DEEPONION WHITE PAPER Written by the DeepOnion Development Team V 2.0
ABSTRACT Our Whitepaper deﬁnes the goals of the project and examines DeepOnion's Vision. We conduct a thorough assessment of the current ecosystem of cryp- tocurrencies by describing the blockchain innovations which back up this new cryptocurrency. It also presents how DeepOnion seeks to solve the ﬂaws identiﬁed within the current system by implementing our latest technology. Secondly, we give a detailed explanation of the introduction of our core tech- nologies in regards to their technical speciﬁcation, rationale, testing, imple- mentation, and deployment. Lastly, we provide a clear path to success by outlining our vision for future improvement to the DeepOnion project in creat- ing anonymous payment ecosystem that guarantees security and privacy. Index Terms Cryptocurrency, Anonymity, Privacy, TOR, Smart Contracts, DeepVault, ONION, DeepSend.
DEEPONION is referred to as a DeepOnion minimizes the likeli- hybrid cryptocurrency as it imple- hood of identiﬁcation by both legal ments the x13 proof of work (POW) and illegal entities to promote the and the proof of stake (POS) algo- anonymity and privacy of cryptocur- rithm. The Onion Router (TOR) proto- rency users by incorporating col is implemented and integrated anonymity-centric networking proto- natively within the TOR  network. cols and industry-leading cryptogra- This ensures the security and phy. anonymity of all peer-to-peer connections. DeepOnion also seeks to imple- ment DeepSend and other innova- The primary purpose of DeepOnion tive and proven blockchain technol- is to protect the privacy and identity ogies such as Stealth Addresses, of an individual by creating a which would make it difﬁcult to payment platform that is instanta- violate our users' privacy. neous, scalable, secure, anony- mous and untraceable. DeepSend is our hidden payment DeepOnion makes the balanced technology that was primarily research or tracing of the coin move- designed to protect the senders' ment impossible throughout the identity and obfuscate payment DeepOnion network or even with transactions. social engineering. The primary aim of DeepOnion is to offer an anony- With the implementation of many mous platform that operates over a layers of security such as Stealth secure and private network. Addresses, a technology that safe- guards the identity of the receiver, Cryptocurrency users can now trans- the TOR protocol was natively fer their wealth freely without obser- integrated to ensure that all the vation and scrutiny by legal authori- connections within the DeepOnion ties and malicious attackers. are protected. DeepSend also offers security and anonymity of transactions as mentioned earlier.
DeepOnion's Future Vision DeepOnion seeks to become a premier hybrid cryptocurrency that guaran- tees privacy and anonymity of its users by introducing the novel blockchain technologies and improving the current state-of-the-art. The development has integrated the latest privacy standards into DeepOnion's technology stack. The latest TOR protocol was incorporated to ensure that the ﬁnances of our community members remain anonymous and secure in every aspect. We have gone an extra mile by adding VoteCentral, a voting mechanism that allows democratic and anonymous representation of the future development of DeepOnion. It is our belief that nobody should It becomes very difﬁcult for anyone have their ﬁnances or identity scruti- to breach the walls of privacy nized by ﬁnancial authorities, because of our massive protocols in Government entities or any other our network. individual or group because privacy is an inherent right. We are working This has been facilitated through to offer the latest technology that the integration of the blockchain will protect the user’s privacy. technology that operates on the DeepOnion network. DeepOnion is Security technologies are dynamic always under constant develop- and because they evolve over time, ment since it is an evolving project we include a variety of actual tech- that attempts to meet the dynamic nologies that would make it difﬁcult demands on privacy, security, and for both legal and illegal parties to technology to maintain a competi- invade the security of DeepOnion tive edge of the advancement in users. cryptocurrency. The essential element is that DeepOnion is a community; a family that believes in ﬁnancial obfuscation and online privacy. The critical component to achieving success in DeepOnion project is having a core community and we take pride in the thousands of people who promote and support us in such a short period of time. We become stronger when we work together and together, we are DeepOnion.
CURRENT PROBLEMS IN CRYPTOCURRENCY Currently, Bitcoin (BTC) is the dominant cryptocurrency with a market share and a market cap of 37.6% and $368 billion respectively, despite the fact that it is experiencing inherent ﬂaws. Most fears in the crypto-world are not only exacerbated by wild price ﬂuctuations, but also lack of security and privacy of the crypto-investors. Our point of the argument lies in the elaboration of what is lacking in Bitcoin and other major cryptocurrencies such as Ethereum, Litecoin, and Ripple, and how DeepOnion seeks to solve these issues.
Privacy and anonymity Bitcoin  is built upon an immutable blockchain, SHA-256 bit encrypted that is publicly available and distributed over a decentralized network supported by wallet users and miners. In situations where a human identity is linked to a wallet address through a commercial vendor or a crypto exchange, it is compromised irrevocably with regards to privacy. The anonymity of a user can never be retrieved without generation of a new one and loss of the remaining BTC linked to the same address. This can be compared to having a public record of your bank statement indicating all available transactions that can be seen by everyone. We witness the empirical demonstration of this phenomenon in an event where an individual considers exchanging Bitcoin into the FIAT currency through an online exchange and vice versa. It is possible to conceptualize a typical scenario as: • An account with the exchange is created by the user who registers his or her personal details that would facilitate the currency exchange. • An exchange generates the BTC address which is connected to your personal identity. • The funds are sent by the user from their FIAT bank account (or BTC wallet) to their identity veriﬁed exchange wallet. • A trade is then performed by the user Unfortunately, the outcome of the above process is that your BTC address that was once anonymous is now linked irrevocably to your personal identi- ty. This implies that the exchange is in a position to exactly verify the number of BTC you have in all the addresses (i.e. your newly created address and your once anonymous BTC address). Furthermore, they can verify to whom you are receiving or sending BTC. In circumstances where the BTC is required to share the details of their customers to Government bodies or law enforcement agencies, then they also get to know your identity as well as the number of BTC you have in your wallet. The same applies to the addresses of the persons you have been interacting with over the past transactions.
The recent Wannacry ransomware  outbreak that saw millions of comput- er systems infected throughout the world is one of the empirical demonstra- tions of the ability to track this blockchain. The ransom demanded to decrypt the ﬁles of an infected machine requested in BTC which made the wallet address public and also available for tracking. It became increasingly difﬁcult in the following months for the responsible group to exchange their BTC for the FIAT currency because the BTC could be tracked within the block- chain every time it moved to another wallet. Given that this was a criminal act, many would argue that it is a positive feature but let's consider the follow- ing scenario which was perfectly legal. Try to imagine yourself during a For most businesses, this could be tender agreement but in a negotiat- catastrophic and perhaps one of ing position. If your ﬁnancial invest- the primary reasons major institu- ments could be tracked by your tions doesn’t adopt BTC because competitor by obtaining a list of privacy is a fundamental principle your contractors and suppliers when it comes to ﬁnancial opera- through blockchain exploration, tions. (Actually, it is information that how would it be? This would deﬁnite- is mandated in several jurisdictions). ly undermine your negotiating position as it provides your competi- Therefore, there is clarity in the fact tor with valuable insights into your that the level of privacy adopted by ﬁnances. BTC makes it fully inadequate for mass adoption. We can now make It could also result in other our conclusions on the "anony- outcomes such as a corporate take- mous" nature of Bitcoin that is over, outbidding and full disclosure quoted often to be a fallacy in the of your previous business relations eyes of its users. and investments.
