Hi,
I do not want to disturb your this thread, but Is there an other forum where I can ask question to technical support, please ?
Or a direct email address ? I have tried the contact form on their web site but I did not get the activation link message...
Topic: [ANN] [PoW] [PoS] VEIL - Privacy without compromise - page 25. (Read 65534 times)
I agree. Bounty distribution is ongoing and that certainly must have put some downward pressure on the price of Veil lately. I would expect that to reverse itself once the distribution is finished. Now would be a good time to buy though.
Bounty has been quite effective based upon analytics, but the recent Zerocoin vulnerability news did have an impact on price. The bounty funds are being released gradually to minimize the impact it can have on price, and we limit how much a bounty hunter can earn to between ~500-1,000 Veil per bounty hunter a month.
The team's priority is finding the best privacy protocol replacement for Zerocoin, and although it will take months of additional development time, I believe moving away from Zerocoin to a new protocol will be for the project's long-term benefit even if the specific Zerocoin vulnerability did not exist.
Will dandelion will be the new the algorithm that the Veil will work on? Or it's an entirely a different thing?
Dandelion protocol provides IP anonymity and works in conjunction with a blockchain-level privacy protocol. Dandelion for Veil has been coded and is in testing phase.
You are over-estimating the impact from the bounty campaign. The bounty pool is around 75,000 coins per month. And the daily volumes are around 150,000 to 250,000 coins (which comes to 6 million coins per month). That means that even of all the bounty hunters are dumping their coins, it will represent just 1.2% of the total traded volume.
Bounty pools can not be used to manipulate price and should not be used like this. However, I believe that other projects sufferred same tough period as well due to the rises of bitcoin. People all try to sell their altcoins, then buy bitcoin and hold it to enjoy bitcoin increases. Therefore, most of altcoins have fallen down around 30 percent to 50 percent during last two or three weeks. I don't think there are serious things with VEIL and its promotions. The coin has suffered from bitcoin latest movements. I agree. Bounty distribution is ongoing and that certainly must have put some downward pressure on the price of Veil lately. I would expect that to reverse itself once the distribution is finished. Now would be a good time to buy though.
You are over-estimating the impact from the bounty campaign. The bounty pool is around 75,000 coins per month. And the daily volumes are around 150,000 to 250,000 coins (which comes to 6 million coins per month). That means that even of all the bounty hunters are dumping their coins, it will represent just 1.2% of the total traded volume.
I congratulate to both VeilDango for coming Full Member rank, and VEIL for this successful partnership with Blockfolio. In addition, on txbit.io exchange, VEIL has double bottomed out, so I guess that the coin will bounce back from its double bottom soon. It's hard to say how many satoshis the VEIL coin can bounce back from its temporary price around 3650 satoshis because total volume of the coin on txbit over last day has been still too low, just nearly 0.04 BTC. Personally, I will wait VEIL to raise around 5000 satoshis this time.
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Could take some time to back up in satoshis, looks like it can't deal very well with all the incoming bounties and the bitcoin surge... Almost trough the 2000sat now
No worries! I think VEIL's price will be the least concern for us as long as the development team continuous to have active development on the project and pursue it goals and mission, then I guess well be alright. Additionally these things and challenges could even make VEIL more stronger and be competitive over time.
I agree. Bounty distribution is ongoing and that certainly must have put some downward pressure on the price of Veil lately. I would expect that to reverse itself once the distribution is finished. Now would be a good time to buy though.
I congratulate to both VeilDango for coming Full Member rank, and VEIL for this successful partnership with Blockfolio. In addition, on txbit.io exchange, VEIL has double bottomed out, so I guess that the coin will bounce back from its double bottom soon. It's hard to say how many satoshis the VEIL coin can bounce back from its temporary price around 3650 satoshis because total volume of the coin on txbit over last day has been still too low, just nearly 0.04 BTC. Personally, I will wait VEIL to raise around 5000 satoshis this time.
*snipped the image*
*snipped the image*
Could take some time to back up in satoshis, looks like it can't deal very well with all the incoming bounties and the bitcoin surge... Almost trough the 2000sat now
No worries! I think VEIL's price will be the least concern for us as long as the development team continuous to have active development on the project and pursue it goals and mission, then I guess well be alright. Additionally these things and challenges could even make VEIL more stronger and be competitive over time.
I congratulate to both VeilDango for coming Full Member rank, and VEIL for this successful partnership with Blockfolio. In addition, on txbit.io exchange, VEIL has double bottomed out, so I guess that the coin will bounce back from its double bottom soon. It's hard to say how many satoshis the VEIL coin can bounce back from its temporary price around 3650 satoshis because total volume of the coin on txbit over last day has been still too low, just nearly 0.04 BTC. Personally, I will wait VEIL to raise around 5000 satoshis this time.
*snipped the image*
*snipped the image*
Could take some time to back up in satoshis, looks like it can't deal very well with all the incoming bounties and the bitcoin surge... Almost trough the 2000sat now
The downside of the wallet update, is that it removes the anonymity feature of Zerocoin,
Regarding that, would appreciate if someone explain me the following: if some amount of Veil is sent from bv1 address to sv1 one both of them will be deanonymized insofar as they signal transaction and anyone will be able to find out that?
