Re: Monero vs other private coins.

[Giletto]

Veil project is a pioneer Stealth platform when it comes to zerocoin that will be executed based on privacy. This isn’t limited to words, in reality its tech based. To start with, there are lots of user that may be possibly less familiar with zerocoin or privacy but that not withstanding, Veil Is set It’s known that there are loads of problems running through your head as a user, its normal.

Part of exciting aspect of this project that fancied my attention is how veil shares its reward. Veil is a project that has little lot of raising program but however it’s an open source circulation coin. There exist about four different ways Veil will be of good value, and in no time it will be made available for users without restriction.

There are three Key Ways to earn Veil which is through Mining(which can be done with softwares like T - Red, CryptoDredge from Coinblockers, Veilmine etc pools. You can also buy Veil from Exchanges such as Stex, Gravies, Citex and so on.

Finally, by staking, you can as well earn Veil by making a stake and earn royalty through wallet uses.

Learn more at https://veil-project.com

[damsix]

There is only one advantage of cryptocurrency, which is privacy.
I don't know anything is the way I am sure that the Veil mentioned above has advantages that have not been mentioned and the websites that are linked must also be checked more deeply.

[LogiC]

There is only one advantage of cryptocurrency, which is privacy.
I don't know anything is the way I am sure that the Veil mentioned above has advantages that have not been mentioned and the websites that are linked must also be checked more deeply.

Yes, but comparing to Monero, Veil is still a young project. They adopted the tech of Monero in order to sustain the anonymity features of veil but that isnt alone why veil is great. Monero has flaws too and I know they are the greatest privacy coin out there but people like new projects with improved platform and has more additional features. I like veil cause its new, and technically the difficulty of it on mining still low. No premine? Probably a well deserved coin of 2019 as best.

[Tccrypto]

I've always known monero to be the Head in privacy-focused coins because of its fungibility and obfuscation ; obscuring transaction data and amount in order to make it difficult to track, but Veil is adding a dandellion and bulletproof protocol to its coin to provide more scalability in an "always on" privacy. Veil is still a young project and might hit the market with storm. What do you think guys about investing in veil?
Let's brainstorm....

[Giletto]

There is only one advantage of cryptocurrency, which is privacy.
I don't know anything is the way I am sure that the Veil mentioned above has advantages that have not been mentioned and the websites that are linked must also be checked more deeply.

Yes, but comparing to Monero, Veil is still a young project. They adopted the tech of Monero in order to sustain the anonymity features of veil but that isnt alone why veil is great. Monero has flaws too and I know they are the greatest privacy coin out there but people like new projects with improved platform and has more additional features. I like veil cause its new, and technically the difficulty of it on mining still low. No premine? Probably a well deserved coin of 2019 as best.

You are right about the low mining difficulty of Veil coin and its also one of the reasons it's fast gaining attention. Including its staking reward opportunity where members of the veil community can earn rewards with 13000 Zerocoins staked and you earn 50 veil daily with just your wallet open

[Giletto]

Monero is the mother of privacy coins and may not loose its top position soon despite all its technical lags all because of markets sentiment to originators. But then, Veil is young and gaining some traction. With a dedicated team at Veil Labs eager to ensure that Veil coin stays abreast with evolutions in technology to make it competitive in the future. While I trade some XMR, I won't forget to hold Veil too for posterity sake

[kent47400]

What is Veil?

I did not see the website linked to in this thread by the OP.
It might be better for this thread editing OP to be easily understood by other members.

[Tccrypto]

What is Veil?

I did not see the website linked to in this thread by the OP.
It might be better for this thread editing OP to be easily understood by other members.

veil-project.com is the website link

[Tccrypto]

Monero is the mother of privacy coins and may not loose its top position soon despite all its technical lags all because of markets sentiment to originators. But then, Veil is young and gaining some traction. With a dedicated team at Veil Labs eager to ensure that Veil coin stays abreast with evolutions in technology to make it competitive in the future. While I trade some XMR, I won't forget to hold Veil too for posterity sake

My thoughts too, I'll definitely hold lots of veil

[Coltpython]

Undoubtedly, Monero will always be the king of all privacy coins but I just like the idea that veil is bringing which in essence is to improve on the already available Zerocoin & RingCT technology towards creating better anonymity

[Coltpython]

What makes Veil special is that most other Zerocoin-based privacy coins have a transparent (public) “Basecoin” layer. What this means is that a user can inadvertently make a non-private transaction. But with Veil, the Basecoin layer is well secured with RingCT. This ensures continuous full-time privacy for its users

[tbossmitche]

There is no arguing the fact that Monero still does set the pace when it comes to conversations about privacy coins and that is sure to remain the same in the near future. However, seeing Veil introducing better all round anonymity and privacy is something to really push the project into our thoughts.

As many of us are in the cryptosphere to make some profits, it's good to know that Veil offers me the opportunity to do just that by staking Veil in order to earn passive income.

[thamisephoenix]

I've always loved Monero, but since I've met Veil, I've started to wonder about Monero future...
Besides the Ring CT having flaws concerning anonymity, Monero blockchain is terribly heavy, facing scalibility problems, and there is the issue of the lack of corporate structure on monero, that will turn institutional adoption nearly impossible. Besides all this, there is also the matter of auditability, that will be fundamental for global acceptance and compliancy...
Let's face it, Monero was the giant of it's age, but in the end Veil belongs to a 2nd generation of privacy coins and represents evolution.... 

Love might sound a bit sentimental but I have to admit that Monero has always been lovable due to it being the most relevant of privacy coins over the years. The foothold that Monero already has in the field of privacy coins will also make it very difficult to displace it anytime soon.

In my opinion, Monero will keep being relevant but if I've seen any privacy coin over the past year with the potential to displace Monero at the peak, it will be Veil due to it's distinctive and innovative features.

[WhoTookMyCrypto.com]

XMR is without a doubt the best privacy coin. Not too sure about what VEIL offers that would make one invest in it but better technology alone does not mean you should invest in it. Adoption is another crucial aspect. No point investing in a coin with solid tech but with no users.

Also, think GRIN would be a closer competitor to consider instead of VEIL.

[Karldark]

True technical superiority alone is not enough ground for considering it for investment, however, looking at it form the adoption and implementation stand-point with the focus of Veil on research and development in order to ensure privacy and anonymity, I think it's worth having a closer look at.