Decentralized Market anyone? Lets talk

Greetings DNM and fellow users.

I for the sake of argument i am iSland.

A little background before I get into this conversation. I have been around since SR1 and been through the ringer with all of the shutdowns, BTC lost and exits. I for one as very tired of it. I am a developer, a server IT and an expert on pen-testing and security.

So I am here today to purpose an idea, a new dawn and age. A Market to be the end all of everyone's worries. No more BTC lost. No more crooked admins and mods. No more JAVASCRIPT or FLASH nor learks. No more loosing btc to exits. Vendor bond will be 0 to start and always free for legacy Vendors. Fees will be reasonable at 2% or a monthly vendor fee which the vendor can choose from? (any comments on this)?

Also-- A huge feature is all drugs will be tested. Our staff will have them sent to a lab for exact testing so our users know what they are getting.

We believe this will be huge so buyers know what is really in the product they are vending with MSGC proof. Admins and stuff will never directly handle them but middle men in several countries will handle the contraband and test it in labs across the world.

We are sick of people dying fro fake xanax and white H disguised as feynt.

Any opinions on this is great. We will be looking for MSGC testings to be paid on a monthly basis for they're help. Again security is number one priority.

This is just the tip of the iceburg.

So lets get to the good stuff. What I am purposing is this; A secure DECENTRAL Market which means majority of Coins are ever held in the site directly. (Idea still in progress on how to implement this securely with the ability to dipute) 2FA as well as multisignature are a must. Fast and reliable site. Good design and coded without leaks. Reduce scams and all BTC will be insured in the case of a scam. I believe this is the best way to combat scams, but at our discretion.

I would love to hear some opinions on features. This market will be like no other before it. Something more secure, more safe for buyers and vendors. We all want our drugs and we all want them safe and to keep our funds safe.

I am taking suggestions. The whole market and forum will be custom coded for security as apposed to the open source stuff we see already.

As for time frame on build. 3-6 months.

I know from being a user of every market what is needed.

id love to hear from the users here, vendors as well as some DNM mods.

Our biggest concern is decentral or a better way to implement security. We are already going to secure coins by a 100% BTC guarentee if scammed, which would be up to our discretion due to potential fraudsters tying to make BTC by scaming themselves.

Any and all help from the community to build something secure for all of us to benefit from is the goal.

Thank you for listening and your opinions and suggestions are always accepted.

As for decentral the admin would watch over transactions in dispute and would be the deciding factor on who gets the coins, but again the market does not have the coins a virtual person.bot does who has private keys in which once the parties agree the coins are released, if in dispute admin must sign the transaction to release coins, but again admin and site does not control where coins go. I believe this to be a good solution to the exits.

Any serious suggestions please do place them below. I am here to benefit the DNM community as we have all been screwed too many times. Lets make a change.

Signed : iSland


Comments


[21 Points] sapiophile:

It kinda sounds like you're just throwing around buzzwords without actually understanding what you're talking about. How will there be fees, vendor bonds, universal product testing, etc. if the market is "decentralized?" What does "decentralized" even mean to you, in this case? How will you receive samples to test without a thousand and one drop addresses, and how will you prevent vendors from knowing when they're sending out the sample to be tested (and remember that they may share your drops' addresses among one another)?

And only 3-6 months to build all this? By yourself? Are you serious?

All in all, I'd say you have a lot of reading to do, first.


[2 Points] docktor7:

Yeah good luck with that. And no one is dying of fake Xanax. We sort of already have a decentralized system. Right now we have over a dozen indvidual markets. If one goes down, just switch to a different one.


[3 Points] dnmthrowaweigh2020:

their they're there... i just can't trust the intelligence of anyone who fails to use lose/loose properly.


[2 Points] FlaccidFrog:

Sounds like far too much work then you could every hope to accomplish, especially anonymously.


[2 Points] JimmySaysHi24:

Yeah I'm going to call bullshit. Other implementations of decentralized markets already exist such as OpenBazaar, which will be coming out of beta very soon. You say you can accomplish this within 3-6 months but it has taken OpenBazaar over a year to get to the point they're at now. Sounds like you're trying to reinvent a system with a poorer implementation and try to take a cut out of it.

Not only that, how can it be decentralized if there is a point of failure such as your drug testing method? How is this even supposed to be a good idea if the vendor could simply send good product only to the testers...

Having an admin of the website defeats the decentralized nature of it. Not to be rude, but I seriously doubt your credentials as a "pentest expert" if you haven't thought through any of these points.

I'm glad you want to help take a stand and create a better and safer market, but I believe your efforts would be best spent contributing to projects that are already in progress. Again it has taken OpenBazaar, with a team, a very long time to get where they are at now.


