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Author Topic: [ANN] [PoW] [PoS] VEIL - Privacy without compromise  (Read 567 times)

Collinberg

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[ANN] [PoW] [PoS] VEIL - Privacy without compromise
« on: April 09, 2019, 02:24:18 PM »












Nuxxorcoin

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Veil - Privacy Without Compromise
« Reply #1 on: April 12, 2019, 07:21:16 PM »


INTRODUCTION



The blockchain technology makes the world oppress and also provides significant changes. Blockchain technology has changed our point of view not only against money but also against many other things. Blockchain technology has taken away not only the states but also third-party companies and banks as regards our money exchange. While the blockchain is developing so fast, it also faces some problems. The most important one is security. Blockchain technology is still a very new technology, although it finds life after an article written 10 years ago. This sector, which has security problems, is constantly under attack. However, some projects aim to build robust technologies that will further strengthen block-chain technology. It is possible for us to exchange our money purchases anonymously and untraceable. I'm about to talk about this project, and it's one of them. And it has succeeded in being innovative and first in many areas as its features.

Problems




The biggest problem with cryptocurrency is security. One of the biggest reasons for this is that centralized exchanges and central transfer transactions are possible. Blockchain technology, in fact, needs to establish a decentralized system. This means that all user data is not stored in a single repository, we need untraceable blocks. But the use of the current block chain causes the accounts to be easily discovered and hacked. Due to the lack of users ' own wallets, these coins are open targets for keeping coins in central stock markets. In addition, users do not have the opportunity to make mining for each coin. Mining of coins such as Bitcoin, Dash, Ethereum is very expensive, costly and time-consuming tasks. It can't be done by anyone, and it can't be profitable for everyone. But it should be noted that what makes Block Chain Technology special is that it allows it to be able to transfer irreplaceable, confidential and secure money. The safety of these properties is at stake.


Veil Project



Veil project is a security project created within the framework of the Zerocoin protocol. As is known, block-chain technologies that implement the Zerocoin protocol are different than the systems we know. The main purpose of zerocoin technology is to ensure that the crypto transactions are carried out in full confidentiality. In this way, the sender or receiver is not known and can not be followed. This is a situation that would benefit us all. Apart from this, the project has different features. One of them is the stake system. If you have 13.000 veil coins, you can get 50 veils per day. To do this, just keep your wallet open. But, as is known, in all stake systems, the stock rewards fall over time and are variable. The present award in Veil's current system is very satisfactory. Besides, the Veil is allowed to be mineable. Using the Veil system, you can earn a lot of coins including Veil and earn passive income. You can follow these explanatory steps to obtain stock rewards.

Step 1 - You have to download Veil Wallet for your own operating system. And the wallet is now available for Windows, Linux, OS. In addition, Android and iOS applications are under developing.

Step 2 - You have to complete the installation phase according to your operating system by following the necessary steps.

Step 3 - You can learn your receiving address by clicking "Receive Money" section of your wallet and send here some Veil. You should transfer the Veil coins you have on the exchanges.

Step 4 - Then you activate the staking process by activating the "Staking" tab in your wallet and permanently leaving your wallet open.

Veil Design



The supply of Veil coin in circulation is now 10 million. The maximum supply after the stock transactions and mining transactions will be 300 million. The form of the consensus algorithm of the veil project is as follows: "x16RT + POS (1 year+ distribution phase) Proof-of-sale phase" and the approval of blocks, as well as stackage operations on the platform, are known. Block prizes are determined to be 100 and will continue until the hard cap is reached for the first year, and this will eventually be 20 and Veil project uses Zerocoin protocol and wants to establish a maximum security architecture for the users.



Features Of Veil



**    Always on Privacy & Security

The veil project is aware of the vulnerabilities in the current system and wants to correct them. For this reason, the platform that uses the Zerocoin protocol and RingCT technologies wants to build a completely invincible firewall for users. This is to maximize the experience of the architectural blockchain created by Veil.

  ** Anonymous Passive Income Opportunity

For now, it is possible to have a passive income on many platforms. However, the veil project wants to take this one step further. You earn the awards in the veil project anonymously. That means no one knows how much you win and when you win. Even if you leave your wallet open, you can take advantage of the stack rewards.

 **   Self-sustaining

The veil project does not require any third-party company or stock exchange to maintain its continuity. Thanks to the consensus created by the veil project, users confirm the accuracy of their blocks and thus no third parties are needed. Because the project is completely user-oriented. As a result, the wallet is user-friendly and has a simple interface and design that makes it easy for users to work with.

CONCLUSION





The Veil project is a project that has entered the market without any ICO and is currently being traded on many stock exchanges. The Veil project is a blockchain project that provides maximum security supported by cryptography science anonymously. This project allows you to make passive income by performing various operations. In addition, the project team created a wallet, web design, desktop wallet products such as completely user-oriented design. And they want to help them live their block-chain experience in the right way.

