>>11164is correct and you can verify this without reading through the protocol simply by clicking the small circuit icon at the very left of the browser's URL field.
I didn't know this but what anon says makes sense.
>>11153Voluntaryist is correct too
You have the private key of the destination so nothing is decrypted between hops except for the IP address of the next hop.
Tor isn't
RetardRetroShare where "end-to-end-encrypted" file transfers are only encrypted between nodes and each node can read the content of the transferred files. (This actually got someone convicted in court in a country where by law you are not permitted to transmit illegal content if you can read it and therefore know that it is illegal.)
The NSA can conduct timing attacks on tor (control the guards, watch traffic) but this becomes more difficult the more people use it, even if it's javascript-using normie scum.