Review on DeepOnion by Praise Olagbadun
DeepOnion, A Platfrom With A High Level Of Privacy
SDeepOnion is a decentralized cryptocurrency that has been gradually topping up the crypto world since it's realease on the 12th of July 2017. It makes use of the TOR network and has a very big community where development news are
It is an anonymous cryptocurrency that has increased the level of privacy for its users so as to reduce the possibility of being hacked. The platform is known for its high security technology as there had been no report of ant hack and it leaves users in total control of their finances
They have their wallet available for download on Windows, MacOS, Linux and the Google play store while Apple operating system is still under development
DeepOnion had also came up with an innovative idea which is to ease understanding of their users by streaming tutorials via videos about the Blockchain
It makes use of the Proof of Stake (PoS) and the ×13 Proof of Work (PoW) algorithm so as to improve their platform. The onion is it's local coin and is currently worth 10cents which happens to be a disadvantage to this platform. The platform is also known to have a cheap and affordable transaction
Pros
- The platform is reliable
- The token is mineable
- Cheap transaction fee
Cons
- Low market value