Veil Blog: State of the Veil network - May 9, 2019
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
Will dandelion will be the new the algorithm that the Veil will work on? Or it's an entirely a different thing?
Veil Blog: State of the Veil network - May 9, 2019
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
I think most of the community will support this decision by the team and trust on their capacity to implement this new protocol. I can say we are somewhat fortunate that this incident happened earlier giving the team ample time to do its best to achieve VEIL's goals.
Veil Blog: State of the Veil network - May 9, 2019
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
In this article, we'll discuss the state of the Veil network and our decision to replace Zerocoin with a new privacy protocol to better achieve Veil's mission.
Read about it here:
https://veil-project.com/blog/2019-05-09-state-of-veil/
In light with recently discovered vulnerabilities on Zerocoin based projects, it is interesting to note that VEIL will not be using or implementing anymore Zerocoin technology as the base core of its protocol as per their official blog - https://veil-project.com/blog/2019-05-09-state-of-veil/ . Any thoughts about this?
The good thing is they removed the vulnerabilities from the wallet really quickly bad news is temporarily anonymity feature is disabled on VEIL hopefully we will soon get back a way to make an anonymous transaction through VEIL.
Yes the team are quick on addressing that critical issue and thankfully the network was not compromised thanks to their effort and capability and since this incident, I'm now more confident in the team's capacity to make the project fully developed as planned.
In light with recently discovered vulnerabilities on Zerocoin based projects, it is interesting to note that VEIL will not be using or implementing anymore Zerocoin technology as the base core of its protocol as per their official blog - https://veil-project.com/blog/2019-05-09-state-of-veil/ . Any thoughts about this?
The good thing is they removed the vulnerabilities from the wallet really quickly bad news is temporarily anonymity feature is disabled on VEIL hopefully we will soon get back a way to make an anonymous transaction through VEIL.
With bitcoin still run to go up many altcoin go down because peoples know this is trend up bitcoin.
And many bounty after get reward will sell. Hope team make price don't fall so much
And many bounty after get reward will sell. Hope team make price don't fall so much
In light with recently discovered vulnerabilities on Zerocoin based projects, it is interesting to note that VEIL will not be using or implementing anymore Zerocoin technology as the base core of its protocol as per their official blog - https://veil-project.com/blog/2019-05-09-state-of-veil/ . Any thoughts about this?
I wish the price was declining so my bag would get filled. Nobody is selling.
Price of Veil might go down a little bit more against bitcoin if BTC continuous the run it is currently on. So it's highly possible that your bag will get filled
I also opened an order at around 3.3k let's see what happens next.
Now the price of Bitcoin seems to be an upward trend and it might be possible the price of Veil slowly decrease in the market and it might be chance for the people who kept the lower order because soon those order might be executed where we can grab the coin at the lower price again.
I wish the price was declining so my bag would get filled. Nobody is selling.
Price of Veil might go down a little bit more against bitcoin if BTC continuous the run it is currently on. So it's highly possible that your bag will get filled
I also opened an order at around 3.3k let's see what happens next.
If there is a desire to mine coins, then I would prefer PoS. Given that the price is declining, it's time to buy a few coins. This will allow participating in the staking, while it does not need a lot of Veils.
I wish the price was declining so my bag would get filled. Nobody is selling.
Now nobody will sell because still many people are expecting a higher price and people are holding the coin and staking them in the wallets. So we should wait and see how long the price of the veil will increase in the market but one thing with active development will help the coin to increase the price in the coming days too.
If there is a desire to mine coins, then I would prefer PoS. Given that the price is declining, it's time to buy a few coins. This will allow to participate in the staking, while it does not need a lot of Veils.
I wish the price was declining so my bag would get filled. Nobody is selling.
I don't understand why in every project, someone says that the price should fall to buy more? I think it should be the opposite. When the project is good and you believe in it, you pay the price. Usually, the company or project is valued by the price that investors pay for tokens, coins or stocks. The price decrease reduces capital, limits the development. It is better to have a coin of high value than to have many worthless...
It's a defense mechanism for a declining price imo. People say they wish the price would drop so they could buy more, but everyone and there mama wants the price to skyrocket... When a coin is pumping, no one who has a stake in that coin comes out and says, "I wish the price would drop!"... just my 2 cents.
If there is a desire to mine coins, then I would prefer PoS. Given that the price is declining, it's time to buy a few coins. This will allow to participate in the staking, while it does not need a lot of Veils.
I wish the price was declining so my bag would get filled. Nobody is selling.
I don't understand why in every project, someone says that the price should fall to buy more? I think it should be the opposite. When the project is good and you believe in it, you pay the price. Usually, the company or project is valued by the price that investors pay for tokens, coins or stocks. The price decrease reduces capital, limits the development. It is better to have a coin of high value than to have many worthless...
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