The transparency of blockchain is nothing to ride home about, the security its has been denied. We have lost our digital assets and a lot if innovations came through to put an end to this challenge but non got it to the brim.
The part these failed projects never acknowledged is the fact of "two heads are better than one". Working with team of greater thoughts will enhance more growth. And veil understood this part family. Veil platform is geared at changing the status quo of our security by initiating so many strategies.
VEIL ZEROCOIN
Veil zerocoin is used to ensure smooth, quick, glitch free transactions, a transaction without second party, a transaction without boarder, a transaction that isn't traceable and a transaction without limits. these are the work of zerocoin in veil platform.
PROOF OF STAKES AND WORKS
Proof of stakes and proof for works are built on a single system which ensures stakes and mining are regulated perfectly, proof of stakes and works are the earning engine in veil, it serves as a rewarding tools for veil users. With these tools, you can stake, mine and make your profits with a secured wallet (a privacy without compromised).
ASIC-RESISTANT X16RT
ASIC-resistant X16RT hashing algorithm helps to protect users and investors from external influence.. This tools serves as another strong tool that helps prevent any foreign body, an intruder or a hacker trying to invade the system. ASIC-resistance X16RT Resist the operation from coming in to the platform. This is another defensive mechanism to stop hackers from invading the system. Now Let's discuss about the veil Labs and its function.
VEIL LAB
Veil lab is a foundation organized by veil plarform whose mission is to push and support security challenges in the platform to analysis, development and education to bring suburbanised protocols and tools to the globe that empower developers to provide next generation suburbanised applications and along build a a lot of globally accessible, a lot of free and a lot of trustworthy web. Etc
The Veil Labs by the Veil Project is based with its own budget, vision, mission and team. Its purpose is to conduct analysis and development, and push the technical boundaries within the cryptocurrency privacy technology. Veil lab is a strong supportive team to always checkmate the platform to ensure there's no errors involved.
Veil Labs is receptive serving to the cryptocurrency scheme realise its privacy goals by opening the borders of its evidenced, analysis work to developers who obtain modern innovations in privacy technology. The team is created of skilled professionals individuals with sturdy information and knowledge in cryptocurrency and blockchain development.
Without having much to say, it is crystal clear that VEIL has gotten all it needed to protect the security of users on blockchain. The tools are sequentially defined and explained.
CONCLUSION
Its is a pure reality that
Veil Labs is there to supply continuing property development and advancement of Veil coin and make sure that it retains its hallmark of uncompromised privacy in cryptocurrency whereas creating its worthy analysis works offered to cryptocurrency world for higher advancement in privacy technology. Veil is amazing.
To have more insight about veil please kindly do check the links below.
Website: https://veil-project.com/
Reddit: https://www.reddit.com/r/veil
ANN Thread: https://bitcointalk.org/index.php?topic=5065331.0
Telegram: https://t.me/VEILProject
Discord: https://discord.veil-project.com/
Linkedln: https://www.linkedin.com/company/project-veil/
AUTHOR'S DETAILS
Bitcointalk Username: Chika08
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2107609
Veil address: bv1qs4dwgjczk2h6qqgpjdazf4zjvfpsr7yqf5h06r
The project is more technical but you simplified it for us, thanks for the job done, I would love to read more piece from you
The Veils privacy protocol has shown the advanced technology in the blockchain industry
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All I can say is that Veil project is the innovation we have been waiting for. Thanks to Veil team.
With veil privacy is assured