Messages

1

Mining / Re: Mining interest

« on: May 25, 2019, 08:00:28 PM »

Two yeasr ago I was mining a small cryptocurrencies but my computer refused to be obedient so I switched to cloud mining and I'm in Rockwall Investments, I do not regret xD

Rockwall Investments rents you their professional cryptocurrencies mining stations.
Power of such mining station is measured in H/s (hash per second) or MH/s (mega hash per second) or GH/s (Giga hash per second).
Price of mining power varies depending on which cryptocurrency you want to mine. Cloud mining gained popularity simply because of the obvious limitations of hardware mining- only very few people can afford large data centres Hardware mining requires a significant initial investment. I prefer to mine Veil coin is the first cryptocurrency to implement Proof of Stake which in addition to PoS also uses PoW. You’ll come across many hybrid PoW/PoS coins where the PoW is used for the creation of new coins and PoS is used to validate and maintain the security of the network.

2

Crypto Discussion / Re: Future of altcoins?

« on: May 24, 2019, 10:04:25 PM »

the future of altcoin will likely continue to improve as new coins continue to emerge. if discussing the issue of price, it must be patient because the price of alternative coin is very far compared to bitcoin, so you must to invest for long-therm. now the best altcoin is Veil, you just try to invest veil. Price now only 0.15 cent / token very cheap,  I hope next month price goes up to 0.5 cent

3

Mining / Re: Mining interest

« on: May 21, 2019, 08:23:17 PM »

Miners plug out their farms from electricity, it's not profitable anymore.
Only giant companies can afford mine now.

Really? how about mining other coins? Is it still not profitable anymore because of the market condition?

Mining with a farm is a dumb, and it doesnt matter which coin your are going to mine

How do you advice to mine?

If you are very interested in mining, I recommend mining Veil Coin because it is very profitable for miners Veil has the technology of cryptography-based privacy protocol, Zerocoin and the Particl project’s RingCT implementation.

4

Crypto Discussion / Re: Bitcoin or Ethereum: Which is the Future Cryptocurrency

« on: May 21, 2019, 08:09:35 PM »

While both Bitcoin and Ethereum are powered by the principle of distributed ledgers and cryptography, Other differences include block time (Ethereum transaction is confirmed in seconds compared to minutes for Bitcoin) and their basic builds (Ethereum uses ethash while Bitcoin uses a secure hash algorithm, SHA-256), In my personal opinion. a privacy coin is the best for the future you can review VEIL coin was the first PoS coin that implemented a fully private and anonymous way to send coins. Like Dash, you can spend Veil public or private.

5

Crypto Discussion / Re: Do we need blockchain technology?

« on: May 21, 2019, 07:22:44 PM »

Yes. Blockchain stores data in a distributed ledger that potentially billions of people can access and update securely. Blockchain advocates assert that a public ledger voting system could provide an unhackable system for governments while also counting the votes way faster. I prefer Veil combined the world’s most secure blockchain software, with the cryptography-based privacy protocol.

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Mining / Re: mining is profitable?

« on: May 21, 2019, 07:15:14 PM »

Mining is highly profitable for real. But fact is, when you mine real coins, you make real profits. I mined often privacy coin. I'm currently waiting for veil to commence their mining.

Yep , I agree with you which makes me interested in veils is hybrid consensus systems include Proof-of-Stake, in which individual coin holders, who have staking enabled in their wallets, can compete to process the network’s transaction blocks.

7

Mining / Re: Explain about mining..

« on: May 17, 2019, 06:31:34 PM »

Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work, or PoW.
Mining needs a computer and a special program, which helps miners compete with their peers in solving complicated mathematical problems. This would need huge computer resources. In regular intervals, miners would attempt to solve a block having the transaction data using cryptographic hash functions.
VEIL is working to improve the state of privacy-focused cryptocurrencies by creating a secure, highly anonymous coin that provides full-time privacy.Proof-of-Work mining system, guarantees a fair distribution of the coin,adds security to the overall network. To promote fairness of mining, Proof-of-Work mining will utilize the ASIC-resistant X16RT hashing algorithm

8

Crypto Discussion / Re: What Are The Best Privacy Coins in the Market With Immense Potentials?

« 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

9

Crypto Discussion / Re: What Do You Look Out For In A Cryptocurrency Privacy Platform

« on: May 16, 2019, 10:19:13 PM »

Now with Privacy coins, a big draw is the fact that your transactions are anonymous and hidden, but there is no point in going with a privacy coin.
Now one coin I believe meets the criteria for really excelling is Veil Coin. It is allows its holders to earn rewards through staking today, and in the future, anonymously.  It is also one of the fastest growing altcoins, so the community adoption certainly appears to be there,  as a form of currency all around the world.

10

Crypto Discussion / Re: What's your favourite cryptocurrency?

« on: May 16, 2019, 09:47:36 PM »

My Favorite Coin Veil Project ( VEIL ) - is working to improve the state of privacy-focused cryptocurrencies by creating a secure, highly anonymous coin that provides full-time privacy. Veil combined the world’s most secure blockchain software,  with the cryptography-based privacy protocol, Zerocoin and the Particl project’s RingCT implementation.

11

Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)

« on: May 15, 2019, 05:44:07 PM »

Moreno and veil? Well, they are all good alticoins but veil privacy policy is just very good.

While Veil and Monero have their merits, Monero takes the crown for privacy, checking all but one of the items off our list. But Veil has more control over how your transactions are done, at the cost of always-on privacy.  Veil trusted setup is also questionable, but unlikely to cause an issue in all but the most extreme case.

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Crypto Discussion / Re: Privacy on the blockchain....a necessity?

« on: May 15, 2019, 05:37:51 PM »

I'm so impressed about privacy coins. Our privacy should be the uttermost concern in crypto world. I love privacy coins like monero and veil etc.

Two dominant privacy coins are Veil and Monero. Both are designed with similar intentions, but they are otherwise unique. Both integrate different privacy-based features into the blockchain space and, while both use a Proof-of-Work (PoW) consensus algorithm, the implementation of each is distinct. Furthermore, both have responded to ASIC mining and threats of centralization differently.

13

Crypto Discussion / Re: Future of altcoins?

« on: May 13, 2019, 06:52:04 AM »

So you know Altcoins are the worth following because they’re like growing more and more. People make investments using altcoins as they know how much this worth it for them.  Veil Coin is the best and its mining based, totally secured. Veil Coin allows its holders to earn rewards through staking today.

14

Mining / Re: Can some one explain me how to mine in simple steps?

« on: May 12, 2019, 06:44:53 PM »

Before you start Mining, it's useful to understand what  mining really means. Mining is legal and is accomplished by running X16RT Mining Algorithm.
If you want to mine with minimal power and investment look into Veilcoin. You can mine and sell the Veil and buy bitcoin with the Veil  you earn.

15

Crypto Discussion / Re: Anyone who use mobile wallets?

« on: May 12, 2019, 04:14:59 PM »

I'm using the Coinomi mobile wallet. It's working well. I heard Trust wallet is also good.

May we know why you think it's dangerous?

Coinomi it's good wallet for mobile, i thing you must try ImToken wallet because have a high security and support all coin ERC20