Tor: bitcoin donations at 107% with BTCPay
Bitcoin

Tor: bitcoin donations at 107% with BTCPay

By Amelia Tomasicchio - 17 Jul 2019

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Yesterday Tor started a crowdfunding campaign which accepts bitcoin donations (BTC) thanks to a collaboration with BTCPay.

The target for the collection was $10,000 and is now over 100%, having already raised $10,714 from 358 contributors.

A good part of the transactions, 36% according to the data shared by BTCPay, were sent via Lightning Network.

 Tor is an independent project that focuses on an anonymous browser against the censorship of the regular Internet. Tor is based on the so-called onion routing mechanism, which requires shared data to be encrypted at various levels. The data passes through a series of nodes, just as it happens on the blockchain, i.e. a series of computers scattered around the world.

The fact that bitcoin donations have reached 65% in one day and 107% in a few more hours shows that BTC payments are not utopian and that people are increasingly interested in their own privacy, to the extent that they actually use bitcoin to finance an anonymous browser.

Tor had become quite famous mainly because Silk Road was based on it, but it actually goes far beyond the black and illegal market, since above all it allows that there be no censorship on information. Recently, in fact, there was the case of China, which blocked Wikipedia a month after the anniversary of the events in Tian’anmen.

Amelia Tomasicchio
Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for Cointelegraph and CMO at Eido. She is now the co-founder and editor-in-chief of The Cryptonomist.

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