DeepOnion - DeepSend - Anonymity Guaranteed
What is DeepOnion? What is DeepSend? Are you concerned about anonymity in the crypto world? Are you looking at conducting absolutely anonymous transactions in the crypto world? Let me simplify things for you. It looks like you are looking for a coin which can keep you anonymous by taking care of your privacy and which can help you conduct transactions in a completely anonymous manner. The answer to all your questions is DeepOnion and there are many reasons to specify why DeepOnion is the perfect answer to this particular question.
Basically, DeepOnion is a TOR based anonymous crypto-currency that provides features like DeepVault, DeepSend, VoteCentral etc to help you conduct anonymous transactions in the crypto world. Among its features, one of the most exciting and upcoming feature is DeepSend which will be released soon later this year. This particular feature has the potential to help DeepOnion reach a new plateau which is why I believe this is a game changing feature for DeepOnion.
What is so special about this feature and why are many people including me excited for this feature? The proper answer is that DeepSend is a transaction layer based security feature that is being marketed to help provide DeepOnion with a new and improved level of privacy since it combines multiple technologies like Zero Knowledge technologies, CoinJoin technologies and Ring Signatures to help achieve this.
Zero Knowledge technology is a technology by which the prover must assure the verifier that they possess some secret knowledge without actually revealing the knowledge. Coins are burnt and same number of coins are generated from a different address which means that people cannot identify the original address of these coins. Coins like Zcash, Komodo etc have already implemented Zero Knowledge protocols to help their users stay anonymous which is why the DeepOnion developer team decided to integrate this technology into DeepOnion.
CoinJoin technology was introduced by Gregory Maxwell and is based on the idea that if you wish to complete a transaction, you must find someone else who also wishes to make a payment and conduct a joint payment together providing a high degree of anonymity to user transactions. The DeepOnion developers made the right move by agreeing to integrate this technology into DeepOnion.
Ring signatures are basically digital signatures performed by a member of a group in which each user has access to a specific key. This technology is particularly useful to verify crypto transactions and is being utilizes by popular anonymous crypto like Monero which is why the DeepOnion developers decided to integrate this particular feature into DeepOnion which is another great move.
With the combined power of these technologies, DeepSend aims at providing a high level of privacy to users. This system is based on the trustless system known as SuperSend which was adopted by Supercoin(You can find out more details about this coin through this link: https://bitcointalk.org/index.php?topic=1351548.0) and became a huge hit. DeepSend is simply an enhanced version of this service which aims at securing user transactions in an anonymous manner.
You can check out the following link(https://deeponion.org/community/threads/deepsend-explained.2203/) where one of the popular members of the DeepOnion community(Wekkel) provides more information about this feature with examples in order to learn more about this amazing feature.
Based on the above information, it is quite clear that DeepSend aims at providing DeepOnion and its users with a new level of privacy which is why I am particularly excited about this feature.