Cryptocurrency Privacy Coins – What is DeepOnion?

So recently, we’ve been getting a lot of questions about cryptocurrency privacy coins – In particular DeepOnion. Hence, I think it’s time to create a series dedicated to this sector of cryptocurrencies. Basically privacy coins implement functionality to hide your identity when making transactions. They also can keep your wallet anonymous and/or hide the balances of transactions as well. Privacy coins are a somewhat contentious topic, many figures in the media and governments have cast a distrustful eye on such protocols fearing a new medium for illicit and illegal activity. While others love the financial serecy they provide, to legitimate users who do not want their financial details made public. There is a few of them about, but let’s start one DeepOnion.

This particular coin has a lot of community backing and quite an amount of hype surrounding it. So it seems obvious to start there.

What is DeepOnion?

It is a crypto currency that is integrated into the TOR network thus ensuring anonymity of its users by hiding their IP addresses. Essentially, an anonymous and 100% untraceable cryptocurrency sent through the TOR network. With DeepOnion your anonymity is guaranteed, you can send and receive private transactions using the DeepOnion wallet.
You can find more on the project here: https://deeponion.org/

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Cryptocurrency Privacy Coins – What is DeepOnion?

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Kane Dane