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Crypto Discussion / Re: What Do You Look Out For In A Cryptocurrency Privacy Platform
« on: April 23, 2019, 04:03:48 PM »
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.