One would love to ask how does veil conducts anonymous transactions? Your answer is right here.
Veil posses great features such as the zerocoin features which enables veil platform to carry out anonymous payments. With zerocoin and RINGCT technology veil can provide its users privacy without any form of compromise. With this investors have freedom to invest as they so wish without any fear of their identity being tied to the transaction
I really do not understand all the intricate details of the RingCT technology in use by Veil. However, what I do know is that I want to enjoy absolute privacy when it comes to my financial transactions.
I was reading about the Binance hack a few hours ago and I couldn't help but consider the fact that it all happened due to the hackers being able to monitor the content of wallets on the exchange. One sure thing is that all our crypto related transactions cannot be made using privacy coins but we need to take advantage of the features on offered by these coins