Transforming The Dark Net Markets: A New Business Model

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Comments


[5 Points] The_OPs_Mommy:

Good thoughts but I remain convinced that centralized escrow is a necessary evil, and is unlikely to go out of fashion anytime soon.

It helps to bear in mind that a lot of these issues were pondered over and resolved, frequently in an archaic, mathematical manner, way back in the 1980's--long before the first exemplars of darknet markets came into being (and sometimes before their future creators were ever even born).

The early cypherpunks / crypto mailing lists contain a whole lot of human thought on these issues. They discussed the nature of trust and its place in anonymous markets, as well as the need for a centralized trust broker of sorts -- some person or entity whose cryptographically-verifiable identity becomes a store of reputational value. Ergo, the amorphous concept of reputation becomes transmuted into something of tangible value; and which increases with each successful transaction.

So long as the value of the anonymous transactions held in escrow by the trust broker remain ≤ the E.V. of the sum of future transactions, then the escrow holder is (in theory anyway) disincentivized to screw off and abscond with the escrowed funds currently being held.

As history as shown us, in practice, these calculations of reputational value ("nym value") are evidently sometimes murky, and prone to the whims of human folly, temporary circumstance, and garden-variety bad-decision making.


[1 Points] jamesnigra:

sounds like a great idea. if you found a bulk cannabis vendor in us like humboldtgrowers it would work great


[1 Points] None:

This solves nothing


[0 Points] AutoModerator:

NEVER use Tor gateways. By using them you send your login credentials and all other data in plaintext through the whole internet till it reaches the Tor gateway. So not only your ISP knows that you are buying drugs online but also the gateway can simply steal your bitcoins.

Use Tails as every other sane user and follow steps in the DNM bible.

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