Veil decentralized project providing high level of privacy and anonymity
Hello friends , I have come with another beautiful project today named VEIL.
Privacy coin is defined as a cryptocurrency that hides data about its users. At a minimum, privacy coins hide identities. They also often hide the amount of cryptocurency traded and held in wallets.
In the world where privacy concerns are greater than ever, there is a new hope — privacy-focused cryptocurrencies. Privacy coins are anonymous, encrypted and decentralized digital money. and that is one of the advantages of privacy coins
Nobody knows where people spend their cash. You can spend it on a nice shirt or buy a lamp at a garage sale — there are no records of it, unlike the transactions made with a credit card.
The mighty privacy coins will act as a barrier against the entirely controlled digital money.
As l previously mentioned, Glenn Greenwald’s TEDtalk is something you should definitely look at. In the video, Greenwald says that privacy is not only about “being a criminal or not” but about keeping our private lives safe. We don’t want cold bureaucrats anonymously monitoring our lives 24/7. There are opinions we like to keep to ourselves and other things we would be embarrassed if other people got to know them.
And centralized entities are proving again and again that it is hard to keep the data safe. Security breaches happen every day, to every major company or organization in the world.
Since all early digital ledgers were very easy to track and hack for those that know where to look, Veil team took a step further and privacy coins came to be.
The true anonymity of money is coming back.
They obscure transactions at every step of the process of exchanging money between two entities. That involves all the information. Where it comes from, who has it, how much, where did it go and when?
Thanks to the privacy coins, privacy protection is advancing every day. From zero knowledge proofs to ring signatures and stealth addresses, privacy coins developers are expanding the human knowledge and helping us improve in this field further and further.
Introduction to veil
It is a decentralized project that create a secure anonymous coin and providing full time privacy compare to some others today visible privacy coins that more than 99% of their transactions are public . This feature made possible with the combination of world most secured blockchain software (bitcoin version 0.17.1) couple with an advanced cryptography-based protocol , Zerocoin
Practically, zero-knowledge is important because it gives you privacy in situations where you’d otherwise have to reveal confidential information. Example include:
Logging into a website: rather than typing your password into a potentially unsafe website, you can simply send a proof that you “know your password”.
Reasons to invest in Veil project
privacy coins use features like masternode technology, ring signatures, and stealth wallet addresses to make it very difficult for third parties to trace transactions across their blockchain.
It consider the experience of users by supporting a number of experiential benefits, beginning with multi-transaction Zerocoin spends.
Coin specifications
Market cap $3.83m
Total supply : 13,612,663
Zerocoin supply: 10,244,590
Conclusion
Well, thank you guys for the support and interest you have for Veil We truly appreciate it and we are grateful about it. Veil is a project offering privacy coin , it is a project with no ICO and limited supply, it is already trading on the following exchanges
https://vinex.network/
https://txbit.io/Trade/VEIL/BTC
https://github.com/bisq-network/bisq/releases
https://graviex.net/
https://www.chainrift.com/trading?coinpair=VEIL/BTC&
https://zolex.org/
https://www.stex.com/
https://bitmesh.com/
https://www.reflextrader.com/
https://www.citex.co.kr/
Contact us
https://veil-project.com/
https://discord.veil-project.com/
https://twitter.com/projectveil
https://t.me/VEILProject
Author btt username : supremacy1
Veil address : bv1q268k4c3ew0kndps2qsnrpw3d2svnfxw87vym0w
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