Anonymity Another area of weakness for BTC is anonymity since node trafﬁc is often sent in a fashion that is unencrypted. The peer addresses of BTC are clearly visible Internet Protocols that present a prime opportunity for consequently network interruptions and targeted attacks. This data is obtained trivially in any Therefore, it is an imperative action of the freely available BTC wallets to protect the IP address of the through the ‘getpeerinfo' command. client's wallet to safeguard your It is considered a bad practice and ﬁnancial assets as well as protect unsecured way to disclose your your personal identity. The anony- computer wallet's public IP address mous TOR IP addresses are some involuntarily without having any of the implementations made by adaptive security appliances (or DeepOnion to speciﬁcally mitigate adequate perimeter defenses). these risks. Some of the potential risks involved include the ability to link the user's IP to their wallet address and disclosing further the coin holder's identity. This could result in an intelli- gence-based attack that is more sophisticated. Scalability and Speed BTC demands that all previous blocks within the blockchain are veriﬁed cryp- tographically by all nodes on the network. This requires signiﬁcant storage space and computing power in regards to the blockchain size (due to the number of transactions and age of BTC). It also requires a signiﬁcant amount of time that would allow processing of the entire chain. BTC solely relies on the SHA-256 based x13 proof of work (PoW) to mint new coins and process blocks. There is also a speed limit on how the transaction takes place which is proportionate to the difﬁculty currently conﬁgured by the design. A single block at present has a high degree of variability and has a conﬁrmation time of 350 minutes. Most services often require a minimum of 6 conﬁrmations for veriﬁcation. This means that to send or receive a payment, you are likely to spend at least 35 hours which rules it out as a perfect payment system in the modern world.
A Misleading Market Cap The market cap for digital currencies can be misleading in cases where units that were included in the calculation of the market cap are not easily avail- able for trade. The Auroracoin is the best example of a digital currency with an inﬂated market cap. It was reported to have a market cap of more than $1 billion but in reality, the bigger portion wasn’t available for anyone. Another asset that has been accused of overvaluation is the XRP token of Ripple because the vast majority of the XRP in existence was owned by the company. DeepOnion attempts to solve the problem of misleading market- ing cap as we share openly the number of ONIONs mineable to by the public. 18 million ONIONs will be distributed freely via airdrop to the communi- ty. This forms about 90% that have been set to be premined in the genesis block while 2 million ONIONs is the number that will be mineable by the public. Cost of Transaction Some cryptos including Bitcoin and Ethereum might be the leading in the industry but are too slow when it comes to processing for everyday commer- cial use. For instance, Bitcoin miners can handle 3 to 7 transactions per second compared to the visa which has the ability to process over 24,000 during the same period. The resources required to verify transactions in Bitcoin and Ethereum are at times cost-prohibitive. BTC produces a transac- tion fee that sums up to $25 during the peak periods. This renders it unﬁt for performing cheaper or affordable transactions compared to the latest boom- ing cryptocurrencies such as DeepOnion.
DEEPONION'S VISION DeepOnion has a solution to most of these problems since a myriad of tech- nologies has been integrated into the core stack. The TOR network controls the entire network (see 6.1) which makes it very difﬁcult to ascertain the identi- ty of a user without compromising huge segments of the TOR network. This is a process that can be interfered with further with the use of VPN (Virtual Private Network) solutions. This implies that the geographical position of a DeepOnion user is almost impossible to identify or locate. On the other hand, there is no Furthermore, it shows that you are encryption on the BTC trafﬁc which using BTC and discloses the people is the speciﬁc rationale behind prop- you are connecting to. This is infor- osition of the BIP 151. This allows an mation every user would choose IP address linked to the BTC not to disclose or keep away from network to be determined by the eyes of the public. packet snooping. In situations where BTC is illegal in your coun- try's jurisdiction, it could lead to legal ramiﬁcations.
DeepOnion will adopt various industry-leading standards from the ﬁeld of network security and cryptography to offer security at multiple levels. The diagram below highlights our multi-layered approach to anonymity and security: Smart Contract Security, Application that enchance Security (eg Bisq [email protected] trading, Deepvault for document security) APPLICATION LAYER Transaction Trace Obfuscation / Hiding (eg DeepSend with 2-3 multisignature truthless system) Transaction LAYER Zero Knowledge (eg Zerocash, Zerocoin protocols) protocol LAYER The onion Router (TOR) transport LAYER Fig. 1 DeepOnion's Multi-layered Security Model We integrate the TOR protocol at The ﬁnal stage of anonymity and the transport layer to secure and security is offered by the applica- create anonymity of the network tion layer through the adoption of trafﬁc in between the nodes. services such as marketplaces, decentralized exchanges and other We have included the addition of services that only operate in a the protocol layer  (zero-knowl- manner that is anonymous, decen- edge proofs) in our roadmap to tralized, secure and cryptographi- obfuscate the traces of ONION cally veriﬁed. These measures will transactions to every user but the ensure that the multi-layered sender. However, we provide platform gives the absolute best sufﬁcient and non-sensitive privacy. evidence for the occurrence of the transactions. The origins of a trans- (The conﬁrmation of all details will action will be hidden further when be provided at a later date). we implement our DeepSend tech- nology, based on multi-signatures  and completely trustless system. The Roadmap of DeepOnion The DeepOnion Roadmap as illustrated in (Fig.2) gives a great overview of features that are yet to be implemented within the project and their estimated period of implementation. Although it is our endeavor to keep up with these deadlines, it is not unpopular for a project of this scope and magnitude to slip. To mitigate these risks effectively, we came up with contingency plans and hiring of additional members of our development team when necessary. All delays will be disclosed publicly in any event that it occurs.
THE FEATURES OF DEEPONION This section only highlights DeepOnion's features before we provide a more detailed analysis in (Section 6). We introduce the coin speciﬁcations of Deep- Onion, its fair process of distribution and other details relating to the formula- tion and tools of support to the DeepOnion community.
ROADMAP JULY 2017: 2017 Q3: -DeepOnion Pre-Announcement (completed) -DeepOnion Trades at Exchanges -DeepOnion Formally Launched, Airdrop details -Twitter Campaign Starts published -Facebook Campaign Starts -DeepOnion Blockchain Starts, Mining Starts -Introductory Youtube Video Campaign Starts -Website Launch (https://deeponion.org) -Release Paper Wallet and Brain Walle -Signature Promotion Applications Ready - People can sign up for free ONION airdrops -Announce DeepOnion Bounty Programs (Trans- lation, Twitter, etc.) -Signature Campaign Start, First Airdrop Starts - 12.5 Million ONIONs will be distributed freely in about 40 airdrops/distributions -DeepOnion Forum Launches 2018 Q1: 2017 Q4: -The release of the Oﬃcial DeepOnion White -The Launch of DeepVault - A revolutionary one Paper. of a kind service. -Launch Mobile Device Wallets (Android) -Our SEM experts begin showing ads (new -Launch of DeepOnion VoteCentral - ONION videos and content) to people both new and holders can vote on new developments and experts at full speed! bring up own ideas for future implementations. -(Popular Search Engines Organic SEO and paid -Hiring a public Hero for more videos and marketing) marketing. 2018 Q2: 2018 Q3 and Later: -Free airdrop/distribution completes, all 12.5 -Support Zero Knowledge protocol million coins will be freely distributed. -The Launch of DeepSend - our next level in -More Exchanges trade-able for ONIONs blockchain anonymity in crypto world -More Shopping Sites accepting ONIONs -Supporting Smart contract -DeepVault Web App -Main Stream Media Actions -ONION accepted Games -DeepOnion Academy - Teaching the world about blockchain and cryptocurrencies -Trezor Wallet Compatibility -Smart Contracts -And beyond - The community will take the lead and deﬁne new features and the direction of DeepOnion Fig. 2. The DeepOnion roadmap
Specification As we mentioned earlier, DeepOnion is a hybrid cryptocurrency with the PoS and PoW algorithms. Its emission model is recorded at 25 million ONIONS in more than 10 years. Here is the detailed elaboration of the speciﬁcations mentioned above; • 5 conﬁrmations per transaction • 50 conﬁrmations per block minted • 18 million ONIONS will be distributed freely via airdrop to the community. This forms about 90% that are set to be premined in the genesis block. • The number that will be mineable by the public is 2 million ONIONs. • RPC Port: 18580 – Connection port: 17570. Proof of Work (POW) Proof of Work is a protocol that aims at preventing cyber-attacks that could result in multiple fake requests by exhausting the resources of a computer system. It is a concept that has been around even before Bitcoin came into existence. Proof of Work is a requirement that that deﬁnes an expensive com- puter calculation well known as ‘mining’. It serves to verify the legitimacy of transactions as well as avoiding double-spending. It also aims at creating new digital currencies by offering rewards to miners for the previous tasks performed. Features; • X13 algorithm • 8 ONION per block will be the initial payout • 240s block target • Difﬁculty retargeting each block • The payout of the POW will be halved each year until where it remains 1 ONION. Proof of Stake (POS) Proof of Stake is a different way of validating transactions while achieving a distributed consensus. Although it serves the same purpose as the Proof of Work, it uses a different process to complete its task. There is no block reward in the PoS system and thus the transaction fees are taken by the miners. One of the biggest advantages of using the proof of stake is that it has a high energy efﬁciency compared to the proof of work. Features; • 60s block target • Difﬁculty in retargeting each block • The interest of PoS will be variable per year: • 10% 1st year, 5% the second year and 1% in the subsequent years. • 24 hours minimum holding time before the generation of PoS.
