Shortly after Veil campaign was birthed, everything about it started looking good due to its popularity among crypto enthusiast online and coupled with advertising of its project too. Nevertheless, Veil major objective is to be regarded & loved among its users. But to be frank, when it comes to a great project that’s well regarded by users; Veil stands out. You know such feeling when you’ve got a project that will be of immense benefit to its user. This was the reasons Veil project was birthed at first. It consists of experienced and dedicated team members, lively products/ services and platform different from many other digital currency projects that’s now everywhere.
Some of the Reasons Why VEIL Project is Great
•UNIQUE: Is it anonymous possible for you to have a platform that allow every user choose from their wallet security level? None I guess! There isn’t such project like that just yet, if we’ve ever heard of a platform like that which uses both POW and POS in dual purpose profits achievement via mining & staking, it’ll be Veil. One of such attractive part of Veil’s project is that it makes use of Zerocoin & Basecoin to back up its users support system making it more obvious unto how Veil will differentiate itself from among other Zerocoin project that has various unreliable backup.
• SMOOTH SYSTEM OF OPERATION: With transaction information, we could say VEIL is gifted with one of best and good payment confirmations system that have made it positioned itself as one of sought after project globally.
• TECHNICAL BASED: VEIL platform is extremely conventional one and yet highly advanced that is cool for users of block chain, though for a non-ICO user it’d be easily understood due to its technical user enabled features. Veil project is of new evolution due to fact that it got some impressive feature greater than ETH or BTC.
• LIQUIDITY: Platforms with future prospective are class of their own, that’s good but if lack of liquidity came up, how will such ecosystem advance? One of the reasons why liquidity is important for a project. Veil has now got enlisted to be part of platform that is liquidity based reasons why its exchange is kind of easy now.
•LEGALITY: Looking carefully at VEIL’S project website, we‘ll see that there is MIT licensed, and they secured it to run it legally. In addition to that, it got team visibility that makes all activity to look legal from the outside.
•TRANSPARENT: Due to its Github user’s activities that allowed broadcasting service to be viewed and as well be seen by others without been bias. When there is an update for the projects all users are carried along without anyone left behind
HYBRID CONSENSUS OF POS/POW
In Proof of Stake the network needs to know how many coins you have to work out what your odds are of producing the next block. In Veil the idea is that nobody knows your account balance or transactions unless you chose to tell them.
Using Proof of Work extent to deliver a high potential mining status veil adoption is looking on a high level if stance when it comes to mining. Veil using X16R hashing algorithm for baseline of veil’s mining. This tech which was introduced by ravencoin was merely used by many to address risk. Veil improved it to X16RT which upgrade all benefits of X16R. Exchanges and mining pool will like it since they dont need to alter on the software that calculates block hashes in the network.
Reference:
https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/
Veil mining software and pools
Mainnet — https://explorer.veil-project.com/
Testnet — https://testnet.veil-project.com/
THE TEAM
The Roadmap
FINAL WORDS
It should be noted that bitcoin came just yet as a normal project, this makes it becomes loved among several users globally via its access potential for purpose of financial improvement. At present, our world is rapidly developing and quite lot of technical projects is springing on making several projects to be on top of their competitors. Veil being one of such technical project that have been on for sometimes now will bring value to its user globally
For More Information please visit:
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
Writer's bitcointalk username: Leema
Writer's bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1863050;sa=summary
Basecoin address: bv1q2h60xklca3qse6t0u06yt7g0pkur0tlqfyemt0