VEIL - FREEDOM FOR ALL INVESTORS

in #blockchian5 years ago

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PREAMBLE
Since everyone is suddenly developing interest in crypto, it is necessary to set the structure of the sector inorder for them not to regret the decisions they have made in being a part of it. There are many ways people can regret using cryptocurencies and the major one is when Security is lacking such that they are scammed or when their funds become stolen. This has happened to some however but to prevent future occurrences it is important to do something fast about it so that no more users of crypto is affected. Then the Veil's team thought of security/privacy as the way out seeing that these features are seriously lacking in the entire system. This is what can severe the users from all of the disadvantages that can discourage them. Now Veil is the answer.

ABOUT VEIL AND ITS FUNCTIONS
IMG_20190509_002846.jpg
This platform us birthed due to the need for freedom in the community. It takes anonymity of users to the highest level and offers them tangible security features as it does that. Veil is a blockchain project with the best conducive environment for investors to run ant of their cogent activities without having regrets. Here, users become so difficult tl track and all those users that are malicious are shut out from the ecosystem. The best technology holds the system and users identities are recognized for security sake because they must have undergone some KYC process that assures that they are legitimate members of the platform and not impostors. Thanks to veils anonymity advantage which is highly embraced by the system.
The long existing Bitcoin privacy issue is going to be solved with this network. Veil's solutions is double-sided and not just focused on a direction like the Monero innovation and some other privacy coin that couldn't solve the existing problems. Not that these existing projects lacked the use of RingCT, they have it but they weren't able to optimize their use of it and as such couldn't solve the problems. Monero coin has only succeeded in using the Zcoin but has no relevance in privacy as far as the users are concerned.

THE SOLUTION
The essence of Veil has already been revealed through the shortcomings of Monero and now more opportunities are opened for investors that cherishes privacy than any other thing even more than rewards in the platform. Meanwhile, it is a nice thing to regard privacy (freedom) over other features or advantages because of how far one can go with it.
This Innovation combines the effectiveness of Dandely, Bulletproof m, RingCT, Zerocoin and the Bitcoin version 0.17.1 in it to function perfectly. This has never been done before by any project but now here is it, doing so well with all of these tools.
When it comes to using or dealing with any privacy coin, it becomes mandatory to convert from Basecoin to zerocoin or vice versa. It is therefore the purpose of RingCT to make this transactions successful through automatic processes in it.
Coming to the use of the Dandelion protocol, this is the core of protection or security deposit the ecosystem in that ut makes source nodes of users untraceable.
What bulletproof does in itself is to boost the privacy in the community and reduced the transaction sizes.
As for the Bitcoin version 0.17.1, what it does is to provide the best compactible softwares that lifts the performance of the projects and that of the users in it.
Lastly, zerocoin ensures the existence of the anonymity and makes it zero proof tech available and in operation to sustain the anonymousity of the sender and receiver in any transactions such that their identity remains unclear even after the completion of the operations.

CONCLUSION
This project will become the future of the blockchain because of all its imput. It already has the technology that cannot be shaken and has overcome the problems or the difficulties in the system. It therefore has a higher advantage with all its tools that also includes the veil lab. Lauching will get it started and make everyone get inclined with its innovation. It will never compromise its standard but will go ahead to reinforce the security of the DLT that is very important.

USEFUL 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/

AUTHORS DETAILS
Bitcointalk username- uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971
Veil wallet- bv1qqmkh70ta9acusqaujveswze3apdme63rfwel67

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