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Are you looking for the best darknet marketplaces? Well, search no more as we’ve outlined the most popular online marketplaces currently. Check out our list below and you might as well find one of your favorites in there too.

However, here’s a quick tip if you’re going to be on the dark-web. You should be increasing your security by pairing a good VPN along with your Tor browser since just the browser is not enough for anonymous browsing. Once you’ve got yourself a VPN, you’re good to go.

 

  1. Dream Market

Dream market is known for its quality of products and sellers as compared to other markets on the dark web. It is also taking $% of the overall commission on sales, which is higher than other markets but, I think that’s reasonable since they provide good quality items. So, if you’re looking to spend on something with a guarantee that it’s worth the bucks, Dream Market is the place you should be at.

Market URL:  http://ltxocqh4nvwkofil.onion

 

  1. Bermuda

Bermuda is a darknet marketplace which aims to serve for a free world to buy & sell whatever they desire. Its marketplace provides you an escrow service, based on Bitcoin (a cryptocurrency) for an easy and smooth trade with a fine sense of confidence.

Here are some of the Vendor’s and Buyer’s guidelines:


Vendor’s Guidelines:

  • All members are kindly requested to be honest regarding Product quality, Package, Shipping, and Delivery.
  • Truthiness in your words helps to establish a network of trust, which is the backbone of Deep Markets.
  • Bermuda releases your available coins instantly; blockchain procedure may take some time. In case of issue contact to support.
  • A membership fee of $100 would be charged to become a vendor.

Buyer’s Guidelines:

  • All members are kindly requested to be honest regarding Product quality, Package, Shipping, and Delivery.
  • Select your desired product carefully; Read the description, Delivery time and other necessary information.
  • Recommended system to use is Linux. Apple and MS window based system is not fully trusted to use Tor based markets.

Market URL: http://gpyurg4lwou7a2vf.onion/

 

  1. Outlaw Market

Outlaw Market has been on the dark-web since 2013 and has had a mixture of reviews, some good while others not so good.

Market URL:  http://outfor6jwcztwbpd.onion/indxx1.php

 

  1. Valhalla (Silkkitie)

This marketplace was previously Finnish but is now available in the English language as well.  One reason this site is pretty secure is that you can only enter it if you receive an invite. Due to this invite-only system, there is more safety in trades made in the marketplace.

Market URL:  http://silkkitiehdg5mug.onion

 

  1. Hansa Market

Hansa is just a few months old but according to its reviews it seems to be doing pretty well. Since it’s pretty new it doesn’t have quite as many vendors but it’s expanding fast. It’s got a very simple interface along with maximum security, ensuring that the admins cannot run away with your funds.

Market URL:  http://hansamkt3iph6sbb.onion

 

  1. Crypto Market

Crypto Market is said to be handled by the same team as Silk Road 3.0 and apparently, they share databases as well. We’re a bit skeptical as to whether this site is a safe place to trade or not. If you’re curious to check it out yourself, we’ve provided the link below.

Market URL:  http://cryptomktgxdn2zd.onion

 

  1. Silk Road 3.0

No matter how many times you take Silk Road down, it seems to always bounce back. It wasn’t long after Silk Road 2.0 being shut down that an another would come back on, and it did. It’s safe to say that as long as Darknet Markets remain to exist, so will Silk Road. Obviously, Silk Road 3.0 has been gaining a substantial amount of popularity and it has even got tons of listings now.

Market URL:    http://reloadedudjtjvxr.onion/


  1. Darknet Heroes League

There’s not much that I have to say about this site. It is known to consist of not so many vendors who have been invited to sell on the portal. Check it out for yourself.

Market URL:  http://darkheroesq46awl.onion

 

  1. RAMP

RAMP stands for Russian Anonymous Marketplace, which makes it all the more obvious that it is in fact in Russian. Surprising to say it is one of the oldest darknet markets out there, standing since 2012. It’s a forum based marketplace and is said to contain drugs ranging from light to strong.  Their dealers are mostly from Russia, Ukraine and Belarus.

Market URL:  http://ramp2bombkadwvgz.onion

Remember that each portal has its pros and cons and it’s totally your decision to pick the suitable one for you being a buyer or seller. Also, I’d suggest that you become aware of marketplace scams before you jump into buying or selling anything on the dark-web.

