Veilcoin is one of those newly launched coins that shows some incredible promise. I know new Cryptos are launching left and right, and it’s hard to determine which one are worth something and which aren’t . VeilCoin will most likely be worth something in the near future.
While determining which Cryptos will become valuable and which won’t, one of the first things we at CryptoArticles look for is whether or not there are any unique features. VeilCoin caught our eye because it will allow you to make phone calls from the client.
To be more precise, the VeilCoin client will incorporate anon-VoIP calling using your wallet address as your phone number. This feature is called VeilCall, and is currently in early alpha stage. According to the developers it will take 3-4 weeks to complete this project. This screenshot shows off how VeilCall would work :
On top of this feature, VeilCoin will also protect the identity of its users, by implementing the Tor network into the client. This is a new trend we are seeing, and it’s time Tor gets some much deserved credit for their awesome services. Whether or not this will only bring positive attention to the whole Tor network remains to be seen.
The real purpose of VeilCoin is to allow users to transfer large amounts of money without leaving behind the trails that Bitcoin and other altcoins use. Sounds to me like VeilCoin wants to be the new and improved Bitcoin? A tough challenge, but you never know, right?
A whitepaper called “An Analysis of Anonymity In Bitcoin Using P2P Network Traffic”, which apparently should substantiate the need for VeilCoin in comparison to Bitcoin, can be found here : http://fc14.ifca.ai/papers/fc14_submission_71.pdf
You can currently mine VeilCoin by using either your GPU or CPU, as X13 mining software has been made available for both. The VeilCoin client is available for all platforms, which is impressive for a Crypto which only launched today.
“This “ninja launch” was done in order to give the Crypto community an even chance, if you find us first then that’s your advantage.” – A very interesting quote from the VeilCoin develops, but I like their approach so far!
As far as the technical specs of VeilCoin go, here you go :
Name : Veilcoin
Symbol : Veil
Max Coins: 2,400,000 (2.4 Million)
Algorithm : x13
Block time : 240 seconds
Re-targeting : KGW
Coins per block: 60
Block halving: every 20000 blocks (about 55 days)
Premine : 1% (development of VeilCall)
RPCPort : 4694
You can find out more about VeilCoin through the following sources :
VeilCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=660863.0
VeilCoin on Twitter : https://twitter.com/Veilcoin_Team
If you want to send us a VeilCoin donation for our hard work, please send it to the following address : VQCc96eMuWTYfPCsSLvoLLp1HUW1nJp3gF
Leave a Reply
You must be logged in to post a comment.