Why is Proof of Stake more preferred? • It doesn’t require high electricity consumption to keep the blockchain secure. • It is not necessary to issue very many coins to motivate participation of users in the network because of the lack of high electricity consumption. • Proof of stake allows for a wider range of techniques that deter central- ized cartels from arising using game-theoretic mechanism. • It has reduced risks of centralization because the economies of scale are not a major issue. • A lot of money is required to attack the system because they will have to allocate a sizeable amount of money when planning an attack. They tend to suffer the attack even if they collect a sizeable amount of money because they will have upset the stability of cryptocurrencies. x 13 Algorithms Just as the name suggests, the x13 algorithm utilizes 13 rounds of hashing in combination with other 13 different hash-functions (This includes prominent names such as bmw, Blake, jh, skein, groestl, cube-hash, keccak, and luffa.) All these make it the most secure algorithms in the cryptography of the modern era. This algorithm beneﬁts from a high level of ﬂexibility to allow for the selection of speciﬁc hash functions. It is an added advantage because the adoption of new algorithms can be done in light of collisions  that have been identiﬁed in a particular algo- rithm. 13 hashing functions by its very nature are inherently more secure com- pared to the SHA-256, a traditional single algorithm used by BTC. Emission Model • The DeepOnion's emission speciﬁcation is as follows; • 240 seconds PoW block target; which translates to 15 blocks in an hour and 360 blocks in a day. • Initially, 8 ONION is comprised in every block. • This is a payout that halves each year and thus the number of PoW coins that are minable will be: • 365 x 360 x 8 x (1 + ½ + ¼ + 1/8 + …) = 2,102,400 • Therefore 2,102,400 will be the total number of PoW coins (This includes the 18 million that were pre-mined at block 1). The generation of PoS usually occurs at 10% during the initial year. The second year will be 5% and all the subsequent years will be at 1%. It is estimated that the total number of ONIONs generated over the space of 10 years will be 25 million approximately.
Network Model DeepOnion's network is founded upon the TOR network which provides a method of transaction that is anonymous and highly secured. The users of DeepOnion usually communicate via the TOR addresses, e.g. bb3ebyhgfkj3- jzfd.onion. These onion addresses are usually self-authenticated which implies that the address itself gives a cryptographic proof of the service identi- ty. This, in turn, prevents attackers from spooﬁng the address. There is a multi- tude of security beneﬁts that arise when the TOR is integrated into the stack of DeepOnion's technologies. It includes; • Additional privacy on the device that stored the DeepOnion wallet (Your IP becomes untraceable and anonymous). • Cryptographic veriﬁcation that afﬁrms the genuineness of the network you connect to. • Freedom from network surveillance and oversight • The impossibility for your client being blocked by a particular address. • Tamper-prooﬁng through encryption and enhanced communications integrity. Distribution It is crucial for a new cryptocurrency to have a fair distribution when looking for mainstream adoption. DeepOnion seeks to meet this requirement by offer- ing an additional bounty programme as well as free airdrops. [Appendix A contains the speciﬁcs of the airdrop]. The reasoning behind this tech- The future rewards are offered by nique is that most people fold. The the PoS for people who are ready to holding of the coin can be empha- hold. New users are getting prime sized with a 40-week airdrop opportunity to participate due to the because owners who have longevity of the campaign which received their airdrop previously boosts the number of DeepOnion gain trust in the distribution model. users within the community who are This makes them wait until comple- holding ONIONS. A tapered emis- tion so that their accumulation can sion of the distribution of airdrops be maximized. ensures that the number of airdropped coins increases as the number of participants also grows [See Appendix A]. The holding of a large number of ONION occurs within the bounty wallets and development to be utilized when additional recruitment becomes neces- sary. It can either be as an extra developer venture or as an advertisement. The collection of bounties is done voluntarily when the community members complete goals that have been set by the development team.
Distribution This distribution model received initial criticism which hypothesizes a situa- tion where a Developer dumps their coins after meeting a critical price. How- ever, it is necessary to put emphasis on the method in which the risk is mitigat- ed. • 2million ONION is held by the founding members of DeepOnion. Its percentage of the overall ONIONs distributed lies within the successive airdrop of each week (airdrop completed at the time ofwriting). • There is a low current volume that prevents a scenario where ‘dump- ing’occurs. The airdrop distribution method facilitates holding which in turn leads to low numbers of ONION during a particular exchange. • This is an open-source project (excluding the currently secured Deep- Vault that is yet to be released in due course). There will be a possibility of working with minimal disruption given the skill set and size within the community. • The work ethic of the development team is categorically denied by a dump of this nature and the same applies to the future vision of DeepOn- ion’s ecosystem. Community The strength of DeepOnion lies in reputation and support of its massive com- munity network. Most cryptocurrencies usually fall short of the mainstream adoption because of their lackluster promotion and small user base. We understand clearly how essential the social aspect can be from the time of inception since the formation of the community is done with utmost impor- tance. Furthermore, we introduced a voting platform to ensure that the future of the project can be shaped by DeepOnion users. We have created a plethora of DeepOnion has had an extremely supporting technologies and social successful strategy and currently, media outlets to ensure that this we have one of the most popular requirement is fulﬁlled. Our ofﬁcial and largest threads that have been forum is the most notable and is established on the BitcoinTalk.org available at https://deeponion.org. forums. We will continue to pursue The platform boasts unique this social outlet because its level; features that are not available on of exposure is highly beneﬁcial. other forum software and gas Most importantly, it reﬂects the senti- always been the heart of our com- ments of people towards the Deep- munity. We are also dominant on Onion project and their willingness other proprietary platforms such as of participation, support and involve- YouTube, Reddit, and Twitter that ment. are used in our advertisements. The community projects also boast having a large following which shows the great support by our followers.
