INTRODUCTION
It is not easy understanding crypto, especially with the way there are many sides to it recently. It is a very elaborate Innovation that has so many members, stakeholders and investors in it. To make it all complex, you will never know if hackers are present except they Launch their attack on you. Most times these hackers are not usually an outsider, but someone who is part of the members, or disguising to be. Many times, the principle of operating the blockchain changes and there is always an adjustment to it in one way or another. Applications too differ and the strength the model exhibits has a way of affecting the users whether positively or negatively. The principle of operation of veil is we can have best to take care of the investors in this network. This is because veil will be conferring privacy and improving the status of security in the DLT.
ABOUT VEIL
VEIL'S innovation completes the digital community and the operations in it. It can be said that this is what remains to be achieved in the entire world of cryptocurency. Veil makes everyone derive the best from the blockchain and also to provide users with the best features to do well in the cryptocommunity especially when investing. Transactions are done anonymously with the cryptos involved with confidentiality and the completeness of the setup. This is all that is needed to be kept in place and that has been the aim of veil. It's implementation has been designed to fit perfectly into the environment.
THE IMPORTANT FEATURES OF VEIL.
This project is complete with the presence of the RingCT protocol. This aids the transactions in the ecosystem and encourage the functioning of the other components of the establishment. As it is used, there would be a higher use of the distrubuted features and also the security of the innovation will be doubled. Necessary assessment and high quality transactions will be coordinated to the advantage of the users.
Among the different technologies that are used to enhance the effective working of the innovation is the bulletproof tech that manages the sizes of all the transactions done in the establishment to make certain the establishment copes with any type of those operations.
The mining activities are also guided with the use of both the proof of work and the proof of stake algorithm of the DLT. These are the best algorithm that helps it secure some more time and provide a dependable software establishment for users.
It uses its privacy coin and therefore ensures the locking out of the hackers. Users portfolios are set and cannot be intruded by anyone. This makes their tracks untraceable and provide a common ground for parties in an operation.
This innovation settles the problems of so many startups and reduces their vulnerabilities. The coin cost are brought to the optimum level making it difficult for the users to have any issue while performing any activities.
Veil has a Veil lab feature that helps it thrive the more. The protocol simple improves the structure of the innovation and promotes the investors.
ABOUT THE TEAM
The team is greatly proud of this innovation. They have the strength and experience to birth the goals of the innovation and has made provisions for all the important features that should be present in the model. Storing Veil or other funds has the wallet provision to cater for that while keeping anonymousity in check as that is done. The Veil Lab, mining activities, wallet and all other components has their place already in the ecosystem.
Some of the team members have been traced to have played some effective roles in the creation of some of the past crypto projects. All they have put in there is simply the best they could possibly give and they have been supportive from the start or the inception of Veil too. Some have crossed from the participation in projects like the PIVX, HyperStake and also in the zDEX too. This are remarkable project that are making wave in the community. It will be an understatement to say this innovation has got a handful of strong team because in actual sense the team members are really innovative in their approach and tactical especially in the mining process.
CONCLUSION
This project has been amazing all through its short time of arrival on the DLT. There is quite so much more to be done as all that is seen is just the tip of the iceberg. Launching out will do so much favor for investors by eliminating the flaws and every forms of weaknesses. Growth and massive adoption of the blockchain will there be unavoidable as it leads other innovations and ensure the perfect state of functioning for all.
USEFUL LINKS
Website: https://veil-project.com/
Telegram: https://t.me/VEILProject
Discord:https://discordapp.com/invite/Ywyb9hs
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
AUTHOR'S DETAILS
Bitcointalk Username: Kpelumo
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2576788
Veil Address: bv1qgkr8hxwhu7wl3vah4hqnyrqxvf0shkgc5g6zg7