Good luck on your hunt!

 

Story Credits: dreammarketdrugs.com

Image Credits: darknetmarkets.co

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A Beginner’s Guide to What Is Block Chain and How Does It Work

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What Is Block Chain

The Blockchain is a public ledger which is used to keep the record of Bitcoin transactions or the transactions made in some other cryptocurrency.

There are three essential technologies used in Blockchain and none of them are new. Instead, it is their arrangement and application methods that are new.

These technologies include:

  1. Cryptographic keys
  2. Distributed Network
  3. Record-keeping and network security.

In this article, we have tried to make clear as to how these technologies cooperate to secure the digital relationships.

Technologies Used in Blockchain – Cryptographic Keys:

Suppose, two individuals need to make an online transaction of bitcoin, each of them holds a public and a private key. Both the keys are in an encrypted form.

The principle motivation behind having a public and private key is to create a digital identity reference. The Identity of a client depends on the blend of two keys.

The blend of these keys is additionally called “digital signature”, which, consequently, gives a strong control of possession.

However, having strong control of possession is not enough to secure digital relationships. While authentication is solved, it must be consolidated with a means of approving transactions and authorization.

In Blockchains, this starts with a distributed network.

Distributed Networks:

The concept of distributed networks can easily be understood with the “falling tree in the forest” example.

If a tree falls in a forest and we have cameras to record the event, we can positively say that the tree fell since we have the visual confirmation. Same can be said in regards to distributed networks.

A substantial piece of bitcoin Blockchain is a huge system of validators – similar to the cameras in above example – where they reach an agreement that they all witnessed the similar event in the meantime. But instead of cameras, they utilize mathematical verification.

To put it plainly, the size of a distributed network is critical for the security of the system.

Distributed networks are one of the primary elements of “Bitcoin Blockchain“. At the time of writing, the system is secured by 3,500,000 TH/s, more than the top 10,000 banks on the planet combined.

The System of Record Keeping and Security:

Lastly, cryptographic keys are consolidated with the system to create a super useful form of digital interactions. The procedure starts with taking sender’s private key, then making a declaration that he is about to make a Bitcoin transaction — and finally appending his private key to the recipient’s public key.

With regards to the earlier example of falling tree, a realist may come up with the question, why there were dozens of PCs with cameras, holding up to record whether or not a tree falls.

Now, translating the same question in blockchain terminology, how do you attract the computing power for the maximum network security.

With blockchains, clients are offered special rewards in return for giving their PC’s processing power to secure the system. Which, ultimately, pulls in an extensive number of clients offering their machines’ computing power. The more the power, the more secure the system.

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Bitcoin – A Child poster for speculation

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A Child poster for speculation

13 July 2017, bitcoin is the leading prima donna of the digital currency market. Anyhow, a big wall street bank does not impress by the crypto-storm.

James Faucette leads the Morgan Stanley’s team to hold up Bitcoin BTCUSD. +0.05% as a poster child for assumption although downplaying its potential as a valid currency.

In a report, analysts of the cryptocurrency note that online merchants’ percentage is low from last five years. This is the fact that price of the digital currency increases by 250%.

Faucette says, “The disparity between virtually no merchant acceptance and bitcoin’s rapid appreciation is striking.”

He has the responsibility for retailer’s quick appreciation in case of lack of bitcoin’s appeal, high cost with low transaction process. But unluckily, the main offender may be its rapidly growing worth.

Faucette says, “The ecosystem has focused more on value speculation rather than the foot-leather-eating work of increasing acceptance — way easier to trade speculatively than convince new merchants to accept the cryptocurrency.”

In early June, Morgan warned the cryptocurrencies to join the traditional investment tools. In this context, they need to accept the government oversight. Accordingly, it didn’t persuasive what that would demand.

Meanwhile, until the bitcoin’s regulation introduces, the discussion is over that Bitcoin is an alternative formula of monopoly money. Or, a genuine currency is expected to continue without a definitive conclusion.

