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.
We're proud to announce that #BitcoinForTor @torproject is now 100% funded.
The community managed to raise 10k, 25 hours after the launch.
Take a moment to celebrate, but if you can, keep sending sats as this is just a softcap goal.
???????????? https://t.co/gRAj2E8BZt pic.twitter.com/lxqtAh6ZAq
— BTCPay Server (@BtcpayServer) July 16, 2019
A good part of the transactions, 36% according to the data shared by BTCPay, were sent via Lightning Network.
36% of donation amount via lightning network.
Quake sounds played in the crowdfunding is making 10 donations of 5 USD via lightning way more satisfying than making 1 donation of 50 USD. Only possible via lightning! 🙂
— BTCPay Server (@BtcpayServer) July 16, 2019
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.