Forums Our community hubs are the ofﬁcial forums for DeepOnion and are used in promotional events to coordinate our ‘call to arms’ as well as a social interac- tion platform. Exceptional growth has been realized in the ofﬁcial forums over the past 6 months and is one of the primary rationales behind the continued success of DeepOnion. You can get our forums at https://deeponion.org and everyone is free to regis- ter. To ﬁnd out more about DeepOnion please visit our ofﬁcial website as you can ask any questions you may have about our excellent, friendly communi- ty. Most likely, you will be surprised by the number of diverse and talented individuals we incorporate into our community. You are always welcome to be part of our journey to success. Stealth Addresses The DeepOnion Development team However, no other third parties to has taken the level of privacy to the the transaction will have a hint next level by introducing Stealth about what transpired. DeepSend Addresses. As the name suggests has created a way of splitting the Stealth Addresses are used to transaction into random nodes that create an address that cannot be would make it very difﬁcult to trace traced by the regular explorers the sender. This can only happen because it protects the privacy of when all the transactions are com- the one receiving the payments. pletely untraceable. The sender and the receiver are the only sole parties that will be aware of the true identity of each other (and just for the sender, because next time it will create another unique address). To understand more about the stealth addresses, let's consider the following scenario; • The recipient generates a key pair (private/public ) • The recipient then allows everyone to know more about the Stealth Address (Public key) but keeps the private one secret. • The sender takes the public key or the "Stealth Address" and then adds a random value to it so that it can generate a "normal address" – so cool, right? • Next, they load onions into this address. • The sender encrypts the private key (the "random number" from above) together with the normal address and puts this data into the blockchain (all this data appears as gibberish to other clients who do not possess the private key). • The recipient then uses his private key to decrypt the data and voila – he gains access to the normal address as well as the ONIONs.
Benefits of stealth addresses • They add more safety, trust, and privacy to the users. • The destination of where a payment was sent can only be concluded by the sender and the receiver • No third party will be aware of any payments or transactions that you received from other people. • The blockchain cannot make a correlation because you send and receive payments using separate and unique addresses. • Since no third party is involved in the transaction, they won’t know anything about the payments more so if there is no direct communication between the receiver and the sender. Atomic Swaps Atomic swap is another upcoming feature that doesn’t require a trust- ed third party when exchanging one cryptocurrency for another. Trusted third parties used to be a necessity in the traditional cryptocurrencies when performing a cryptocurrency exchange. This was done to prevent one party from losing part of their currency without receiving another currency in return. From a theoretical point of view, the Atomic Swaps would create a solution for the need of a decentralized exchange. Although scalability may be a concern, the development team is working hard enough to ensure that every- thing is put into consideration to allow for more privacy when implementing this technology. Smart Contracts The support of Smart Contracts is another feature that DeepOnion plans to have in the near future. The smart contract is hash time-locked and used by the atomic swap system so that the currency you need to swap can be deliv- ered within a particular duration; otherwise, it is likely to be canceled. This is done to preserve the atomicity for the swap to occur or none of the currency will be swapped.
Smart Contracts This is the pacesetter to all the oncoming DeepOnion applications as they are programs that execute what they were intended to perform. The reason- ing behind DeepOnion coming up with the “Self-executing contracts” is to allow normal contracts between individuals to be converted into computer codes. The same version is then stored before being replicated on the system that is supervised by a computer network operating the blockchain. The outcome is a physical exchange of a value referred as the ledger feed- back. This entails receipt of goods and services or transfer of funds. If you ﬁnd it difﬁcult to understand the concept of smart contracts, Nick Szabo illustrates it as a vending machine– the ﬁrst person to conceive the idea of the smart contracts. Basically, you would put some token in the vending machine for a snack or a cup of coffee. In this situation, we treat the token as the cryptocurrency. This means that their parties involved in the contract would have to meet certain conditions before they can execute the contract. The application of smart contracts can be done as multi- accounts that would demand a certain number of people to agree for a particular action to be performed. Also, it can be used in managing agreements between parties to a contract before the application details can be stored. DeepOnion seeks to address the DeepOnion smart contracts are inherent loopholes of traditional deﬁnitely something that our com- crypto coins such as Ether and BTC. munity will be looking forward to A typical example is an attack on despite the uncertainties surround- The DAO (Ethereum-based smart ing this upcoming technology. It can contract), where a hacker carted be visualized in terms of when the away a sum of $50 million in Ether. development is scheduled to begin DeepOnion is rolling out its plans on as well as the implementing code. It the smart contract where we will should act as a motivating factor for have an anonymous (Tor-based) people who want to invest in Deep- self-executing contract that tops in Onion because it will certainly take the crypto space. This will be the crypto-world by storm. promoted largely by the TOR network ensuring that all details about contracts will be visible to all involved parties. It helps shut down all forms of prying eyes as well as the third parties.
Lightning Network Basically, the lightning is a decentralized network that enables instant payments across a wide network of participants using the smart contract func- tionality. Our development team is currently working towards implementing the lightning network that depends exclusively on the underlying technology used in the blockchain. It is possible to generate a secure network of partici- pants transacting at high speed and high volume using real DeepOnion or blockchain transactions. It will be backed up by the native scripting language for the smart contract. How it works A ledger entry is created on the blockchain by two participants demanding both of them to sign off any spending of funds (Bidirectional Payment Chan- nels). They go ahead to create transactions that reimburse the ledger entry to their discrete allocation but cannot be broadcasted to the blockchain. Their individual allocations for the ledger entry can be updated by creating many transactions spending from the latest output of the ledger entry. The most recent version is the one that will be regarded as valid and will be enforced by smart-contract scripting that is blockchain-parsable. Either party has the authority of closing out the entry at any time without any custodian- ship or trust by broadcasting the latest blockchain version. It is possible to determine a path This results in the possibility of that is similar to the routing packets conducting transactions that are across the network by creating a off-blockchain without experiencing network of the two-party ledger any limitations. On-blockchain entries. A script is used to enforce enforceability allows transactions the payment that effectuates the to be made off-chain with a lot of atomicity through decrementing the conﬁdence. This can be compared time-locks (the whole payment can to how an individual carries out succeed or fail). legal contracts with others. Howev- er, no person shows up in court every time they make a contract. The smart contract can be enforced on-blockchain by making the scripts and transactions parsable. The court is usually involved in the event of non-cooperation but the result is deterministic when it comes to the blockchain.
Features of the Future Transactions Using Smart Contracts Instant Payments No need to worry about the block conﬁrmation times because of the light- ning-fast blockchain payments. The blockchain smart-contracts enforce secu- rity without creating on-blockchain payments for individual transactions. The speed of payments is measured in milliseconds to seconds. Low Cost The lightning network exceptionally allows for low fees by settling off-block- chain and transactions. This allows for instant micropayments and other emerging use cases. Scalability It will have the ability to have millions of transactions per second across the entire network. Legacy payment rails are blown away by capacity as a result of many orders of magnitude. It will be possible to attach payment per click without the need of custodians. Cross Blockchain The heterogeneous blockchain consensus rules can result in cross-chain atomic swaps occurring off- chain. There is a high possibility of making trans- actions across blockchain without putting trust in the third party custodians. DeepOnion Marketplace DeepOnion will have its own marketplace where visitors will be able to buy products or services with ONION payment method. This will be a game-changer as we will charge no extra fees and sellers will be protected from chargebacks and other scams. This marketplace will be similar to Fiverr.com but only accept ONION as payment method. Our main priority is to protect the privacy of our users and this marketplace will be no exception.
DeepOnion Academy DeepOnion Academy plans to inspire and create the ﬁrst step to include new people and eliminate any barrier that can generate a disruptive and world-changing technology as the blockchain. The Academy videos are aimed at educating the masses by increasing general awareness and expan- sion for the crypto communities. It gives them the ability to reach new people through the simplest videos that have ever been done since Bitcoin came into existence. People can now understand more about the crypto world, thanks to the DeepOnion Academy videos. The market used to be dirty The education project would be the garbage that would pump dump greatest gift for the crypto world people while the cryptos were heav- since we foster peace among our ily abused by the short income members and the entire DeepOnion dreamers. It is only through this community. We don’t look forward education that people can end the to carrying wars, kill more people or problems and challenges they face enslave Africa and other weak coun- from other leading cryptocurren- tries but to recognize them as cies. All crimes that were committed important individuals who deserve against cryptos including abuses more dignity and respect in the and lies all happened because of society and the word as a whole. lack of education about the indus- We set an example and we expect try. Most people usually hate what even a better approach from future they don’t understand and that is education projects during the adop- why DeepOnion saw it wise to offer tion and expansion of DeepOnion to skills and guidance in whichever any public. way possible to counter negativity of cryptocurrencies.
