What Is Deeponion? and What Should You Know About Onion Coin?

The hype of cryptocurrency and anonymity factor is one of the trending requirements right now! One of the hybrid cryptocurrency users can trust DeepOnion.

DeepOnion is a new anonymous cryptocurrency integrated with TOR network (The Onion Router). The platform works with proof of stake (PoS) and the x13 proof of work (PoW) algorithm using its brand-new cryptocurrency called ONION. TOR (version 0.3.3) is a predominant factor that protects user’s anonymity while they use the internet.

By developing an untraceable payment platform, the firm aims to protect individual’s privacy, security, and identity. With this, the platform is expected to avoid legal or illegal identification of cryptography network protocol.

DeepOnion Wallet Integrated with Latest 0.3.3 Tor and Obfs4 and Meek Support

Above TOR system, the network enables Obfs4, a public key obfuscation protocol. By incorporating Obfs4, the system will hide message content protocol details and traffic appears to be a random one.

The cryptocurrency “ONION” coin is listed on few of the leading cryptocurrency exchange including Kucoin, Stock.Exchange, Cryptotopia and more. Once can trade ONION coin by tapping up to these exchanges.

Beside trading access through secure exchanges, DeepOnion has its own wallet which can be downloaded for Windows, Mac or Linux. Moreover, the platform is featuring 40 rounds of free airdrops as ICO does not back it.

DeepVault

DeepOnion has launched a secured vault, named DeepVault. A blockchain based information store, DeepOnion offers file (Hashes of file) validation credentials within the blockchain. However, the vault ecosystem is more secured because often, a user has to verify the file’s integrity. However, in case if hashes of the file changes, then the file will be altered or corrupted.

Upcoming Features

DeepSend

DeepOnion plans to implement innovative blockchain technologies, DeepSend. It enables tracking coin flow within DeepOnion network. ONION holder will have a secure platform to transfer the funds without the fear of uncertainty and malicious attackers. Moreover, it claims that a user can quickly send and receive private transactions using the DeepOnion wallet.

However, DeepSend is a more secure protocol that allows sending and receiving untraceable payments with the use of the multi-signature method. It assists in hiding the transaction trace and promising to intensify the security, speed, anonymity, and trust.

VoteCentral

Moreover, the platform calls suggestions from community members by introducing VoteCentral wherein members can vote and contribute to DeepOnion’s future development.

Above all, the firm has proposed a plan for launching Android and iOS wallet app, ONION accepted games, Smart contract support, Support to zero knowledge protocol and much more (as per DeepOnion’s roadmap).

Note: This press release is for an informational purpose only. Coinpedia is not responsible for the accuracy of the content provided in the article. Thereby, readers are advised to consider company’s policy & T&C before making any investment.