Privacy is something we've lost along the way

[dentolas_]

A few years ago you could just close your window drapes or hide a few bills under your matress... and you got your privacy...
These days our lives are hybrid, always in conection with a digital world and privacy is no longer a door we can close... should we give it up, or claim our right back? Well, at least we should have the right to choose!
There is a whole new generation of privacy coins that is overcoming some of the major flaws of the older competitors and offering a solid and flexible private asset.


Veil project is one of my favourites, combining Zerocoin and RingCT technologies, delivering "uncompromising, always-on privacy".
They use a combined Proof-of-Work and Proof-of-Stake, in order to combine security and distribution. And Veil is the first coin that allows its holders to stake anonymously, generating passive income. On top of this, you can choose the level of privacy you want on your wallet/transactions...


What are your favourite privacy coins?

[spatialiste]

I have been following the Zerocoin project for a while now and I have a few, I really like this coin, but I didn't know the Veil project, I've started checking this morning (European time zone ) and it looks pretty interesting, being myself a minor I like the POW/POS balance.

I am also interested in Pirate (ARRR), and if you know it, I would like to know your opinion about this coin

[dentolas_]

I have been following the Zerocoin project for a while now and I have a few, I really like this coin, but I didn't know the Veil project, I've started checking this morning (European time zone ) and it looks pretty interesting, being myself a minor I like the POW/POS balance.

I am also interested in Pirate (ARRR), and if you know it, I would like to know your opinion about this coin

well, didn't know about pirate... would need to check it more carefully... but at first glance I could find no info on a corporate structure or team, also, do they have a pre mine? (had a light quick read on the whitepaper and couldn't find info about it)
They seem to see an advantage in shielding 100% of the transactions, but this will definitely pose a problem concerning compliance with rules... for example, a user will have no choice if it want's do disclosure info for tax purposes ... for me this is a major barrier for global adoption...
They also seem to leave the future development in the hands of the community... beautiful, but dangerous (no actual roadmap)

If you see Veil, they have a more than proven team, a structure, Veil Labs, no premine, etc... And have you checked the roadmap?
Concerning the privacy tech, I'm not an expert, but Veil is incorporating both Zerocoin and RingCT technologies, achieving a bullet proof cycle, as what one lacks, the other has... Zerocoin has shown limited effectiveness in the past...

It still remains one of my favourites
but thanks for pirate... didn't know about it

[Chomsy]

I not only agree with you, I also know that Veil has the aim of making great features of security available for the investors in it to be covered and always have anonymity in all their dealings. This is an advanced network that brings security advantage to users such that no matter how much crypto coin is held by a particular investor, it wouldn't pose a threat to them because they will always be covered as long as Veil stands.

[tbossmitche]

I think privacy coins making headway into the cryptosphere is a necessity. This is due in large part to the fact that we have really been ignorant of the fact that our dealings on blockchain are not actually private. It really sounds funny recollecting how much I believed in the fallacious statements about privacy. How could I even have considered my transactions private when anyone can see the contents of my wallet simply by knowing my public address.

The "privacy without compromise" motto of the Veil project is a statement that really did pull my attention and I can only look forward to what this project might achieve in the long run.

[spatialiste]

I have been following the Zerocoin project for a while now and I have a few, I really like this coin, but I didn't know the Veil project, I've started checking this morning (European time zone ) and it looks pretty interesting, being myself a minor I like the POW/POS balance.

I am also interested in Pirate (ARRR), and if you know it, I would like to know your opinion about this coin

well, didn't know about pirate... would need to check it more carefully... but at first glance I could find no info on a corporate structure or team, also, do they have a pre mine? (had a light quick read on the whitepaper and couldn't find info about it)
They seem to see an advantage in shielding 100% of the transactions, but this will definitely pose a problem concerning compliance with rules... for example, a user will have no choice if it want's do disclosure info for tax purposes ... for me this is a major barrier for global adoption...
They also seem to leave the future development in the hands of the community... beautiful, but dangerous (no actual roadmap)

If you see Veil, they have a more than proven team, a structure, Veil Labs, no premine, etc... And have you checked the roadmap?
Concerning the privacy tech, I'm not an expert, but Veil is incorporating both Zerocoin and RingCT technologies, achieving a bullet proof cycle, as what one lacks, the other has... Zerocoin has shown limited effectiveness in the past...

