Veil Project

Veil Project

Veil is the first Zerocoin-based cryptocurrency aiming for always-on privacy. Veil pushes the boundaries of blockchain security without compromising performance.


Veil month’s end update for August 2020

  Welcome to the August monthly Veil project update article. Here you’ll find an overview of some of the work that’s taken place during the preceding month. Development updates We have several development items relating to the upcoming 1.1 release t...

Strontium 4 minute read 3 Sep 2020 0 comments $0.06

The future of Veil’s consensus and reward distribution

Upon announcing Veil prior to the project’s launch on January 1st of this year, the team shared details of our hybrid Proof-of-Work/Proof-of-Stake consensus and reward structure. As a refresher, that structure, currently in place, entails mining with...

Strontium 4 minute read 6 Nov 2019 0 comments $0.03

Payment gateway Cryptocurrency Checkout integrates Veil

Veil has been added as a payment option to the versatile payment gateway Cryptocurrency Checkout. Through this, users can accept VEIL payments on a number of popular platforms, making it easier than ever to pay and receive veil for goods, services, a...

Strontium 2 minute read 21 Sep 2019 1 comment $0.07

Zerocoin exploit update and Veil wallet v1.0.4.X release information

Veil has successfully sealed an exploit that was uncovered in August 2019. The exploit fix was a two-part process: the first of which patched the security flaw the attacker was able to exploit in the Zerocoin protocol. No further attacks have taken p...

Strontium 5 minute read 8 Sep 2019 0 comments $0.04

Release of Veil Core wallet version 1.0.3.1

The Veil development team have just released version 1.0.3.1 of the Veil Core wallet. Updates for 1.0.3.1 include: Autospend Block Explorer links in transaction detail view Progress bar for searchdeterministiczerocoin Remote Procedure Call (RPC) Rin...

Strontium 2 minute read 2 Jul 2019 0 comments $0.06

Team meeting highlights

  Recently the Veil team held a staff conference to consolidate plans for the project and its various aspects. While we’re not able to share news on all of what was discussed just yet, the following provides some information on what to expect from Ve...

Strontium 3 minute read 25 Jun 2019 0 comments $0.02

Messari AMA with Veil's founder James Burden

Recently, Messari hosted an AMA with Veil's founder James Burden aka 4x13 via their community group. Here are a few questions and answers from the AMA. Messari: ...the Veil motto (is) "privacy without compromise". Can you explain what this means a li...

Strontium 1 minute read 31 May 2019 0 comments $0.02

Veil - the libzerocoin exploit, security measure, and the future

As you are likely aware, Zerocoin reliant projects, including Veil, have recently been impacted by the discovery of an exploit in the libzerocoin library—the basis for the Zerocoin protocol. This article delivers an overview of the situation, as wel...

Strontium 3 minute read 15 May 2019 1 comment $0.02

The benefits of Veil’s PoW mining/PoS staking hybrid consensus for security and distribution

As Veil users are already aware, the Veil network relies on a hybrid proof-of-work (PoW)/proof-of-stake (PoS) dual consensus setup to secure the network and distribute rewards. The PoW consensus depends on Veil’s X16RT algorithm adapted from Ravencoi...

Strontium 2 minute read 14 May 2019 0 comments $0.01