A Sober Look at the Silk Road amid Changing Drug Laws
A proliferation of illegal activities admittedly took place on darknet Silk Road marketplace. Very quickly, politicians like Charles Schumer took aim at the Silk Road. Brought down in 2013 by law enforcement, the Silk Road did put an idea into society that is likely here to stay; distributed e-commerce, anonymous and peer-reviewed as can be through the use of digital currency. At its heart: Bitcoin. A digital currency founded in 2008 by an unknown developer, who goes by the name Satoshi Nakamoto, that allows for pseudonymous transactions. Ross Ulbricht, convicted Silk Road founder,....
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Silk Road Drug Bazaar Gave Bitcoin & The TOR Project A Bad Name! Written By: Patrick 'PK' McDonnell. Jon Bon Jovi said it best in 1986, "You give love a bad name (bad name), you give lovvvvvve a bad nammmmmme....." It's late 2015, the aftermath of Silk Road's use of Bitcoin via The TOR Project for crimes created a subliminal mainstream rejection in many minds dismissing Bitcoin as a criminal tool & TOR as a playground for hackers with no use to everyday internet users. Yet these 2 tools are the solution to many problems we face in a world of ever-changing technology with a record increase....
Two years after the FBI shut down Silk Road, online drug markets are alive and growing, thanks to the Tor browser and virtual currency, reports US News & World Report. Darknet markets offer greater product reliability and less risk of violence than physical encounters with drug dealers. Darknets average $300,000 to $500,000 in sales per day according to one study. Johns Hopkins University computer science professor Matthew Green says Silk Road provided a proof of concept for darknet markets. He says it's an idea that someone doesn't think about until it happens. Some Silk Road successors....
A new study argues that online black marketplaces, such as the infamous Silk Road, can actually reduce the number of drug related-violent crimes. The researchers' argument is simple: online drug traffickers act more like wholesalers, and since online markets limit the scope of direct interaction between the traffickers - blurring or removing territorial boundaries, there is less of a chance for violent confrontation. The research was conducted by University of Lausanne criminologist David Décary-Hétu and University of Manchester law professor Judith Aldridge. Entitled "Not an 'Ebay for....
According to research done by the Digital Citizen’s Alliance, The shutdown of the Silk Road marketplace only temporarily reduced online drug sales. When the Silk Road was shutdown in October of 2013, it looked like a crushing blow against online drug-dealing. At the time, Silk Road accounted for more than 70% of the online drug market, giving users access to basically any illegal items, such ash drugs, weapons, and fake documents. Within months of the Silk Road’s closure, Silk Road 2.0 popped up and was subsequently busted. Two smaller sites — Evolution and Agora — then took up the slack....
If reports are to be believed, a new version of the online drug marketplace Silk Road - "Silk Road Reloaded" - has been launched recently. It is only a coincidence that the new Silk Road's introduction arrived only after the death of its predecessor Silk Road 2. In fact, our research revealed that Silk Road Reloaded was in development for over a year. This somewhat indicates that the makers of previous versions may not be backing this new project after all. And it reflects in the outcome as well. Silk Road Reloaded apparently uses "I2P" instead of the Fed's favorite Tor. I2P stands for....