EXAMINATION OF TECHNOLOGIES The strength of DeepOnion rests in its multi-faceted approach to privacy and security which are manifested by the myriad of technologies that have been incorporated in its wallet and blockchain. DeepOnion has integrated a number of common technologies that are also present in other currencies (we adopt the current best practice). It also boasts several proprietary solutions that offer additional anonymity, security, and privacy as well as further the state-of-the-art. It is necessary to understand the common technologies that are shared by all blockchain cryptocurrencies to discuss this further.
Blockchain We can effectively deﬁne a blockchain as “continuous list of records that keeps growing” also referred to as blocks are linked and secured using cryp- tography. Every block incorporates a hash pointer that links to the previous block, transaction data and a timestamp. The blockchain is inherently resis- tant to data modiﬁcation  by design. One of the effective solutions to most problems that face the existing ﬁnancial systems is utilizing a blockchain in a currency. An immutable public ledger is provided by the blockchain, comprising of all transactions that have trans- pired in the entirety of the network. This enables veriﬁcation of any transac- tions because the inception of the coin (with the privacy trade-offs that have been described in 2.1), which makes it a simple task in the resolution of conﬂicts. Blockchain Scalability It is essential to understand the concept of throughput because the block- chain is considered to be a continuous ledger that accounts for all transac- tions. The maximum throughput of Bitcoin is 4 transactions per second while that of Ethereum is 7 transactions per second. The reason for this limitation is due to the amount of stored data in the blocks (block size) – records of trans- actions that can be stored in every ﬁxed block size i.e. 1 MB, and the average time taken to process the hash of a block before it is added to the blockchain (block time). This can result in BTC transactions being completed in more than 24 hours. This is a fundamental ﬂaw in a payment system that was supposed to be instantaneous. This situation has been improved by DeepOnion as many folds by integrating the PoS, faster blocktimes and larger blocksizes. This leads to a theoretical throughput of 62.5 transactions per second, detailed as follows; The average size of the transaction is about 500 Bytes. The block 1 size of DeepOnion is 1.5 MB which means that each block has the ability to hold approximately 3000 transactions. DeepOnion is a hybrid coin, mixed with PoW/PoS. On average, the PoV interval is 240 seconds but the target of PoS is a lot more 2 frequent at 60 seconds. This implies that our theoretically com- bined block time is 48 seconds, illustrated as (240/5).
Blockchain Scalability For veriﬁcation, we checked the blocks for the last 24 hours and this is what we get: • Block 223460 occurs at 11:59:36 AM on 25th Nov 2017 • Block 225285 occurs at 11:59:05 AM on 26th, Nov 2017 This means; In 24 hours, we have 1825 blocks which means that our average 3 block time is set at 47 seconds, matching our designed target block time. We have one block per 48 seconds with the ability to handle 3000 4 transactions. This implies that DeepOnion is capable of handling a maximum transaction rate of; 3000/48 = 62.5 tx/second. This is almost 10 times of Ethereum’s The transaction speed of DeepOn- throughput is more suitable, ion can be increased further by the scalable and effective for mass future implementation of the light- adoption as a cryptocurrency. ning network technology . If not faster, this could lead to the same speed of transaction, compared to the VISA network (approximately 56 k/sec). DeepOnion will be the perfect payment platform due to the fast speeds in combination with the anonymity of the Tor network. Cryptocurrency A cryptocurrency is a digital asset that secures its transactions using cryptog- raphy and was designed to operate as a medium of exchange. It also veriﬁes the transfer of assets  and controls the creation of additional units. Bitcoin was released in 2009 by Satoshi Nakamoto as the ﬁrst decentralized crypto- currency.
Decentralization Decentralization is the process of dispersing or distributing powers, functions, people, or things away from the authority or central location . In regards to the crypto world, decentralization can be deﬁned as the elimina- tion of a central processing authority (much like the VISA). Every node on the network, (a miner or typically wallet) is veriﬁed independently through a process of cryptographic hashing functions with every block within the block- chain. This approach has the advantage of Although the veriﬁcation of each increasing the security levels on the transaction has maximum security, it network and reducing the reliance also explains the reason why trans- of putting trust on the payment actions usually take a long time processor. You would have to com- compared to the traditional meth- promise at least 51% of the network ods of payment. The lightning to interfere with the process. Proba- network is one of the technologies bly, this might not have been feasi- that offers an approach to solving ble given the different operating this option of scaling. However, you systems and protocols as well as will be reducing the security which the global distribution of nodes. reduces the number of veriﬁcations Every node has the ability to verify every time transactions are taken new block which beneﬁts the off the core. A complex problem is network. DeepOnion introduces the determining the number of conﬁrma- PoS, taking this step further than tions or security required and one BTC which gives another form of that currently is the focus of various veriﬁcation and mining. This leads projects such as Ethereum and BTC. to the necessity of having to compro- mise a larger share of the network across two channels which is effec- tively impossible.
DEEPONION INNOVATION TECHNOLOGIES In section 5, we deﬁned the commonalities behind all cryptocurrencies. It is also important to introduce the novel blockchain technologies that will be implemented by DeepOnion to meet the dynamic demands in the crypto- sphere. This involves the necessity to improve anonymity and privacy beyond current efforts. DeepOnion is an anonymous coin with stealth transactions that will use an improved version of SuperSend coin mixing processes. The sections below will detail the novel blockchain implementations of DeepOnion and the reason why they were selected.
TOR Tor can be deﬁned as a communication service that is anonymous, has a low latency, and is based on a circuit. The original design has limitations which are addressed by the Onion Routing System of the second generation through the addition of directory servers, exit policies that are conﬁgurable, a practical design for services, an ideal forward secrecy, integrity checking, and congestion control with a hidden location through points that are rendez- vous. Tor requires no kernel modiﬁcations or special privileges because it works on the internet of the real world. It requires little coordination and synchronizations between nodes. Furthermore, it also provides a reasonable tradeoff between efﬁciency, anonymity, and usability . This provides an ideal platform The TOR network is an open source where to build an anonymous cryp- project that has undoubtedly bad tocurrency. The idea of proof of frame around the world since media stake was also precisely decided to exploits any resource to sell regard- create a safer and stable TOR less of whether they are totally network. With the mass adoption of biased. Actually, the TOR network is DeepOnion, the TOR network can the best way for many people to be expand to new levels helping to heard in countries where there is a create a powerful network that will total censorship or means to report make it difﬁcult for any person to criminal activities for journalists or analyze the network trafﬁc. The whistleblowers that cannot resign to TOR network will also include new their privacy for obvious reasons. relay codes with any DeepOnion wallet that connects into the Deep- Onion Network. Therefore, the better the adoption of DeepOnion, the safer the TOR network and both technologies can beneﬁt from each other. The new digital era is making clear that privacy is no longer something that we have. This is because the new gold for them is our personal information, without mentioning the number of vulnerabilities that exist in common networks – vulnerabilities that can be abused by any criminal. DeepOnion believes that the TOR Network should be used as a default or at least our privacy on the internet should be something that we can’t resign. It is essen- tial that we defend our privacy before it becomes too late. Currently, DeepOnion is upgrading to the latest 0.3 protocol that will intro- duce the latest anonymous features to our wallet that are most secure to protect our users. It is also essential to emphasize that all connections arising from the DeepOnion wallet are usually made over the Tor network. Your public IP address can never be exposed at any point.
