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In this case, I give you +1 karma to appreciate your Plagiarism Report : https://bitcoingarden.org/forum/index.php?topic=71949.0
Don't worry about it. As far as I understand, only Admin and staff that can give +/- karma.
What makes Veil special is that most other Zerocoin-based privacy coins have a transparent (public) “Basecoin” layer. What this means is that a user can inadvertently make a non-private transaction. But with Veil, the Basecoin layer is well secured with RingCT. This ensures continuous full-time privacy for its users
Moreno developed a technology that can create a one time address that breaks the link between the users and recepient but that doesn't mean that transactions histories can't be revealed to trusted parties by retrieving the stored data. This stored data can be huge and most times drags scalability which is a problem.
Veil uses several core privacy technologies to improve coin privacy and build further on the developments of Monero and Zcoin. Veil employs zero knowledge proofs through Zerocoin protocol to hide all forms of transaction details between the sender and receiver.
The veil is always an open crypto currency. In most crypto currencies, privacy is an option only in the user's wallet, meaning that the user can spend anonymously or in a more private way.
Moreno developed a technology that can create a one time address that breaks the link between the users and recepient but that doesn't mean that transactions histories can't be revealed to trusted parties by retrieving the stored data. This stored data can be huge and most times drags scalability which is a problem.
Veil uses several core privacy technologies to improve coin privacy and build further on the developments of Monero and Zcoin. Veil employs zero knowledge proofs through Zerocoin protocol to hide all forms of transaction details between the sender and receiver.
Not to undermine Monero but, having the best underlying technology using both Zerocoin and RingCT technology, Veil has the potential to grow as the best privacy coin.
Veil is a must have for crypto enthusiast this year . Simply saying, Veil is a combined Monero and ZCoin in terms of technology, PoW and PoS for its security and a user-friendly interface light wallet available on all hardware with easy to back-up keys.
This platform has a Veil lab that stand as an Innovation of work that brings thw new Protection features and activates them each time the platform needs something like that. It will do this for as many transactions done in the platform and make Investors take the right step during investments.
It is interesting to note that both Veil and Monero ecosystems are fully decentralized crypto projects, meaning that, they’re well secure for online currency transaction that is operated through various users network. They both have transactions that are checked through distributed agreement or immutably that’s been recorded through blockchain. Even intermediaries service is not needed on both projects.
Let take a look at VEIL project: Different from most crypto money platforms that are of BTC derivatives, Veil is solely built on CryptoNight, PoW, hash power algorithmic that came with CryptoNote framework. A CryptoNote framework has important algorithmic disparity relating to block chain technology.
Veil employs both the RingCT technology for always-on transactional privacy and the Zerocoin protocol for superior anonymity. Veil combines the Zerocoin protocol based on zero-knowledge proof which is used in the validation of transactions in order to prove that a transaction has occurred between two parties..
One think I like about the blockchain is that in the bid to make it function maximally u the aim of bringing values down to users ,which in turn would encourage participation, new projects keep coming up with the view to improving upon the previous solutions proposed by these projects inorder to achieve the desired altimate result of mainstream adoption.
One of this challenges that seems to be hindering adoption rate is the security of the blockchain...which some other projects proposed to solve using some technologies.
Unfortunately , there are inherent weaknesses of some of the technologies .
Despite the commitment of these projects to re-create a blockchain where transactions would be highly anonymous , untraced and unlinked to the initiator(sender) of the transaction, there is still room for improvement of these technologies to achieve 100% annonymity of transactions the blockchain.
Introducing veil, a privacy coin.
You may be wondering what veil has got to offer .
Veil would make privacy without compromise a reality. This it tend to achieve using some cutting edge technologies, some of which are zercoin protocol , dandelion and bulletproofs technology which is adopted to help reduce transaction sizes. the Veil network will implement a Proof-of-Stake (PoS) consensus algorithm to ensure maximum energy effectiveness and decentralization..
The zerocoin protocol, bulletproof ,dandelion etc combined would give the veil project an edge over other privacy coins.
Similar to Monero, Veil in running its operations also combines a number of synergistic technology components together to provide a double layer of protection.
- Posts must be made on any large cryptocurrency forum. A brief list is available below, but any large cryptocurrency forum is fine:
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