Let me start by first getting you acquainted with the fact that both Monero and veil are crypto projects with varied interest in privacy which makes them the most suitable for most online transactions that are operated through various users network. The transactions on both networks can be checked through distributed agreement that is being recorded on blockchain.
A look at Veil
Veil is different from most other crypto projects in a lot of ways, unlike most other projects that are of BTC derivatives, veil depends primarily on zerocoin protocol to make users transactions private. In addition to this, veil also uses X16RT protocol which is of Ravencoin's X16R algorithm.
Why Veil is different from the rest
First mover advantage: one thing stupendously mind blowing about Veil is the fact that it gives absolute transparency to its users, ensuring that details of their transactions are not revealed to random third parties.
Unique and sophisticated wallet: veil has a wallet that provides a high level of security to its users, thereby preventing everyone form of fund loss that might happen to users of the veil platform. More to this is the fact that users are allowed to back up their private seeds, making them absolutely responsible for their own security.
Unprecedented technology: the veil technological set up is one that is very encompassing, it comprises the zerocoin, Dandelion, RingCT and bulletproof technology all in one, in order to help provide a fully private environment.
Transparency: despite the fact that veil gives a high level of transparency tonite users, it takes nothing away from the fact that it offers a high level of transparency to the table as well through a number of well implementated features.
Transactions are untraceable: Veil makes it impossible for past transactions to be traceable, unlike as it is with most other privacy coin where past transactions are traceable. This is made possible by implementing the ringCT and Dandelion technology.
Note: no one can alter transaction on veil without first linking it to another source, this is due to the fact that the privacy is automated. Therefore even exchanges can't shortchange Veil because it is linked to previous transactions, this provides another advantage to users.
It's seamless: transactions on veil are designed to be pretty very fast such that users will not be left stranded for too long while trying to process transactions on the veil platform. Though the platform is pretty new, but it can still be said to be one of the best platforms to enjoy a smooth and glitch free transactions.
Summary
Veil is an amazing blockchain project that offers a high level of privacy and transparency to its users. The platform also has a pretty nice interface, more to it is the fact that it provides lots of liquidity to its users. In order to participate on the Veil platform one will first have to perform certain tasks that in itself promote the platform, thereby adding more value to it. Veil is simply the future of privacy coins, and I will implore everyone that craves this privacy to get in touch.
Useful links
Website: https://veil-project.com
BitcoinTalk Ann Thread: https://bitcointalk.org/index.php?topic=5065331
GitHub: https://github.com/Veil-Project
Discord: https://discord.veil-project.com or https://discord.gg//Ywyb9hs
Telegram Group: https://t.me/VEILProject
Reddit: https://www.reddit.com/r/Veil
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil
Authored by Jigawagawa
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2433128;sa=summary
Veil Address:
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