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Author Topic: VEIL : PRIVACY AT ITS BEST?  (Read 234 times)
Tccrypto (OP)
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April 29, 2019, 10:59:10 AM
 #1

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability

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May 03, 2019, 05:35:20 AM
 #2

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability
I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.
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May 03, 2019, 05:41:22 AM
 #3

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability
I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

if i'm not wrong veil is a privacy coins
here the announcements thread from veil https://bitcointalk.org/index.php?topic=5065331.0
coinmarketcap link with all the market to trade this coin
https://coinmarketcap.com/currencies/veil/#markets

zenhu
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May 03, 2019, 05:52:42 AM
 #4

I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.
You will see it much more than you think if you go into mining section lol, its like the most profitable coin right now. but I'm not really sure though, they have another thread at bounty section too and so many hypes about it cause the price increase quite good in recent months.

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Fluxtorrence9
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May 03, 2019, 06:16:14 AM
 #5

Of cos veil project is one of the best privacy coins of 2019 and it is a must have coin for investors who knows what they are doing, veil has better teams backing the project ,its better to get some now before its too late
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May 03, 2019, 07:14:05 AM
 #6

I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it,
Not twice, it has been posted couple of times, all of those were paid shill although this post seems to be real to me.
However, in privacy coin, only Monero will always lead. I have had my eyes on Veil and I didn't see much on it.
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May 03, 2019, 08:26:54 AM
 #7

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability
I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

if i'm not wrong veil is a privacy coins
here the announcements thread from veil https://bitcointalk.org/index.php?topic=5065331.0
coinmarketcap link with all the market to trade this coin
https://coinmarketcap.com/currencies/veil/#markets

It's good that it's already listed in different exchanges, but the volume needs to grow for investors notice this project.
They are running a bounty currently to spread awareness but if it will be listed in Binance, I think it will grow more.
It's a new project in the the market, but the timing is good because market is recovering now.

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May 03, 2019, 08:30:09 AM
 #8

There are so many better blockchain solutions that current top 100 cryptocurrencies. But the problem is that there are not enough users that will regularly use it. Without users project die soon. I have never heard about VEIL - so I do not think that it is really used by someone?

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May 03, 2019, 09:36:40 AM
 #9

Veil project is trying to bring in better innovation to the privacy-niche in cryptocurrencies, most issues with privacy coins is in its scalability - big transaction block sizes have been a problem in privacy coins, but Veil is trying to solve problem by introducing the bulletproof protocol, the bulletproof protocol aids in reducing transaction data sizes thereby aiding scalability
I believe that I have seen this topic like twice on this forum but I didn't really paid attention to it, what is this veil all about and what is it's unique feature that would make it better than many privacy coin that is already in existence or is it just another privacy coin like zcash, please you can share with us the link to the ANN thread of the project so we can check it out and also check the review of other members of the forum about the project.

if i'm not wrong veil is a privacy coins
here the announcements thread from veil https://bitcointalk.org/index.php?topic=5065331.0
coinmarketcap link with all the market to trade this coin
https://coinmarketcap.com/currencies/veil/#markets

It's good that it's already listed in different exchanges, but the volume needs to grow for investors notice this project.
They are running a bounty currently to spread awareness but if it will be listed in Binance, I think it will grow more.
It's a new project in the the market, but the timing is good because market is recovering now.

binance will be a good choice and all cryptocurrencies want to be there
but, its not easy my friend
maybe for the first step bibox or kucoin will be good before binance
veil is good privacy coins depends on their thread, but i don't think if this coin will be better than monero  Wink


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anatolij.shishkin
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May 03, 2019, 09:44:49 AM
 #10

Yes, I like this project. Excellent potontsial. A lot of technology for anonymity. I studied it in detail. I think soon the time will enter the top.

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May 03, 2019, 09:47:57 AM
 #11

So many questions have been asked yet no answer how is veil going to solve the scalability problems that is facing most of the privacy coins and how are there going to resolve the problem of big block size of transactions. I will like to read through the white paper and what problem is veil going to solve as regard real time use?
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May 04, 2019, 11:44:25 AM
 #12

They are running a bounty currently to spread awareness but if it will be listed in Binance, I think it will grow more.
Did bitcoin have been this popular because of being listed in a great exchange? Not, of course.
The main fact is utility and the benefits/advantages Veil offering. If it solves the problem which other privacy coin can't, I guess it will grow faster, otherwise, no big exchange can do anything other than a short duration bump.
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May 04, 2019, 12:32:20 PM
 #13

Been listed on large exchange doesn't mean they are useful, or have future.
There are so many coins or tokens that are removed again from the exchange.
I do wish veil project could be successful but I hope the dev team keep on working on this project and the community stays growing up.  Grin
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May 04, 2019, 12:46:46 PM
 #14

IMO, Veil is one of the most promising crypto-projects currently. The reason I say that is mainly based on vetting the developers team. Some of the main developers are already well versed in how privacy coins function, having worked with Pivx and similar coins in the past. They are in a good position to improve on the current ones. Monero is currently a leading privacy coin, but the big disadvantage of Monero is the bloated blockchain and the large size of each transaction. There is room to improve the privacy features as well, and hopefully Veil could do a good job in this area. Some possibly downsides to Veil are for example, the coin distribution rate, which is too fast for my taste (something like 50 million coins will be issued during the first year only). But that is my personal objection.
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May 04, 2019, 01:17:53 PM
 #15

They are doing a continuous campaign for awareness, and the supply is only 15 million only, this has got to be the next big thing in the cryptocurrency privacy this year and onwards, only 3 million to mine, they will have a huge demand in the future and this is guaranteed.
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May 04, 2019, 01:30:09 PM
 #16

Veil does have potentials and coming from a team that has robust knowledge in cryptocurrency and privacy coin (CEO is a team member of PIVX), Veil will certainly do well. The project was self funded and you can only buy, stake or mine to earn the coin. It currently trade above $0.30 but will the few supply (15m), It will soon be a highly coveted coin


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May 04, 2019, 01:43:25 PM
 #17

There's already plenty of competition in the privacy cryptocurrency niche, so Veil will have to really prove itself to stand out. There is Monero, DASH, Zcash, and even Litecoin will be introducing private transactions. So unless Veil has something new to offer, it likely won't gain much market share in an already saturated field.
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May 04, 2019, 02:06:32 PM
 #18

Veil is the latest addition to the long list of coins that claim to be 100% anonymous. But the question is what makes Veil superior to already established coins such as Monero and Zcash. We already have several such projects which seems to be dormant (like Deep Onion). Why do you think that Veil will not end up like those projects?
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May 04, 2019, 11:59:05 PM
 #19

Veil is a high potential project, one of the best privacy coins. It is still under the radar.
It`s market cap is low ( only 15 million tokens )  and  there is room for price increase.

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May 05, 2019, 03:22:45 AM
 #20

I really think being anonymous coin has more disadvantages than advantages because most companies wont accept it as a payment medium due to legal issues if some problem arises from the transfers or where the money comes from.

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