VEIL: A STANDARD INNOVATION FOR ANONYMITY IN OPERATIONS.

 INTRODUCTION

Cryptocurencies have been a wonderful innovation altogether with the way so many things have been achieved through them and how efficienct in the way they have made many sectors submit to the digitization. Now that privacy is seen as a very powerful feature or state that could grant so much freedom to do so much, it will be easier to bring about or to make a platform that is inclined to providing privacy into the system so as to improve the activities of people by providing them with the privacy coin which is VEIL so their way of operating or the way they transact can change and be more effective.

 ABOUT VEIL

It is important for cryptousers to attain this stage in their use of tbe block chain where their transactions or the way they operate would become untraceable such that they can maintain their standardness or the top position they might attain and never have any factor to pull them down whatsoever. This one should go beyond the KYC subject and all other responsibilities in the platform. This is all about privacy which is provided by VeIl.

The privacy status that has been in use overtime is not enough to keep the trends of privacy. It has been obstructed, talking about the RingCT tech but now there is veil that hopes to join that with another privacy inclined network which is zerocoin so the two can work in sync and provide better solution of privacy. This is what forms the Veil that is in question. Veil brings this technology and will be using it to challenge the difficulties in the existing system. It will engage the users and provide the privacy that is needed to do so well in trading and other forms of activities they engage in. This veil tech is the product of the coming together of other privacy innovations. The platform is what drives the forward direction of the system. It introduces full scale privacy through its VEIL token as the privacy token to be used and therefore appears as an hybrid platform with a very great algorithm.

 THE OPERATIONS OF VEIL AND FEATURES 

The platform functions with the proof of stake and the proof of work Interestingly and it drives towards achieving astounding Security and transparency such that activities like mining can be supported. Veil will support staking and mining which will bring rewards to the participants. Then the platform will have a Resistant X16 RT as an algorithm to be used to secure the platform.

To achieve its privacy, it uses zerocoin and RingCT that already exists. It establishes coins for them and have them as their privacy policy. With that, more advantages are seen to emanate from the Innovation and optimum privacy and security are enjoyed with the use of the assets. This platform has great functionalities and is able to address all the challenges through the ability it has to overcome them all through its technology. It is therefore the best when it comes to privacy and has its goals laid down already.

There is a twin of the platform, that also appears to be the same with similar intentions, i.e the (zk-SNARKS) Innovation. It has the ability to conveal the profile of whosoever is handling any process in its platform. It is a platform that works to secure the platform through privacy too and is therefore very important. It has therefore being able to handle Security threats to some extent but Veil still has it all in this aspect. veil has the totality of all the features that provides Security and how to come by the privacy. The Dandelion protocol too help this Veil platform with the transactions in the platform and erases all the traces of the transactions such that they cannot be found in the network. Veil is an advantage to be leveraged on with its protocols that already proved to be very useful.

 IMPORTANCE OF VEIL

It holds the future for users of the blockchain and reduces the attacks on them such that they are no more vulnerable to such attacks. It eliminate the risks of being attacked literally provide shields for Investors in it.

The features are made to be sufficient for the goals to be achieved by veil and it uses the tevhny to guide users to ensure they all get to scale through and be secured when they use the privacy coin. It is also very careful about the future of the users and helps them to use cryptocurencies well.

  VEIL ROADMAP

  CONCLUSION

This platform has been expounded already at best and I am very sure many users are convinced about the importance of Veil and how its protocols are available to serve their interests. All the processes including the mining process will work to achieve the same goal which is safety of transactions and funds of users.

 RECENT EXCHANGE LISTINGS:

Listed on Bisq.Network
Listed on Graviex.net
 Listed on Chainrift.com
 Listed on Zolex.org
 Listed on Stex.com
Listed on Reflextrader.com
Listed on Bitmesh.com

For more Information on 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: Nwagodno
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2576793
Veil Address: bv1q4pe59j47ucnjef738c5qga27th5ga78u9fsgmk