It will interest you to know that a reasonable portion of the World's market is now controlled by cryptocurrency related transactions, even though the adoption isn't as much as we would like yet, much progress has been made bringing people to the space, and it has succeeded in substituting FIAT payment in a lot of offline retail stores.
All of these goes a long way to prove that crypto is greatly impacting the blockchain space in a positive way, however many factors have been a hindrance to the success of the blockchain and these factors includes security, confidentiality and some degree of privacy. It was basically for the sake of issues like this that experts came together to create a project called veil with the sole intention of bringing an end to many of these issues that have lingered for so long.
About Veil
What veil aims to focus on is the bridge and violation of user's personal information , and offer a more secured way of storing assets. It tends to repose back confidence and trust to the minds of all users. Anonymity is also another key advantage of embracing the veil network, because most big traders who indulge in huge daily transactions do not want details of their personal transactions divulged to the public.
Advantageous features of Veil
Veil has a number of protocols that makes it stand out from the others, for instance it nurtures an hybrid of POS and POW and thus improves it's mechanism of operation. These two protocols combined provides a high level of efficiency to the ecosystem and makes the processing of making transactions a very smooth one. The POS makes users to earn tokens passively for just holding a few tokens in their veil wallets. Transactions are also made anonymous and hidden owing to the zerocoin protocol it employs.
Unlike most other blockchain projects, veil didn't host an ICO or an IEO, the project is fully self funded without raising a dime from the public, this gives further credence to the project as not so many projects in the space have come to being without hosting one form of public fund raising or the other.
Zerocoin protocol
Zerocoin protocol is one adopted by veil to help keep transactions carried out on it anonymous, something that hasn't been fully achieved ever since the invention of the blockchain.
It makes outsiders to miss out on every detail of the transaction being carried out. This will make the use of debits cards to fund accounts safe and secure as no one else will have access to the details.
The dandelion protocol
The dandelion protocol utilised by blockchain makes it possible for users to carry out transaction without giving away their IP details, this offers a great sense of security to users there will be no room for anyone to get their transactions traced or tracked.
Conclusion
Veil goes a long way to make the use of blockchain a whole lot better and enviable, by providing a top-notch technology that helps to give maximum security to all users transactions on the platform.
useful links:
Website: https://veil-project.com
BitcoinTalk Ann Thread: https://bitcointalk.org/index.php?topic=5065331
GitHub: https://github.com/Veil-Project
Discord: https://discord.veil-project.com or https://discord.gg//Ywyb9hs
Telegram Group: https://t.me/VEILProject
Reddit: https://www.reddit.com/r/Veil
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil
Btt username: punamidin
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2433162;sa=summary
Veil Address:
bv1qhu766uatp9a87h5w4xfnxv8z5p83f5f9yy3zsl