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Messages - Giletto

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More mining coins are also getting pictures in the market apart from the highlighted ones here. Take for example veil, this coin supports only mining and since it has been launched which is not upto a year it is already showing strong sign in it's market value and volume unlike the new non-mineable coin which has a limited supply, most of it tends to fall in market value after a short while.

You have a point and that is why veil is designed with hybrid consensus algorithm to reward both miners and stakes through PoW and PoS. With at low as 13000 coins in your wallet, members can recieve dividends regularly. All he needs to do is keep the wallet open

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Trading / Re: Short or long term investment
« on: May 14, 2019, 12:59:07 AM »
I must admit this is really fascinating and this is my first time of hearing something like this. Although am more of  a manual trade individual in which I set my target manually. My next move now is to set a minimum target for veil and a maximum target price for it.

I agree with you. If one thinks of investing in Bitcoin or Monero for long term benefits, Veil should be considered too. They ma not be similar in architecture or attributes but they are all unique in characteristics with qualities that catches the investors eyes.  Veil is currently trading below 30 cents and I believe this is the time to make that buy

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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: May 13, 2019, 11:53:09 PM »
Moreno and veil? Well, they are all good alticoins but veil privacy policy is just very good.

We must also know that Veil is not just self funded but the team at Veil Lab is highly committed to research and development and thus will commit resources to ensure that Veil technology does not go outdated and redundant like many other cryptocurrencies in the market..

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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: May 13, 2019, 11:47:36 PM »
Monero is a good project per say. But this is about choice. I Love the fact veil came with these features. Veil as a privacy coin without compromised. With its good 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 of veil second to known. Which is rare. And more features coming. In market, veil is waxing strong too.

These technologies employ embedded on Veil are Morden and contemporary technologies to ensure that it offers total and complete privacy while increasing the scalability of transactions within the network

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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: May 06, 2019, 09:03:38 PM »
People seem to get a bit sentimental about the comparisons but it is just like Comparing Bitcoin and Ethereum. Bitcoin may be the face of cryptocurrency but it doesn't mean that Ethereum is not better technology wise. Similar analogy can be drawn towards Monero and Veil. Monero is the face of privacy coins but others privacy coins have been better

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No Coin They Say Has It All But If A Coin Offers More Than Decentralization, Security, Scalability and Privacy for Cheap. Will You Make a Kill for It?

Apart from Veil Coin, Which Coin Offers Full Privacy Utility? Come, Let's Talk


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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.

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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.

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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


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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: April 22, 2019, 10:53:33 PM »
This isn't a very good comparison of the two privacy coins since you completely miss out on giving details...

Monero
Monero's ASIC-resistance is limited; check this: https://www.cryptoglobe.com/latest/2019/03/the-monero-hard-fork-did-it-help-gpu-miners/

- Despite Monero updating its code to cut off miners, the hash rate from farms quickly recovered.
- Monero's CryptoNight tech makes all tx secure, but the transactions are too heavy.


VEIL
Raven has been the most effective at holding back ASICs, but also somewhat faltered recently.

- VEIL's X16RT algorithm is the most advanced development in ASIC resistance.
- Zerocoin transactions aren't exactly light either. However, VEIL is introducing multi-block tx capacity; THIS will make transacting on this privacy chain more scalable.

Yes, it is not so detailed to leave more room for personal research. Monero actually fails the contemporary test on ASIC Resistant and the oversight will be corrected. Thank you for pointing that out

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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: April 22, 2019, 12:10:33 AM »
Veil seems to be an upgrade of monero platform, but it is lacking being that transaction history is highly needed for lots of purposes, most especially for future reference.
Although, I am a fan to the scalability of a coin. Notwithstanding, if veil can make the transaction history to be visible, then it might be ahead and might be more preferable to monero.

I sincerely don't want the transaction history stored anywhere. It can be a veritable too in the hands of hackers. Maybe, if you want a retrievable transaction data you can choose Monero but for otherwise, you choose veil. They both serve different niches in privacy.

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Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: April 22, 2019, 12:05:27 AM »
Why not just make one thread here. Your content is about discussing veils
https://bitcoingarden.org/forum/index.php?topic=70996.0

Not just about veil  though I must confess it's architecture is unique and promising. Did you also know that the Founder of Veil (James Burden) s also a Co founder of PiVX, a fork of Dash and currently among top 100 coins on coinmarketcap? We learn everyday :)

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Crypto Discussion / Moreno Vs Veil (A Side by Side Comparison)
« on: April 21, 2019, 12:29:29 AM »
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.

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Most times, words and long articles have not really been enough to illustrate how these privacy coins measure up against one another and thus, it's necessary to put a closer perspective on each ones weaknesses and strengths for a better cryptocurrency decision and awareness. So how does these two really measure up?

Monero

Consensus Algorithm - PoW

Masternodes - No

Premine - No

ASIC Attack Resistant - Yes

Untraceable - Yes

Wallets - Yes

Retrievable Transaction History - Yes

Better Scalability - No

Staking Rewards - No

Exchange - Yes

___________________________________
Veil

Consensus Algorithm - PoW & PoS

Masternodes - No

Premine - No

ASIC Attack Resistant - Yes

Untraceable - Yes

Wallets - Yes

Retrievable Transaction History - No

Better Scalability - Yes

Staking Rewards - Yes

Exchange - Yes




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