It still remains one of my favourites
but thanks for pirate... didn't know about it

Thanks a lot for your explanations Dentolas, it's clearer in my mind now.
From my research, Pirates doesn't have a premine either, but as you said Veil look as a more structured project...
Thanks again

[oly4life]

Our privacy is of great importance to us while dealing with the digital world and it's a great relieve that Veil has come establish that
Veil installs privacy in the ecosystem and allows investor able to trade or use their funds without facing threat that could make them lose their funds. It deploys decentralised solutions for workout transparency in all the processes done in the system. All operations done here are safe and brought to perfection.

[karldark]

The use of the Dandelion protocol by Veil in my opinion is genius. User IP addresses could often be monitored and tracked but Veil ensures anonymity from the network layer down to the blockchain level where privacy and anonymity is once more ensured by the Zerocoin protocol and RingCT.

[Dannev]

Enough already said on privacy coins, all I know is that there is something to rekindle the fire of love many crypto enthusiasts have for virtual currencies. I looked at Pirate also, but Veil is a global solution that seeks to make the community of cryptocurrency a safe and sound system that promises greatness and not otherwise for those who find themselves attached to it. Its solutions now is to an end that users might enjoy confidentiality and Investors are enabled to invest fearlessly in the community.

[Jentemi]

More and more data about each of us is being generated faster and faster from more and more devices, and we can’t keep up. It’s a losing game both for individuals and for our legal system. I hope veil can change this with so much I have heard and read about veil without compromise.

[tbossmitche]

More and more data about each of us is being generated faster and faster from more and more devices, and we can’t keep up. It’s a losing game both for individuals and for our legal system. I hope veil can change this with so much I have heard and read about veil without compromise.

You hit the nail on the head with the privacy issues we currently face as humans. However, I still think that Veil is limited to the field of finance and I really want to enjoy privacy in that sphere and hope the team might make a decision to spread it's tentacles further into the future.

[Jeffbrad]

I have been following the Zerocoin project for a while now and I have a few, I really like this coin, but I didn't know the Veil project, I've started checking this morning (European time zone ) and it looks pretty interesting, being myself a minor I like the POW/POS balance.

I am also interested in Pirate (ARRR), and if you know it, I would like to know your opinion about this coin

well, didn't know about pirate... would need to check it more carefully... but at first glance I could find no info on a corporate structure or team, also, do they have a pre mine? (had a light quick read on the whitepaper and couldn't find info about it)
They seem to see an advantage in shielding 100% of the transactions, but this will definitely pose a problem concerning compliance with rules... for example, a user will have no choice if it want's do disclosure info for tax purposes ... for me this is a major barrier for global adoption...
They also seem to leave the future development in the hands of the community... beautiful, but dangerous (no actual roadmap)

If you see Veil, they have a more than proven team, a structure, Veil Labs, no premine, etc... And have you checked the roadmap?
Concerning the privacy tech, I'm not an expert, but Veil is incorporating both Zerocoin and RingCT technologies, achieving a bullet proof cycle, as what one lacks, the other has... Zerocoin has shown limited effectiveness in the past...

It still remains one of my favourites
but thanks for pirate... didn't know about it

Thanks a lot for your explanations Dentolas, it's clearer in my mind now.
From my research, Pirates doesn't have a premine either, but as you said Veil look as a more structured project...
Thanks again

It's more structured rather anyother privacy coin. all dentolas said was true. You can try to take a look at its whitepaper or even the distribution of the coin and that gives more to the users and holders created a fair system among them. You can't sure if that was not having any pre-mined coin and have you checked the codes? Some new platforms may say they are not having pre-mined coin and then how they can get money to a created advertisement or anyother marketing trick to gain the members or users? Most of them don't care about the token buyers or holders but veil care so much about that.

[Dannev]

The problems that is now prevalent is the fact that investors rarely have a good conducive network to Invest like they usually have before, the industry is now tending towards bringing just the disadvantages to them when they trade and not the good side. The new investors have been left to ride alone, to face these challenges and be opened to risks of security bridges which could not be amended when it has happened and sometimes they tend to loss their funds with no hope for restoration. This is where Veil is needed.

[karldark]

Personally, I'm impressed with the team's prompt response to the fixing of the vulnerability that affected all Zerocoin protocol dependent cryptocurrencies. One of the trademarks of a good project is its prompt response in the event of unforseen events. I look forward to seeing the project succeed.

[X-ray]

Veil project has seems giving some kind of a fresh air among this chaotic situation where people dont actually know that the blockchain they used usually record their transaction and publicly giving information to anyone even for malicious people, veil with their anonymous blockchain will surely be able to tackle this problem.