VEIL - market leading privacy-focused cryptocurrency

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A privacy-focused cryptocurrency VEIL ensures your absolute privacy and security regardless of your technical knowledge.

Privacy has become a major concern over the past few years due to an increased number of identity theft, government surveillance, passwords, assets hacking, and stealing bank funds, etc. It becomes even more important when it comes to cryptocurrency, because of strict jurisdictional laws. If you are a blockchain investor, you should be aware of funds tracking and hacking. You can use a VPN service to avoid most of those tracking systems but what about your financial transactions? What about you cryptocurrency transactions and holdings? You are in the radar of many shady people who can endanger your private data and funds. Therefore, you need to take control of your crypto funds to ensure it's safe. In this case, you need crypto with an anonymous protocol. If you Google for it, you'll get dozens of privacy-crypto but only a few of them are good and can really provide what you need. VEIL is one such great privacy-focused cryptocurrency that can protect you against hackers and government surveillance. Let me introduce its features in brief, then you decide if it fits for you.

What is VEIL?

VEIL is a cryptocurrency based on the Zerocoin protocol with a hybrid consensus algorithm PoW + PoS. VEIL is a privacy focused-cryptocurrency project founded by a group of blockchain experts. A team with more than 25 hard working individual who is well skilled in their own fields. Some of them are experienced blockchain developers, some are proficient in online privacy & security, some are skillful in marketing and community management, and so on. All of them working together to create a cryptocurrency with the most advanced privacy technologies, to provide the highest level of privacy and security.

Privacy & Security

With the development of Zerocoin security protocol, VEIL improved for even greater privacy and security. Thanks to VEIL LAB, an organization created by the VEIL project specifically for developing new blockchain technologies and improving privacy supported cryptos and technology. Unlike other zerocoin supported crypto, VEIL by default uses a private transaction system. This is because often users make mistake and send visible transaction which is impossible to undone later. VEIL prioritize this type of mistake and cuts off it by setting default anonymous transaction security.
All the coins that are on the wallet will immediately be private and users can safely spend them without fear of accidentally sending a trackable transaction. This is why VEIL gets significant recognition among the privacy lovers.

Team Members

The success of any projects primarily depends on the team member and their expertize. In this case, our said project stands ahead. VEIL team has a group of professionals with the highest level of skill in individual categories, they all have extensive experience with the blockchain industry and cryptocurrency. Its founder has melted at the origins of the PIVX coin, which is also focused on privacy and has a large number of fans and active users. Again, remember about VEIL LAB, which is an active blockchain developers team that always finding new solutions that will keep Veil leading positions in the privacy-focused crypto market.

VEIL specification

VEIL replacing zerocoin as a core technology for cryptocurrencies in order to provide a fully privacy protected ecosystem where users can feel the safety. The genesis block of VEIL was created back in early January 2019. It's fully open source and codebase taken from Bitcoin Core version 0.17.1. It's a hybrid proof-of-work and proof-of-stake minable coin where the block reward has been set to stop in approximately 2037. At the time the maximum coin supply can be 300 Million VEIL.

specification

Ticker: VEIL
Algorithm: X16RT
Block time: 60 seconds
Retargeting: every block
Zerocoin: YES
Transaction fees: Variable
Multi-transaction: Yes
Privacy technology: RingCT+stealth addresses

What to expect from the VEIL in near future?

VEIL is one of the most recognized privacy coins in recent months and has taken a leading place to dominate the market, all these happened because VEIL team kept their promises and never stopped development. They proved that they are providing the most private and secured currency solution. Here is a short list of what we can expect in this project (remember this is not an official list, this is a sole opinion of the author based on official resources and social news)

Transaction Reduction Feature
Paper wallets
Integration with Ledger and Trezor wallets
dApp implementation
Regular and transparent security audit

These are just one of the few technological solutions that will be implemented in the coming months, once done the project will get more exposure and value in demands.

VEIL launched without ICO

To bring back and hold trust in blockchain technology, VEIL has started the project without an ICO. Because most people can't trust ICOs these days by remembering the 2017-18 ICO scams. VEIL wants to keep everything transparent and fair. So, nobody gets an early investment advantage or nobody gets a chance to manipulate the market by holding huge coins from the pre-sale. No discount, no bonus, VEIL is equal to everyone. This should improve the user's confidence.

Final words:

I believe VEIL has the ability to ensure all the security needs to protect users privacy, and it is one of the most advanced privacy-coin that can really take a lead in the market. I also believe, VEIL ensures your absolute privacy and security regardless of your technical knowledge.