[1 Points] MidwestBarbarian:

We are sick of people dying fro fake xanax

Any proof of this happening on the dnms?


[1 Points] None:

Hello....Ok so I like the idea of a decentralized anything, that goes without saying, it seems to be working pretty well for bitcoin anonymoty-wise and the philosophy is intriguing and especially relevant to this whole movement....

But I think this is something that needs to happen. Agora took the opsec pause, ostensibly, and LE might be getting wiser and infiltrating the markets, and what with all the xanax drama and otherwise they are getting closer and closer, our market concepts/tactics are getting stale. This could be a necessary next step

Maybe a secure way to get bitcoin directly on the markets? I dunno how in the fuck the blockchain works (would love to learn tho) but maybe that wouldn't be doable without an extreme force of will.

But whoever is speculating about this 'island' idea, if this is what I hope it is, obviously has some incredible means and resources behind them.

I don't know enough about the way the markets work and how the architecture of tor/bitcoin and the market interface works, nad as it relates to how in the fuck you would actually pull off something like this I don't know, but with the right people, the right community organization, and divine hubris pressing us ever onward, this sounds like a really neat idea....

And I'm not even going to tell you who I think is behind this ¯(°_o)/¯

P.S. are currently accepting applications?

◕‿↼


[1 Points] lordredvampire:

shadowcoin is doing just that.

www (dot) aboutshadow (dot) com


[1 Points] kanubis_1:

You sound like a sales man .


[1 Points] fauxdadoughhoe:

This sounds like a great idea. We need a consumer based market with top notch security and respectable people behind the programming. If you were able to get staff response to less than one hour, offer only escrow listings with the customer being top priority. ie vendor sends blank paper instead of product and provides tracking for scam package. Customer should be given chance to prove this somehow. There should be some way to personally identify each vendor so if they get banned they can never come back. Add advanced search features and add an "Items Wanted" section where customers can post inquiries for rare items or make polls for products that need to be brought back peaking vendors interest for demands of products. As only being a customer in really into this. Doubts aside I'm tired of getting robbed.


[1 Points] None:

[deleted]


[1 Points] Wanted_drugs_2day:

Blake, is that you?


[1 Points] notherstupidiea:

please. make it stop. i work with people that talk just like you.

are you a brown desi mutha fucker?


[1 Points] islandMarket:

Let us give you an update from yesterday. Any negativity please keep it to yourself. Ideas are accepted.

Would you users prefer to keep your coins on the market or off the market and pay for items when needed?

We are trying to cater to the user and vendor.

We would like to implement a secure off site payment method so no vendor nor user has much risk. Rating system will be different as well as FE would have a more secure way of implementation as one user has said. He seems to think that having a system that tells buyers if they have had any FE issues at certain price points such as 100, 500 1000 etc. It seems like a good idea to implement. I am all for suggestions. Back to our update. We will be opening up a forum and a sub reddit in the next few days for the islanders to speak and give serious comments from people who wish to see what they want. We wish to implement a advanced multi signature so that no vendor nor buyer or the site can steal or fraud anyone. We want to build the most secure market and we know vendors will come.


[1 Points] islandMarket:

UPDATE: We are securing our Server and will have a forum up very soon for the "iSlanders" to come and join in on the action. We will be taking this one step at a time and having dedicated users with real world input would be great. NO JS NO FLASH as well. Hope to see you there.


[1 Points] islandMarket:

We Will not just be implementing a very secure market but a beautiful one. Something our users can come to and look at. Beautiful vendor profiles is a goal of ours as well.


[1 Points] GoingPostalVendor:

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512

We are in! Fuck these admins!

GP -----BEGIN PGP SIGNATURE----- Comment: GPGTools - https://gpgtools.org

iQEcBAEBCgAGBQJWO2ngAAoJEIVXAfn0mRg8J/0H/iqZleOqa6TLEkk2KPnUty/9 Hz1wSDvD18A66536UgwuQN71MY0Y0KB4rQ26z7UKvY6pMWOvOonANwCb6kXti1jf ogW05HsBb+kTvPZCs+YH+X0CmismywqWq8XeQq08aO7vAdV275AdfVG63ceOmUhN V31XUFhYRyWMqrsZ/m0/Q9IoN+4ufym6u5M93zSQJw/kpDq2HeeZJNbh4d+0AmGV ajtzQy/TxBWCGm7S8OgybcGaEv6Xoc78hHlkh0GaxJmPk2FGsOftTGltsq+1IfrF NJYt5nieJw5OEnP/0jHUPzxfYppVvIXiCSoJwYeFWYnvk5DM8P23DgpP7HCMMWA= =Knhh -----END PGP SIGNATURE-----


[0 Points] None:

[removed]