The market capitalisation of the cryptocurrency industry in the past few day has positively surprised everyone, the market is now green and every crypto trader is now smiling, but just as you all know, the wonderful moments in the cryptocurrency market has just began.
Without wasting much of our time, I bring to you all a blockchain project that is offering an uncompromised privacy and safety to all transactions.
In this present time, we all know the benefits attached to having a guaranteed security and privacy to transactions. Just recently, news was circulating around that some group of cyber criminals have come up with a software which randomly guesses Bitcoin wallet private keys for wallets until the correct private key is gotten.
How do these guys carry out their operation? They simply go to blockchain explorer to the movements of large funds after which the corresponding wallets will be traced and the software can then be used to guess the private keys. This created a lot of fear among most bitcoin holders as their funds are no longer safe on the blockchain.
Several other cyber attacks have happened have been recorded as a result of this privacy issue and as such, we have seen some projects stood up to this challenge such as Zerocoin however, they do not provide absolute anonymity to transactions.
Veil technology is however the new project that has finally gotten a lasting solution to this endemic security and privacy mess in the cryptocurrency industry.
Introduction to Veil Technology
Veil technology is being set up by group of professional individuals who have carefully studied and understand the strength and lapses of the conventional privacy and security technologies that are existing and as a result, carefully built its platform by the integration of this technologies in order to provide an uncompromised and second to none privacy and security for all transactions.
With this new technological solution by Veil team through its Veilcoin, only the sender and receiver would know the details of a transaction which literarily means that the transaction will remain anonymous to a third party. Not only this, also the wallet address of both sender and receiver of funds will remain anonymous, therefore, there won’t be any means for a cyber criminal to carry out any form of cyber attack.
Undoubtedly, several cryptocurrency users will feel comfortable using this technology without the fear of getting their funds stolen or hacked. This is indeed the power of an uncompromised privacy and security.
Veil Wallet
Veil wallet been developed by the Veil team is available for download by all macOS, window and linux users. This wallet has been carefully designed by the team in other to improve cryptocurrency management experience for all users also with a first class security feature. Users of the wallet also have added advantages of using the wallet through staking feature which allows users to earn Veilcoin just by holding Veilcoin in their wallet and also keeping their wallet opened. Android and iOS version will be available for download in a later date.
Veil technology didn’t conduct any form of fund raising before the launch of its platform which makes the platform totally self sustainable.
In conclusion, cryptocurrency transactions just got reliable and problem-free by the technology being offered to us by the Veil team which provides an absolute privacy and security to all transactions. This will not only result in massive adoption by masses but also will achieve great reduction in cyber hacks and security compromises in the cryptocurrency industry.
For more information about veil technology, Please check the links below;
WEBSITE
TELEGRAM/DISCORD
TWITTER
REDDIT
GITHUB
ANN THREAD
FACEBOOK
Bitcointalk Username: junscoop01
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2597683
Veil Wallet address: bv1qea7gx0exnsnh44ty9u5p6znntu9xrvece7ztau