Can DeepOnion be misused by Hackers?
DeepOnion is a new type of cryptocurrency that has been gaining a lot of traction lately, it works in the same way as Bitcoin does, in sense that it provides anonymous transaction capabilities. However, where Bitcoin only has certain features, DeepOnion makes up for it by introducing more enhancements. It’s main characteristic is its full integration with the TOR network, and for those of you who don’t know what TOR is, it stands for The Onion Router, and works by cloaking your online identity.
Courtesy: Google Images
It is capable of performing such a feat, by moving your traffic across different Tor servers, as well as encrypting that traffic which covers your tracks and provides no trail leading back to you. To access the Tor network, you simply need to download the Tor browser, and everything you do from then on in the browser, goes through the Tor network and doesn’t need to be set up pr configured. However, a downside to using Tor is it is rather slow, this is because the data from your computer ends up going through a lot of relays. Tor is great if you want to remain anonymous, because if you live in a dictatorship country such as North Korea for instance, you need to stay hidden from your government.
Beyond the nefarious activities, Tor can be used to cloak their Internet activities out of the hands of advertisers, ISPs and websites. As we know today, keeping private data, private is one of people’s biggest concerns.
Furthermore, the title of this piece if whether hackers are able to misuse DeepOnion. The answer to this question is without a doubt, yes! It is simple, because DeepOnion has its routes in the Tor network, they are able to take full advantage of the anonymity this cryptocurrency provides. Think about it, DeepOnion is 100% anonymous and obscures your IP address, meaning that hackers can operate as virtual ghosts. No one would be able to identify where you are, and no one would be able to monitor financial transactions.
The very core offering for DeepOnion’s existence was to bring anonymity to the forefront of its functionality. And by working hard at achieving this goal, it has opened the doors for hackers, and let’s be clear here. There are two main types of hackers, there are white hat hackers and black hat hackers, for someone to take full advantage of the anonymity DeepOnion offers a black hat hacker, with more sinister intentions could quite easily access places on the Dark Web, such as the Silk Road. Once they have gained access to the Silk Road, they have full freedom to purchase any illicit goods or services, without the threat of being traced and having their identity uncovered.
Courtesy: Google Images
The question is, how is DeepOnion going to deal with the potential illegal activities committed by these hackers. Are they responsible for what the owners of DeepOnion Coins purchase? Should the creators of this cryptocurrency be held accountable for every illicit purchase made on illegal sites. These are all very important questions that they might need to address at some point, regarding the operation and use of their technology.
Despite that though, the answer to the topic of discussion is overwhelming yes. Hackers can misuse DeepOnion, and they probably keep misusing it as long as they can, and right now I don’t think there’s a lot anyone can do about it.
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