Imagine how it will look like when you secure your digital currencies with platforms that are not secure enough to monitor it. It's equivalent to giving it out to someone you don't know.
There are so many crypto platforms that were not secure and by virtue of this, assets worth thousands of dollars were stolen by some set of smart hackers who leveraged on their weakness.
The lack of adequate security by those platform has caused there investors total loss of capitals, time and even reputation.
For the sake of preventing this lack of security on the problems of crypto platforms and other problems that affecting crypto trading, the VEIL was created.
WHAT IS VEIL
The Veil platform was conceived by James Burden in 2018 with the identification of need for the provision of full-time privacy for crypto without compromising the power of anonymity.
The veil is with the aim of the integration of an uncomparable anonymity technology which will become the first digital asset to provide always-on and uncompromising privacy.
THE TECHNOLOGIES BEHIND THE SUCCESS OF VEIL PROJECT
So many protocols and technology are put in place to build this platform of great anonymity; some of them are;
Bitcoin Version 0.17.1
For more than a decade, the Bitcoin major software has been confirmed to be the best secure blockchain software that has ever existed. So to ensure that the veil security is second to none, the platform adopted the security software that is second to none.
The Protocol Of Zerocoin
This protocol is a cryptographic approach which permits the confirmation of computation in the absence of its input and output knowledge.
This computation will become the value transaction, in which the user that send and the one who received the crypto transacted will be kept anonymous. This protocol is said to leverage on a zero-knowledge confirmation.
To provide a "steadily on" privacy, RingCT was added. With this technology, any transaction in the veil network can never be traced.
SOME USEFUL FEATURES OF THE VEIL PROJECT
The Veil Wallet
This platform has developed a wallet where your crypto can be kept. The wallet has also been developed as an application for your smartphone and software for your personal computers.
In addition, this platform will make provision for the generators of a paper wallet. This paper wallet will be used by both testnet and mainnet. The generators will function both online and offline, as a project of privacy- centric. This wallet paper will be recommended to be used locally.
This a feature that permits you to mine the project's coin. To ensure that there is wide distribution this coin, a hybrid consensus was launched.
Conclusively, veil platform is unarguably the best platform when it comes to the privacy of your crypto. If you want to run any transaction anonymously, no other platform does it better than veil project. Why not invest today and enjoy a life free from lousiness and go private.
To know more about VEIL project check the links below
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/
Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=1996602
Bitcointalk Username => Bellokudi
Author => Lekato
VEIL WALLET => bv1qnytuq42gqdsxyg3f40cpr7m2gw7pcj8eqnx7fk