DeepSend DeepSend is a side transaction security feature that was designed to hide traces of transactions within the blockchain (a problem identiﬁed earlier with BTC). This is distinctively different from the integration of our TOR that anony- mises and secures the network trafﬁc at the transport layer. A number of tech- nologies that are comprised in DeepSend include; • The Zero Knowledge technologies by Zerocoin and Zerocash such as ZCoin and Zcash • CoinJoin technologies either with the random mixers (e.g. Supercoin and Dash) or with the centralized mixers (e.g. masternodes). • CryptoNote’s Ring Signature such as Monero and Bytecoin. Each technology comes with its own advantages and disadvantages. For instance, you must mint and burn new coins that are unrecognizable in Zero-Knowledge technologies since it would require an additional amount of space in the blockchain. Currently, DeepSend is programmed to become a CoinJoin and Mixer technology that is based on multi-signature technologies that are trustless. Therefore, they offer a competitive edge of privacy and anonymity. In order to conceptualize this idea, think of the following scenario; 1 Person A wants to pay $x amount of money to Person B If Person A chose to make direct payments to Person B, then the transaction would be publicly disclosed to all (the current situation 2 in BTC). On the contrary, Person A will pay Person C who goes ahead to pay Person D. After iterations, Person Z then pays the amount to Person B. This implies that multi-signatures guarantee all payments that 3 were done by both Person A and B, and neither of these address- es is connected to individuals. The main reasoning behind this is that Person B gives money to Person C who later pays it to Person D with a different address that 4 is unrelated. Given enough iterations, it makes it very difﬁcult to reverse traces of the transaction.
DeepSend 1. Sender randomly picks two nodes from his service node list, and request anonymouse service 2. Mixer and Guarantor reply favorably 3. The 3 parties exhange public keys and create 1 2 of 3 multisig address. They each deposit a guaran- tee fund to it. Sender also deposits the send amount and service fees 4. After verifying the deposits in escrow, a multisig distribution tx and a multisig cancellation tx will be created and sent to each party 5. After veryfying the two multisig tx, Mixer will send the required coins to destination, and send the txid to other parties to verify 6. Mixer will sign the multisig distribution tx and send it to other parties. Sender will verify Mixer’s txid, if satisﬁed he will sign the multisig distribution tx 7. Sender will post the distribution tx to the network. All escrows are refunded, the send amount is sent to mixer, all fees are paid, and anonymous transaction complete Fig. 3 Shows DeepSend Transaction: Obfuscation thr4ough multi-signature and Coin Join.  DeepVault DeepVault allows members of DeepOnion to store hashes of ﬁles (ﬁle valida- tion credentials) within the blockchain. In other terms, it is a store of immutable information held within the blockchain that allows members to verify the integrity of a ﬁle over time. Therefore, you will know that the ﬁle has been corrupted or altered when the hashes of ﬁle changes. This tool will also be invaluable in determining whether your essential documents have not been tampered with and that they are secure. An obvious use for this feature is legal documents as it allows the veriﬁcation of this document by the inter- ested parties, hence the content will not be altered erroneously, maliciously or through ﬁle corruption without the consent of the person. Consider this an expansion of smart contracts where validations of integrity or conditions are done through cryptography. • A video demonstrating all details about DeepVault has been produced by a community member.  • For those who cannot view the video, a manual is also available.
DeepVault Fig. 4 DeepVault – DeepOnion wallet DeepVault is highly intuitive and has been integrated into the DeepOnion wallet. It is a novel feature that offers a solution to the simple ﬁle validation which has been the major problem. The processes of ﬁle veriﬁcation and hashing have been improved by DeepVault which provides several beneﬁts that are simple to use. They are; • Generation of the ﬁle hashes is done using a GUI that is normally embed- ded within the wallet. • The SHA-256 is the secure and trusted algorithm used by the hashing process • The ﬁle hashes are protected within an immutable blockchain by Deep- Vault which keeps them safe from any alterations. • The veriﬁcation of the ﬁle can be locked to the user thus preventing others from validating the ﬁle. We believe that DeepOnion is an The upcoming DeepVault web app essential tool that facilitates our will also allow the registration and users to protect and safeguard veriﬁcation of ﬁles online. This will themselves in the digital era. There be a game-changer to clients of are innumerable beneﬁts that come different ﬁelds that need a block- with the ability to verify the integrity chain notary or timestamp service. of our ﬁles and can be applied in The development team will also almost every situation. The Q1 2018 create an API which will make it marks the expansion of the Deep- possible to create a mobile app to Vault and the deployment of a use the DeepVault using your non-wallet based solution that will mobile phone. This is a feature be hosted in the cloud. It will allow unmatched by any of our competi- the ﬁles to be secured by a tors as it is built from scratch and web-based interface. We will soon continuously being improved. The release all details. DeepVault web app can be found at www.DeepVaultOnline.com
Mobile Wallet The DeepOnion mobile wallet is yet to make its debut in 2018 on the Android operating system. It will offer functionality that is similar to the desktop experience (Conﬁrma- tion of the ﬁnal features will be com- municated) and will operate natural- ly over the TOR network thus offer- ing protection to your identity while on the move. DeepVault is an essen- tial feature of the mobile wallet as it protects your documents even on the ﬂy. It also offers a natural appli- cation for safeguarding your photos. Furthermore, users will be in a position to view their address book, transactions and gain access to the VoteCentral. Most importantly, they will be in a position to send and receive ONION naturally. Currently, we are in the primary stages of hiring an IOS developer who will make the mobile wallet available to the Apple devices. The branding of DeepOnion mobile wallet• will be done in accordance with our website for our community • a homogenous user experi- to have Fig. 5. DeepOnion Mobile Wallet ence across all platforms. One of the •essential elements of our mobile wallet is the User experi- ence which will be undergoing • extensive testing that ensures the wallet offers a natural feel to any person irrespective of their experi- ence in cryptocurrencies.
VoteCentral VoteCentral is a voting platform that is open to all and was founded upon the blockchain technologies that will allow voting by the DeepOnion community on the proposals and tasks that have been suggested and submitted by the community members relating to the future trends of this project. Members will have a huge impact on the decisions made by the community that inﬂuences the DeepOnion expansion project as well as the direction taken by the devel- opment team. Fig 6. VoteCentral – Landing Screen (In Alpha) It contains many parallels to the existing system of democratic voting in modern politics only that it mitigates voting fraud because of the additional beneﬁts of the blockchain technology. Community suggestions or new direc- tions can be registered through VoteCentral before being evaluated by the Airdrop founders, Development team and the holders who have ONION balances within their wallet that are more than the necessary minimum. As mentioned earlier, VoteCentral is considered as a layered approach. This hierarchy can be conceptualized by imagining three concentric circles: The core, which is the inner circle, consists of our initial founders 1 and development team. The surrounding core refers to our airdrop founders who are man- 2 dated with the right to vote in the VoteCentral. Lastly, the exterior is comprised of long-term DeepOnion support- 3 ers, as well as participants who have made massive contributions towards the DeepOnion project. Voting is based on a member’s status that was granted through long-term support (or proven contributions to the community). At this point, the voting power (vote weight) of the member depends on the balance in their ONION wallets.
