Veil is the new crypto currrency with a difference, as it promises 100% privacy and anonymity to its users at all times.
VISION
To create the cremè de la cremè full-time privacy coin and transactions anonymity to investors/ miners.
INTRODUCTION
Let us backtrack for a moment by taking you through a short journey on the know hows of the crypto wold: crypto currency is basically digital cash for the digital world. It is similar to real life money, that is bills and coins except there is no need to carry along a large wad of cash it is all digital. In a fast rising age where everything around us has gone digital , crypto currency is fast becoming a major means of paying for goods and services. One of the major lacuna in the blockchain technology is "insecurity and little or no privacy", hence, the birth of VEIL PROJECT.
VEIL has created a perfectly anonymus and secure platform for the crypto currency investors. So from staking to transacting, all process are completely anonymous, and this is a huge deal in cryprocurrency as currently blockchains systems data are transparent and open to any user. This basically means your transaction history is available on the system to anyone that know how to type the right buttons to downlad it. Spending habits, transaction histories of individuals and companies alike were visible to anyone who cared and this issue has been solved by VEIL's full-on-privacy project.
FUNCTIONALITY
From its inception, Veil has intergrated the world’s most secure blockchain software, Bitcoin version 0.17.1, Zerocoin and RingCT which esures the system runs effectively as expected.
Bitcoin software has proven itself worthy to be referred to as the most secure in existence.
RingCT privacy, provides “always-on” privacy such that all transactions carried out by users remains strictly anonymous.
The Zerocoin protocol is based on zero-knowledge proofs In the sense that in the sender, receiver and amount transacted remains anonymous to everyone except a particular user wants to reveal what he or she has been up to the general public.
Dandelion protocol makes it almost not feasible for transaction to be tracked from the source to its receiving end on the platform and lastly, the Bulletproofs technology will be embraced to ensure reduced transaction sizes as a way of implementing risk management on the platform.
HOW CAN ONE EARN VEIL?
It is earned through two basic means namely:
Proof of work (POW) and proof of stakes (POS)
The Proof-of-Work mining system, guarantees a fair distribution of the coin, avoids the necessity of an ICO, and ensures superior security to the overall network.
Proof-of-Stake and is a self sustaining system that has an inbuilt self funding for resarch and developmemt,customer service and support and as well as for operations such as marketing, partnership, and bounties.
One more advantage that trumps veil above the others is it's user friendly platform thereby optimisng the users experience amd it also integrates a proof-of-stake earning where one can earn rewards by staking.
In conclusion, It's no longer news that VEIL PROJECT is often regarded as" blockchain technology's next big thing" as it sets to provide full time privacy plan with a longevity that is supported by continous research and development that pushes the limits of technologies that drives the cryptocurrency world to a better, greater and safer digital dominated world.
ROADMAP
MEET VEIL TEAM
Do visit any of the links below for more information
Official website: https://veil-project.com
Github: https://github.com/Veil-Project/veil
Discord: https://discord.veil-project.com
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil
Reddit: https://www.reddit.com/r/Veil
LinkedIn: https://www.linkedin.com/company/project-veil
Telegram: https://t.me/VEILProject
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5065331.0
Bounty thread: https://bitcointalk.org/index.php?topic=5125073.0
AUTHOR'S DETAILS
Bitcointalk Username: Liltinnyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2450337;sa=summary
Veil Address: bv1q8y0z0u8yjke6g0n4hwhu6ypnnnugjjkcadvsef
You nailed it. Veil has combined core powerful technologies in its operations. The likes of Zerocoin and RingCt.