VEIL: A VAST INNOVATION FOR PRIVACY AND SECURITY.

in #blockchain5 years ago

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INTRODUCTION

As Interesting as the DLT is, so many shortcomings are portraying it as a dangerous tech which could end up being disastrous for users. This shortcomings have caused so many great platforms in the DLT to fail and exchange functions too are now crumbling. The decentralised community is now becoming unsafe for members such that they cannot trust the little provisions that cannot sustain them all through their programs. So it is time to use a more advanced network with a preferred solution such that privacy lost can be restored and the interest of the users also get rekindled. Only privacy coins can do this, because it is what users need the most. That is why I am introducing Veil to you my readers.

THE PROJECT VEIL

All of the other privacy coins have suffered rejection due to their inability to fix the problems of the members. Out of so many of the privacy coin, Veil stands out and has been seen to be sufficient to revive the industry. Security is also provided to keep all assets safe in this platform because there is no way users won't have need for this seeing the high rate of hacking and all other forms of attack lauched at the users. Features or tools for privacy are all available to improve the safety and anonymousity of the users. That is the Zerocoin and the RingCT protocol. These two functions so well without any negative consequences. Users will be able to avoid threats from hackers with these provisions and they will make the platform strong enough to to handle all of those types of activities on a daily basis. Veil assist with its tech.and with that all other components that are used becomes very significant and able to deliver so well. The community will achieve rapid growth with that.
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The VEIL coin is an anonymous coin to be used in the platform for any transaction. This makes it easy for the users to use all of the features in the platform. All the missions or objectives of members in the ecosystem will be achieved with coin while those features will serve as timely protocols that should be used at once. There would be full time privacy for all users to enjoy with this anonymous coin in the platform.

A dude consensus mechanism is used as it is best for mining andnfor such a global platform as this. Digital assets have grown to aj extent that they should be taken more seriously especially when it comes to choosing a feature for it like this consensus. This mechanism have never been adopted before and that makes it very new users that are just getting to know it. This algorithms are adopted to prevent the activities of hackers, loss of assets and other conditions that could be dangerous to the usersm. The software used also has a part to play in this, they also defend the system from external factors. The two algorithms are the proof of stake and the proof of work mechanism that are fast and dependable. They are both used in mining and makes transactions completed within a twinkle of the eye. They makes transactions very fast and are respected.

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IMPORTANCE OF VEIL'S INNOVATION

This platform makes users confident in using it for any purpose. It motivates them to trade, do all other things that are vital with cryptocoins. Also, using veil tech makes it difficult for others to track after transactions. It totally masks them and make them profit from the privacy Innovation. The biggest fears of the members are also taken care of while the privacy introduces is made to last for a lifetime. Interestingly, the veil coin has already been listed on the coinmarketcap, all the details about them will be easily found and also when users needed to purchase them for use in transactions they will be available on such sites or trading platforms.

CONCLUSION

This project will succeed in building the perfect privacy boost for users. The other features it has provided also will allow it achieves its objectives which is its priority. members will therefore appreciate the fact that their funds can now be kepts without fear of been swindled.

To know more about the Veil project, visit any of the following links;
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: Dannev
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2317961
Veil Address: bv1qw6dhk0zw6qzr4a6h25wlnnsnysn2sx3le2p9uv

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