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To Increase Wages, Product, and Solutions Venezuelan Going to Use Petro System

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Venezuelan President Nicolás Maduro has actually revealed that the nationwide oil-backed cryptocurrency, the Petro, will be utilized as a system of accountability within the nation, news outlet ABC International reported August 14. The state oil business PDVSA going to utilize the Petro as a system of accountability, Nicolás Maduro apparently revealed in a tv address. Furthermore, the federal government will present a brand-new wage system and a prices system for items and services that are anchored to the Petro. ABC prices estimate Maduro:
Petro Cryptocurrency

“Since next Monday, Venezuela will have a 2nd accounting system based upon the rate, the worth of the Petro. It will be a 2nd accounting system of the Republic and will start operations as an obligatory accounting system of our PDVSA oil market.”

Mudaro’s Remarks

According to Maduro, the application of a brand-new Petro-based wage and rates system “will imply a significant enhancement in the earnings of the employees” and will assist “the optimum list price to come back.”

Beginning August 20, Venezuela will have 2 federal government currencies, the Petro and sovereign bolivar, the latter which will be indexed to the previous. The sovereign bolivar will take five absolutely nos far from the present nationwide currency, the bolivar fuerte, in an ultimate financial reconversion. The Reserve Bank (BCV) will apparently “start to release the main figures of the worth of the sovereign bolivar inning accordance with the Petro and the worth of the petrol inning accordance with worldwide currencies.” Maduro likewise stated that the BCV and personal banks in the nation have actually currently gotten the brand-new banknotes.

Petro’s Sale

The Venezuelan federal government introduced the pre-sale of the Petro in February, with 82.4 countless the world’s very first nationwide oil-backed cryptocurrency readily available at that time. The nation presented the currency in an effort to draw in foreign financiers and skirt U.S. and E.U. sanctions, along with conquered devastating devaluation which is forecasted to strike 1,000,000 percent in 2018.

Inning accordance with the Petro whitepaper, the cryptocurrency completely abides by Venezuelan legislation, though the opposition in the National Assembly openly declared that releasing Petro was prohibited. While some parts of the file absence great information and others are not backed by any adequate arguments, there are some clear financial usage cases. Paying taxes and other settlements with state bodies would be at least 10 percent less expensive with the Petro, which is prepared to be broadened into other payment markets in the future.

Whitepaper’s Statement about Petro

The whitepaper states that the Petro can be quickly converted into U.S. dollars and other currencies, which will assist Venezuela in export trade. Still, there’s a possibility that it could be acquired with funds that were gotten unlawfully at crypto exchanges or independently, then exchanged to oil that can be ‘washed’ and recorded to become offered through above-board company practices in numerous jurisdictions.

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Edward Snowden ‘Blows the Whistle’ This Time It is Bitcoin

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US whistleblower Edward Snowden has shown deep concerns over the long-term existence of Bitcoin. He talked about the long-term prospects related to Bitcoin in his latest interview. According to him the use of public Blockchain has made the cryptocurrencies vulnerable to misuse. Before considering his point of view, many readers would sure want to know who really Edward Snowden is and why should we value his discussion about Bitcoin and its future aspects.

Bitcoin ledger

Who is Edward Snowden?

Edward Snowden is a former Central Intelligence Agency (CIA) employee. He is a computer professional and is well known for being the NSA-whistleblower. He earned international fame after revealing NSA’s surveillance agenda. And now he thinks that Bitcoin has a serious problem. According to him the Bitcoin ledger is extremely vulgar to public and it is not dependable in the long run.

Addressing a large gathering at the Blockstack event in Berlin, Snowden said that no doubt majority of people have their full focus on Bitcoins, pertaining to its transaction rate limitations. Edward stated that the long-lasting flaw of Bitcoin is its public ledger.

Why is Public Ledger not dependable?

When asked that how he could decide whether the public ledger had such major drawbacks, Edward explained that the idea of a public ledger might be a nice one but it is not so much compatible with the local trade mechanism for trade. According to Edward we cannot have a lifelong history of purchases made by everyone neither can such be record maintained for long in the form of public ledger. The most fearing thing about a public ledger is that it always has a threat from the government. Without proper government control no one can be sure what may happen after sanctions from the government arise.

