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Veil is the most private-coin and it has implemented solutions that you can discover the problem in anyother blockchain like monero and zcash. zcash snark is not so anonymous as you said. zkstarks is on the way but veil is a little step ahead of both monero and zcash. that should be the best coin consider veil used the latest privacy tech combined with a ring CT to create the best privacy ecosystem.It is hard to name the best coin in terms of privacy - but I can highlight Monero, Zcash, Dash and Veil. In my opinion, Zcash is the most private coin
Maybe you are right. I'm not interested in the Veil project, I just heard that this coin is quite private.Veil is the most private-coin and it has implemented solutions that you can discover the problem in anyother blockchain like monero and zcash. zcash snark is not so anonymous as you said. zkstarks is on the way but veil is a little step ahead of both monero and zcash. that should be the best coin consider veil used the latest privacy tech combined with a ring CT to create the best privacy ecosystem.It is hard to name the best coin in terms of privacy - but I can highlight Monero, Zcash, Dash and Veil. In my opinion, Zcash is the most private coin
What about choosing both of coins? When you are looking for a major privacy coin and monero should become your best choice but if you are looking for a privacy coin that has a lot of potentials to be the same as monero and veil can become the best choice. I have written about what is veil and you must do your own research and i think that will make you interested with it. I prefer a potential one rather than the major which has already traded in a lot of money.Veil or Monero?
Thanks for your response. I'll research.What about choosing both of coins? When you are looking for a major privacy coin and monero should become your best choice but if you are looking for a privacy coin that has a lot of potentials to be the same as monero and veil can become the best choice. I have written about what is veil and you must do your own research and i think that will make you interested with it. I prefer a potential one rather than the major which has already traded in a lot of money.Veil or Monero?
Did you forget the fact that if the new technology will reborn after the old already outdated? veil comes with various solutions to the old problems that already discovered in the old privacy coin. Always on privacy that already implemented by veil just a good feature among a lot of features that already created by veil.I am of the opinion that your question might be pretty flawed. My thought stems from the fact that each and every privacy coin has a unique feature that often sets it apart from the rest. This directly means that almost all privacy coins will still be put to good use within the cryptosphere. However, I look forward to seeing how well VEIL might do considering the fact that if offers "always on privacy".
That is not always the case, bro. Take for instance, there are many of us who enjoy using privacy coins due to it's obvious advantages. But some might still keep picking Monero due to the fact that it offers an opportunity to retrieve transactions logs and complete details in case one needs to prove a payment that was made in the past. With Veil, this is unavailable due to it's stance on privacy without compromise.Did you forget the fact that if the new technology will reborn after the old already outdated? veil comes with various solutions to the old problems that already discovered in the old privacy coin. Always on privacy that already implemented by veil just a good feature among a lot of features that already created by veil.I am of the opinion that your question might be pretty flawed. My thought stems from the fact that each and every privacy coin has a unique feature that often sets it apart from the rest. This directly means that almost all privacy coins will still be put to good use within the cryptosphere. However, I look forward to seeing how well VEIL might do considering the fact that if offers "always on privacy".
But we must use the new that gives us a lot of benefits rather than use the outdated crypto.
I know that but that's really important too when we need to send anything that privately. That means veil was working on the different field than monero but in some case that fully privacy will not work but that totally depends on the what was needed by the sender itself. Veil is a good platform too besides monero.That is not always the case, bro. Take for instance, there are many of us who enjoy using privacy coins due to it's obvious advantages. But some might still keep picking Monero due to the fact that it offers an opportunity to retrieve transactions logs and complete details in case one needs to prove a payment that was made in the past. With Veil, this is unavailable due to it's stance on privacy without compromise.Did you forget the fact that if the new technology will reborn after the old already outdated? veil comes with various solutions to the old problems that already discovered in the old privacy coin. Always on privacy that already implemented by veil just a good feature among a lot of features that already created by veil.I am of the opinion that your question might be pretty flawed. My thought stems from the fact that each and every privacy coin has a unique feature that often sets it apart from the rest. This directly means that almost all privacy coins will still be put to good use within the cryptosphere. However, I look forward to seeing how well VEIL might do considering the fact that if offers "always on privacy".
But we must use the new that gives us a lot of benefits rather than use the outdated crypto.
Personally, if I am going to use a privacy coin I wouldn't have it any other way than embracing the feature completely.
Not sure if anyone of them has unique quality but the new one will always try to solve the problem is not yet solved from the old one dude. POW is an outdated consensus because it created a centralization of the reward to be distributed only to the users and the fact that the buyers get nothing from there. Veil was trying to solve it through implement hybrid consensus.Each privacy coin has a unique quality. but the common goal is to tackle the issue of privacy in blockchain. Monero uses the Proof-of-Work protocol and ring signatures, which are making it impossible to detect the source and endpoints of a transaction while Veil focuses on building and innovating on proven technology, integrating and improving best-in-class, time-tested technologies like Zerocoin, RingCT (from Monero and Particl), Bulletproofs and Dandelion, coded from scratch upon the latest Bitcoin core version to create a privacy coin that delivers the highest level of anonymity, and without compromise
We have to agree to disagree on this one.I know that but that's really important too when we need to send anything that privately. That means veil was working on the different field than monero but in some case that fully privacy will not work but that totally depends on the what was needed by the sender itself. Veil is a good platform too besides monero.That is not always the case, bro. Take for instance, there are many of us who enjoy using privacy coins due to it's obvious advantages. But some might still keep picking Monero due to the fact that it offers an opportunity to retrieve transactions logs and complete details in case one needs to prove a payment that was made in the past. With Veil, this is unavailable due to it's stance on privacy without compromise.
Did you forget the fact that if the new technology will reborn after the old already outdated? veil comes with various solutions to the old problems that already discovered in the old privacy coin. Always on privacy that already implemented by veil just a good feature among a lot of features that already created by veil.
But we must use the new that gives us a lot of benefits rather than use the outdated crypto.
Personally, if I am going to use a privacy coin I wouldn't have it any other way than embracing the feature completely.
We can't retrieve the tx log but it can't be traced too. I have seen some hackers that used monero as an alternative. Basically, they are the same but some may give more offers to the users.
GRIN is in my oppinion among the three top players that represent a new generation of privacy coins, these potential giants are GRIN, VEIL and BEAM.I heard people discussing about "GRIN" coin, anyone can make comment on that?
Thanks for the detail explanation! lol, just wondering how come privacy coin all of sudden become such popular topic? I think last year was all about Proof of Stake.GRIN is in my oppinion among the three top players that represent a new generation of privacy coins, these potential giants are GRIN, VEIL and BEAM.I heard people discussing about "GRIN" coin, anyone can make comment on that?
GRIN and BEAM use mimblewimble protocol, and are not based on BTC coding. They are also highly scalable and private. They differ mainly on the mining and economic distribution. These hold a lot of potential, but they are also experimenting with a completely new protocol and as such, surprises might arise...
VEIL is combining proven privacy techs into one bullet proof product. They have a huge proven team behind them. This is a project that also holds a huge potential as they are already delivering and they solve issues found on Monero, Zcash, etc
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