DeepOnion: A cryptocurrency that guarantees privacy and anonymity

in #deeponion7 years ago (edited)

Over the last few years, there's been a gold rush to trade in Cryptocurrency. Cryptocurrency is an industry that was completely nonexistent a decade ago, but currently, there are over 800 different cryptocurrencies. The downfall of most of these coins is that they have focused on the trading aspect of the currency and neglected the security and privacy of the trade, which is the main reason why cryptocurrencies exist. The DeepOnion currency solely focuses on the security, privacy, and anonymity of the users.

What makes DeepOnion different? 

DeepOnion is different because our top priority is securing users’ privacy and facilitating safe transactions that are free of network surveillance. An Anonymous transaction is possible by the use of impenetrable tech in coding the currency and its transactions.

Hybrid technology guarantees security

Unlike most coins that use either Proof of Stake (PoS) or Proof of Work (PoW) to secure their currency across the globe, Deep Onion uses both algorithms. This way, you get to enjoy the safe mining benefits of PoW while at the same having the cost-effective and validating security features of PoS algorithms. The combination of these technologies enables the currency to get the best of both worlds; you get to work with the block of your choice and enjoy your preferred block target, payouts and interest. 

Maintain total anonymity.

It is every user’s wish to be able to freely carry out transactions in different sites and platforms without being monitored tracked or even identified. Privacy is exactly what DeepOnion offers. DeepOnion is deeply integrated with the TOR network and conceals your IP address and user data by relaying your traffic through an overlay network making it impossible to be tracked by network surveillance. 

DeepSend feature is another addition that further enhances the invisibility of your transactions. DeepOnion is being improved day by day with many upcoming security features.

No ICOs or Crowd Funding, get pre-mined coins

Initial coin offers are a risky way of acquiring cryptocurrency. It is almost like a gamble and may be manipulated in favor of the distributor, if not a total scam. That’s why DeepOnion is available pre-mined at genesis blocks or through public mining. These are very safe methods that keep in line with the company’s aim of eliminating any risks and insecurities. 

The genesis block will account for most of the mining; in which 70% will be airdropped, and 20% used for promotions.

Speedy and anonymous transactions

Unlike most coins that have a prolonged confirmation protocol, the Onion's is fast, and safe too. Transfers and payments are processed and confirmed in a short while allowing you to conduct your activities swiftly.

In short, DeepOnion is the currency of choice for those who seek privacy, anonymity, and security in their transactions. The currency has made all its undertakings safe, right from its distribution by air-dropping to its end-to-end encryption in communication. DeepOnion is absolutely a coin you want to use. 

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