When Edward was asked about a solution he stated that Bitcoin was once considered as the safest way to pay for anything on the internet –  the main reason behind it was its anonymity. That’s the reason it was considered as the most favorite currency on the Silk Road platform. Furthermore, it was therefore used as a favorite tool for money-laundering and funding terrorist activities. However, Edward disclosed in his above-mentioned discussion that Bitcoins are much more traceable than any of us will bother to believe. Every wallet on the Bitcoin network has an address which acts as an identity and can be easily used to trace all the activities related to that specific user.

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How to Assess Basic Principles Of An Initial Coin Offering

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A person who is not accustomed or used to the terminologies of crypto industry, it is difficult to conceive the idea of initial coin offering or why the tokens are generated and how to assess an initial Coin offering. For a cryptogeek it is quite simple, for him an ICO is a tool that is used to trade future crypto coins which are exchanged for cryptocurrencies having instant or liquid value. This definition may be simple for a person who deals in all sorts of cryptocurrencies and has undergone various ICOs but when talking about a layman who has no sound knowledge of crypto, it may get complicated.

How to assess an initial coin offering

For your ease of understanding we have devised a simple example from everyday life which will be quiet helpful for you if you want to understand the basic principle of initial coin offering.

Example From Everyday life

Imagine you want to start a business of your own, you have selected the appropriate location for it, and you’ve also planned the interior and exterior design with the sort of items you are going to sale.

 

But, There’s one most important thing remaining …..

 

Without a handsome amount you cannot initiate your business, You must rent or purchase the place you have chosen, stock it with the items you want to sale and also hire some staff to tackle it the way you have devised in your mind.

 

Let us assume that you are an innovative person and you don’t want to get a loan from any one, you just want to initiate your own sum. For that purpose you produce your own branded product with some specific name say for example “BIT”. But you only generate it in a limited quantity of 1,000 pieces. Let us call each piece a currency, and customer won’t be able to buy that currency until they acquire them using special tokens that you’ll release gradually over the specific period of time following your business launch date.

 

If demand for BIT is high enough and if you succeed in making your buyers believe that its demand will continue to grow, that will automatically push up the price of the tokens generated in the future. These tokens would obviously sell for large sums and as a result you’ll raise enough money to launch your business.

 

You can make it further simple to say that first you offered shares for a company which you have not yet launched but you had developed a significant trust so public bought that share for the sake of investment. That was an Initial Public Offering from your side.

How To Apply The Same Principle To ICO?

The principle elaborated in the above example, is also behind an ICO. The same way you offered the public initial shares of your company, an ICO gives public the right to buy a product which exists in a limited quantity. The company offering that product has an option to sell its rights for a higher price.

 

The beauty of the above process and the thing which differentiates it from the prior IPO example is that it is supported by blockchain technology. This technology guarantees the authenticity of the tokens offered. In short ICO is a whole new way for businesses to raise money. According to the latest ICO news update, it has already been used to generate approximately 2 billion dollars.

How is ICO Risky?

Well, we have full trust on the blockchain technology but we have no issue in admitting that it can too be risky as compared to the Initial Public Offering. Let us see how?

 

First of all the most satisfactory thing about the IPOs is that they are well regulated. Companies which make such offers are lawfully bound to reveal all sorts of information about themselves before they make it fully public. It allows investors to make fair-minded estimations about their value. The main thing is that people making these investments have full knowledge about the Pros and Cons.

 

On the other hand people who invest in an ICO have comparatively less knowledge of what they are investing in and what will be the nature of their return. But it can be easy for you if you follow the following principles devised by our crypto experts:

Factors You Must Examine

  • Is the admin panel team of that company experienced?
  • Does the product offered by the company have a good market? If the product isn’t a hot item, there’s is no use to invest in it.
  • You must have proper knowledge of the blockchain technology which is underpinning the sale. How many tokens have been distributed uptill now and what is their security level.
  • The legal and regulatory stuff surrounding the company is safe or not?
  • What are the terms and conditions outlined in the white paper and do they look fair?

 

We hope that after following these rules and regulations it will be easy for you to make a smart decision in terms of ICO investment, still we are waiting for your suggestions and criticism in the comments section below.

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