WHAT ARE PRIVACY COIN AND WHAT IS THEIR ROLE IN CRYPTO SPACE

[Joscord]

Have you ever wondered why some people dont likr making online transaction? It because they cant be guaranteed of their privacy and all transaction can be linked back to them. Its this issue that lead to the development of a special type of cryptocurrency known as the privacy coin.
Privacy coins are coins that are designed to remove and eliminate connections and links between users each of their transaction history. This type of crypto coin is designed for the absolute privacy of people that dont want to have a public record of their every day activity and transaction on the network.
They are so many coin that claims to be anonymous but still yet does not maintain the privacy of its users, most of their transaction are being recorded on a public ledger which is not private anymore because it has been exposed, this makes it possible to trace every detail such as the amount and location of a transaction back to its adress.
Privacy coin has features integrated into their chain to make it difficult for third parties to trace transaction being carried out on their blockchain. Feature like; ring signatures, stealth wallet adress and masternode technology.
One may ask where can i see this type of privacy coin that can perform all this task? Look no further as i unveil an awesome privacy coin known as veil.

Visit the telegram group to learn more about this project : @VEILProject