VoteCentral There are two phases of the VoteCentral, which includes a centralized solu- tion that is supported by the web technologies and the next phase of the future that will be supported by the blockchain. This software will be used by wallet owners to the suggested proposals of the community as well as the tasks submitted, based on the number of ONION that they hold within their wallets. In the ﬁrst phase, we request a proof Our Founders, Development team, of ownership from our participants and the future Holders will have the through registration of a signing ultimate decision in the VoteCentral message. We can check the wallet on the direction to be taken by the address of a member every day project. However, each circle of and make a decision on their voting members will be in a position to power with regards to the proposals express their sentiments. suggested, awaiting the decision from our Development team or others. Proposals will be required to meet standards that have not been deﬁned yet and should also follow protocols. However, this will be deﬁned at a later date. Fig 7. Viewing and Creating Proposals – (In Alpha) We are looking to establish a ‘living organism’ because of our grand ambi- tions with VoteCentral where we can accept or reject decisions depending on a process of robust analysis and evaluation that is supported by the senti- ments from our community and weighing in a democratic arena. We select the best proposals and tasks that are most popular from VoteCen- tral before using them to guide the future domination (expansion) of the Deep- Onion project. By proving your commitment to DeepOnion, you play a pivotal role in our future as you can raise your opinions, which ultimately rewards you with a higher voting weight within the project. We believe that DeepOnion will become stronger the more we build our Founding community.
DeepPoints The reward program for our community is referred to as DeepPoints which allows members to earn ONION because of their massive contribution towards the project. Our primary goal is to reward members who contribute meaningful posts on a regular basis as well as promotional materials that would beneﬁt the wider community. A Public hero will be added (this person will attend the blockchain conferences and be a YouTube Cryptocurrency celebrity). Their main purpose will be to boost It is quite simple for our members the DeepOnion brand name. Deep- that the more you complete Ofﬁcial Points has ﬂexible and dynamic tasks of DeepOnion (Domination), criteria, a model that suits the rapid the more replies, likes and threads development experienced by Deep- you accrue (inside of the document- Onion as well as the spontaneous ed rules whilst avoiding spamming), real of cryptocurrencies. Our ability and the more you will receive the to target our whole community and DeepPoints. Most importantly, you adapt to a speciﬁc objective or goal get a reward of 5x the standard portrays the strength of this remuneration of replies and likes approach. There are many attempts (Those that were speciﬁcally where this has turned out to be designed for the mod/development successful with regards to the team to target a particular objec- exchange listings such as the tive). Satoshi Exchange and the KuCoin. There are no doubts that our expan- sion will extend to the Binance and Bittrex platforms. 2% to 10% of the distribution within our weekly airdrop is reserved for the DeepPoints rewards. This provides a real opportunity where our community can earn lucrative rewards due to their participation. It is also a perfect oppor- tunity for our loyal followers to be rewarded by the DeepOnion team. E-commerce plugins Our development team is currently working on producing a number of plugins where ONIONs can be used as a method of payment. WooCommerce is an open-source e-commerce plugin that has now been released. It was speciﬁ- cally designed for WordPress. Over 380,000 online retailers have already adopted this plugin and are also used by a number of heavy trafﬁc websites. There is a large number of users in WooCommerce which makes it ideal for the currency to be accepted as a method of payment on this platform.
E-commerce plugins Other plugins being developed include OpenCart and PrestaShop. OpenCart is an online store management system that supports many different curren- cies and languages, and it is also freely available. PrestaShop is a premium open source e-commerce solution available in 60 different languages and 250,000 shops worldwide. Behind all these solutions, DeepOnion will be making plugins for some of the major e-commerce platforms such as Shopify, Magento and much more. There will no longer be restrictions Today, you can sell online with Dee- with the DeepOnion plugins since pOnion by accepting the Onion owners of Onion currency will be currency on your online store. The able to carry out their payments in development team is also working any part of the world. on a new web design and a page that will provide necessary support to all e-commerce users at no cost. DeepOnion is yet to take the anony- mous cryptocurrency payment acceptance market. This is an effort to stop credit card fraud and charge- back scams by making instant payments. You won’t have to wait for weeks or months to get paid. Trezor Hardware Wallet Compatibility using the Electrum Wallet Trezor is a single purpose device that allows crypto-investors to make secure transactions. Transactions remain completely safe despite being initiated on a vulnerable or compromised computer. We believe that the use of Trezor hardware wallet compatibility will help DeepOnion adoption among people who are not familiar with security procedures. It works when DeepOnion protocol sends signed notes of payment via the internet. A special algorithm is used to sign the transactions which require a unique key or password. The key is held in Trezor hardware wallet as it was speciﬁcally designed to help you sign transaction messages securely. Trezor can be thought of as the modern-day stamp in crypto-world. Every Trezor comes with its own PIN code which makes it impossible for any person to access your account. Hackers may compromise the computer where you use your Trezor but they will never get hold of your key.
Trezor Hardware Wallet Compatibility using the Electrum Wallet DeepOnion will be among the top cryptocurrencies that use Trezor hardware wallet compatibility to ensure the privacy and anonymity of its users. It supports Windows 7 and other higher versions as well as Linux and OS X versions. Trezor can also be used with other Android devices that have USB Host. Firefox and Chrome ate the major supported browsers of the Trezor wallet. Although you can use other browsers, we cannot guarantee their full functionality. Trezor hardware wallet compatibility will be the most secure and trusted way to store your ONIONs using the Electrum wallet. You can now enjoy DeepOn- ion without risk by isolating your private keys into safety with the Trezor hard- ware wallet. Features of Trezor hardware wallet • It has a reliable hardware, advanced cryptography, and simple interface. • It is small and sturdy • It is water resistant, tamper-proof and extremely durable • It allows for minimalistic operations • It allows checking of essential transaction details before conﬁrmation. • It has a powerful cryptography • Everything important requires a direct physical approval of the user.
THE FUTURE OF DEEPONION DeepOnion takes pride in 2017 as a tremendously successful year for the development team and the members of the community. We are one of the most popular forum threads you can ﬁnd on BitcoinTalk.org and have done that in a period of more than 6 months as a community. We have visualized a strong growth on our forums of approximately 14,000 members with strong mining that will support our blockchain. 2018 is set to be the year of breaking records following the recent expansion of our development team and our current roadmap. We are contacted by major inves- It is essential to emphasize that we tors and exchanges on a daily basis will soldier on until DeepOnion for listing while the prominent becomes the adopted de-facto crypto celebrities wish to take part privacy cryptocurrency. Our in the DeepOnion project. We are exchange listings and trade humbled to see that all the hard volumes continue to grow on a work from the Development team monthly basis. Our message is and members of our community is spreading rapidly across the world yielding results. Our development as we continue to integrate our team is currently working on the novel blockchain technologies. As Electrum Wallet and ledger compati- denoted in our roadmap, we bility and the main DeepOnion haven’t even begun our advertising Wallet will soon have different style campaign. We are very conﬁdent as themes. the development team that DeepOn- ion will be propelled to the forefront of cryptocurrency adoption with a celebrity endorsement and a fully implemented roadmap.
2018 will be a year of excitement for members of DeepOnion community. Here are the features that are to be implemented as mentioned earlier; • DeepSend • DeepVault Website • VoteCentral • Mobile Wallet • Smart Contracts • Atomic Swaps • Celebrity endorsements • Advertising Campaign • DeepOnion Academy • Ecommerce Plugins • Tier-1 Exchanges Appendix A • Airdrop Speciﬁcation • Total Premined 18,000,000 • 3,200,000 Airdrop Rounds 1-15 • 6,800,000 Airdrop Round 16-40 • 250,000 each on Round 16 – 30 • 300,000 each on Round 31 -39 • 350,000 on Round 40 Furthermore, 10% of the airdrops will be used for events in the DeepOnion forum each week to reward any participation at the forum community of Deep- Onion. The remaining 90% is often airdropped directly. Bounty Fund: 3,000,000 The balance currently stands at 2,600,000 after the various events, distribu- tions, bounties, and rewards. This fund is usually channeled to reward contri- butions such as videos, articles and signiﬁcant contributions that are beneﬁ- cial to DeepOnion and members of its community. It will also provide support to potential new merchants to choose DeepOnion. Founders reward: 2,000,000 Development fund: 3,000,000 For example, new feature developments and smart contracts. VoteCentral will determine how these funds are used.
