DeepOnion - A Promising Anonymous Cryptocurrency and a Good Chance to Earn

By angelikip | The Best Way To Earn | 12 Mar 2019

Due to the marketing style of DeepOnion, many of you might have already heard about it but in this article you will learn a lot about this fairly new privacy coin. I will analyze its features and explain how it can be a good opportunity for people who are looking to earn some more crypto.

Introduction

DeepOnion was launched in July 2017 by a team of dedicated developers who value anonymity. Aside from creating the coin, the developers also gave the DeepOnion community a forum where it would be easy for any DeepOnion or cryptocurrency enthusiast to come and talk, a lot of times directly with the developers or with the moderators. The existence of this forum has helped multiple times to quickly resolve issues the members might have come across regarding the wallet. The DeepOnion forum has a lot of tutorials regarding the DeepOnion wallet too, thus helping people who are less computer savvy to get introduced to the world of cryptocurrencies.

Anonymous Features

The DeepOnion wallet runs exclusively using Tor, as in The Onion Router (the inspiration behind DeepOnion's name), making any transaction difficult to trace. The DeepOnion developers later added the OBFS4 and Meek protocols to help people around the world have unrestricted access to the wallet even in countries where the governments have restricted access to Tor. The DeepOnion team is already working on DeepSend, a feature which will be using the multi-signature technology to send and receive untraceable payments.

Distribution

To ensure that the coins would be fairly distributed, the early distribution model of DeepOnion was a 40-week airdrop, which was successfully completed due to an effective algorithm made by the developers and the good moderators of the DeepOnion community. Every week, hundreds of people would get a lot of Onions distributed to them via that airdrop.

DeepVault

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This is one of the most distinguishing features of DeepOnion. DeepVault is a feature which was initially only available in the DeepOnion wallet but now also comes in the form of a website app at https://deepvaultonline.com/ and as a browser plugin (available for Firefox, Chrome, Tor Browser and more).

DeepVault allows the user to store file validation credentials within the DeepOnion blockchain. What does this mean in simple words? If you have a file, you can register it with DeepVault, which will then create a hash for the file which will be registered on the blockchain. This hash is a string of numbers and letters, and it is unique for that file. Any change in the original file would create a different hash if registered with DeepVault, so that way a person needing to verify whether a file has been altered in any way can always check it with DeepVault. This feature can have many uses in a variety of professional fields, from lawyers and legal courts to musicians and the arts in general.

Note: The file is not stored on the DeepOnion blockchain, only its hash is. There is no uploading of the file being done, the file is processed locally in your computer. In order to authenticate any file, you must have registered it with DeepVault beforehand.

VoteCentral - An Easy Way to Earn

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VoteCentral is one more interesting feature created by the DeepOnion team. It serves a dual purpose: First, it allows members of the DeepOnion community to create proposals for DeepOnion's improvement and vote on them. A lot of proposals have already been made and voted on. The second purpose of VoteCentral is to help DeepOnion be known around the world. For that purpose, VoteCentral assigns a variety of tasks to its members, which can be as easy as making a tweet about DeepOnion. Users who think they have a good task in mind can even create their own tasks which will be approved by the moderators. VoteCentral members are rewarded both for creating and completing such tasks.

Registration is easy but in order to prevent the abuse of VoteCentral, members are required to have 50 Onions in their DeepOnion wallet to be able to do the tasks, which are easy to get (as I'm writing these lines, DeepOnion is at $0.18 so 50 Onions are lest than $10). Members are getting paid biweekly and can even be upgraded to VIP members which means they would get better paid for their tasks (check the community forum for more details on how to become one).

At this point, I think it's worth mentioning that DeepOnion had an ATH of $19 back in January 2018, and that was achieved in the middle of its airdrop phase, which is not easy to do when people are getting a lot of free coins and selling a lot of them. It's not a coin that is waiting to prove that it can reach such heights during a bull run, it has already been there and it can possibly perform even better in a future market bull run.

E-commerce Payment Plugins

DeepOnion has created e-commerce payment plugins such as the Shopify DeepOnion Payment Plugin. If you own a Shopify store, you can install it so your clients can have DeepOnion as a payment option.

More Plans for the Future of DeepOnion

The DeepOnion team is composed of talented individuals with a lot of ideas and dreams for its future. This team works tirelessly to constantly create new features for DeepOnion. They are being supported by a very enthusiastic and loyal community, which has helped DeepOnion get listed in various exchanges by voting. The DeepOnion community awaits you to join it.