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Messages - tbossmitche

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16

Cryptocurrency privacy is great, but it also has to be easy for the layperson to understand, access and use for real life transaction purposes. So what attributes makes a privacy platform the best and appealing to cryptocurrency enthusiasts?

1. A functional support system: emails, social media channels have to be active and responsive to concerns of users.

2. A functional wallet: This is required to conveniently and securely store, send and recieve native tokens.

3. An active team: Team should be hard working and responsible with robust commitment to present and future development of the project.

4. A Rewarding platform: Through a hybrid concensus algorithm(PoW & PoS), A good platform offers both mining and staking opportunities to reward trustworthy and loyal members of its ecosystem

A good number of privacy inclined platforms actually offer the first three features which actually seem basic. However, the inclusion of a reward system on the Veil platform appear to be one of the key unique features that can be pointed out.

I really have considered benefitting from this but I haven't been able to get adequate information on what the minimum staking amount will be. I will appreciate if you could help with that.

17
Crypto Discussion / Re: Moreno Vs Veil (A Side by Side Comparison)
« on: April 21, 2019, 08:19:13 PM »
A conclusion I seem to be able to draw from your write-up is the fact that Veil might be a major upgrade on what is on offer by Monero.

The staking reward system actually sounds interesting. However, don't you think there might be times that transaction history might be needed by the person effecting the transaction for record purposes or as proof of transaction, considering the fact that it's clearly stated that transaction history is not retrievable?

18
Crypto Discussion / Redefining privacy on blockchain
« on: April 15, 2019, 11:31:54 PM »
One of the key features which have been known to really define blockchain technology is the security and privacy of the network which now appears untrue. This supposed deception has led people to abandon the cryptosphere because they fear for the safety of their funds. The only good news I have to share is the fact that I came across a project which is bent on restoring absolute trust in blockchain technology by giving us absolute privacy.

The project goes by the name Veil and this platform is intended to revolutionize the entire cryptosphere by introducing complete privacy and anonymity into all our  operations. This project is a zerocoin platform that is solely meant to create a difference with the foundation it is establishing. It is so unique and is able to standout as a result of it's key components .

Staking is one of the ways to earn in this ecosystem. This is done without other parties knowing about it in any way. When users make this anonymous staking, they are made to earn and control all what they do within ecosystem.


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