How to Navigate the Future of DeepOnion: Everything You Need to Know

Mar 2, 2023 | Blockchain

Welcome to our user-friendly guide on the incredible DeepOnion cryptocurrency. As many of you may know, DeepOnion is designed to be an anonymous and untraceable cryptocurrency, heavily leveraging the security features of the TOR network. With the legacy source code being phased out in favor of a new codebase that incorporates the latest advances from Bitcoin and Litecoin, it’s crucial to understand what steps you must take now.

Understanding the Shift from Legacy to New Codebase

The legacy codebase of DeepOnion will soon be frozen and only maintained in case of critical bug fixes. Starting from December 10, 2019, it will no longer receive support from the DeepOnion development team. This means that users will need to adapt quickly to the new codebase, but fear not, all the essential features have been successfully ported!

A Simple Analogy

Think of the transition from the legacy codebase to the new one like upgrading from an old, reliable car to a new, more efficient model. While the old car (the legacy codebase) served you well for many years, it has become outdated and is now being phased out. The new car (the updated codebase) comes with better technology, features, and performance. Just as you would read the manual for your new vehicle, you must familiarize yourself with the new features and functionalities of DeepOnion.

Enhancing Your Experience with TOR

DeepOnion facilitates automatic connection to the TOR network, ensuring that you operate in a secure environment. When you launch the DeepOnion client, it connects to available TOR nodes, including our seed nodes, seamlessly. Upon a successful connection, users can view their assigned TOR hidden service address (.onion address) directly in the client console.

Setting Up Advanced Features with Pluggable Transports (PTs)

For those looking for greater control over their connection settings, DeepOnion now offers advanced users the option to configure PTs such as obfs4 and Meek. These options help to enhance privacy and security when using the network.

Specifications at a Glance

Specification Value
Consensus Algorithm PoW, PoS
Mining Algorithm X13
Confirmations 5 tx
Block Confirmations 50 minted confirms
Port 17570
RPC Port 18580

DeepOnion’s Unique Offerings

Proof of Work (PoW)

  • 240 sec block interval
  • Difficulty adjustment every block
  • Initial block reward: 8 ONIONs per block
  • PoW block reward halves every year until it caps at 1 ONION/block

Proof of Stake (PoS)

  • 60 sec block interval
  • Difficulty adjustment every block
  • Variable interest rates:
    • 1st year: 10%
    • 2nd year: 5%
    • 3rd year and beyond: 1%
  • Minimum holding time: 1 day
  • Maximum accumulation time: 30 days

Resources for DeepOnion Users

Working with Your DeepOnion.conf File

You can download the DeepOnion.conf file (right-click and save link as). For more information on how to set up your .conf file, please visit this guide.

Troubleshooting Tips

If you encounter issues during your transition to the new codebase or while using your DeepOnion wallet, consider the following suggestions:

  • Ensure that you have the latest version of DeepOnion installed.
  • Check your internet connection to confirm you’re properly connected to the TOR network.
  • If you’re having trouble with PT configurations, refer back to the setup guides for obfs4 and Meek.

For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.

Final Thoughts

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.

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