Veil-Cryptocurrency Digital Currency Chosen For Two Reasons : Anonymity & Privacy

Cryptocurrency generally offers many benefits compared to paper money. Cryptocurrency is largely decentralized, something that provides security and privacy features for its users. However, some offer advanced versions of these security features such as their ability to be immovable, anonymous, and completely private. Compared to the Bitcoin public ledger, where all transactions can be tracked, some currencies offer total privacy to their users.

Why is personal currency important?
Revolutionary Blockchain technology. Compared to traditional banking systems that seem outdated, Blockchain technology offers a new age solution to existing problems. Traditional Blockchain cryptocurrency like Bitcoin and Ethereum has a ledger where each transaction and movement can be traced. This feature provides a network that is authentic and cannot be broken.Purchase history, and transaction communication are also important for user

Basically Proof of Stake (PoS) or a Participation Test will be a way to encourage different owners of altcoins that help block the crypto currency chain network, that is, the more coins you have in your wallet from an altcoin that uses Proof of Shares. (PoS) more help to the network and more gifts that you will have. For privacy-focused cryptocurrencies that use the Zerocoin protocol, spending zerocoins can take longer than expected. Depending on when, and how many zerocoins, a user mints, it can take anywhere from 5 seconds to 10 minutes or more.
At present there are many cryptocurrency that use this system, because that way they also maintain the currency market capital, and the more people are attracted to the Proof of Stake (PoS), the more investment and capital market will enter the market. currency, and therefore the value of this currency will rise more over time.
Veil used basecoin transactions will be anonymized using RingCT and stealth addresses. RingCT is a method to anonymize the sender in a transaction by merging the sender’s digital signature with random other signatures grabbed from the blockchain’s history, creating a final, unique signature. Then using a range proof (commitment to a value that reveals nothing of the value but it being in a specific range) the amount transacted is hidden. Ultimately, the network does not know the sender or amount in a transaction but using a cryptographic key image, miners can confirm that the transaction is valid and no double-spend has occurred.

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Basecoin Address VEIL : bv1qu5ql9t5zq2rugzkhkvnu6h9q4afercxlmqdnvy