DeepOnion on an Indian Exchange by April 2018

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DeepOnion is one of the most popular altcoins at the moment, with their focus completely on offering 100% privacy and anonymity, which is primarily why cryptocurrencies were made, as a why to claim back freedom from surveillance. DeepOnion as a whole is a lot like many other cryptocurrencies in the sense that they can be used to purchase certain goods and service through the means of the Internet. As Bitcoin was the first cryptocurrency to create the peer-to-peer payment network, in which transactions can be facilitated without the need of any middlemen or intermediaries, other altcoins have taken advantage of this structure and made their own.

DeepOnion is a privacy-based cryptocurrency that, as mentioned before allows people the ability to confidently make purchases through the Internet, without the threat of being spied on. DeepOnion is able to grant such freedom as it has positioned itself perfectly and has been able to integrate itself with the Tor network, which is used to browse the Deep Web and obscure IP addresses. The Tor network functions by obtaining data that is outputted by your computer and relayed through countless servers.

To go into more detail about how DeepOnion has become so popular and how it completely benefits from using Tor, is the fact that as the data is relayed through all these servers, Tor packages up your data into an encrypted packet. Then it has part of the packets header torn off, which contains part of the addressing information that can be used to identify and locate where the original sender is, as well details about their operating system. Tor then encrypts the addressing information, called the packet wrapper whereas the typical browsers we would normally use like Chrome, Firefox or Edge don’t do this at all.

Courtesy: DeepOnion Community

Being as popular and powerful as DeepOnion is, it still lacks the ability to be listed on the major cryptocurrency exchanges like Binance, Bittrex as well as many many more. It has yet to become popular enough on the major exchange platforms, however that being said it is gaining a lot of momentum on smaller platforms and is gaining a large following in the cryptocommunity.

Furthermore, DeepOnion has officially been added onto India’s own cryptocurrency exchange called BitIndia, and this is a huge step forward for them, and has massive potential. BitIndia is currently ranked and backed up by John Mcafee as one of India’s most popular cryptocurrency exchanges (Releasing in April), and with the vast numbers of people who live in India it is quite possible that DeepOnion may strike a few chords with the locals. There are hopes that because DeepOnion has taken its first steps onto major exchange platforms, that this will start the ball rolling and will cause other platforms to see the ever growing fan base for DeepOnion and will want to get it listed. India might be the fuel to the fire that gets the DeepOnion fire burning for many years to come.

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