Welcome everyone,
while studying and researching the realm of privacy coins, you come across a great number of different projects and cryptocurrencies: from the most "known" Monero and Zcash, to the less famous ZCoin, Pivx and Xspec for example (actually, there are many more, but they are not relevant for the purpose of the post).
It is undeniable that "privacy" will be an issue of great importance in the upcoming future for regulators and the world in general. It is enough to mention that, in the end of May, the European Parliament will adopt a new law concerning privacy and anonymity.
Therefore, it is no coincidence that many projects in the crypto space are focusing their effort and work on money and payment privacy.
“Privacy coins will be the future ... or rather the privacy will be the future of the crypto”, said John Mc Afee just in the end of December 2017.
Beyond what one might think of McAfee and his unique personality, I have to admit that I share his vision.
But you might wonder why, among all these coins, I should focus my attention on DeepOnion then? There are other coins around that are much more well-known and “expensive" .... yes, but maybe not as private and anonymous as ONION.
I believe that the Tor network (the router on witch DeepOnion is based upon) will guarantee in the long term the success of the ONION project; "DeepOnion guarantees true privacy on the TOR network, using the latest TOR version 3.3.0 with OBFS4 and MEEK support" (cit.) there could not be a better quote to be mentioned.
And the more the network will expand (or rather, the more it will be used), there will be greater security and anonymity. Moreover, in the upcoming future, developers will further hide transactions with DeepSend and reliable multi-sig.
This, to me, (without taking into consideration other features of the coin) is more than enough from a technical stand point.
Furthermore, considering that none can predict the future (at least as far as I’m concerned), it seems that the ONION development team is fully on track with the road map, an important clue of expertise and reliability, something that is not achieved that often in other crypto projects…
In conclusion, I can say that, for now, I’m very confident with my DeepOnion holdings and I cannot wait to see what is coming in the next future. If the crypto world will continue to grow (and exist), DeepOnion has all it takes to become one of the main players of this game.
See u next time.
Supermox