DeepOnion is a decentralized hybrid cryptocurrency based on the blockchain that allows users to transact at super-lightning speeds while hiding their identities. It utilizes TOR, OBFS4 and Meek to ensure total privacy and security. Its wallets further utilize stealth addresses to ensure that transactions are untraceable. Its DeepVault, a data store embedded on its blockchain where users can store private and sensitive files and other information securely. Developers are now planning to introduceShow more [+] a new feature called DeepSend that will see all send transaction being completely anonymous. In terms of future developments, DeepOnion uses VoteCentral, a special self-marketing feature that allows users to have a say in the development of the system.
ONION, the currency or gas used within the DeepOnion platform is PoW/PoS (Proof-of-Work/Proof-of-Stake) coin. It is premined to help in the development of the platform. Of 90% premined coins, 70% were Airdropped, 20% went to bounties, rewards and promotions and 10% was reserved for developers. There was no ICO (Initial Coin Offering). The coins were distributed freely in one of the most successful air-drops. ONION has its own official mobile and desktop wallet in Windows, Mac and Linux for desktop and Android for mobile. Apple mobile wallet is still under development. The coin is listed on various exchanges for trading including Kucoin, Cryptopia, STEX, CoinExchange, Trade Satoshi and Crex24.
Just like the platform, the developers and the managing team remain completely anonymous. They are, however, composed of competent and experienced blockchain professionals and technology experts.