You Can Now Buy Tor Domains Using (XMR), Which May Push The Adoption Rate Of The Token
Starting this week, TitoMedusDomain, which is a new company that works as a domain seller and register of .onion domains, has started to accept Monero (XMR) and, in fact, Monero will be the primary currency accepted now. Onion domains are only accessible via the Tor browser and their content is encrypted.
TitoMedusDomain has recently affirmed on Reddit that its acceptance of Monero might influence positively on the adoption rate of the token, as people are already using Monero as one of the safest privacy coins in the market.
The main advantage of .onion domains is that they are not easy to find and cannot be listed by Google and similar sites. Because of this, they are sometimes used for illegal activities like drug and human trafficking.
The difference between normal domains and the ones that this company is selling is that the original ones are not readable or brandable by nature because they are generated automatically and generally consist of many numbers and letters. TitoMedusDomain, however, will start to sell brandable Tor domains.
Paying With Monero
It makes sense that the company is only accepting Monero. The token is fully decentralized and possibly the best option for privacy. As 99% of the people wanting to have an .onion domain are looking for privacy, using Monero should not be a hassle.
At the moment, XMR occupies the post as the 13th token by market capitalization with a value of $116.29 USD per coin. The trading volume in the last 24 hours, according to CoinMarketCap, is $21.68 million USD. As both Tor and Monero were created to be decentralized and to give their users full privacy, the combination looks natural.