Mar 25, 2019 12:00 UTC
| Updated:
Mar 25, 2019 at 12:56 UTC
Digital Privacy Software ‘Tor’ Starts Receiving Funding in Cryptocurrency
Tor, a digital privacy project, has commenced taking in cryptocurrency donations in several digital coins using a new fundraising link setup on the company website. Nine major cryptocurrencies, namely Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Monero (XMR), Zcash (ZEC), Augur (REP) and Stellar Lumen (XLM), are now accepted on the platform.
Tor’s fundraising page is perfectly created for motivating users to go ahead and help to keep the Tor secure and robust in terms of universal human rights to privacy and freedom. Also, it states that users can report the project in case they chose to donate money in a digital currency that is not supported yet.
The Tor venture offers open-source freeware which is based on onion routing, the tech behind anonymous information exchanges. The two popular official browser versions of Tor are TorBro and Tor Browser. The major function of using the Tor Browser is to stay anonymous by hiding the IP address, sidestepping censorship.
Earlier in February, a ban on anonymous digital currencies or so-called data protection coins, like XMR and ZEC, was proposed by the Finance Committee Head of the National Assembly of France. Both the Tor community and the cryptocurrency community have common ideals of confidentially and decentralization.
Back in 2017, scientists at the University of Canada, the University of Waterloo (Ontario) and the University of Concordia (Quebec) revealed a blockchain-powered system by using privacy-focused delivery techniques.
Kapil Gauhar
Kapil Gauhar is the founder of Blogger’s Gyan. He is a Passionate Blogger, a Big Thinker and a Creative Writer. His passion for doing friendship with words and letting people know about the wonders of the Digital World is what motivates him to take writing as a career.
