Without any form of argument, DeepOnion is quite new in the crypto market, but its potentials are massive. This is with respect to its privacy features which many forerunners have attempted and failed at. Not many cryptocurrencies (if there is any at all) would allow users to have their identity masked over the blockchain network without inadvertently revealing a little portion of identity to nefarious elements. This is to state the least without mentioning other innovative features of DeepOnion alongside an opportunity to own free coins via the 40 rounds of airdrops, a growing community and a committed team.  

It cannot be overemphasized that privacy has become the topmost desire of crypto-users. Bitcoin which is the most popular crypto asset has become the major reason for this growing concern about privacy in spite of the value it holds. This is based on the reality that Bitcoin transactions provide an avenue for hacking and theft to thrive as it’s possible for any willing individual to view details of any Bitcoin address; this includes current and future balances. Also, ethereum users are not left out of this vulnerability.  

Based on this loophole, the likes of Monero, Dash, Zcash and a host of other altcoins have been developed. However, if the September white paper by Blocksci is anything to go by, then Dash and ZCash are nothing close to being anonymous as transactions on the blockchains of these altcoins were reportedly traced via a comprehensive blockchain analysis. As blockchain analysis becomes popular, more revelations might be made in the coming days.  

Irrespective of what happens to other privacy-based cryptocoins in the future, there are several reasons why DeepOnion cannot be compared with the likes of Litecoin and Monero and should occupy the top spot among anonymous coins. Here are some of them:  

A Strong Community  

The success of any cryptocurrency asset is largely dependent on the support it draws. DeepOnion has all working in its favor with respect to this. The support of the DeepOnion community has so far been terrific. In less than 4months of launching, it is quite amazing to have thousands of crypto-investors already on the train. Open evidence can be found on the DeepOnion thread at bitcointalk.org, where the pages are always lit with participants contributing to the awareness campaigns and exchange of innovative ideas. At the time of writing this piece, the thread is at its 1598th page. This is huge if you ask me, considering it was achieved within a short time.  In addition, the community at deeponion.org/community/ caters for non-English speakers with translations in different languages and up-to-date information about DeepOnion.  

DeepVault  

This is one feature of DeepOnion that has generated a lot of excitement since its release. I recently did an article about its features. You can read here  

It is obviously an innovative idea to grace the cryptospace which enables users to store their file’s hash on the DeepOnion blockchain and verify its integrity over time. With DeepVault, you can be sure a wallet download has not been tampered with or infested with malware. It can be used for all kinds of documents ranging from legal contracts to intellectual materials and softwares. At the moment, it costs only one Onion to register a hash on the DeepOnion blockchain. Afterwards, verification is free. There is also an option that allows the original owner of the file to authorize verification by other users. You can read up on the FAQs.  

Massive Online Awareness  

This can be linked to the community which is growing in leaps and bounds. The awareness around DeepOnion is also partly due to the free airdrops. Who doesn’t like free things? Mr. A learns about it and invites Mr. B who in turn calls his friends X, Y and Z to come earn some freebies and the awareness chain gets longer continues. This concept of free airdrops is not seen in any of the other anonymous coins and has helped build the awareness round DeepOnion.  

Strong and Interactive Development Team  

If you are a regular on the DeepOnion online forum, you will agree it’s not uncommon to see one or two members of the team creating informative threads and providing solutions to some of the challenges as faced by DeepOnion users. This is coupled with the fact that the development team is composed of professionals with vast experience of the blockchain technology and expert skills in SEM marketing and big data and cloud computing. Only a few digital currencies have the founders relating with users on a regular basis.  

DeepSend  

This feature will further distinguish DeepOnion among other privacy-based coins as it will enhance the anonymity of DeepOnion transactions. DeepSend will deploy a multi-signature method to obfuscate transactions on the TOR anonymity network. An additional advantage of DeepSend is that it will promote trust among DeepOnion users and boost transaction speed.  

DeepOnion Online Payment Method  

What is the benefit of a coin that can’t be exchanged for value? Within less than a year of its launch (Q2 2018), a number of online stores will begin to accept Onions as a payment method. This is quite significant considering it will be achieved within a short time of its launch. DeepOnion online plugin is expected to bear an anonymity feature and will be available on WooCommerce. Based on the roadmap, Onion accepted games are also expected within this period.  

Upcoming New Exchanges  

DeepOnion is currently being traded on NovaExchange and this has helped in improving its value. If you have been following the trend, you will agree DeepOnion hasn't performed badly on the exchange since listing. In order to further improve the value of Onions in circulation, the development team is currently working on getting DeepOnion listed on new exchanges. The goal is to be on multiple exchanges as possible, hoping it will support other efforts aimed at improving the value of Onions in the cryptospace. This is expected to be a huge plus which any anonymous coin will definitely struggle to outclass.  
 

In addition to all that has been stated, DeepOnion leads the pack in many other ways. DeepOnion boasts instantaneous transaction confirmations which is unbeatable for other anonymous coins and even market leaders like Bitcoin. This is expected to get even better with features like DeepSend. Also, DeepOnion currently uses a desktop, but highly secured QT-based wallet, which guarantees 100% anonymity and allows users to send and receive anonymous messages over the TOR network. The soon coming mobile wallets for android and iOS devices will enable transactions to be carried out on-the-go while maintaining privacy. Finally, the development team is expected to launch a new website soon to further support the giant strides of the evolving cryptocoin in the next coming days.