https://images.app.goo.gl/4KmdbWCCZuWoZnJm9
Preliminary
In the digital world, privacy is not guaranteed as there are so many anomalies that could lead to a user's privacy been compromised.
When it comes to cryptocurrencies also, features representing high-level security and privacy should be in place to protect the user's digital currency.
Cryptocurrency since its inception has been upgraded time after time with different technological advancements been made. However, absolute privacy is not guaranteed with most cryptocurrencies since transaction carried out with them are often very traceable, and this is because the privacy on these platforms is most times surface level.
About Veil
Veil noticing this lapse has created a technology that guarantees maximum anonymity and privacy with its users. It has created a cryptocurrency that guarantees full-time security and privacy in transactions. When transactions are made both the sender and receiver cannot be tracked when using the Veil blockchain, the information about the amount spent is only privy to the parties involved in the transaction.
The Veil cryptocurrency uses one of the most secure blockchain software, and in addition to that, it also uses the Zerocoin based network.
This ensures that the user has full-time privacy with them deciding when and what information to make available and visible to the public.
The blockchain is a hybrid blockchain ensures that the network is private with the users conducting transactions anonymously, Veil is the only blockchain technology that allows its users to trade and carry out transactions anonymously to further validate the user's security and privacy.
In the traditional business world, transactions are carried out with IPO’s been issued between the sender and the receiver, however, in the digital world ICO's (initial coin offering) are used but on the Veil platform this is not used as the blockchain is already secured with proof-of-work and proof-of-stake. This does not only enhance the already present high-end security, but it also brings about an organized distribution of goods and services on the platform.
Veil blockchain exists to give its users the best possible experience, which is better than any they can receive on any other platform. The wallet interface it offers its users are advanced and when transacting or trading the user can send files of any size as opposed to the usual limitation that the users on other platforms generally face.
Though the network uses the Zerocoin as its cryptocurrency, it has improved on it by making sure users can carry out multiple transactions on the platform using Zerocoin as opposed to the usual which limits transactions carried out. It also creates a multi-block system where these transactions would be carried out.
The beauty of the Veil blockchain is that it has a team of dedicated workers called the Veil lab who work day in day out to improve the quality of the cryptocurrency and the blockchain or network. They would continue to push boundaries for anonymity and privacy on the blockchain making sure to give their users the perfect experience so that they can continue to patronize the platform.
You can know more on this wonderful platform from
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:
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1223251;sa=forumProfile
Veil Address: bv1qr6ks23p8yv4j9tc3fmtd0lt7nyvmc9mzn3zlt3
