THE CONCEPTION OF VEIL PROJECT:

[tbossmitche]

From what I've been able to gather about Veil, the project has everything in place to be a huge success which is best depicted by the marked increase in market capitalization over the past month. The incorporation of a PoW/PoS consensus mechanism also offers further advantages.

[chudidonas]

From what I've been able to gather about Veil, the project has everything in place to be a huge success which is best depicted by the marked increase in market capitalization over the past month. The incorporation of a PoW/PoS consensus mechanism also offers further advantages.

I understand that Veil adopted the hybrid concensus algorithm to ensure that its platform is highly reward driven. It is an improvement on what is obtainable in the old coins like Monero

[Chomsy]

So we are talking about Veil here, as such I would like to tip in a bit I know about the project. Veil is built on Bitcoin core. It also relies primarily on Zerocoin Protocol to anonymize transactions, and uses the X16RT mining algorithm which is based on Ravencoin's X16R algorithm. The privacy features therefore is wowww...

[Jeffbrad]

From what I've been able to gather about Veil, the project has everything in place to be a huge success which is best depicted by the marked increase in market capitalization over the past month. The incorporation of a PoW/PoS consensus mechanism also offers further advantages.

I understand that Veil adopted the hybrid concensus algorithm to ensure that its platform is highly reward driven. It is an improvement on what is obtainable in the old coins like Monero

It's not about highly reward driven because the emission will be erased after veil already reached its total supply. The fact that the hybrid system to ensure there will be no possibility to the veil blockchain being attacked by 51% attack from POW/POS.
That's to keep the veil blockchain will be decentralized.
I thought that you may wrong to understand what's the purpose of hybrid system.

[Jentemi]

My own understanding of veil is that Veil provides anonymity over both Zerocoin transactions and Basecoin transactions. Blockchain projects are just getting started and their long-term value won't be obvious just yet. While Veil can provide a key solution to anyone seeking a completely private transaction, a new blockchain-enabled ad management system could provide a key solution to marketers that want to refine their data samples.

[shinratensei]

My own understanding of veil is that Veil provides anonymity over both Zerocoin transactions and Basecoin transactions. Blockchain projects are just getting started and their long-term value won't be obvious just yet. While Veil can provide a key solution to anyone seeking a completely private transaction, a new blockchain-enabled ad management system could provide a key solution to marketers that want to refine their data samples.

that will need more time because veil is a few months old but it has created a lot of progress. Even those major coins have to create no solution for us. Basically, use base and zero protocol at the same time. Remember how long take for bubble dot come to be considered as the revolutionary thing right now? veil just start its journey but it has created so many features for us.

[tbossmitche]

My own understanding of veil is that Veil provides anonymity over both Zerocoin transactions and Basecoin transactions. Blockchain projects are just getting started and their long-term value won't be obvious just yet. While Veil can provide a key solution to anyone seeking a completely private transaction, a new blockchain-enabled ad management system could provide a key solution to marketers that want to refine their data samples.

It definitely seems so, and nothing says it better than the motto "Privacy without Compromise". Simply means you cannot make transactions which aren't completely anonymous under any condition. For the long term value, no one can really predict, however we just need look at some of the token prices of some of the most popular privacy coins to get a possible hint.

[oly4life]

Veil project is nothing but a platform that take privacy into a priority in decentralized ecosystem, It is a security targeted blockchain platform with a basic mission to supply the foremost anonymity and straightforwardness to use digital currency by using dandellion, bulletproof and RING-CT to achieve this aim.

[Olamidey]

Veil token is one of the best privacy projects out there with multiple possibilities. It can be staked, mined or traded and accumulated from exchanges. It's currently given dash and monero a run among privacy tokens. It's a good and positive buy.

[Dannev]

The cryptocurrencies we know have always been an unstable currency, volatile and subjected to different changes in the Ledger tech. But VEIL is now introducing and making us know the good which privacy innovation can be to the system when they are given the chance to revive it or impact the agent of privacy which is Veil.