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Home » Tor Digital Privacy Project Starts Taking In Cryptocurrency Donations

Tor Digital Privacy Project Starts Taking In Cryptocurrency Donations

Kelly Cromley by Kelly Cromley
Mar 25, 2019
in Market News, News
Reading Time: 1 min read
0

Digital privacy software Tor has started receiving funding in several cryptocurrencies using a new fundraising link setup on the company website. Nine main cryptocurrencies, namely Bitcoin (BTC), Dash (DASH), Bitcoin Cash (BCH), Litecóin (LTC), Ethereum (ETH), Monero (XMR), Augur (REP), Stellar Lumen (XLM), and Zcash (ZEC) are now accepted.

Tor’s fundraising page motivates users to “stand up and help to keep Tor robust and secure in terms of universal human rights to privacy and freedom.” It also states that users can notify the project if they chose to donate money in a cryptocurrency which is not supported.

The Tor venture provides open source freeware based on onion routing, the technology behind anonymous information exchanges. The two official browser versions of Tor are Tor Browser and TorBro. The primary function of using the Tor Browser is to stay anonymous by concealing an IP address, circumventing censorship.

Earlier last month a ban on anonymous cryptocurrencies or so -called data protection coins, such as ZEC and XMR, was proposed by the Head of the Finance Committee of the National Assembly of France. Earlier last month a prohibition on privacy focused cryptocurrencies or so-called data protection coins, such as ZEC and XMR, were proposed by the Head of the Finance Committee of the National Assembly of France.

Both Tor community and the crypto community have a common ideals of confidentiality and decentralization. In 2017 scientists at the University of Waterloo (Ontario), the University of Canada and the University of Concordia (Quebec) unveiled a blockchain based system using privacy focused delivery techniques.

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