Header banner
Revain logoHome Page
Benaiah A. Akinlade photo
Nigeria, Osogbo, Osun State, Nigeria
1 Level
165 Review
110 Karma

Review on DeepOnion by Benaiah A. Akinlade

Revainrating 4 out of 5

DeepOnion with multiple layers of anonymity and protection just like the ONION

DeepOnion blockchain was established in July 2017. It is a decentralised, community-driven, and open source privacy centric coin project where details of transactions are hidden and kept anonymous. This anonymity and privacy is kept intact by its “The Onion Router” also known as TOR network integration by protecting the physical Internet Protocol location of investors.
The project is integrated with Proof of Work and Proof of Stake algorithm for earning its token through mining.
The native token of the project is ONION which currently trades at USD 0.11 and ranked at 967
Some of the exchanges where you can find ONION token for trading are:
1. Crex24,
2. Altilly,
3. Bisq, Citex,
4. OCCE,
5. BitFex, etc
The platform provides a training video series known as DeepOnion Academy Video Series which comprises of 8 videos that can be watched on YouTube.
Features of DeepOnion
1. DeepVault app is used to verify how authentic a wallet or any other digital file is.
2. DeepVaultOnline web portal was launched to perform the same service as DeepVault app albeit on the web browser
3. Stealth Address feature was introduced so that users can hide their balances and transactions from being tracked.
4. VoteCentral was launched so that community members can decide the future development of DeepOnion and also rewards community members for their support and efforts in publicizing the project.
5. DeepSend Nodes is a blockchain privacy technology feature that allows private payments between the seller and buyer. This feature eliminates any evidence of payments for transactions by creating a random wallet that is hidden behind the anonymity of the TOR network.
6. DeepOnionJ is a template designed for both mobile and desktop applications for accessing the features of the DeepOnion blockchain
img 1 attached to DeepOnion review by Benaiah A. Akinlade
img 2 attached to DeepOnion review by Benaiah A. Akinlade
img 3 attached to DeepOnion review by Benaiah A. Akinlade



Pros
  • ONION is a mineable token
  • There is an encouraging reward system for community members
  • The platform provides a highly secure wallet which has never been hacked
  • The platform protects the identity of investors and their transactions
  • The platform provides an academy 8-video series to train investors
Cons
  • High level of anonymity can easily aid illegal trading
  • DeepOnion token, ONION have a low trading value at USD 0.11 per ONION
  • The platform still has low popularity