Acknowledgments The DeepOnion development team would like to appreciate our community and all participants who have offered us support throughout our journey. This project has thrived from its roots because of your efforts and involvement. Although we have the vision and technology, you are the ones who assist us to distribute this into an ecosystem that is workable. We all beneﬁt from private and anonymous ﬁnancial transactions in a world that are increasingly dominated by the pervasive digital espionage. We highly thank you for your continued support and we urge you to continue with the same spirit. The DeepOnion team would also DeepOnion is not just something like to recognize the ongoing work written on a stone since we can of their diligent Moderator team improve and add more features to who have achieved massive our project. We are evolving all the success in fulﬁlling the requirements time as any other open source of the project as well as the Deep- project that includes people from Onion community even through the any part of the world. festive season. We send a special thank you to the community members for the provi- sion of graphics that have been included in the white paper
Glossary Whitepaper: It is a report that gives well-documented information or proposals regarding a specif- ic project (e.g. the DeepOnion Project and upcoming features.) Proof of Stake (POS) – It is a concept where a person can mine block transactions or validate them depending on the coins that they hold. This implies that the more ONIONs or altcoin you own as a miner, the more mining power you will have. Proof of Work (POW) – This is an economic measure that limits the denial of service abuses or attacks and requires work from the person requesting the service. It simply refers to the process- ing time by a computer. Blockchain- It is the world’s leading software technology that is used to build a better ﬁnancial system in cryptocurrencies. Decentralized – It refers to shifting of departments from one administrative location to other centers. Hash – It involves taking any length of an input string and giving out an output of a speciﬁc length. Transactions are considered to be an input that is run into a hashing algorithm e.g. the SHA-256 that gives a ﬁxed length of output. Stake - It is the act of holding a cryptocurrency in your wallet for a ﬁxed period of time to accrue some interest. TOR: It can be deﬁned as a communication service that is anonymous and has a low latency based on a circuit. Cryptocurrency - It is a digital currency that modulates the creation of currency units and allows veriﬁcation of fund transfers using encryption techniques. It doesn’t require intermediation by the Central bank. DeepVault - it is a store of immutable information held within the blockchain that allows members to verify the integrity of a ﬁle over time. DeepSend – It is a side transaction security feature that was designed to hide traces of transac- tions within the blockchain. Privacy – It is the ability of a person to selectively express themselves by secluding any informa- tion about themselves. DeepOnion is a cryptocurrency that guarantees the privacy of its users. Anonymity- The quality or state of being unknown to most people: the quality or state of being anonymous.
References  The Bitcoin Project. 2017. Bitcoin is an innovative payment network and a new kind of money. Available at: https://bitcoin.org Last Accessed: 31/12/17  R. Dingledine, N. Mathewson & P. Syverson. 2013. Tor: The Second-Generation Onion Router, 2nd ed. Available at: https://svn.torproject.org/svn/projects/design-pa- per/tordesign.pdf.  Economist Staff Blockchains: The great chain of being sure about things. Available at: https://www.economist.com/news/briefing 21677228-technology-behind-bitcoin-lets-peo- ple-who-do-not- know-ortrust-each-other-build-dependable, 31/10/2015.  A. Greenberg. 2011. Crypto Currency. Forbes.com. Available at: https://www.forbes.com/- forbes/2011/0509/technologypsilocybin- bitcoins-gavin-andresen-crypto- currency.html.Re- trieved 12 December 2017.  Definition of decentralization. Archived 2013-01-26 at the Wayback Machine., Merri- am-Webster Dictionary, accessed February 4, 2013.  Community member. 2017. DeepVault Tutorial Video. Available at: https://deepon- ion.org/community/threads/deepvault-videoguide.3780/. [ 7 ] DeepVault Tutorial Manual :https://deeponion.org/community/threads/tutori aldeepvault. 388/.  J. Vermeulen. 2017. ‘Bitcoin and Ethereum vs VISA and PayPal‘,Available at: https://my- b r o a d b a n d . c o . z a / n e w s / b a n k i n g / 2 0 6 7 4 2 - b i t - coin-and-ethereum-vs-visa-and-paypal-transactions- persecond.html Last accessed: 28/12/17. SuperCoin.2016‘SuperCoin's Revival‘. Available at:https://bitcointalk.org/index- .php?topic=1351548.0 Last Accessed:28/12/17  Wikipedia. 2017. wannacry Available at:https://en.wikipedia.org/wiki/WannaCry ransom- ware attackLast Accessed: 01/01/18  M. Green. 2014. 'Zero Knowledge Proofs:An Illustrated Primer'. Available at: https://blog.cryptographyengineering.com/2014/11/27/zeroknowl- edge-proofs-illustrated-primer/ Last Accessed: 01/12/17  Bitcoin Wiki. 2018. 'Multisignature'. Available at:https://en.bitcoin.it/wiki/Mul- tisignature Last Accessed:01/01/18  Wikipedia. 2018. 'Collision Attack'. Available at:https://en.wikipe- dia.org/wiki/Collision attack Last Accessed:09/10/17
Our Team DEVELOPERS & FOUNDER Deeper Monocolor Nezero Community Manager + Marketing Lead Blockchain Developer Mobile App + Blockchain Developer Deeper is an experienced project manager Monocolor is the lead blockchain developer Experienced blockchain and mobile with a strong knowledge of marketing. & has many years experience in C++ and application developer. Nezero developed Experience in development. various programming languages. our Android mobile wallet. Impressive DogLover Sean Web App Developer + Designer Web App Developer + Designer Blockchain Developer Web Application Developer, Graphic Artist, A web application developer, graphic A blockchain developer that is dedicated to UI/UX Designer, Web Designer and Crypto designer, and a SEO/SEM expert with 17 the team. Working on several important Enthusiast. years experience. additions to the DeepOnion wallet. Dan Damian Airtorp Blockchain Developer Blockchain Developer An experienced software developer and An experienced blockchain developer expert in C++. Experienced user interface specialized in C++ and many other software integration. programming languages.
Our Team MARKETING & PUBLIC RELATION Kubera MrChef111 Knepala DeepOnion Public Hero Lead Video Developer Marketing Professional Our first public hero. Kubera will be our MrChef produces several professional Experienced with online and social media speaker at blockchain events. Also has an videos for DeepOnion. He has many years marketing. A respected member and always extensive YouTube channel and fan base. of experience in video production. eager to help with marketing. Iamgroot Lead Marketing Manager Experienced marketing manager. Behind the scenes marketing for DeepOnion. Also a web developer.
Our Team MODERATORS, TECHNICAL SUPPORT, & MORE Bykardinal EscapefromFreedom Vaas Nicolas DeepOnion Moderator DeepOnion Moderator DeepOnion Moderator DeepOnion Moderator In charge of bounty payments, VIP Professional Russian translator. Software Professional Spanish translator, support Experienced moderator and Spanish payments and more. Bykardinal is a update testing and one of our technical specialist and working on several translator. Translates all news and updates respected moderator of our community. support specialists. behind-the-scenes contributions. to the Spanish community. Seele Crypto Vokain Mos Cobaro DeepOnion Moderator Video Producer + Moderator DeepOnion Moderator DeepOnion Moderator German translation and wallet testing. Video producer, community engagement, Chinese community manager. Experienced Experienced moderator for the DeepOnion Experienced moderator and support support specialist and working on several in Chinese translation and in charge of community. In charge of Votecentral tasks specialist. behind-the-scenes projects for DeepOnion. contacting Chinese exchanges. and other activities. Pengbi WhoKnows DeepOnion Moderator Tech Support + Full-stack Developer Chinese community moderator. Pengbin All around technical support. Experienced in provides support and community full-stack development and makes several engagement in the Chinese forum. behind-the-scenes contributions.