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Atlantis (market)
Atlantis was a darknet market founded in March 2013, the third such type of market, concurrent with Silk Road (marketplace), The Silk Road and Black Market Reloaded. It was the first market to accept Litecoin. Shortly after launch, Atlantis deployed an aggressive marketing campaign to compete with Silk Road. To entice customers to switch allegiance, Atlantis focused its strategy on "usability, security, cheaper rates (for vendor accounts and commission), website speed, customer support, and feedback implementation". In June 2013 its startup company, startup style video attracted much media attention. The video advertised Atlantis as the "world's best anonymous online drug marketplace" and outlined offered features missing in its competitors. After this campaign, one of the site's co-founder announced that they secured more than $1 million in sales. Shortly after Operation Onymous, the market closed with one week's notice in September 2013. Like other markets such as Black Flag, A ...
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Darknet Market
A darknet market is a commercial website on the dark web that operates via darknets such as Tor or I2P. They function primarily as black markets, selling or brokering transactions involving drugs, cyber-arms, weapons, counterfeit currency, stolen credit card details, forged documents, unlicensed pharmaceuticals, steroids, and other illicit goods as well as the sale of legal products. In December 2014, a study by Gareth Owen from the University of Portsmouth suggested the second most popular sites on Tor were darknet markets. Following on from the model developed by Silk Road, contemporary markets are characterized by their use of darknet anonymized access (typically Tor), Bitcoin or Monero payment with escrow services, and eBay-like vendor feedback systems. History 1970s to 2011 Though e-commerce on the dark web started around 2006, illicit goods were among the first items to be transacted using the internet, when in the early 1970s students at Stanford University and Ma ...
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English Language
English is a West Germanic language of the Indo-European language family, with its earliest forms spoken by the inhabitants of early medieval England. It is named after the Angles, one of the ancient Germanic peoples that migrated to the island of Great Britain. Existing on a dialect continuum with Scots, and then closest related to the Low Saxon and Frisian languages, English is genealogically West Germanic. However, its vocabulary is also distinctively influenced by dialects of France (about 29% of Modern English words) and Latin (also about 29%), plus some grammar and a small amount of core vocabulary influenced by Old Norse (a North Germanic language). Speakers of English are called Anglophones. The earliest forms of English, collectively known as Old English, evolved from a group of West Germanic (Ingvaeonic) dialects brought to Great Britain by Anglo-Saxon settlers in the 5th century and further mutated by Norse-speaking Viking settlers starting in the 8th and 9th ...
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Darknet Market
A darknet market is a commercial website on the dark web that operates via darknets such as Tor or I2P. They function primarily as black markets, selling or brokering transactions involving drugs, cyber-arms, weapons, counterfeit currency, stolen credit card details, forged documents, unlicensed pharmaceuticals, steroids, and other illicit goods as well as the sale of legal products. In December 2014, a study by Gareth Owen from the University of Portsmouth suggested the second most popular sites on Tor were darknet markets. Following on from the model developed by Silk Road, contemporary markets are characterized by their use of darknet anonymized access (typically Tor), Bitcoin or Monero payment with escrow services, and eBay-like vendor feedback systems. History 1970s to 2011 Though e-commerce on the dark web started around 2006, illicit goods were among the first items to be transacted using the internet, when in the early 1970s students at Stanford University and Ma ...
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Silk Road (marketplace)
Silk Road was an online black market and the first modern darknet market. It was launched in 2011 by its American founder Ross Ulbricht under the pseudonym "Dread Pirate Roberts". As part of the dark web, Silk Road operated as a hidden service on the Tor network, allowing users to buy and sell products and services between each other anonymously. All transactions were conducted with bitcoin, a cryptocurrency which aided in protecting user identities. The website was known for its illegal drug marketplace, among other illegal and legal product listings. In October 2013, the Federal Bureau of Investigation (FBI) shut down Silk Road and arrested Ulbricht.Ars TechnicaHow the feds took down the Dread Pirate Roberts, 3 October 2013 Silk Road 2.0 came online the next month, run by former site administrators, but was shut down the following year as part of Operation Onymous. In 2015, Ulbricht was convicted in federal court for multiple charges related to operating Silk Road and was give ...
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Black Market Reloaded
Black Market Reloaded was a .onion hidden Tor Tor, TOR or ToR may refer to: Places * Tor, Pallars, a village in Spain * Tor, former name of Sloviansk, Ukraine, a city * Mount Tor, Tasmania, Australia, an extinct volcano * Tor Bay, Devon, England * Tor River, Western New Guinea, Indonesia Sc ... website which sold illegal drugs and other illegal goods such as stolen credit cards and firearms. Its popularity increased dramatically after the closure of Silk Road, its largest competitor. In late November 2013, the owner of Black Market Reloaded announced that the website would be taken offline due to an unmanageable influx of new customers following the collapse of Sheep Marketplace and Silk Road. References Defunct darknet markets Internet properties disestablished in 2013 {{crime-stub ...
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Litecoin
Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase. The practical effects of those codebase differences are lower transaction fees, faster transaction confirmations, and faster mining difficulty retargeting. Due to its underlying similarities to Bitcoin, Litecoin has historically been referred to as the "silver to Bitcoin's gold."Ismail, Ashiana. "Permissioned blockchains for real world applications." PhD diss., 2020. In 2022, Litecoin added optional privacy features via soft fork through the MWEB ( MimbleWimble extension block) upgrade. Design Units and divisibility The unit of account of the litecoin system is the ''litecoin''. Currency codes for representing litecoin is LTC. Its Unicode character i ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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Operation Onymous
Operation Onymous was an international law enforcement operation targeting darknet markets and other hidden services operating on the Tor network. Background Operation Onymous was formed as a joint law enforcement operation between the Federal Bureau of Investigation (FBI) and the European Union Intelligence Agency Europol. The international effort also included the United States Department of Homeland Security, Immigration and Customs Enforcement (ICE), and Eurojust. The operation was part of the international strategies that address the problems of malware, botnet schemes, and illicit markets or darknets. It was also linked with the war on drugs effort with the participation of the U.S. Drug Enforcement Administration (DEA). Raids On 5 and 6 November 2014, a number of websites, initially claimed to be over 400, were shut down including drug markets such as Silk Road 2.0, Cloud 9 and Hydra. Other sites targeted included money laundering sites and " contraband sites" ...
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Ross Ulbricht
Ross William Ulbricht (born March 27, 1984) is an American serving life imprisonment for creating and operating the darknet market website Silk Road from 2011 until his arrest in 2013. The site operated as a hidden service on the Tor network and facilitated the sale of narcotics and other illegal products and services. Ulbricht ran the site under the pseudonym "Dread Pirate Roberts", after the fictional character from ''The Princess Bride.'' In 2013, the Federal Bureau of Investigation (FBI) arrested Ulbricht and Silk Road was taken offline. In 2015, he was convicted of engaging in a continuing criminal enterprise, distributing narcotics, distributing narcotics by means of the internet, conspiracy to distribute narcotics, conspiracy to commit money laundering, conspiracy to traffic fraudulent identity documents, and conspiracy to commit computer hacking. He was sentenced to a double life sentence plus 40 years without the possibility of parole. Ulbricht's appeals to the U.S. ...
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Internet Properties Established In 2013
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource sharing. The ...
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Internet Properties Disestablished In 2013
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource sharing. The ...
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