Messages

1

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

« on: May 17, 2019, 08:20:41 PM »

when I think Privacy Coin, I think Veil coin. Its in no way comparable with the old privacy coins. Veil uses both Zerocoin and RingCT technologies as well as combines the power of Proof of stake and Proof of Work which gives it an edge over any coins. I like the fact that my transactions are completely hidden. Some of us do prefer our transactions being anonymous so that it doesn't fall into the wrong hands.

2

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

« on: May 17, 2019, 08:19:21 PM »

I'm look at VEIL, a new privacy coin. The coin is doing really well even though it's not on a big exchange. The driving force is that it has a good development team that's trying to solve a real problem in current privacy coins. They are making private transactions more scalable and faster by advancing Zerocoin Protocol.

3

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

« on: May 17, 2019, 08:14:32 PM »

Apart from ensuring maximum security and privacy to all users, the set of team behind this project has also put in place a staking system which allows users to get Veil coin per day just by keeping their wallet open. Staking system in Veil project is unlike those of other blockchain projects that gets reduced over time, but rather it has been designed in such a way that will be of maximum benefit to all users.

4

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

« on: May 17, 2019, 08:11:31 PM »

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.

5

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

« on: May 17, 2019, 08:10:49 PM »

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.

Technically speaking, the niqab project, like other Zeroco-focused projects, has two types of coins: bazcoins and zerocoins. In most other projects, users must manually fill their bazoco with zerocoins, if they choose. With napkin, bazcoins are automatically placed in Zerocoins above 10 bazcoins. In other words, when a user has at least 10 bascoines, it is automatically dipped into the zero-mine. The reason for the existence of two coins and the fact that each coin is not printed on Zero is because they are the same currency (veil), because they have an affordable cost of printing and spending on zero currency. Please note that an average user doesn't have to worry about eventually seeing a balance

In veil, bascoin operations are made anonymous using RingCT and secret addresses. RingCT is a method of making the sender's digital signature anonymous by combining the sender's digital signature with random other signatures from the block chain's history, creating a final, unique signature. Then, using a range proof, the amount of transactions is hidden. Eventually, the network does not recognize the sender or the amount in a transaction, but by using an encryption key image, miners can verify that the transaction is valid and that there is no double expense.

6

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

« on: May 17, 2019, 08:09:46 PM »

I think that privacy coins have become more popular as most people have found and understood the need to protect themselves against people who want to use information in a bad way. Privacy coins are now a trend because they protect your privacy on the blockchain. I own a few of them. At the top of the list of mine is Veil

7

Mining / Re: mining is profitable?

« on: May 17, 2019, 08:06:20 PM »

There was a way to do that when you can find a good coin with easy difficulty and that will fix all of your problems. Veil is the best answer for that and it was having a lot of potentials to grow even more. Even with 1000 series and you can get a decent profit from there. veil is the best platform to try that dude. Just try it and you will believe or you can buy some veil and stake it.

8

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

« on: May 10, 2019, 10:14:25 PM »

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.

9

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

« on: May 10, 2019, 10:11:36 PM »

They are together will be live in future, bitcoin is major coin its best so second etherium , ı dont care about which is the future cryptocurrency ı care about new coin like veil , its use mining like btc also its use POW&POS.Everybody can use your computer and earing to veil tokens. I think its will be in future like BTC&ETH.

10

Trading / Re: Short or long term investment

« on: May 10, 2019, 09:56:21 PM »

 I will go for low supply coin with good volume that is listed on coinmarketcap , example is veil privacy coin, you can check details and you can use wallet for mining&staking for long time.

11

Mining / Re: mining is profitable?

« on: May 10, 2019, 09:48:38 PM »

Mining is a relative way to earn a crypto, and the veil can provide it on its own platforms. Using the POW rating to provide a high potential mining status is to ensure that the position is at a high level when looking at cover mining. Veil using the X16R hash algorithm to build the foundation of veil mining. Raven coin introduced by this technology has been used by many people for just to take the risk. Developed the X16rt, which maximizes all the benefits of X16rt. Stock markets and mining pools will appreciate the fact that they don't have to replace software that calculates block-mixed values on the network.

12

Crypto Discussion / Re: VEIL PROJECT : ANOTHER MEGA PRIVACY COIN?

« on: May 10, 2019, 09:45:15 PM »

The veil also has the ability to stretch because of the hybrid consensus system POS. The target is the same as any other POS that lets you win based on the coins you hold in your wallet or veil coins. Veil POS application is very tempting for those who like to keep their money, who want to hide their assets. Because they use zerocoin technology for high security and Privacy.

Veil using the X16R hash algorithm to build the foundation of veil mining. Raven coin introduced by this technology has been used by many people for just to take the risk. Developed the X16rt, which maximizes all the benefits of X16rt. Stock markets and mining pools will appreciate the fact that they don't have to replace software that calculates block-mixed values on the network.

13

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

« on: May 10, 2019, 09:43:20 PM »

Privacy coin is a blockchain based coin that hides its own blockchain so that no one can trace it like veil.In fact, I know I'm confused, but apart from mining, the veil also has the ability to stretch because of the hybrid consensus system POS. The target is the same as any other POS that lets you win based on the coins you hold in your wallet or veil coins. Veil POS application is very tempting for those who like to keep their money, who want to hide their assets. Because they use zerocoin technology for high security and Privacy.

14

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

« on: May 10, 2019, 09:40:05 PM »

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.

Technically speaking, the niqab project, like other Zeroco-focused projects, has two types of coins: bazcoins and zerocoins. In most other projects, users must manually fill their bazoco with zerocoins, if they choose. With napkin, bazcoins are automatically placed in Zerocoins above 10 bazcoins. In other words, when a user has at least 10 bascoines, it is automatically dipped into the zero-mine. The reason for the existence of two coins and the fact that each coin is not printed on Zero is because they are the same currency (veil), because they have an affordable cost of printing and spending on zero currency. Please note that an average user doesn't have to worry about eventually seeing a balance

In veil, bascoin operations are made anonymous using RingCT and secret addresses. RingCT is a method of making the sender's digital signature anonymous by combining the sender's digital signature with random other signatures from the block chain's history, creating a final, unique signature. Then, using a range proof, the amount of transactions is hidden. Eventually, the network does not recognize the sender or the amount in a transaction, but by using an encryption key image, miners can verify that the transaction is valid and that there is no double expense.

15

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

« on: May 10, 2019, 09:38:45 PM »

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.