place.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: sunny on May 17, 2019, 01:46:47 PM
I think with time, we would know which is best between monero and veil having the major attribute we are concerned with, which is privacy.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Cicihorlhorla on May 17, 2019, 08:00:00 PM
If you are looking for a project to invest in, a project with a lot of hope and potentials,well you are right on the right track. Veil project is a project that will last the test of say 10-20years. Havie at the back of your mind that Veil project has working products already.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Emrh1 on May 17, 2019, 08:14:32 PM
Apart from ensuring maximum security and privacy to all users, the set of team behind this project has also put in place a staking system which allows users to get Veil coin per day just by keeping their wallet open. Staking system in Veil project is unlike those of other blockchain projects that gets reduced over time, but rather it has been designed in such a way that will be of maximum benefit to all users.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Adaora on May 18, 2019, 08:04:37 PM
 :(as much as we seem to have a lot of these coins out there, which one can stand the test of time...Veil?
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Modanalee on May 18, 2019, 08:40:38 PM
The most potential privacy coin is supposed to be Veil. But I prefer Monero

I love veil. Monero is a potential privacy coin.  But Veil is a new privacy coin with modern technologies
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: tbossmitche on May 18, 2019, 10:32:27 PM
I think with time, we would know which is best between monero and veil having the major attribute we are concerned with, which is privacy.

I will keep reiterating the fact that every privacy coin definitely has at least one feature which differentiates it from the rest. People who will like to have access to transaction history might still #tick to Monero but those of us who want privacy in every sense of the word will move over to Veil. Just like in this scenario, all privacy coins will still be put to good use.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Lily on May 18, 2019, 10:59:58 PM
What's the difference between 'privacy coins' and just coins existing in the market?

Privacy coins are not just any coins. They are coins which shrewd security and privacy on blockchain technology. Allows for privacy in transactions etc.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Rainbowmichaels on May 18, 2019, 11:37:08 PM
There are a few privacy coin with a superb potential. Veil happens to be one of the very few because of it's privacy principle and zerocoin protocol. In fact!  VEIL PROJECT  is the real deal.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Ra_pl344 on May 19, 2019, 12:54:46 PM
Itís a great privacy function but the technology doesnít get used much in the projects that have implemented it. Veil, however, has built the protocol in a way that incentivizes the use of Zerocoins. (In other privacy projects with this tech, less than 1% of transactions are private transactions).
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Makdon on May 19, 2019, 01:52:00 PM
Veil got potentials. Privacy coins are great!
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jamyo on May 19, 2019, 05:47:54 PM
So much talk about privacy coin,but i feel monero has gain so much popularity as privacy coin but may be over take by new project like veil.
yes, veil has the potential, the technology and resources to be among the best privacy coin in the market and I'm sure with time it will overtake monero
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Holayiwola on May 19, 2019, 05:49:43 PM
The most potential privacy coin is supposed to be Veil. But I prefer Monero


VEIL is the best and first kind of privacy medal to combine powerful technologies such as Zerocoin protocols in its activities.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Holayiwola on May 19, 2019, 05:51:14 PM
The VEIL is an opportunity for us all to enjoy witnessing and personal privacy without compromising the crypto field.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Holayiwola on May 19, 2019, 05:53:45 PM
What's the difference between 'privacy coins' and just coins existing in the market?

Privacy coins are not just any coins. They are coins which shrewd security and privacy on blockchain technology. Allows for privacy in transactions etc.

The principle inspiration for the rise of this undertaking, as referenced above, is to understand advanced cash that can give full-time protection without diminishing the dimension of secrecy. I.e VEIL
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Jeffbrad on May 19, 2019, 05:56:22 PM
:(as much as we seem to have a lot of these coins out there, which one can stand the test of time...Veil?
Veil should be one of them consider about the fact that it has implemented various technologies on its new platforms and that gives more chance to become the potential coin compared with another zero protocol coin. I don't wanna talk so much about the major one.
But veil has shown its potential and a few months but veil has been growing a lot of time to the time. We must try to see this based on what and how much already created by platforms to be used by the users

Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: Holayiwola on May 19, 2019, 05:57:26 PM
can you explain what is a privacy coin?
I still don't understand what privacy coins are

Privacy coins are designed to benefit legitimate users who do not want their financial transactions made public, The VEIL is an opportunity for us all to enjoy witnessing and personal privacy without compromising the crypto field.
Title: Re: What Are The Best Privacy Coins in the Market With Immense Potentials?
Post by: secco on May 20, 2019, 01:08:05 PM
Warning: Thread locked for SPAM

It looks like VEIL is running a spam campaign in a number of forums, including us. Those posts are violating a number of rules, not to mention, the way chosen to advertise the project it is at least objectionable. Users caught violating the rules are getting banned.