Greetings Veil community! Welcome to this month’s Veil roundup where we provide quick updates on short-term technical focuses over the next 2–3 weeks.
In this piece, we’ll list the specific GitHub issues that are on our radar to relieve common user pain points and continue making Veil a smoother experience. We’ll even include some recent issues we closed!
Our focuses over the next couple of weeks revolve around:
For more details, keep reading below.
Let’s dive in.
#405 — This is where Mac users…
New layers of technology often come with compromises that must be made. A common factor compromised in the blockchain space, especially when adding privacy layers, is transaction speed.
For privacy-focused cryptocurrencies that use the Zerocoin protocol, spending zerocoins can take longer than expected. Depending on when, and how many zerocoins, a user mints, it can take anywhere from 5 seconds to 10 minutes or more.
The process of spending zerocoins requires more steps than spending a non-private coin which is why transactions can be noticeably slower. As a result, a main focus of ours is to make zerocoin spending virtually…
We are pleased to announce that Veil is now listed on the decentralized exchange Bisq. We are excited to work with Bisq because they offer what we view as one of the simplest and most user-friendly DEXs to date.
Given that Bisq is our first decentralized exchange listing, we want to provide the Veil community with a simple, step-by-step guide to begin trading.
Let’s dive in.
To install Bisq, go to their website: https://bisq.network/ and click on the download link at the center of the homepage. …
Veil is a privacy-focused blockchain project with a simple mission — to offer the most private and user-friendly digital currency. With an experienced team of over 25 members, including top developers, we are implementing and improving upon thoroughly vetted privacy protocols, pushing the technical boundaries for privacy and anonymity.
In today’s digital age, the need for digital cash is a necessity. Transacting privately and anonymously is an inherent human right. For centuries, humans have been transacting with precious metals or fiat-backed currencies which are both physical and fungible.
Achieving the same level of privacy that cash offers, digitally, is nearly…
Digital cash is one of the most prominent use cases that blockchain technology has to offer. If you’ve researched cryptocurrencies beyond Bitcoin, then you probably came across both Litecoin (LTC) and Bitcoin Cash (BCH) — competing to offer the fastest, cheapest, and most scalable system for digital cash.
Since LTC and BCH are competing for the same use case, the distinctions are much more nuanced in their philosophical and technological approaches. Let’s dive in and explore how they stack up against each other.
It’s important to understand the origins of Litecoin and Bitcoin Cash, which shaped the philosophies and communities…
Newcomers to the cryptocurrency industry are faced with steep educational barriers in the way of understanding even the most basic components of the technology. Despite being only a 10-year-old industry, there have been thousands of alternative cryptocurrencies (altcoins) created and billions of dollars invested in blockchain-based projects. The technology is growing rapidly and as result, the barrier to entry is rising.
To my surprise, even self-acclaimed “experts” and “gurus” don’t understand the distinctions between coins and tokens. In this article, I will explain the differences from both technical and economic standpoints. Let’s dig in.
First, it’s important to understand a…