MEET THE TEAM








For Further Information






WEBSITE: https://veil-project.com/
TELEGRAM: https://t.me/VEILProject
DISCORD: https://discord.gg/rrYxjBh
ANN THREAD: https://bitcointalk.org/index.php?topic=5065331.0
FACEBOOK: https://www.facebook.com/projectveil/
TWITTER: https://twitter.com/projectveil
REDDIT: https://www.reddit.com/r/Veil/
GITHUB: https://github.com/Veil-Project


Bitcointalk username: Nuxxorcoin

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2378574

My Veil Adress: bv1qxp9n8jugmu09zkgjm2wv92ksl827qqtx5qq9vw

Olamidey

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Re: Veil - Privacy Without Compromise
« Reply #2 on: April 12, 2019, 07:35:56 PM »
the Veil Project amongst its other uses can be mined as it has a double approach more of an hybrid setup as it combines both Proof of work mining and proof of stake mining. if you want to get started with mining, the following are the major pools and mining softwares to use and their links.

mining softwares
 
 Suprminer (NVIDIA) - https://veilmine.com/
CryptoDredge (NVIDIA) - https://github.com/technobyl/CryptoDredge/releases
T-Rex (NVIDIA) - https://github.com/trexminer/T-Rex/releases
Wildrig (AMD) - https://github.com/andru-kun/wildrig-multi/releases/

Mining pools
Veilmine   --- https://veilmine.com/
Suprnova -- https://veil.suprnova.cc/index.php?page=gettingstarted
 
Block explorers
Mainnet — https://explorer.veil-project.com/
Testnet — https://testnet.veil-project.com/

For those who have mined or still mining,  let's share experiences

Obiwankenodium

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Re: Veil - Privacy Without Compromise
« Reply #3 on: April 12, 2019, 08:10:28 PM »
What is the purpose or use case of the cryptocurrency token Veil. What is their unic selling point or advantage ocer other cryptocurrency tokens?
         
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Jan_Vl

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Re: Veil - Privacy Without Compromise
« Reply #4 on: April 13, 2019, 08:04:09 AM »
I heard about this coin, but I don't whether it good or not. Many coins propose privacy and security, I don't see anything new

Collinberg

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A Simple Infographics Explaining Veil Cryptocurrency
« Reply #5 on: April 17, 2019, 06:51:03 PM »
« Last Edit: April 17, 2019, 07:04:33 PM by Collinberg »

Simi

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Re: The first zerocoin-based cryptocurrency with "always-on" privacy.
« Reply #6 on: April 17, 2019, 08:13:05 PM »
One think I like about the blockchain is that in the bid to make it function maximally u the aim of bringing values down to users ,which in turn would encourage participation, new projects keep coming up with the view to improving upon the previous solutions proposed by these projects inorder to achieve the desired altimate result of mainstream adoption.
One of this challenges that seems to be hindering adoption rate is the security of the blockchain...which some other projects proposed to solve using some technologies.
Unfortunately , there are inherent weaknesses of some of the technologies .
Despite the commitment of these projects to re-create a blockchain where transactions would be highly anonymous , untraced and unlinked to the initiator(sender) of the transaction, there is still room for improvement of these technologies to achieve 100% annonymity of transactions on the blockchain.
Introducing 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..
The zerocoin protocol, bulletproof ,dandelion etc combined would give the veil project an edge over other privacy coins.

Simi

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Re: The first zerocoin-based cryptocurrency with "always-on" privacy.
« Reply #7 on: April 17, 2019, 08:14:10 PM »
One thing I like about the blockchain is that in the bid to make it function maximally u the aim of bringing values down to users ,which in turn would encourage participation, new projects keep coming up with the view to improving upon the previous solutions proposed by these projects inorder to achieve the desired altimate result of mainstream adoption.
One of this challenges that seems to be hindering adoption rate is the security of the blockchain...which some other projects proposed to solve using some technologies.
Unfortunately , there are inherent weaknesses of some of the technologies .
Despite the commitment of these projects to re-create a blockchain where transactions would be highly anonymous , untraced and unlinked to the initiator(sender) of the transaction, there is still room for improvement of these technologies to achieve 100% annonymity of transactions on the blockchain.
Introducing 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..
The zerocoin protocol, bulletproof ,dandelion etc combined would give the veil project an edge over other privacy coins.

cryptoblezin

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About The VEIL Project:
« Reply #8 on: April 18, 2019, 09:28:10 AM »
Good day everyone, I have brought to us today a new and incredible cryptocurrency platform that is already doing amazingly well on the coin market cap due to its unique features and potential. This project is no other one but VEIL.

