Crypto currency is a word that is associated with anonymity, security and privacy. But over time, these associations were questioned.
Centralized exchanges store crypto assets of their users on common crypto wallets and use not fully protected Blockchain -spaces. All this affects the periodic hacking of exchanges, trading platforms; and some platforms because of this cease to exist.
The largest crypto currency exchange in South Korea – Bithumb – on the night of June 18, 2018 was attacked by hackers. As a result of the attack about $30 million were stolen.
In 85% of cases, the platforms are closed. Even after reimbursement to users of their money, users no longer want to risk their funds. And they are massively leaving this platform and selling tokens of this platform.
And all these problems are due to the fact that the owners of crypto exchanges and platforms in the struggle for scalability have not provided full protection of users for all 100%! While anonymity and confidentiality are priority areas of the crypto industry.
Many users are willing to invest their money to protect their digital assets and preserve the privacy and anonymity of their transactions and activities in the crypto space. And the new project has already become one of the leaders in providing protection in the crypto environment.
This is Veil.
Veil is an anonymous crypto currency, a new quality level. All transactions and transactions when using Veil are anonymous, they cannot be hacked or tracked.
The basic technology of Veil Project works on the Bitcoin 0.17.1 kernel and Zerocoin protocol of cryptographic protection. Besides this, the Dandelion protocol is responsible for preventing coins and transactions from being tracked.
Dandelion provides a higher level of anonymity by completely hiding the IP address of transactions and transactions between users.
The Zerocoin protocol is a cryptographic protocol for the creation of anonymous payment systems. The idea is based on the evidence with zero disclosure.
Using the RingCT protocol hides the value of the funds being transferred, no one can see how many coins are contained in the transaction, and provide full confidentiality by using complex mixing
To solve the problem of scalability Veil will use in its network a consensual system Proof-of-work (PoW) and Proof-of-Stake (PoS). With these methods, the system will ensure maximum decentralization, energy efficiency and provide a mechanism for all Veil holders. Bets will only be available through the Zerocoin ratings to increase the confidentiality of the coin.
The hybrid mining system PoW and PoS protects the network from "attack 51%" and makes it impossible, because in addition to the capacity to attack the attacker must have on his account more than 51% of coins.
Veil is not just a crypto coin, it is a full-fledged cryptographic anonymous space. Veil combines:
Digital Wallet
Mining
Blockchain VEIL
Veil Exchange
Veil Cryptocoin is already possible to purchase on more than 7 Crypto markets and exchanges. And the price of the course grows steadily, as well as its capitalization.
Course VEIL $ 0,250086 $ (05.04.19)
Course VEIL $ 0,329958 $ (30.04.19)
Coins in circulation 14.7 million
Market Capitalization 4 867 640 $ $ (on 30.04.19)
Veil Labs is a team of experienced developers and programmers! They have one single and common goal – development, testing and implementation of new methods of protection and cryptography. This team will enable Veil to remain a leader in anonymity, protection, privacy and privacy.
Veil project is always ready for communication. Each user can join the VEIL already now:
Web: https://veil-project.com/
Telegram: https://t.me/VEILProject
Linkedin: https://www.linkedin.com/company/project-veil/
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil/
Reddit: https://www.reddit.com/r/Veil/
Discord: https://discord.veil-project.com/
Bitcointalk name: rafaelyarulin
Bitcointalk Profile
Telegram
Veil Basecoin Receiving Addres: bv1qtgakd2fl9jqztj3glarefvz7ugqnqusrztzncq
An interesting concept, it will be interesting to look at the implementation of the project.
Отличная статья, все подробно описано, спасибо автору за замечательную работу!
I read about the project. I think it's interesting and promising. Many positive reviews.
Good jobs, have something to think about.
I think the team will have success.
I have been following this project for a long time and I hope for a positive result.
Quite promising project Veil, now anonymous cryptocurrency is needed.
Long-term vision of the project and an excellent team of professionals make the project attractive for investment.
Interesting project. Thank for rewiew bro