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Messages - Jereh

Pages: [1] 2 3 ... 20
1
Cryptocurrency discussions / Re: Choosing Crypto as Work
« on: May 08, 2019, 05:59:22 PM »

Nice

2
 Monero and other privacy coins tried by proposing solutions tothe privacy challenge of  the blockchain.
 These platforms actually provided the foundation block on which privacy coins can be built or improved on. Veil technology seems to have taken full control of constucting the building to a conclusive end while ensurig  complete privacy  without compromise .
With this development, I believe that investors who were scared of getting involved hitherto in cryptosphere wouldn't hesitate to join now.

3

I agree with your submission here.
These days coins that do not have good usecases and are not contributing to improving the blockchain for  mainstream adoption hardly ever survives the market. I understand that the Dash coin which is another privacy coin that it's masternodes require 1,000 tokens before a user can stake and earn while the reverse is the case with the veil privacy coin as there is no  minimum amount of stake which encourages user participation.

4

I was awed by the developmental indices that has been recorded by the veil project even though it's self funded  within a short period of time .....which made me to dig deeper. Guess what I found!
Veil Project is a privacy coin led by James Burden, the founder of PIVX and co-founder of zDEX and Exobit and developed by Veil Labs, a team of developers with past experience and contributions ranging from Ravencoin and HyperStake. Many PIVX veterans including its marketers, content strategists, and business operators are also involved in VEIL.
To say that they would leverage off their experiences to ensure the continuous development of the project would be an understatement.

5

Unlike some  privacy coins that uses only proof of stakes consensus algorithm ,  Veil is a Hybrid Consensus algorithm  which uses Proof of Work on Nvidia and AMD processors and also proof of stakes which would provide lasting solution to the 51% security threat on the blockchain. :-*

6

The various weaknesses of the present  privacy coins is a testament to the need for a privacy coin that would improve  upon the solutions proposed by these coins in order to meet the privacy demand of users .
Veil seeks to  takes privacy coins to a whole new level  by leveraging off the existing technology and making improvements on them to make the protocol effective ...which would quarantee privacy without compromise.

7

To enjoy the blockchain technology , I think there must be a level of privacy enjoyable by users.
Privacy is a big deal nowadays.
Personally, I do not joke with my privacy that is why I am excited seeing that a privacy coin by the name veil has been developed with a view of providing a complete privacy of transactions on the blockchain.
Veil privacy coin is committed to ensuring that users on the blockchain get to enjoy it by elimintating the security risk associated with  ones transactioon history.
Veil seeks to leverage off the solutions previously proposed by other privacy coins such as Dash, Zcoin etc to provide privacy without compromise.
 Veil didn't conduct any  ICO or the coins  Pre-mine and  main net is  already  been launched.
This tells a lot about the commitment of the team members to ensuring a security risk- free blockchain.

8
 One thing I like about the blockchain is that in the bid to make it function maximally u the aim of bringing values down to users ,which in turn would encourage participation, new projects keep coming up with the view to improving upon the previous solutions proposed by these projects inorder to achieve the desired altimate result of mainstream adoption.
One of this challenges that seems to be hindering adoption rate is the security of the blockchain...which some other projects proposed to solve using some technologies.
Unfortunately , there are inherent weaknesses of some of the technologies .
Despite the commitment of these projects to re-create a blockchain where transactions would be highly anonymous , untraced and unlinked to the initiator(sender) of the transaction, there is still room for improvement of these technologies to achieve 100% annonymity on the blockchain.
Introducing veil, a privacy coin.
You may be wondering what veil has got to offer .
Veil would make privacy without compromise a reality. This it tend to achieve using some cutting edge technologies, some of which are zercoin protocol , dandelion and bulletproofs technology which is adopted to help reduce transaction sizes.  the Veil network will implement a Proof-of-Stake (PoS) consensus algorithm to ensure maximum energy effectiveness and decentralization..
The zerocoin protocol, bulletproof ,dandelion etc combined would give the veil project an edge over other privacy coins.


9
We talk about mainstream adoption all the time but I know that mainstream adoption will not just happen on us .
There's need to work it out.
That is why I think it's high time we start addressing the issue of privacy on the blockchain.
For example, a business concern or even an individual won't find the idea that others can view and monitor their financial movements on the blockchain palatable.
No one individual will be Happy that his banking activities can be seen and monitored by just anyone.
The privacy challenge seems to be limiting the adoption rate and that is why more privacy coins are needed to address this challenge.
Veil is a privacy coin which seeks to improve upon the solutions implemented by other privacy coins and provide complete privacy without compromise.
What do you think?


10
 ::)I do not think that anyone knows the exact time when the prices of Cryptocurrency will fully rebound.
But I guess it's going to happen soon.
The prices are already rebounding but not fully.

11
Cryptocurrency discussions / Re: Can I invest in Altcoins now?
« on: April 13, 2019, 05:43:04 PM »
Yes you can.
The prices of some good coins are still very low ....this is the best time to take advantage of it for profitability purposes in the nearest future.

12
Ever since the creation of bitcoin ,the blockchain technology has grown exponentially.
Unfortunately , the adoption rate is never encouraging and this could be attributed to the security challenges that seems  to be threatening the continuous growth of the blockchain technology.
Security issues in this context is the traceability of users transaction history.
This issue has become a concern to potential institutional investors who would want to invest into cryptocurrency but are reluctant due to the issue of transaction history being viewable by just anyone .

Hackers seem to be having a field day stealing users funds because they can trace transactions to senders and so are in the position to know what wallet has good amount of funds or not.
I do not think I would be wrong if I say that the structure of the blockchain is indirectly egging hackers on.
 the world is going digital and as such people should be given the right over their transactions data on the blockchain.
The current structure of the blockchain today makes it easy for people to view ,monitor anothers transactions history .

In the quest to solve this issue, some projects came up with technologies , unfortunately these technologies didn't provide a holistic solution to the issues.
This is where veil project comes into the mix.

Veil is committed to providing a hollistic solution by improving upon the solution of other projects by combining cutting edge technologies such as the Dandelion technology, bullet proof technology , version 0.17.1  together with the advanced cryptography based privacy protocol zerocoin etc.
https://veil-project.com/


13
Bitcoin Forum / Re: BITCOIN OR ALTCOIN ??
« on: April 12, 2019, 11:03:41 PM »
Any way it all depends on ones financial strength.
Personally, if i have big capital J will consider investing in bitcoin for long term but if my money is little, the best thing for me would be to invest in altcoins.

14
Bitcoin Forum / Re: Bitcoin Investment Is Way Better Than MLM
« on: April 12, 2019, 11:01:10 PM »
Bitcoin investment is far better than mlm business any time .
In multilevel marketing. You stand to earn only when you are at the top of the 0yramid structure..5hose at the bottom never earn.
But the case is not same with bitcoin.

15
I understand your concern but I do not think that there's cause for alarm.
I have seen many of these projects that did IEO doing bounty programs.
So bounty programs will not be affected by the emergence of IEOS.

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