Aside from the impressive features it promises to bring onboard, VEIL Technology, by virtue of its name, “VEIL” hints on the project’s quest to alter the current privacy options in digital assets. To enhance the privacy focus of cryptocurrencies, VEIL Technologies combines relevant privacy technologies that will make crypto coins truly private.

THE HYBRID CONSENSUS MECHANISM OF VEIL

The consensus system is one of the factors that propel the success of every crypto project. In its case, Veil Technology, in its bid to bring revolution and full-scale privacy to crypto coins, opted for a hybrid consensus mechanism.

Featuring the productive Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanisms, the project aims at providing full-scale security and boosting mining activities on its network. The PoS consensus, in particular, triggers a reward mechanism that tips participants with the Veil coin after staking in the mining pool. On its part, the PoW consensus mechanism makes use of the ASIC-Resistant X16RT hashing algorithm to secure the platform. It also ensures an even distribution of coins.

VEIL on Coin Market Cap: https://coinmarketcap.com/currencies/veil/

If I were you, I will like to make more research about this project and key into it this is one of its kind so far in the history of cryptocurrency projects, in fact, the price of the coin has been growing since it got listed on the coin market cap.

For more information about the VEIL Platform, please visit:

WEBSITE: https://veil-project.com/

ANN THREAD: https://bitcointalk.org/index.php?topic=5065331.0

TWITTER: https://twitter.com/projectveil

FACEBOOK: https://www.facebook.com/projectveil/

cryptoblezin

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VEIL Moving To The Top On Coin Market Cap
« Reply #9 on: April 19, 2019, 08:32:36 PM »
Will you prefer quality over quantity? If your answer is YES, then VEIL is the best match of cryptocurrency project for you to look into this year 2019. VEIL has a limited coin supply in which 13,977,007 is its total supply. Of course, this will go a long way in having a positive effect on the value of the coin. VEIL is a new platform and a potential project whose coin usage has ever been on the rising trend.

The virtues of crypto lie in anonymity. Not so much for fear of retribution but just for the privacy’s. The right to conceal and keep what is yours, yours. The VEIL team is not simply looking to market privacy, but actually implement and achieve it for those who need it.

The price of VEIL has always been encouraging, ever since I have discovered this project, its value has been doing well (appreciating at all time) on many reliable cryptocurrency exchanges which I have a positive feeling that sooner, the VEIL coin will make it even to the first 50 on the Coin Market Cap page.

Thank you!

Join Us Now at VEIL!

For more information about the VEIL Platform, please visit:

WEBSITE: https://veil-project.com/

ANN THREAD: https://bitcointalk.org/index.php?topic=5065331.0

TWITTER: https://twitter.com/projectveil

FACEBOOK: https://www.facebook.com/projectveil/

Simi

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Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
« Reply #10 on: May 01, 2019, 05:45:04 PM »
The various weaknesses of the present  privacy coins is a testament to the need for a privacy coin that would improve  upon the solutions proposed by these coins in order to meet the privacy demand of users .
Veil seeks to  takes privacy coins to a whole new level  by leveraging off the existing technology and making improvements on them to make the protocol effective...which would quarantee privacy without compromise.
« Last Edit: May 01, 2019, 11:18:29 PM by Simi »

Dannev

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Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
« Reply #11 on: May 13, 2019, 08:32:30 PM »
Enough has already been said about this platform. It is what brings more opportunities and a way of readjusting to standard through it's very good innovation, this platform has so much to give and will by no means come short of it's response to users. It exists to sort out the issue of privacy, to bring a lot more possibilities and positiveness to the block chain so that no matter how hard the system proves to be, users would always come out untouched and the market will always be in their favour. Veil unlike so many platform is meant to reduce the way many Investors are being threatened with their funds especially for some of them with high value of Bitcoin and other Currencies that they hold in assets with high value.

The function of this platform will be to open users up to solutions that are decentralised and from there have things done in safety and confidentiality. It will be very much concerned about it's operations, about it's safety and how perfection can be reinstalled to the system without going in the wrong direction.

Coltpython

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Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
« Reply #12 on: May 15, 2019, 01:29:53 PM »
With the new updates that Zerocoin is no longer going to be utilized by Veil. What other privacy protocols out there do you guys think the Veil devs will employ?

nezerlan

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Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
« Reply #13 on: May 17, 2019, 02:33:18 PM »
With the new updates that Zerocoin is no longer going to be utilized by Veil. What other privacy protocols out there do you guys think the Veil devs will employ?

No update on that, last time I checked. Cryptography isn't as easy as it sounds. But it seems the Veil team are looking at a few alternatives but no official annoucements as of yet

nezerlan

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Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
« Reply #14 on: May 17, 2019, 03:01:56 PM »
Veil is a powerful project. I mean, the fact that they didn't even organize a token sale shows the seriousness of the team and their dedication to the improvement of the privacy protocol

 

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