DeepOnion (ONION) Review, Price, Market Cap and more | Coinopsy

DeepOnion (ONION)

DeepOnion (ONION) - Just another privacy coin

DeepOnion aka Onion Coin is a coin that has a very specific use case and it performs reliably with only minor bugs being discovered in recent months. It has a promising road map and could be ..
Pros Cons Related Cryptos Review Review update New Summary with a new logo
DeepOnion's current price is $0.057 USD. In the past 24 hours, DeepOnion's price has increased by +6.3 percents..
ONION
Name (Ticker)
DeepOnion (ONION)
Price (USD)
$0.057225406814
Rank
254
Active Supply
16.1 million
Total Supply
21.1 million
Max Supply
25.0 million
Volume(24H)
164147
Market cap
922309
Fun Name
Just another privacy coin
Meta Tags
Website Links
Social Links

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Pros

  • Hybrid Consensus
  • Reliability

Cons

  • Low Volume
  • No backing (asset, profits, commodity)

Review

DeepOnion, A privacy coin that is integrated into the TOR network to ensure private payments with full anonymity. DeepOnion has a number of working products and products in the works that make it a very competitive privacy coin. With the likes of Monero, Verge and Dash dominating the market DeepOnion has to get creative to be “not just another privacy coin”.

  • DeepVault
  • DeepSend
  • Hybrid Consensus
  • Anonymous development team

Deep Vault is a hash file storage built into the DeepOnion Network which allows for users to have file verification with in the DeepOnion Blockchain.

DeepSend is the technology which DeepOnion use to send irreversible payments through the TOR network.

DeepOnion uses the Hybrid Proof-of-Work and Proof-of-Stake consensus for its validation method.

In no way do DeepOnion have unique technology, and amongst most lower market cap coins this is a very common trait amongst itself

This is an odd one, the development team don’t have a face which potential investors could raise an issue with, However this is able to work for their team since there was no ICO that funded the beginning of DeepOnion. This does actually work more for the image of deep onion more so than detrementing it.

Review update

DeepOnion delivered multiple blockchain features since the 40-week public airdrop concluded on 20 April 2018.

DeepSend is a blockchain privacy technology by DeepOnion without cryptographic encryption or mixing pools. A random wallet hidden behind the anonymous Tor network will make an untraceable payment without evidence between the buyer and the seller.

DeepVault is a blockchain notary service by DeepOnion to register and verify digital files. A web portal https://DeepVaultOnline.com was launched to offer the same service without having to download or maintain the wallet.

VoteCentral is a blockchain-dependent platform for the DeepOnion community to control the future development of DeepOnion. The votes are balanced and non-biased so that whale holders cannot influence the vote. The VoteCentral platform is also being used to continue the airdrop legacy of DeepOnion by rewarding members for their contributions and promotions.

DeepOnion released multiple commission-less payment plugins for online merchants to accept private payments without revealing their business details. All the plugins are built in-house to easily accept anonymous ONION payments.

DeepOnion is the first cryptocurrency with an official TailsOS repository.

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Team Details

Team Details

Team members listed here: https://deeponion.org/team.html

 

Unique privacy technology by DeepOnion: https://deeponion.org/#deepsend

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