February 18, 2018. It is no longer news that some major countries take very strong steps in the ban of cryptocurrency in and around their economy, thus, DeepOnion a young fast-growing project, with over 12,000 members in its forum and still counting, has deemed it necessary, to run on the latest TOR 0.3.3 protocol, in order to protect the IP address of its users, which has only been integrated by a handful of projects.
From our recent survey, it was observed that Bitcoin is fairly welcomed in many parts of the world, but there are few countries which are wary of bitcoin because of its volatility, decentralized nature, its perceived to be a threat to the current monetary system, and link to illicit activities like drug dealing and money laundering. Some of these countries, such as China, Russia, Ecuador, Bolivia, Iceland etc., have completely banned the digital currency while others have tried to cut off any support from the banking and financial system essential for its trading and usage.
The ban of cryptocurrency by some major countries in the world, which China is among, has lead DeepOnion into comprehensive findings, that will leverage the worldwide acceptability of cryptocurrency, through a more optimized privacy and anonymity check, thus, fighting the bottleneck hitches that has befallen the crypto world through its implementation of the latest TOR 0.3.3 protocol. In response to the recent ban of cryptocurrency in China, the DeepOnion project integrated OBFS4 and MEEK protocols, in order to enable citizens of crypto-banned countries like China, to still access their cryptocurrency wallets.
Still in the determination to heighten and protect the anonymity of the DeepOnion users for a more secured platform, it has also been revealed that, there is a recent plan of releasing a new feature known as Deepsend, which will hide the transaction ID’s of the users to remain 100% hidden and untraceable. Furthermore, Stealth Addresses are coming to DeepOnion later this month. This feature will allow DeepOnion users to conduct transactions outside the public blockchain and therefore make them untraceable.
These stealth addresses, are intended to address a very specific problem, thus, if you wish to solicit payments from the public, say by posting a donation address on your website, then everyone can see on the block chain that all those payments went to you, and perhaps try to track how you spend them. With a stealth address, the user asks payers to generate an unique address in such a way that the receiver (using some additional data which is attached to the transaction) can deduce the corresponding private key. Although someone publishes a single "stealth address" on a website, the block chain sees all the incoming payments as going to separate addresses and has no way to correlate them, which adds another level of anonymity and security to the DeepOnion Network.
As John McAfee stated on his Twitter this week: “Countries can ban crypto, but technology will always win.’, DeepOnion seems to confirm that this is a fact and not fiction.
For more information visit: www.Deeponion.org