It is no longer a thing of awe when one says that the invention of blockchain technology has indeed brought about innovation, accountability and efficiency in different sectors across the world today, blockchain however still need advancements to explore and improve varying sectors hence bringing more innovation across the world. overtime it has been discovered that a good number of these innovations are centralised and are thus highly susceptible to third party manipulations. With blockchain they seem to be a new lease of life in the technology sector because blockchain portends a total decentralisation approach and so it stands out as the best alternative for the myriad of challenges within the technological space. Blockchain itself seem to have also evolve since its invention in 2009 the first ever blockchain protocol was launched 11 years ago and the challenge of this protocol is that most of its transactions can be publicly viewed and this fall short of every tenets of confidentiality and privacy most especially within the digital space.
In curbing this menace within the blockchain space and the digital space at large a group of thorough breed experts have through concerted efforts created a protocol that can give virtually every user the ability to operate in a full anonymous environment without them having to compromise their privacy and this protocol or rather invention Is called VEIL.
ABOUT VEIL
Veil is a product of team work, expertise, experience and commitment. It's an innovation poised towards creating a completely anonymous environment with no equal in this evolving industry, in developing veil bitcoin was chosen because it stands out as the most functional, effective and at the same time the most secured protocol for the past 11 years, bitcoin peculiarities was further complemented with zerocoin protocol to offer a unique encryption service with a value of zero for any transaction carried out on it thereby ensuring that the nominal values/figures of transactions are not revealed. With this there is bound to be a complete anonymity of all transaction. The veil project also has the Dandelion and this provides support and function that ensures that transactions made cannot be traceable.
FEATURES, PECULAIRITIES & BENEFITS OF VEIL
The veil project aside it Zerocoin and dandelion also features a hybrid consensus protocol namely the POW & POS so that it can operate much more efficiently and also fully decentralized. The balance of veil network is made possible when blocks are made to correspond to Zerocoin value, it also ensures that anonymity feature is not compromised for every transaction within the network. With this all unwanted instances and rates are eliminated, the nominal value of Zerocoin protocol starts with 10 coins and then grows in the multiple of 10,s.
In a bid to ensure that the veil platform is very much reliable and also credible in all facets a fair or rather equity coin distribution mechanism can be achieved via the comprehensive usage of hashing algorithm, which will specifically target a fair and a balanced proof of mining and complete disbursement of the coin. This method of disbursement eliminates any form of public sales.
THE BRAINS BEHIND VEIL
VEIL is listed on VINEX, STEX, Graviex, CITEX. Click the link below for VEIL markets
Click 👉 https://coinmarketcap.com/currencies/veil/#markets
CONCLUSION
Indeed the team of experts behind the veil project must have really outdone themselves to come up with such a unique project. Veil stands out because it assembles the best of protocols that propel its completely anonymous system. Veil is a project designed to work harmoniously and also efficiently for users satisfaction guaranteed, upholding privacy to the core.
TO FOLLOW UP ON VEIL PROJECT, VISIT THE LINKS BELOW
Website : https://veil-project.com
Discord : https://discord.gg/Ywyb9hs
VEIL Explorer : https://explorer.veil-project.com
GitHub : https://github.com/Veil-Project/veil
Telegram group : https://t.me/VEILProject
Twitter : https://twitter.com/projectveil
WRITER'S INFO
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
VEIL ADDRESS:
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I usually don't used to think there is need for privacy coins , but going through this article, I'm really impressed with some explanations on the features of this very coin. The hybrid consensus in particular got my attention. BTW keep it up. If there will ever be an AMA for VEIL, I have some questions to ask the team.
Thanks for the comment. If there is an AMA, it will be announced on the social media channels. Please join the telegram community, follow on twitter, facebook for updates.
I'm following them on twitter, already turned on notifications, thanks