Tue May 21, 2019 12:14 am
Veil project has a unique digital wallet that is specially linked to ZEROCOIN, this wallet is connected to bitcoin improvement, in developing this wallet veil will only apply just one seed wallet that invariably lead to the creation of a ZEROCOIN wallet that also comes with a Basecoin wallet and so makes it much more easy for all it users to easily backup the seeds of their digital wallet, all this can only happen with veil, it’s dandelion feature makes the original IP address of a transaction to be difficult to determine and so cannot be traced. On a more technical note veil distributes its coins through a process called emission and this distribution process of veil coin is meant to last for a whole six years, for each year veil coin emission process will be divided into specific quantities for mining and distributions. As at now veil has only about 10,000,000 veil coin in circulation with total expected supply of 300 million and is expected to be fully mined after 20 years, although the current supply rate is bound to create an artificial scarcity that will increase its value and demand