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Deathproxy
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 32
Joined: Mon Apr 22, 2019 12:11 pm

FEATURES OBTAINABLE ON VEIL PLATFORM

Mon May 13, 2019 9:01 pm

Platforms that perform well do that on the baisis of time and resources spent in developing the platform. Below are some features that veil has built over the years and have kept them running and excelling.

POW/POS hybrid integration:
Veil idea is to enable fair distribution of veil token.  In doing this pre-mine and initial coin offering has to be eliminated.  This is easy using the Proof of stakes and proof of work hybrid approach


Ring Confidential Transactions (RingCTs):
This is a feature used on veil platform to ensure maximum anonymity, it is added to basecoin transaction to increase its anonymity so that no one can actually how many coin is consisted in a transaction ensuring maximum privacy

Dandelion protocol :
This feature makes it impossible to track a transaction or tie a particular transaction to any particular individual as it can not be traced back to its source node on the platform

Visit: https://veil-project.com

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