DeFi Still Needs a Silk Road Moment
Adoption by criminal enterprises is evidence of the product/market fit for censorship-resistant tech and an indicator of whether innovation will see usage in the non-criminal world.
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The latest reincarnation of the deep web marketplace, in the form of Silk Road 3.0 is started by the people behind Crypto Market. Will they be able to live up to the expectations? Silk Road is reincarnated for the fourth time. The deep web marketplace is back online after its predecessors were forcibly shut down by the law enforcement agencies resulting in the creator’s arrest and incarceration. Silk Road used to be a network of trade routes traversing through the whole of Asian continent to connect with the Mediterranean Sea. It originally got its name for being the route taken by the....
The FBI shut down black marketplace Silk Road a year ago. This hidden website was used for the sale and purchase of items and services such as drugs, weapons, fake passports and other forged documents. To refresh your memory of the full Silk Road story, check out our interactive timeline below: This article is part of CoinDesk's Silk Road: One Year On series. Keep checking back for new additions to the series. Road. Silk RoadTimelines
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....
The Silk Road 2.0 saga continues, a 29-year old Briton has pleaded guilty to supplying and possessing drugs on the Silk Road 2.0 platform. Silk Road 2.0 was the successor of nefarious drug-dealing platform Silk Road, created by Ross Ulbricht in order to create a use case for popular digital currency Bitcoin. The history of Bitcoin has been plagued by both Silk Road and Silk Road 2.0 platforms. Not because these platforms created new use cases for the popular digital currency, but because they are both associated with illegal substances, drugs and other illicit dealings. Ever since both....
On the heels of Ross Ulbricht’s official Silk Road court case, it seems like the site is back online and more powerful than ever. The Silk Road returned under the title, “Silk Road Reloaded,” and claims to be even more private than its TOR predecessor. Utilizing an alternative network, called the Invisible Internet Project (I2P), the Silk Road Reloaded can only be accessed by downloading special software. In order to access the new Silk Road, interested parties need to download I2P software. The website URL is silkroadreloaded.i2p, but standard internet browsers will realize that the site....