Veil listed himself in the history of as a digital currency tied to a high privacy system. This does not only apply to the digital currency they are launching, but the privacy system also includes all the systems that are on this platform. The idea of creating this privacy platform arose from the thought of its founder, James Burden, who had known the world of since 2012. He witnessed changes for the changes that took place in the market, both in terms of the systems carried by digital platforms and the types of facilities provided. In his view, a digital platform must be able to provide a sense of security and comfort for each user so that they do not hesitate to make transactions through the platform they are building.
A new system is needed that can maintain the security and convenience of users in transactions and the system can be implemented in the form of increasing privacy for users. We certainly want the activities we do in accordance with the explosives. There are a number of things that we sometimes don’t want to see by many people. This also occurs in transaction activities using digital currencies. Not always users want a very transparent system and the tone is when they want a space that supports their privacy in making transactions. Every data released from a transaction they only want to save themselves without needing to be known by others. On this basis, Veil was built as a digital platform that supports various private digital asset transactions.
Everything contained in this platform contains high privacy values. The main thing that is certainly familiar is transaction data. Every data is protected by technology and is kept confidential so that it cannot be known to other users. This data is only known by the parties involved in the transaction only and they are also given the freedom to the data. The information column about transactions is still available but all are in anonymous status. That is, there is no data that can be known both in terms of the source of the sender, the recipient, the number of transactions, and even the address from which the transaction took place. Everything is displayed anonymously.
For digital assets, Veil has two types of coins in it, namely basecoin and zerocoin. Zerocoin is a type of digital coin that has been used by other digital platforms and has proven the power of privacy. Every user who has this coin can make transactions anonymously. The anonymity of the coin is maintained all the time so that this coin can maintain data privacy in every transaction that occurs. This support is thanks to the existence of Zerocoin and RingCT technologies that have special characteristics as privacy specialists. Both are collaborated into a new technology that is able to support very high privacy forces.
Veil digital coins can now be obtained through the purchase period where the current price is 0.29 USD. If converted to , the price for one coin is 17,901.23 VEIL. The distribution of VEIL coins has spread to 13.6 million to date. This number is very low compared to the availability of coins that are currently still waiting to be purchased. The maximum number of coins they distribute for is 300 million VEIL. Seeing the number of coins that have been sold, the big opportunity is still owned by other users who do not have this coin or for those who want to buy it in larger quantities. There are several places to purchase VEIL coins through online sites, such as Vinex, STEX, Txbit, and Graviex. The biggest VEIL coin transactions occur on Vinex where more than 90% of the coins that have been sold are transacted through this platform.
The purchase transaction through Vinex uses the currency as a payment instrument. The price of a VEIL coin is also more expensive than the other purchase sites, which are 0.29 USD. While the prices that apply at other sites are between 0.25 USD to 0.28 USD. The current price has decreased and increased from the previous price. The Veil has been bid at the highest price of 0.30 USD on April 15, 2019 at 00:27 WIB. Current prices are included in the high category because previously the price of VEIL coins was still relatively low. This price increase has been going on since April 1, 2019 and has continued to be at a high threshold despite periodic declines and increases. During its sales period, VEIL was offered using coins for all transactions that had ever taken place. There is no other type of currency paired with a VEIL coin.
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Published at Mon, 15 Apr 2019 05:45:30 +0000