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DeepOnion

DeepOnion

DeepOnion is a privacy cryptocurrency that runs on the TOR network.

DeepOnion (ONION) is a privacy cryptocurrency and anonymous blockchain platform integrated with The Onion Router (TOR) that launched in July 2017. The DeepOnion project is a member of The Internet Defense League and is also a partner of Tails, a live operating system made for privacy and anonymity. The Onion Router (TOR) integration with DeepOnion allows DeepOnion users to have a secondary layer of security and privacy while sending and receiving ONION cryptocurrency.

Each DeepOnion transaction is verified by the Bitcoin blockchain to improve the overall security of the DeepOnion network. DeepOnion verification on the Bitcoin blockchain occurs after each DeepOnion hash is computed. The computed hash is then sent to the Bitcoin blockchain to become a registered DeepOnion hash on the Bitcoin Blockchain.

DeepOnion uses a hybrid consensus mechanism consisting of both Proof-of-Work (PoW) and Proof-of-Stake (PoS) protocols. DeepOnion offers their own cryptocurrency wallet called the DeepOnion Wallet. The DeepOnion Wallet has built-in Stealth address and privacy features which allow users to keep their balance and transaction history private.

Timeline

People

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Further reading

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What is DeepOnion - An Ultimate Guide on ONION crypto

Coinswitch

Web

Documentaries, videos and podcasts

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DeepOnion - Animated Explainer Video

May 15, 2018

DeepOnion Trailer

October 6, 2017

Will DeepOnion (ONION) Beat Verge & Monero To Become The #1 Privacy Coin?

January 12, 2018

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References